According to the new market research report "Glass Cockpit Displays for Aerospace Market by Aircraft Type (Cargo, Fighter, Helicopter, Air Transport, Trainer, General Aviation, & Business Jet), Display Type (PFD, MFD, Backup, & Mission), Display Size, & Geography - Analysis & Forecast to 2014 - 2020", the glass cockpit displays for aerospace market is estimated to grow at a CAGR of 2.2% in terms of value and 5.3% in terms of volume from 2014 to 2020, which includes an in-depth analysis of the aircraft types, display types, sizes, and geography.
Browse 81 market data tables and 110 figures spread through 160 pages and in-depth TOC on “Glass Cockpit Displays for Aerospace Market - Analysis & Forecast to 2014 - 2020"
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This market is expected to reach $1,818.7 Million by 2020, growing at a CAGR of 2.2% from 2014 to 2020.
Glass cockpits; also known as cockpit displays, head-down displays (HDD), or electronic flight instrument system (EFIS) displays, are generally a cluster of several display screens that form a display panel in the cockpit. The history of glass cockpit displays dates back to the late 1970s, when NASA conducted a study for the research of a much efficient display technology. However, the technology was commercialized in the 1990s, when the LCD glass cockpit display technology was widely accepted by airliners, business jets, and military aircrafts. By the end of the 20th century, these displays became an essential part of every big and small aircraft’s cockpit. Since then, glass cockpit displays have gradually made their way from commercial aircraft to the general aviation industry.
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Glass Cockpit Display Market are generally a cluster of several display screens that form a display panel in the cockpit of an aircraft. These displays have become an essential part of every big and small aircraft’s cockpit. Factors such as light weight with more functionality and better accuracy; enhanced safety, situational awareness, and efficiency; and automation of the flight controls are driving the growth of the glass cockpit displays for aerospace market. This market is expected to reach $1,818.7 Million by 2020, growing at a CAGR of 2.2% from 2014 to 2020. Moreover, the shipment of glass cockpit displays is expected to reach 148,277 units by 2020, growing at an estimated CAGR of 5.3%. Technological advancement has resulted in a positive impact on the market.
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The competitive landscape of the market presents an interesting picture, wherein market players from the OEM block of the glass cockpit displays for aerospace market value chain have gotten together to become a force to reckon with. The market is witnessing large scale contracts and new product launches across the value chain with a number of tier one players around the globe.
Major players in this market include Aspen Avionics, Inc. (U.S.), Avidyne Corporation (U.S.), Dynon Avionics (U.S.), Elbit Systems Ltd. (Israel), Esterline Technologies Corporation (U.S.), Garmin Ltd. (Switzerland), Honeywell Aerospace, Inc. (U.S.), L-3 Communication Holdings, Inc. (U.S.), Northrop Grumman Corporation (U.S.), Rockwell Collins, Inc. (U.S.), Thales SA (France), and Universal Avionics Systems Corporation (U.S.).
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