growing demand for automation is driving the Display For Avionics Applications Market

Latest News:- Display For Avionics Applications Market: Civil aviation is expected to lead the End-user segment during 2024-2028

Technavio analyzes that the Display For Avionics Applications Market is expected to grow at a CAGR of 4.46% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 1329.6 million.There are various factors that contribute to the growth of the market. The avionics display market is experiencing significant growth due to the increasing demand for automation in the aviation industry. Advanced technologies, such as Electronic Flight Instruments and Head-up Displays, are being integrated into aircraft cockpits to enhance safety, efficiency, and pilot situational awareness. These displays provide real-time information to pilots, reducing workload and improving decision-making capabilities. Additionally, regulatory bodies are mandating the installation of such systems to meet safety standards, further driving market growth.

In the avionics industry, displays play a crucial role in enhancing the functionality and efficiency of various applications. Two primary segments of aviation displays can be identified based on technology and application: primary flight displays (PFDs) and multi-functional displays (MFDs). PFDs, which utilize LCD or OLED technology, offer pilots essential flight information, including altitude, airspeed, and navigational data. These displays aim to improve situational awareness and flight control. MFDs, which may incorporate head-up displays (HUDs), serve multiple functions and can include cockpit displays, cabin management displays, test and maintenance displays, and emergency and warning displays. Avionics systems for both civil and military applications, such as the Checkmate fighter, integrate various display technologies to optimize performance and operational readiness. 

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Display For Avionics Applications 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

Top Performing Companies

As per our research findings, here are some of the key competitors that are leading the industry

• 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
• The Boeing Co.

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Research Analysis Overview

The Aviation industry's Display for Avionics Applications market encompasses Primary Flight Displays and Multifunction Displays in various sizes: less than 5 inches, 5 to 10 inches, and greater than 10 inches. These displays cater to both military and commercial sectors in new aircraft, improving cockpit components for enhanced safety and situational awareness. Lightweight, automated flight control components integrate touchscreen, wide viewing angles, high-resolution graphics, and user interfaces, featuring modern cockpit displays, flight instruments, head-up displays, and outside views. Pilots benefit from these advanced technologies for improved flight safety.

Market Research Overview

The avionics applications market, a segment of the larger electronic equipment and instruments market, encompasses the production of Primary Flight Displays (PFDs) and Multifunction Displays (MFDs) for both military and commercial aviation. These displays come in various sizes, including less than 5 inches, 5 to 10 inches, and greater than 10 inches. The global electronic equipment and instruments market, a subcategory of the broader electronics industry, is expected to experience significant growth due to the increasing demand for advanced avionics systems. This growth is driven by the need for enhanced safety, efficiency, and connectivity in modern aviation. Technavio, a leading technology research firm, predicts that this trend will continue, fueled by technological advancements and digital transformation in the aviation sector. The increasing production of new aircraft and the subsequent requirement for advanced avionics systems will further bolster market growth.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

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Technavio Research
Jesse Maida
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