This industry research report presents a detailed segmentation of the global commercial aircraft cockpit display system (CDS) market by product (MFD, EICAS, and PFD) and by geography (the Americas, APAC, and EMEA). Leading vendors in the market are Diehl Aerosystems, Esterline, Honeywell, L-3 Communications, and Thales Group.
Technavio’s market research analysts estimate the global commercial aircraft CDS market to grow at a CAGR of around 3% between 2016 and 2020. The growing demand for automation so as to enhance the flight operational safety and efficiency is the primary driver for this market. At present, the Americas dominate the global commercial aircraft cockpit display system (CDS) market by accounting for almost 38% of the overall market share. The mergers of the large commercial airlines in the US such as Delta with Northwest, American Airlines with US Airways, United with Continental, and Southwest with AirTran are expected to have a positive impact on the market growth during the forecast period.
The new market research report from Technavio presents a breakdown and analysis of the commercial aircraft CDS segments by product.
“The emergence of the auto-pilot system has had a direct and positive impact on the global commercial aircraft CDS market. By making use of a computer in a landing system, auto pilot enables safe landing, enhances weather and visibility resistance and increases the fuel efficiency. The upsurge in the sales and delivery of aircrafts is expected to boost the sales of auto piloting systems and in turn, the market,” says Abhay Singh, Lead Analyst, Aerospace & Defense, Technavio Research.
The multi-functional display segment accounted for the majority of the market share with a share of over 85% in 2015. The need for enhanced MFD systems are increasing with the growing number of passenger aircrafts so as to provide mapping and weather information, altitude, pitch, yaw, roll, and attitude information, and improved ground proximity warning systems. For instance, Honeywell Aerospace developed the low-cost enhanced ground proximity warning system (EGPWS), which provides the pilot with a map of nearby terrain with different color codes according to terrain’s elevation.
The key vendors in the market include Diehl Aerosystems, Esterline, Honeywell, L-3 Communications, and Thales Group. The global commercial aircraft CDS market is highly competitive with vendors competing in terms of product quality, reliability, cost, and aftermarket service. The emergence of advanced avionics display systems and growing numbers of mergers and acquisitions will contribute to the growth of this market during the forecast period.
A more detailed analysis is available on the Technavio report, Global Commercial Aircraft CDS Market 2016-2020.
We can customize reports by other regions and specific segments upon request.
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