About Multi-Function Display (MFD)
MFD are computer-like devices that are mounted on the instrument panel of an aircraft. They are very similar to primary flight displays (PFD) and are developed around a liquid-crystal display (LCD), or cathode ray tube (CRT) display device. They improve the functionality and accuracy along with enhanced situational awareness and safety of both the pilot and the aircraft.
Technavio’s analysts forecast the global multi-function display (MFD) market to grow at a CAGR of 9.29% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global multi-function display (MFD) market for 2016-2020. To calculate the market size, the report provides a comprehensive overview, market shares and growth opportunities by application (commercial aerospace and military), and growth prospects by region (the Americas, EMEA, and APAC). It also presents the market landscape and.The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Multi-Function Display (MFD) Market 2016-2020
Technavio recognizes the following companies as the key players in the global multi-function display (MFD) market: Avidyne, BAE Systems, Honeywell Aerospace, Rockwell Collins, and Universal Avionics Systems.
Other Prominent Vendors in the market are: Deihl Aerosystems, Esterline, Garmin, L-3 Communications, and Thales.
Commenting on the report, an analyst from Technavio’s team said: “The development of autopilot landing system is a key trend for market growth. The autopilot landing system assists in safe landing of aircraft during turbulent weather conditions and blurry vision. With the use of computer in a landing system, an autopilot can effectively monitor and measure, altitude, airspeed, and distance to ensure safe landing of the aircraft.”
According to the report, improved safety standards will be the key driver for market growth. As aircraft operations become more dependent on glass cockpit systems, flight crew and pilots must be trained to deal with possible failures. In 2008, United Airlines Flight 731 experienced a glass-cockpit blackout, where all communications to radios, transponders, traffic alert and collision avoidance system (TCAS), and attitude indicators were lost, and half of the electronic centralized aircraft monitor (ECAM) displays failed. However, the presence of backup analog displays for critical flight instruments such as the airspeed indicator and altimeter enabled the pilots to land the aircraft successfully at Newark Liberty International Airport, New Jersey without radio contact.
Further, the report states that cost associated with autopilot system will be a major challenge against the market growth. Although there is widespread approval of autopilot systems, the high cost associated with it becomes a major challenge for the commercial and military aircraft. In 2010, the widely approved autopilot system was priced at more than $10,000, excluding installation charges. In 2014, the price had doubled and with the installation of additional features such as autopilot landing and ground collision avoidance systems, the costs were more than $40,000.
Avidyne, BAE Systems, Honeywell Aerospace, Rockwell Collins, Universal Avionics Systems, Deihl Aerosystems, Esterline, Garmin, L-3 Communications, Thales.
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