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The aircraft cockpit display market segment in the world aviation industry is innovative, illustrated by technological evolution, mixed with regulatory requirements, and the urgent need for higher safety and operations efficiency. Having cockpit displays as their vital features, provides essential information to pilots like navigation data or engine health statistics. The market trajectories are directed by the development of avionics, demand for the latest cockpit systems and a global understandable drive to the deployment of more environmentally friendly and fuel efficient aircraft.
One of the key factors that encompass the aircraft cockpit display market dynamics is technological innovation. Technological modernization is defined by the introduction of advanced digital displays, such as electronic flight instrument systems (EFIS) and multifunctional displays (MFD). The digital displays of present-day cockpits provide more flexibility, high-quality display, and integrate a wide range of data sources, which in turn helps in more informed decision-making by the flight crews. The use of touchscreen interfaces as well as AR features leads to an improvement in both user-experience and situation awareness within the cockpit.
Aircraft Cockpit Display Worldwide Market has divided into Platform, Display Type, Screen Size, and Region. The categories include Commercial and Military ones. The displays feature Multifunction, Primary Flight, and Engine Indicating & Crew Alerting System (EICAS).
The regulatory requirements have a notable importance when determining market characteristics of aircraft cockpit displays. Aviation authorities, all over the globe, make it obligatory to adopt standards in terms of safety and performance when it comes to cockpit avionics. These rules are the invention of displays with the highest degree of safety and reliability and are a compulsion for their production. Achieving and maintaining with these standards is one of the main factors that influence not only aircraft manufacturers, but also cockpit display system providers which in turn affects the overall market trends.
The driver contributing to the advance of aircraft cockpit display market is increased necessity for improved operational efficacy and less fuel consumption. Being one of the most important advancements in the field of flight, airlines are incorporating the latest technology cockpit display systems into their operations to enhance efficiency, minimize work load and fuel consumption. Upgraded data visualization, immediate weather conditions updates and predictive maintenance functions become an impetus for faster and more precise flight planning and execution. The economics efficiencies with the fuel savings and operations management determine the market dynamics as the airlines focus to have the cockpit display systems that give a positive ROI.
Covered Aspects:
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Aircraft Cockpit Display System Market Highlights:
Market Snapshot
Global Aircraft Cockpit Display Market is expected to register a 3.30% CAGR during the forecast period.
Aircraft cockpit display systems enable advanced graphical interface with avionics and human gestures to improve the human-machine interface. The advancements in technology have conjointly increased the demand for cockpit display systems as they offer an enhanced human-machine interface. This system provides pilots with necessary data, including airstream incidence, aircraft altitude, and airspeed, to increase flight safety and efficiency. These systems reduce the aircraft weight, allow easier interaction with traffic management, enable power savings, and avoid accidents. Moreover, the work pressure on the pilot reduces to a great extent with the combination of advanced display systems and advancing technologies within the cockpit of the aircraft.
The global aircraft cockpit display market is growing rapidly due to the growing need for enhanced safety, situational awareness, and efficiency. Further, increasing focus on automated flight control and demand for lightweight components with advanced functionalities and better accuracy are also supplementing the growth of the market. However, display blackout due to system failure and increased complexity are projected to restrain the market growth over the forecast duration.
The weight of aircraft cockpit displays has reduced drastically in the last few years due to the increasing use of advanced materials. The reduction in the weight of various aircraft components results in improved performance and fuel efficiency and easy maintenance. For instance, the NIPSE project is focused on reducing the size and weight of the engine equipment by 15%, which would also help cut down the amount of time needed for manufacturing an aircraft by 10%. Moreover, lightweight cockpit displays would also reduce the time needed to maintain the aircraft cockpit. Furthermore, along with the reduction of weight, the functionalities of these displays have also improved. Advanced cockpit displays show information received by flight computers that continuously monitor pilot or autopilot inputs, aircraft states, and environmental states and ensure that the aircraft continues to fly safely. Thus, the demand for lightweight components with advanced functionalities and better accuracy is expected to drive the growth of the global aircraft cockpit display system market during the forecast period.
Global Aircraft Cockpit Display Market Growth, 2019–2027
North America accounted for a 37.13% share of the aircraft cockpit display market in 2019, followed by Asia-Pacific. Europe accounted for the third-largest market share in 2019. Asia-Pacific is projected to be the fastest-growing market for aircraft cockpit display during the review period.
Synopsis
Global Aircraft Cockpit Display Market has been segmented based on Platform, Display Type, Display Size, and Region. By platform, the segments of the market are commercial and military. By display type, the market is classified into multifunction, primary flight, and Engine-Indicating & Crew-Alerting System (EICAS). Based on display size, the aircraft cockpit display market is segmented into less than 5 inches, 5 inches to 10 inches, and greater than 10 inches. By region, the aircraft cockpit display market has been divided into North America, Europe, Asia-Pacific, the Middle East & Africa, and Latin America.
Global Aircraft Cockpit Display Market Segmentation
The Commercial Segment is Likely to Register the Highest CAGR During the Forecast Period.
The use of connectivity solutions is increasing for commercial aircraft due to regulations by organizations such as the US FAA and EASA. Connected aircraft provide airlines with several benefits. For instance, they aid in providing enhanced situational awareness that helps the pilot in operating aircraft efficiently. Furthermore, aircraft cockpit displays show information related to aircraft performance, maintenance requirements, and alerts regarding unsafe operations, ensuring enhanced safety. Due to such factors, the demand for aircraft cockpit display systems has increased over the last few years. Therefore, the commercial segment of the aircraft cockpit display system market is projected to witness a CAGR of 3.43% during the forecast period.
Regional Analysis
Aircraft Cockpit Display Market has been segmented, by region, into North America, Europe, Asia-Pacific, the Middle East & Africa, and Latin America.
Global Aircraft Cockpit Display Market Share, By Region, 2019 (%)
North America accounted for the largest market share in 2019. It is expected to be the largest market for aircraft cockpit displays during the forecast period. Asia-Pacific is expected to be the fastest-growing market for aircraft cockpit displays during the review period due to the growing aviation industry in India, China, and Japan. As per Airbus SAS, over 16,000 aircraft are projected to be delivered in Asia-Pacific by 2035. Furthermore, China is set to overtake the US and become the leading air passenger traffic market. Therefore, the aircraft cockpit display market in Asia-Pacific is expected to register a CAGR of 5.21% during the forecast period.
Companies Covered
The Key Players operating in the Global Aircraft Cockpit Display Market are Aspen Avionics Inc. (US), Avidyne Corporation (US), Honeywell International Inc. (US), L-3 Communication Holdings Inc. (US), Northrop Grumman Corporation (US), Dynon Avionics (US), Elbit Systems Ltd. (Israel), Esterline Technologies Corporation (US), Garmin Ltd (US), Collins Aerospace Inc. (US), Thales Group (France), and Universal Avionics Display Type Corporation (US).
Market Segmentation
- By Platform: Military and Commercial
- By Display Type: Primary Flight, Multifunction, and Engine-Indicating & Crew-Alerting System
- By Display Size: Less than 5 Inches, 5 Inches to 10 Inches, and Greater than 5 Inches
- By Region: North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
Key Questions Addressed by the Report
- What was the historic market size (2018)?
- Which segmentation (Platform/Display Type/Display Size) is driving market growth?
- What will be the growth rate from 2019 to 2027?
- Who are the key players in this market?
- What are the strategies adopted by the key players?
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