Outlook of the global commercial aircraft cockpit display system (CDS) market
The global commercial aircraft cockpit display system (CDS) market is envisaged to witness steady growth and will post a moderate CAGR of close to 3% over the forecast period. One of the primary drivers propelling the growth prospects for this market is the growing demand for automation in the aviation industry. Automation enhances flight operational safety and efficiency, which an essential aspect for all commercial airlines. Moreover, it cuts down operating costs results in better profit margins. With the integration of the global positioning system (GPS) in the cockpit display, the pilot workload is significantly reduced owing to better situational awareness and safety. Additionally, with the integration of advanced MFD systems and advanced technologies, such as the autopilot system and flight management system (FMS), in the cockpits of the aircraft, the workload of the pilot reduces to a great extent as it ensures the availability of critical flight information.
In this market research study, the analysts have estimated factors such as the emergence of automatic ground collision avoidance system (Auto-GCAS) to be one of the primary trends spurring the growth prospects for this market in the coming years. The Auto-GCAS enhances aircraft safety by monitoring the aircraft and its distance from the ground in real time. Also, under non-recoverable situations, this automated system aids the pilot in avoiding a crash. With NASA and Boeing considering to integrate the system in commercial airlines, the market for CDS is anticipated to have a positive outlook in the near future.
Product segmentation and analysis of the commercial aircraft CDS market
Multi-functional display (MFD)
Engine-indicating and crew-alerting system (EICAS)
Primary flight display (PFD)
During 2015, the multi-functional display (MFD) segment dominated the market and accounted for more than 85% of the market share in terms of revenue. MFDs are computer-like devices mounted on the instrument panel of an aircraft and provide pitch, yaw, roll, and attitude information to the pilot. Globally, an increase in the number of passenger aircraft will result in the augmented need for enhanced MFD systems in the next four years.
Geographical segmentation and analysis of the commercial aircraft CDS market
The Americas led the global commercial aircraft CDS market and is expected to reach close to USD 984 million by 2020. The US aviation market witnessed several mergers of the major commercial airlines, such as Delta with Northwest, American Airlines with US Airways, United with Continental, and Southwest with AirTran, which have made the country’s aviation industry the most profitable in the global commercial aviation market space. With an increasing number of mergers and acquisitions likely to take place in the coming years, the commercial aircraft CDS market is anticipated to have a positive outlook in the region.
Competitive landscape and key vendors
The global commercial aircraft CDS market is highly competitive with vendors competing in terms of product quality, reliability, cost, and aftermarket service. The emergence of advanced avionics display systems and growing numbers of mergers and acquisitions will contribute to the growth of this market during the forecast period.
The leading vendors in the market are -
Other prominent vendors identified in the market are Avidyne, BAE Systems, Garmin, Rockwell Collins, and Universal Avionics Systems.
Key questions answered in the report include
What will the market size and the growth rate be in 2020?
What are the key factors driving the global commercial aircraft CDS market?
What are the key market trends impacting the growth of the global commercial aircraft CDS market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the vendors in the global commercial aircraft CDS market?
What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
What are the key outcomes of the five forces analysis of the global commercial aircraft CDS market?
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Cockpit display systems are highly effective for airline companies as it helps to enhance the capabilities of their aircraft. These systems reduce the aircraft weight and information-management workload, enable power savings, allow easier interaction with air traffic control (ATC), help to avoid accidents, and result in the faster training of new pilots. Additionally, it also enhances the situational awareness and safety of both the pilot and the aircraft.