EFVS

Aerospace Avionics Market to Reach $111.58 Billion, Globally, by 2032 at 8.9% CAGR: Allied Market Research

Retrieved on: 
Wednesday, March 20, 2024

PORTLAND, Ore., March 20, 2024 /PRNewswire/ -- Allied Market Research published a report, titled, "Aerospace Avionics Market, by Subsystem (Flight Management Systems, Flight Control Systems, Health Monitoring Systems, Electrical & Emergency Systems and Communication, Navigation, and Surveillance Systems), Platform (Military Aviation, Commercial Aviation, General Aviation, and Special Mission Aviation), Fit (Retrofit and Forward Fit), and End-Use (OEM and Aftermarket): Global Opportunity Analysis and Industry Forecast, 2022–2032". the global aerospace avionics market size was valued at $48.74 billion in 2022, and is projected to reach $111.58 billion by 2032, registering a CAGR of 8.9% from 2023 to 2032.

Key Points: 
  • Increase in traffic densities, increase in need to utilize RF spectrum, and improved safety nets have elevated the demand for surveillance systems.
  • This upgrade replaces legacy Pro Line 4 avionics with cutting-edge displays and synthetic vision, addressing obsolescence issues, improving operational efficiency, and enhancing safety.
  • Rigorous safety standards and a growing emphasis on aviation cybersecurity are prompting investments in avionics technology, thus driving the market.
  • The aerospace avionics market analysis spans across more than 16 countries, offering a detailed breakdown of each country's value ($million) from 2022 to 2032.

Aerospace Avionics Market to Reach $111.58 Billion, Globally, by 2032 at 8.9% CAGR: Allied Market Research

Retrieved on: 
Wednesday, March 20, 2024

PORTLAND, Ore., March 20, 2024 /PRNewswire/ -- Allied Market Research published a report, titled, "Aerospace Avionics Market, by Subsystem (Flight Management Systems, Flight Control Systems, Health Monitoring Systems, Electrical & Emergency Systems and Communication, Navigation, and Surveillance Systems), Platform (Military Aviation, Commercial Aviation, General Aviation, and Special Mission Aviation), Fit (Retrofit and Forward Fit), and End-Use (OEM and Aftermarket): Global Opportunity Analysis and Industry Forecast, 2022–2032". the global aerospace avionics market size was valued at $48.74 billion in 2022, and is projected to reach $111.58 billion by 2032, registering a CAGR of 8.9% from 2023 to 2032.

Key Points: 
  • Increase in traffic densities, increase in need to utilize RF spectrum, and improved safety nets have elevated the demand for surveillance systems.
  • This upgrade replaces legacy Pro Line 4 avionics with cutting-edge displays and synthetic vision, addressing obsolescence issues, improving operational efficiency, and enhancing safety.
  • Rigorous safety standards and a growing emphasis on aviation cybersecurity are prompting investments in avionics technology, thus driving the market.
  • The aerospace avionics market analysis spans across more than 16 countries, offering a detailed breakdown of each country's value ($million) from 2022 to 2032.

AerSale® Receives Boeing 737NG Supplemental Type Certificate for its Enhanced Flight Vision System “AerAware™”

Retrieved on: 
Wednesday, December 6, 2023

AerSale developed the AerAware certification program under license with The Boeing Company, which included access to necessary technical services, maintenance, and engineering data.

Key Points: 
  • AerSale developed the AerAware certification program under license with The Boeing Company, which included access to necessary technical services, maintenance, and engineering data.
  • AerAware incorporates Synthetic Vision and Enhanced Vision Systems along with Primary Flight Display symbology, resulting in a user-controlled Combined Vision System that substantially increases situational awareness during all phases of flight including low visibility operations.
  • Additionally, AerAware greatly enhances flight crew situational awareness, which results in improved energy management during critical phases of flight.
  • The newly certified AerAware system is available exclusively through AerSale and its business partner Universal Avionics, an Elbit Systems company.

AerSale’s Enhanced Flight Vision System “AerAware™” is First to Achieve 50% Visual Advantage

Retrieved on: 
Monday, October 30, 2023

The Company has successfully achieved a 50% visual advantage in low visibility operations over the naked eye for its AerAware™ Enhanced Flight Vision System (EFVS) on the Boeing B737NG aircraft, a first in commercial aviation1.

Key Points: 
  • The Company has successfully achieved a 50% visual advantage in low visibility operations over the naked eye for its AerAware™ Enhanced Flight Vision System (EFVS) on the Boeing B737NG aircraft, a first in commercial aviation1.
  • Visual advantage is defined as the difference between what a pilot can see using an EFVS as compared to what can be seen with the naked eye.
  • The 50% visual advantage breakthrough was achieved through a collaboration with Universal Avionics and Elbit Systems on AerSale’s AerAware STC.
  • This is the first system approved by the FAA for a 50% visual advantage and the only system approved at 50%.

AerSale Expands and Strengthens Engineered Solutions Leadership Team

Retrieved on: 
Wednesday, August 30, 2023

Iso Nezaj, the current President of Engineered Solutions, has been appointed to the newly created role of Chief Product Development Officer.

