Glass Cockpit Market for Aerospace by Aircraft Type Analysis Forecast (2014 – 2020)
- Written by Pitch Engine
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.
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.
The report is based on an in-depth research study on the glass cockpit displays for aerospace market across different types of aircraft, such as cargo, fighter, helicopter, air transport, general aviation, trainer, and business jet. The report profiles the major active companies in the Glass Cockpit Display Market. The recent developments, contracts received by OEMs, and agreements to strengthen the growth of this market are also briefly discussed. The report also provides the competitive landscapes of the key players, which indicate their growth strategies in terms of the glass cockpit displays for aerospace market.
Advanced technologies, such as touchscreen displays and a boost in the orders of new aircraft by airlines, are the major areas of opportunities for the glass cockpit displays in aerospace industry. Whereas, factors such as light weight with more functionalities 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.
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.), among others.
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The market size of the glass cockpit displays for aerospace market is expected to grow at a CAGR of 2.2% in terms of value and 5.3% in terms of volume from 2014 to 2020. The report focuses on detailed segmentations of the market, combined with qualitative and quantitative analysis of each and every aspect of the classification on the basis of aircraft types, display types, display sizes, and geographies. All the numbers, at every level of detail, are forecast till 2020 to give a glimpse of the potential market size in terms of value and volume in this market.
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Authors: Pitch Engine
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