The military heads-up display market size has the potential to grow by USD 2.18 billion during 2020-2024, and the market’s growth momentum will accelerate during the forecast period.
This report provides a detailed analysis of the market by geographic landscape (the Americas, EMEA, and APAC) and product (wearable military HUD and platform-based military HUD). Also, the report analyzes the market’s competitive landscape. It offers information on several market vendors, including BAE Systems Plc, Bharat Electronics Ltd., Dassault Systemes SE, Elbit Systems Ltd., Honeywell International Inc., Saab AB, Texas Instruments Inc., Thales Group, TransDigm Group Inc., and United Technologies Corp.
What will be the Military Heads-up Display Market Size in 2020?
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Who are the Major Military Heads-up Display Vendors?
The market is concentrated because of the adoption of inorganic growth strategies such as mergers and acquisitions and other strategic alliances. BAE Systems Plc, Bharat Electronics Ltd., and Dassault Systemes SE are some of the major market participants. Although the integration of night vision in HUDs will offer immense growth opportunities, issues with battery technologies for HUD helmets and goggles will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
To help clients improve their market positions, this military heads-up display market forecast report provides a detailed analysis of the market leaders. It offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and provides information on the products offered by various companies. Moreover, this military heads-up display market analysis report also includes information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
This report provides information on the production, sustainability, and prospects of several leading companies, including:
- BAE Systems Plc
- Bharat Electronics Ltd.
- Dassault Systemes SE
- Elbit Systems Ltd.
- Honeywell International Inc.
- Saab AB
- Texas Instruments Inc.
- Thales Group
- TransDigm Group Inc.
- United Technologies Corp.
Which are the Key Markets for Military Heads-up Display?
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The Americas was the largest military heads-up display market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. The modernization of military platforms with advanced HUDs and the focus of the US Army on the development of tactical augmented reality (TAR) HUD will significantly drive the military heads-up display market growth in this region over the forecast period.
Over 38% of the market’s growth will originate from the Americas during the forecast period. The US is the key market for military heads-up display products in the Americas. Market growth in this region will be slower than the growth of the market in other regions.
What are the Major Product Segments in the Military Heads-up Display Market?
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Defense agencies and contractors are coupling wearable military HUD systems with weapon sights and night vision systems. Such HUD systems are creating new possibilities for dismounted soldiers, which are promoting the growth of the global wearable military HUD market.
The global military heads-up display market share growth by the wearable military HUD will be faster than the growth of the market by the platform-based military HUD segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the military heads-up display market size.
How will Night Vision in HUDs Influence Military Heads-up Display Market Growth?
The integration of night vision in HUDs is one of the major factors driving the market growth. Night vision HUD systems are built into military platforms or a soldier’s wearable gear. These systems use infrared sensors and synchronize the image from the sensors onto the HUD. This provides a monochromatic and illuminated view of the surroundings of the operator. It also reduces the response time of the operators in a dynamic battlefield by eliminating the need to switch between HUD and night vision system to view the infrared imagery. The adoption of night vision HUD systems is increasing because they enhance the mission capabilities of both military platform operators and dismounted soldiers.
The emergence of digital light engine (DLE) technology for HUDs, one of the key military heads-up display market trends, will also drive market growth. DLE solution is highly efficient as it provides a display that remains consistent and does not degrade with time when the display resolution is increased. Also, the DLE solution makes HUD systems lighter and cheaper because of the elimination of cathode ray tube (CRT) displays and power supply. Such factors will drive market growth at a CAGR of almost 11%.
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What are the Key Factors Covered in this Military Heads-up Display Market Report?
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will drive military heads-up display market growth during the next five years
- Precise estimation of the military heads-up display market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the military heads-up display industry across the Americas, EMEA, and APAC
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of military heads-up display market vendors
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