Global Heads-up Display Market in Military Aviation 2015-2019
An HUD is a display indicator that displays the key flight information onto a transparent screen positioned in front of a pilot's line of sight. HUD finds its applications in the automotive and aviation sectors. It helps increase the situational awareness and enhances safety margins in these sectors. The following are the primary components of an HUD: combiner, projector unit, display panel, and video generator.
Technavio's analysts forecast the global HUD market in military aviation to grow at a CAGR of 3.79%, in terms of unit shipment, over the period 2014-2019.
Covered in this Report
The report covers the present scenario and the growth prospects of the global HUD market in military aviation for the period 2015-2019. To calculate the market size, the report considers the unit shipment of HUD to the military aviation sector.
Technavio's report, Global HUD Market in Military Aviation 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – Global Heads-up Display (HUD) Market in Military Aviation 2015-2019
Technavio recognizes the following companies as the key players in the Global Heads-up Display Market in Military Aviation: BAE Systems, Elbit Systems, Esterline Technologies, Honeywell Aerospace, Rockwell Collins, Saab Group and Thales Group
Commenting on the report, an analyst from Technavio’s team said: “As the penetration rate of HUD in military aviation is high, manufacturers are developing ways to differentiate their products from their competitors. For instance, in 2011, Saab and Samtel Display System developed the RIGS head-up display in India, which is lightweight, cost-effective, and can be easily installed in helicopters. In 2012, Esterline Technologies introduced digital HUDs for combat and ISR aircraft, which deploy solid-state display with a 28-degree field of view. BAE Systems showcased its digital light engine head-up display at the 2013 Seoul ADEX, which is specifically designed for helicopters involved in mission critical operations. In 2014, they introduced LiteHUD, which is 85% smaller than existing HUDs and uses waveguide optical technology. In the same year, Elbit Systems launched SKYLENS, a wearable HUD for commercial and military aviation.”
According to the report, the defense budgets of various countries in APAC such as China and India, and the Middle East, are expected to rise because of an increase in military modernization programs, and the growing tension across borders and with other countries. For the period 2014-2015, India and China have announced their defense budgets of $38.35 billion and $132 billion, respectively. Both countries are planning to increase their defense forces. For instance, India is adopting military modernization programs to upgrade and repair its Cold War-era equipment and vehicles. India is also planning to invest $20 billion to buy approximately 130 Dassault Rafale fighter jets and new helicopters to strengthen the country's air force. This will increase the fitment rate of HUDs in new aircraft, thus driving the growth of the market.Further, the report states that Technavio expects reduction in defense spending to adversely affect the unit shipment of military aircraft and helicopters during the forecast period.
BAE Systems, Elbit Systems, Esterline Technologies, Honeywell Aerospace, Rockwell Collins, Saab Group, Thales Group
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