Head-up Display Market in Civil Aviation in the US 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 HUD market in the civil aviation sector in the US to grow at a CAGR of 7.11%, 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 HUD market in the civil aviation sector in the US for the period 2015-2019. To calculate the market size, the report considers the unit shipment of HUD to the civil aviation sector.Technavio's report, the HUD Market in Civil Aviation Sector in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. 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 – HUD Market in the Civil Aviation Sector in the US 2015-2019
Technavio recognizes the following companies as the key players in the HUD Market in the Civil Aviation Sector in the US: 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: “US has the highest population of high net worth individuals, which makes it an attractive destination for private business jet manufacturers. Technavio expects the demand for business jets to increase during the forecast period, owing to economic recovery, drop in oil and gas prices, and rise in need for upgraded business jets. In 2014, business jet sales increased compared to 2013. Demand for business jets, as reported by aircraft manufacturers, such as Bombardier, Embraer, and Gulfstream, also rose during the same year. This will open up ample opportunities for HUD manufacturers, HUD being one of the vital components of business jets.”
According to the report, helicopter manufacturers are increasingly establishing strategic collaborations with EMS providers to capitalize on the growth opportunity presented by the sector. EMS operations are inherently dangerous as crew members often fly over densely populated cities and in unpredictable weather conditions, which necessitates the use of HUDs to provide critical information such as its exact height above the terrain.
Further, the report states that absence of global regulatory framework discourage the entry of vendors into the market.
BAE Systems, Elbit Systems, Esterline Technologies, Honeywell Aerospace, Rockwell Collins, Saab Group, Thales Group