London, 23 July 2015: Technavio, the independent tech-focused global research firm, has published a report on the HUD market in military aviation in Russia 2015-2019, which is expected to grow at a CAGR of 5.09% during the forecast period of 2014-2019.
The increase in fitment rate of heads-up displays (HUDs) in military aviation is a major factor that drives growth in this market. HUDs allow pilots to see through fog, haze, and deteriorating weather conditions. This helps to improve aircraft safety and also helps in increasing the aircraft’s economic efficiency. Since military aircrafts are more susceptible to accidents, the aircraft manufacturers are implementing safety management systems and innovating new technologies such as HUDs to reduce the risk of accidents. The widespread applicability of HUDs in the civil aviation sector is one of the major reasons that is expected to boost the demand for HUDs in this region.
“HUDs have been widely used as standard equipment in large military aircraft for many years, providing safety and operational benefits to pilots. With the advances in display technologies such as optical waveguides, it has become possible to manufacture compact HUDs that could fit into smaller aircraft,” says Faisal Ghaus, Vice President of Technavio.
“Optical waveguides eliminate the need for projection systems as they directly produce images onto the combiner. For instance, Rockwell Collins has manufactured the industry’s first HGS-3500 HGS, a self-contained single-LRU HUD that could fit in small and medium-sized aircraft.”
Key Market Drivers:
- Rearmament Program 2011-2020.
- Increase in Military Modernization Programs in APAC and Middle East.
- Increase in Fitment Rate of HUDs in Military Aviation.
- Focus on Improvement of Operational Capability of Aircraft.
Key Market Trends:
- Demand for Multipurpose Helicopters.
- Availability of Innovative and Cost-effective HUDs.
- Introduction of Next-generation Micro Display Technologies.
- Integration of HUDs in Small Aircraft.
Key Market Vendors:
- BAE Systems plc
- Elbit Systems Ltd.
- Esterline Technologies Corp.
- Honeywell Aerospace
- Rockwell Collins Inc.
- Saab Group
- Thales Group
To define the market circumstances in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges, and trends featuring data on product segmentations, vendor shares, growth rate by revenue, and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
