Global Digital Glass Military Aircraft Cockpit Systems Market 2015-2019
- Published: Oct 2015
- Pages: 92
- SKU: IRTNTR7262
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What is the key utility of digital glass military aircraft systems?
Integrated glass cockpits are designed to maximize the situational awareness of the cockpit crew. These systems come with advanced digital display systems, enhanced functionalities, and additional safety features that provide information such as traffic, terrain, and weather. As per the research report, the global digital glass military aircraft cockpit systems market is expected to reach revenues in excess of $1.70 billion by 2019.
These aircrafts include advanced features like FMS, GPS, autopilot, and a suite of communications, navigation and surveillance equipment. Aircraft operations are going to become increasingly complex in the years to come, and increased prevalence of glass cockpit systems is likely to gain significant traction over the next four years.
Market segmentation of the global digital glass military aircraft cockpit systems market by system
- Multi-function flight display systems
- Primary flight display systems
In 2014, primary flight display systems accounted for more than 13% of the global digital glass military aircraft cockpit systems market. It has gained prominence in providing the pilots with altitude, airspeed, vertical speed, and navigation displays along with automatic flight control systems (AFCS), and air pressure and barometric readings.
Geographical segmentation of the global digital glass military aircraft cockpit market
In 2014, a close to 51,600 military aircrafts were operating worldwide. Plus, the global military expenditure was close to $1.8 trillion during the same period, and the US comprised 34% of the world's military spending, followed by countries like China, Russia, and Saudi Arabia.
Vendor landscape of the global digital glass military aircraft cockpit market
- Astronautics Corporation of America
- Elbit Systems
- Esterline Technologies
- Finmeccanica Group
Other prominent vendors in the market include Garmin, Honeywell, L-3 Communications, Rockwell Collins, and Thales.
Technavio market analysts predict strategic changes in the aerospace industry are likely to bear a significant impact on aerospace market suppliers. These changes are increasing the industry OEM’s dependence on tier 1 suppliers. Big players such as Boeing and Airbus are expected to focus more on integration and less on internal production capabilities. These vendors are working towards a business model that involves fewer tier 1 suppliers and decreasing direct interactions with Tier 2 and Tier 3 suppliers.
Key questions answered in the report
- What are the key factors driving the digital glass military aircraft cockpit market?
- What are the key market trends impacting the growth of the digital glass military aircraft cockpit market?
- What are the various opportunities and threats faced by the vendors in the digital glass military aircraft cockpit market?
- Trending factors influencing the market shares for EMEA, APAC, and Americas?
- Key outcome of the five forces analysis on the digital glass military aircraft cockpit market?
- Growth forecast of the digital glass military aircraft cockpit market until 2019?
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Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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