TechNavio recognizes the following companies as the key players in Global Heads-up Displays Market: BAE Systems plc, Honeywell International Inc., Rockwell Collins Inc. and Thales Group.
Commenting on the report, an analyst from TechNavio’s team said: “One of the major trends being witnessed in the market is the increasing military spending on electronics. Military aviation operations involve the deployment of airplanes and helicopters in combat and non-combat roles in various theaters. Military aircraft are broadly categorized as combat or non-combat aircraft. Combat aircraft consist of fighters and bombers, whereas non-combat aircraft such as cargo planes provide logistics support to forces stationed in a region of conflict or along a frontline. Other types of non-combat aircraft are used for operations such as search and rescue, reconnaissance, troop transport, training, and aerial refueling of other aircraft. Various countries around the world are investing heavily in military-based applications, which is expected to be beneficial for the growth of the Global Heads-up Display market during the forecast period.”
According to the report, one of the major drivers in this market is the increasing focus on improving safety and convenience in aircraft. HUDs enhance the safety and convenience of an aircraft by integrating with the aircraft’s on-board systems and displaying the information to the pilot on the windshield. This enables the pilot to view the information without having to take their eyes off the flight path.
Further, the report states that one of the key challenges in this market is the saturation in the demand for HUDs from the Aviation sector, which consists of the Military and Defense industry and the Civil Aviation industry. The penetration of HUDs is reaching saturation point in the Military and Defense industry and at the same time adoption is low in the Civil Aviation industry, which is resulting in a declining growth rate, which in turn is adversely affecting the profitability of the vendors operating in the market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-heads-up-displays-market-2014-2018
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/it-hardware-software-services
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TechNavio Announces the Publication of its Research Report – Global Heads-up Displays Market 2014-2018
