Market Share of Aircraft Synthetic Vision Systems Industry
Major players in the aircraft synthetic vision systems market are Cobham Limited, Garmin Ltd, Honeywell International Inc., Thales Group, and Collins Aerospace (Raytheon Technologies Corporation). As synthetic vision systems (SVSs) become more mainstream, players are refining their products to appeal to a broader range of customers. Along with general aviation operators, key targets of the players include the rotorcraft and commercial aviation markets. However, for commercial and general aviation users, in addition to providing situational awareness, the market players are also expected to design synthetic vision systems keeping in mind the potential for economic returns. The systems are required to be less prone to malfunction or breakdown, eliminating or reducing the need for frequent upgrades and maintenance, which may attract new customers for players, helping them gain higher market shares.
Aircraft Synthetic Vision Systems Market Leaders
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Garmin Ltd
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Honeywell International Inc.
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Thales Group
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Cobham Limited
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Collins Aerospace (Raytheon Technologies Corporation)
*Disclaimer: Major Players sorted in no particular order
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