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Display for Avionics Applications Market size is set to grow by USD 1.32 billion from 2024-2028, Growing demand for automation boost the market, Technavio


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. 

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Market Challenges

For more insights on driver and challenges - Request a sample report!

Segment Overview 

  1. End-user 
    • 1.1 Civil aviation
    • 1.2 Military aviation
  2. Type 
    • 2.1 In-flight display
    • 2.2 Heads-up display (HUD)
  3. 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

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: [email protected]
Website: www.technavio.com/

SOURCE Technavio


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