UAE Enhanced Vision System Market Size & Outlook, 2024-2030
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UAE enhanced vision system market highlights
- The UAE enhanced vision system market generated a revenue of USD 3.0 million in 2023 and is expected to reach USD 4.4 million by 2030.
- The UAE market is expected to grow at a CAGR of 5.9% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2023.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
Enhanced vision system market data book summary
| Market revenue in 2023 | USD 3.0 million |
| Market revenue in 2030 | USD 4.4 million |
| Growth rate | 5.9% (CAGR from 2024 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Services |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
| Key market players worldwide | Astronics Corp, RTX Corp, Elbit Systems Ltd, TransDigm Group Inc, Honeywell International Inc, L3Harris Technologies Inc, Airbus SE, Thales, Opgal, United Technologies Corporation |
Other key industry trends
- In terms of revenue, UAE accounted for 1.3% of the global enhanced vision system market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia enhanced vision system market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 4.0 million by 2030.
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Enhanced Vision System Market Scope
Enhanced Vision System Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| United Technologies Corporation | View profile | 10001+ | Hartford, Connecticut, United States, North America | http://www.utc.com |
| Opgal | View profile | 10001+ | Tirat Karmel, Hefa, Israel, Asia | http://www.opgal.com |
| TransDigm Group Inc | View profile | 15500 | 1301 East 9th Street, Suite 3000, Cleveland, OH, United States, 44114 | https://www.transdigm.com |
| Elbit Systems Ltd | View profile | 18984 | Advanced Technology Center, P.O. Box 539, Haifa, Israel, 3100401 | https://www.elbitsystems.com |
| Astronics Corp | View profile | 2640 | 130 Commerce Way, East Aurora, NY, United States, 14052 | https://www.astronics.com |
| Airbus SE | View profile | 150093 | P.O. Box 32008, Leiden, ZH, Netherlands, 2303 DA | https://www.airbus.com |
| Thales | View profile | 81000 | 4, rue de la Verrerie, Meudon, France, 92190 | https://www.thalesgroup.com |
| L3Harris Technologies Inc | View profile | 50000 | 1025 West NASA Boulevard, Melbourne, FL, United States, 32919 | https://www.l3harris.com |
| RTX Corp | View profile | 185000 | 1000 Wilson Boulevard, Arlington, VA, United States, 22209 | https://www.rtx.com |
| Honeywell International Inc | View profile | 95000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | https://www.honeywell.com |
UAE enhanced vision system market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to enhanced vision system market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 63.33% in 2023. Horizon Databook has segmented the UAE enhanced vision system market based on hardware, software, services covering the revenue growth of each sub-segment from 2017 to 2030.
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Our clientele includes a mix of enhanced vision system market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the UAE enhanced vision system market , including forecasts for subscribers. This country databook contains high-level insights into UAE enhanced vision system market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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UAE enhanced vision system market size, by component, 2017-2030 (US$M)
UAE Enhanced Vision System Market Outlook Share, 2023 & 2030 (US$M)
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