Increased focus on aircraft modernization influencing the global aircraft cockpit display system market. Market Research Future (MRFR) reports that the global aircraft cockpit display system will capture 8.69% CAGR during the forecast period (2018–2025). Aircraft cockpit display systems is an advanced aircraft technology which is witnessing a quick uptick. Such systems are used in achieve superior graphical interface using human gesture and avionics. The improve human-machine interface to a significant extent.
Global Aircraft Cockpit Display System Market: Competition Analysis
Some of the top-notch companies profiled in MRFR’s report include Avidyne Corporation (US), L-3 Communication Holdings Inc. (US), Dynon Avionics (US), Esterline Technologies Corporation (US), Collins Aerospace Inc. (US), Universal Avionics Display Type Corporation (US), Aspen Avionics Inc. (US), Honeywell International Inc. (US), Elbit Systems Ltd. (Israel), Thales Group (France), Northrop Grumman Corporation (US) and Garmin Ltd (US)
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Manufacturers remain focused on making aircrafts safer and technologically advanced, which is reflecting favourably on the global aircraft cockpit display system market. Cockpit display systems enables pilots with retrieve critical data on aircraft altitude, airspeed, airstream incidence, etc. Such insights increased flight safety and efficiency parameters. Moreover, cockpit display systems also enable faster interaction with traffic management, accident prevention, achieve power efficiency among others.
Over the years, several technologies have been integrated in aircrafts cockpit systems to improve pilot assistance or support. Cockpit display system reduces the void between man and machine. Such systems remain in contention for further technological advancements in the future. Increased automation along the with rapid digitization is expected to influence the aerospace manufacturing sector during the assessment period.
Global Aircraft Cockpit Display System Market: Segmental Analysis
MRFR’s report includes a detailed segmental analysis of the market based on display size, platform, display type and region.
By display size, the market has been segmented into greater than 10 inches, 5 inches to 10 inches and less than 5 inches. By platform, the market has been segmented into military and commercial. The later will continue to outperform the former throughout the review period. This is mainly owing to the rapid expansion of commercial aircraft fleet worldwide.
On the basis of display type, the market has been segmented into multifunctional display (MFD), primary flight display (PFD) and engine-indicating and crew alerting system (EICAS). The multifunction display (MFD) segment accounts for a significant market share in terms of value. In addition, the segment is expected to witness 9.69% CAGR during the assessment period.
Global Aircraft Cockpit Display System Market: Regional Analysis
Asia Pacific (APAC) currently represents the largest share of the global aircraft cockpit display system market in terms of value. Countries such as Japan, China and India are expected to emerge as important contributors for the market during the assessment period. Emerging economies in region are witnessing a fast expansion of the aviation sector, which in parts is creating growth opportunities for market players. In addition, increased emphasis on domestic manufacturing in likely to open new avenues for market participants functioning in APAC. It is projected that the APAC aircraft cockpit display system market will exhibit a strong growth over the forecast period.
North America is also expected to capture a healthy share of the global aircraft cockpit display systems market during the forecast period. Presence of prominent aircraft manufacturers in the U.S. and Canada put the region at an advantageous position. Moreover, the vast aviation sector in America continues to lure market players towards the region.
In Europe, market indicators are likely to remain similar to that of North America over the next couple of years. Nevertheless, ongoing sluggish economic activities, BREXIT uncertainties, and increased protectionist stance are some of the factors likely to influence the Europe aviation sector during the assessment period.
Table of Contents:
1. Executive Summary
1.1. Market Attractiveness Analysis
1.1.1. Global Aircraft Cockpit Display System Market, by Display Type
1.1.2. Global Aircraft Cockpit Display System Market, by Platform
1.1.3. Global Aircraft Cockpit Display System Market, by Display Size
1.1.4. Global Aircraft Cockpit Display System Market, by Region
2. Market Introduction
2.1. Market Definition
2.2. Scope of the Study
2.3. Market Structure
2.4. Key Buying Criteria
2.5. Market Factor Indicator Analysis
3. Research Methodology
3.1. Research Process
3.2. Primary Research
3.3. Secondary Research
3.4. Market Size Estimation
3.5. Forecast Model
3.6. List of Assumptions
Continued. . .
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List of Tables:
TABLE 1 LIST OF ASSUMPTIONS
TABLE 2 MAJOR PATENTS GRANTED FOR IN-FLIGHT ENTERTAINMENT (15 MAY 2010–15 MAY 2019)
TABLE 3 DISPLAY TYPE: GLOBAL AIRCRAFT COCKPIT DISPLAY SYSTEM MARKET, 2018–2025 (USD MILLION)
TABLE 4 APPLICATION: GLOBAL AIRCRAFT COCKPIT DISPLAY SYSTEM MARKET, 2018–2025 (USD MILLION)
TABLE 5 DISPLAY SIZE: GLOBAL AIRCRAFT COCKPIT DISPLAY SYSTEM MARKET, 2018–2025 (USD MILLION)
Continued. . .
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