Global Commercial Aircraft Video Surveillance Systems Market Segmented Forecasts and Outlook 2020

Market outlook of the global commercial aircraft video surveillance systems market
Technavios market research analyst anticipates the global commercial aircraft video surveillance market to grow at a CAGR of approximately 5% by 2020. The growing emphasis on passenger safety is predicted to bolster the demand for surveillance systems during the forecast period. Moreover, the introduction of stringent policies by regulatory bodies is envisaged to necessitate the incorporation of video cameras for surveillance inside an aircraft.

The augmented demand for cost-effective surveillance equipment is the key driver for the growth of this market. Recently, it has been observed that numerous airline companies are looking to reduce their total cost of operation by using the latest avionics systems in their aircraft. Such systems allow centralized monitoring and help to control a large number of interconnected and electrically powered equipment and subsystems in the cabin.

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Segmentation by aircraft type and analysis of the commercial aircraft video surveillance systems market
Regional jets

In this market research, Technavio analysts have anticipated the narrow-body aircraft segment to account for more than 67% of the total market share by 2020. The recent increase in the demand for narrow-body aircraft from organizations across the globe is predicted to result in this segments high market share during the forecast period.

Geographical segmentation of the commercial aircraft video surveillance systems market

Technavio market research analysts have estimated the Americas to be the highest revenue-generating segment during the predicted period. The recent increase in air passenger traffic in this region is predicted to necessitate the development of automated systems, which...