Key Points: 
  • Iso Nezaj, the current President of Engineered Solutions, has been appointed to the newly created role of Chief Product Development Officer.
  • Mr. Nezaj will be replaced by Ben Tschirhart as President of Engineered Solutions.
  • Mr. Nezaj has served as Chief Technical Officer of AerSale as well as Division President, Engineered Solutions from 2017.
  • The expansion of our Engineered Solutions leadership team will help drive continued growth and value creation for aircraft owners and operators.

AerSale® Successfully Completes Certification Flight Testing for the AerAware™ Enhanced Flight Vision System (EFVS)

Retrieved on: 
Monday, August 21, 2023

AerSale Corporation (NASDAQ: ASLE) (the “Company”), a leading provider of aviation products and services, announced today that it has successfully completed all certification flight testing for AerAware™, its Enhanced Flight Vision System (EFVS), in coordination with the U.S. Federal Aviation Administration (FAA).

Key Points: 
  • AerSale Corporation (NASDAQ: ASLE) (the “Company”), a leading provider of aviation products and services, announced today that it has successfully completed all certification flight testing for AerAware™, its Enhanced Flight Vision System (EFVS), in coordination with the U.S. Federal Aviation Administration (FAA).
  • Prior to the completion of the final test flight, the FAA approved all modifications to the system and the Company successfully completed its fifth set of test flights on August 19, 2023, which when added to the first four set of flight tests, totaled more than 100 hours of flight time.
  • Nicolas Finazzo, AerSale’s Chief Executive Officer said, “We are pleased to reach this milestone in the development of AerAware, and we look forward to proceeding to Supplemental Type Certification and commercialization of the product.”

Universal Avionics Announces Selection of Troy Niles as Co-chair of RTCA's SC-213 Committee

Retrieved on: 
Tuesday, February 28, 2023

TUCSON, Ariz., Feb. 28, 2023 /PRNewswire/ -- Universal Avionics (UA), an Elbit Systems company, announces that Troy Niles has been selected to co-chair the RTCA (Radio Technical Commission for Aeronautics) special committee SC-213 on Enhanced Flight Vision Systems and Synthetic Vision Systems (EFVS/SVS). This continues UA's 15-year involvement as co-chair of the committee.

Key Points: 
  • TUCSON, Ariz., Feb. 28, 2023 /PRNewswire/ -- Universal Avionics (UA), an Elbit Systems company, announces that Troy Niles has been selected to co-chair the RTCA (Radio Technical Commission for Aeronautics) special committee SC-213 on Enhanced Flight Vision Systems and Synthetic Vision Systems (EFVS/SVS).
  • Troy Niles is a Technical Program Manager for ClearVision EFVS at Universal Avionics with over 25 years of experience in the aviation industry, specializing in head-down/head-up displays and vision systems.
  • As a premier and preferred supplier of Enhanced Flight Vision Systems, Universal Avionics is a key player in the EFVS market.
  • Niles' background and expertise, combined with his role at Universal, make him an ideal representative to lead progress in aviation through the RTCA special committee.

Universal Avionics Establishes Repair Capability for Enhanced Vision Cameras

Retrieved on: 
Tuesday, December 13, 2022

TUCSON, Ariz., Dec. 13, 2022 /PRNewswire/ -- Universal Avionics (UA), an Elbit Systems company has established repair capabilities for ClearVision™ EVS-5000 in its Tucson, AZ Part 145 Repair Station. The addition of multispectral enhanced vision cameras to the UA Repair Station capability list augments the worldwide support for EVS-5000 and will support its growing North American customer base.

Key Points: 
  • TUCSON, Ariz., Dec. 13, 2022 /PRNewswire/ -- Universal Avionics (UA), an Elbit Systems company has established repair capabilities for ClearVision EVS-5000 in its Tucson, AZ Part 145 Repair Station.
  • The addition of multispectral enhanced vision cameras to the UA Repair Station capability list augments the worldwide support for EVS-5000 and will support its growing North American customer base.
  • ClearVision Enhanced Vision System (EVS) provides superior visuals with real-time synthetic information to improve flight safety and operational capabilities.
  • To learn more about the ClearVision Enhanced Vision System and Universal Avionics repair services, visit www.uasc.com .

Universal Avionics Awarded 33M$ Deal with AerSale to Deliver ClearVision Enhanced Vision Systems for Boeing 737NG

Retrieved on: 
Monday, July 18, 2022

TUCSON, Ariz., July 18, 2022 /PRNewswire/ -- Universal Avionics (UA) was awarded a contract valued at $33 million to supply ClearVision systems Enhanced Flight Vision Systems (EFVS) from AerSale (NASDAQ: ASLE).

Key Points: 
  • TUCSON, Ariz., July 18, 2022 /PRNewswire/ -- Universal Avionics (UA) was awarded a contract valued at $33 million to supply ClearVision systems Enhanced Flight Vision Systems (EFVS) from AerSale (NASDAQ: ASLE).
  • The solution featuring the SkyLens Head Wearable Display (HWD) and EVS-5000 cameras for the Boeing 737NG, is part of the AerAware installation, developed by AerSale.
  • The deal follows increasing interest in the aviation market for enhanced vision systems that provide significant operational benefits and improved situational awareness at night and in low visibility conditions.
  • ClearVision provides an innovative Combined Vision System (CVS) displayed to both pilot and copilot on the SkyLens HWD, a certified display for commercial aviation.