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The enhanced vision system market size is forecast to increase by USD 68.32 million at a CAGR of 4.52% between 2023 and 2028. The market is experiencing significant growth due to its increasing adoption in various industries, particularly commercial airlines. This cutting-edge technology enhances situational awareness by utilizing sensor technology such as infrared imaging and multispectral imaging. EVS is particularly valuable in inclement weather conditions, enabling pilots to see runways and obstacles more clearly. The integration of artificial intelligence (AI) in EVS has further advanced its capabilities, with AI-powered image processing and object recognition enhancing the system's accuracy and reliability. The display segment of enhanced vision systems is expected to witness significant growth due to the increasing adoption of these advanced technologies in aviation. However, the increasing manufacturing costs of EVS may hinder market growth. In the maritime industry, EVS is expanding applications in navigation, while in mining and extraction, it is enhancing safety and efficiency.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Component
7 Market Segmentation by Platform
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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