NEW
YORK, June 17, 2024 /PRNewswire/ -- The
global display for avionics applications market size is
estimated to grow by USD
1.32 billion from 2024-2028, according to Technavio.
The market is estimated to grow at a CAGR of over 4.46% during
the forecast period. Growing demand for automation is driving
market growth, with a trend towards introduction of
automatic ground collision avoidance system (auto-gcas).
However, barriers to adoption of new technologies and
equipment poses a challenge. Key market players include
Astronautics Corp. of America, Astronics Corp., Avidyne Corp., BAE
Systems Plc, Diehl Stiftung and Co. KG, Elbit Systems Ltd.,
Excelitas Technologies Corp., FDS Avionics Corp., Gables
Engineering Inc., Garmin Ltd., General Electric Co., Honeywell
International Inc., L3Harris Technologies Inc., Mercury Systems
Inc., Nytric Ltd., Parker Hannifin Corp., RTX Corp., ScioTeq BV,
Thales Group, and The Boeing Co..
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Display for Avionics
Applications Market Scope
|
Report
Coverage
|
Details
|
Base year
|
2023
|
Historic
period
|
2018 - 2022
|
Forecast
period
|
2024-2028
|
Growth momentum &
CAGR
|
Accelerate at a CAGR of
4.46%
|
Market growth
2024-2028
|
USD 1329.6
million
|
Market
structure
|
Fragmented
|
YoY growth 2022-2023
(%)
|
4.2
|
Regional
analysis
|
North America, Europe,
APAC, South America, and Middle East and Africa
|
Performing market
contribution
|
North America at
47%
|
Key
countries
|
US, France, China,
Germany, and UK
|
Key companies
profiled
|
Astronautics Corp. of
America, Astronics Corp., Avidyne Corp., BAE Systems Plc, Diehl
Stiftung and Co. KG, Elbit Systems Ltd., Excelitas Technologies
Corp., FDS Avionics Corp., Gables Engineering Inc., Garmin Ltd.,
General Electric Co., Honeywell International Inc., L3Harris
Technologies Inc., Mercury Systems Inc., Nytric Ltd., Parker
Hannifin Corp., RTX Corp., ScioTeq BV, Thales Group, and The Boeing
Co.
|
Market Driver
The global display for avionics applications market is set to
experience growth due to increasing demand for advanced collision
avoidance systems. Notable developments include the Naval Air
Systems Command's USD12.4 million
contract awarded to Boeing for Auto-GCAS flight control computer
upgrades. This technology enhances the capacity of Navy Boeing
F/A-18C/D aircraft to prevent controlled flight into terrain during
challenging missions. NASA and the US Air Force also focus on
implementing this technology in lower-performance aircraft and
UAVs.
The US Air Force Research Laboratory is working on air collision
prevention technology, which will eventually be integrated with
Auto-GCAS to provide a comprehensive collision avoidance
system.
The Displays for Avionics Applications market is experiencing
significant growth, driven by the increasing use of advanced
technology in the aerospace industry. Head-up displays, cockpit
displays, and multifunction displays are becoming increasingly
common in modern aircraft.
Usage of these displays is crucial for improving safety and
efficiency in flight. Displays play a vital role in real-time data
presentation, enabling pilots to make informed decisions. The trend
towards digitization and automation in avionics is further fueling
the demand for advanced displays. The market for displays in
avionics is expected to continue its upward trajectory in the
coming years.
Research report provides comprehensive data on
impact of trend. For more details- Download a Sample
Report
Market Challenges
- The global Display for Avionics Applications market faces
regulatory challenges due to the highly regulated commercial
aircraft industry. Vendors must comply with stringent regulations
from organizations like the FAA, ICAO, and EASA for safety
reasons. New technologies come with high costs and the need for
expertise, leading to cost recovery throughout the equipment's
lifecycle.
- The operation of unmanned aircraft in Network Attached Storage
(NAS) could increase bandwidth demand, straining civil aviation
wireless communications. Innovations require significant backing
from manufacturers and MRO service providers due to complex repair
processes. These factors may impact market growth during the
forecast period.
- The Displays for Avionics Applications market faces several
challenges. These include the need for high-performance, low-power
displays for extended flight hours. The requirement
for ruggedized displays that can withstand extreme
temperatures and vibrations is also crucial.
- Additionally, the integration of advanced features such as
multi-touch and gesture recognition adds complexity to the design
process. Furthermore, the need for compliance with aviation safety
standards and regulations adds to the challenges. Lastly, the
increasing demand for larger, high-resolution displays for enhanced
situational awareness poses a significant challenge for
manufacturers.
For more insights on driver and
challenges - Request a sample report!
Segment Overview
- End-user
- 1.1 Civil aviation
- 1.2 Military aviation
- Type
- 2.1 In-flight display
- 2.2 Heads-up display (HUD)
- Geography
- 3.1 North America
- 3.2 Europe
- 3.3 APAC
- 3.4 South America
- 3.5 Middle East and
Africa
1.1 Civil aviation- The Display for Avionics
Applications market caters to the demand for advanced visual
systems in aircraft cockpits. These displays offer pilots essential
information, enhancing safety and efficiency. They replace
traditional gauges and provide real-time data, improving
situational awareness. The market's growth is driven by
technological advancements and increasing air traffic.
Manufacturers focus on developing lightweight, cost-effective, and
high-resolution displays to meet industry requirements.
For more information on market segmentation with
geographical analysis including forecast (2024-2028) and historic
data (2017-2021) - Download a Sample Report
Research Analysis
The Display for Avionics Applications market encompasses a range
of cockpit components, including Primary Flight Displays and
Multifunction Displays, available in various sizes: less than 5
inches, 5 to 10 inches, and greater than 10 inches. These displays
cater to both military and commercial aviation industries,
integrating into new aircraft designs. Enhanced safety and
situational awareness are key benefits, with automated flight
control systems and lightweight components contributing to improved
avionics applications.
Modern cockpit displays offer touchscreens, wide viewing angles,
and high-resolution graphics, while user interfaces ensure ease of
use for pilots. Multifunction displays, Head-up displays, and
Flight instruments provide essential information, outside views,
and advanced features, all crucial for ensuring flight safety in
the aviation industry.
Market Research Overview
The Displays for Avionics Applications market encompasses a
range of technologies designed to enhance the functionality and
safety of aircraft systems. These displays utilize advanced
features such as full-color graphics, multi-touch capabilities, and
high-resolution displays to provide pilots and aircraft maintenance
personnel with real-time information. The market includes various
types of displays, including primary flight displays, multifunction
displays, head-up displays, and electronic flight instrument
displays.
These displays are integral to modern avionics systems, enabling
improved situational awareness, increased efficiency, and enhanced
safety in the cockpit. The market for Displays for Avionics
Applications is expected to grow significantly due to the
increasing demand for advanced avionics systems in both commercial
and military aircraft.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- End-user
-
- Civil Aviation
- Military Aviation
- Type
-
- In-flight Display
- Heads-up Display (HUD)
- Geography
-
- North America
- Europe
- APAC
- South America
- Middle East And Africa
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions.
With over 500 specialized analysts, Technavio's report library
consists of more than 17,000 reports and counting, covering 800
technologies, spanning across 50 countries. Their client base
consists of enterprises of all sizes, including more than 100
Fortune 500 companies. This growing client base relies on
Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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