Europe 2D Display for Defense and Aerospace Market, By Display Technology (Liquid Crystal Displays (LCD), Light Emitting Diode (LED), Organic LED (OLED), Micro-LED, and Others), Type (Touch and Non-Touch), Resolution (Full HD, HD, 4K, and Others), Panel Size (5 Inches to 10 Inches, Greater Than 10 Inches, and Less Than 5 Inches), Display Type (Conventional Display and Smart Display), Sales Channel (OEMS and Retailer), Application (Aerospace and Defense)- Industry Trends and Forecast to 2030.
Europe 2D Display for Defense and Aerospace Market Analysis and Size
The 2D display market for aerospace and defense is a specialized market that provides displays for military and commercial aerospace applications. Displays used in this market must meet stringent requirements for reliability, performance, and durability and comply with various regulatory standards. The market for 2D displays for aerospace and defense is expected to experience steady growth in the coming years, driven by increasing demand for advanced display technologies, the growth of the aerospace and defense industry, and the need for improved situational awareness and communication capabilities in military and commercial aviation. The emergence of new technologies, such as high-resolution displays, touch screens, and augmented reality displays, is also expected to drive growth in this market.
Data Bridge Market Research analyses that the Europe 2D display for defense and aerospace market is expected to reach a value of USD 1,470,493.08 thousand by 2030, at a CAGR of 5.9% during the forecast period. Europe 2D display for defense and aerospace market report also comprehensively covers pricing analysis, patent analysis, and technological advancements.
|
Report Metric |
Details |
|
Forecast Period |
2023 to 2030 |
|
Base Year |
2022 |
|
Historic Years |
2021 (Customisable to 2015-2020) |
|
Quantitative Units |
Revenue in USD Thousand, Pricing in USD |
|
Segments Covered |
By Display Technology (Liquid Crystal Displays (LCD), Light Emitting Diode (LED), Organic LED (OLED), Micro-LED, and Others), Type (Touch and Non-Touch), Resolution (Full HD, HD, 4K, and Others), Panel Size (5 Inches to 10 Inches, Greater Than 10 Inches, and Less Than 5 Inches), Display Type (Conventional Display and Smart Display), Sales Channel (OEMS and Retailer), Application (Aerospace and Defense) |
|
Countries Covered |
France, U.K., Germany, Spain, Italy, Sweden, Switzerland, Netherlands, Belgium, Russia, Denmark, Turkey, Poland, Norway, Finland, and Rest of Europe |
|
Market Players Covered |
Astronautics Corporation of America, FDS Avionics Corp., ScioTeq, Excelitas Technologies Corp., DIEHL STIFTUNG & CO. KG, US Micro Products, AvMap s.r.l., Meggitt PLC, Honeywell International Inc., Barco, BAE Systems, Thales, Garmin Ltd., WINMATE INC, Collins Aerospace, D&T Inc, and Elbit Systems Ltd., among others
|
Market Definition
A display device is an output device for presenting information in visual or tactile form. When the input information that is supplied has an electrical signal, the display is called an electronic display. A 2D-head-mounted display (HMD) is a display device worn on the head or as part of a helmet that has a small display optic in front of one (monocular HMD) or each eye (binocular HMD). An HMD has many uses, including gaming, aviation, engineering, and medicine. Virtual reality headsets are HMDs combined with IMUs. There is also an optical head-mounted display (OHMD), a wearable display that can reflect projected images and allow a user to see through it.
Europe 2D Display for Defense and Aerospace Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints, and challenges. All of this is discussed in detail below:
DRIVERS
- GROWTH IN THE MILITARY MODERNIZATION PROGRAMS ACROSS THE GLOBE
Military modernization is updating and improving a nation's military capabilities and equipment to meet current, and future security challenges better. It involves acquiring new weapons systems, technologies, and infrastructure, as well as the development of new strategies and doctrines. Military modernization is important for a nation as it helps maintain a credible deterrence capability against potential adversaries, enhances military readiness and effectiveness, and ensures the military can perform its assigned roles and missions. As nations across the globe are increasing their respective defense budgets, the number of military modernization programs is also increasing.
- GROWTH IN THE DEMAND FOR ADVANCED DISPLAY TECHNOLOGIES
The defense of government across the globe and the aerospace industry requires advanced displays that can provide high-resolution images, real-time information, and enhanced situational awareness to pilots and soldiers. As such, there is a growing demand for 2D displays that can meet these requirements.
OPPORTUNITY
- INCREASE IN DEMAND FOR SIMULATION AND TRAINING SYSTEMS
Simulation and training systems in the defense and aerospace industry are tools and technologies used to simulate real-world scenarios and train military personnel and pilots. These systems can simulate various scenarios, from routine operations to complex battlefield scenarios, and allow military personnel to train and hone their skills in a safe, controlled environment. The importance of simulation and training systems in the defense and aerospace industry cannot be overstated. These systems help to ensure that military personnel is well-trained and prepared for any situation they may encounter. In addition, they help reduce the risk of accidents or mishaps during training exercises or missions.
RESTRAINTS/CHALLENGES
- STRINGENT GOVERNMENT REGULATIONS
Stringent government regulations are expected to restrain the Europe 2d display for the defense and aerospace market by creating obstacles in the procurement and use of certain 2d display technologies. These regulations are put in place to ensure that the technologies being used in the defense and aerospace industry meet certain safety and security standards
- HIGH TECHNOLOGICAL OBSOLESCENCE IN DEFENCE AND AEROSPACE SECTOR
Technological obsolescence refers to being outdated due to technological advancements. This means that technology, product, or service that was once popular and in high demand may become irrelevant and unusable as newer and more advanced technologies are developed and widely available. In the market context, technological obsolescence can occur when the 2d display technology used in defense and aerospace becomes outdated and is replaced by newer and more advanced technologies, leading to a decline in demand for the older technology. This is a challenge in the defense and aerospace industry, where the technology needs to be constantly updated and improved to keep up with the changing needs and requirements of the military. In the case of 2D displays for defense and aerospace, technological obsolescence can limit the market's growth in several ways.
Post-COVID-19 Impact on Europe 2D Display for Defense and Aerospace Market
The COVID-19 pandemic has significantly impacted the aerospace and defense industry, including the market for 2D displays. The pandemic has led to a decline in air travel and a reduction in defense spending, which has impacted demand for 2D displays used in aircraft and defense applications. One of the major impacts of the pandemic has been disruptions in the Europe supply chain, which have led to shortages of raw materials and components used in the manufacturing of 2D displays. This has caused delays in the production and delivery of displays, which has impacted the ability of aerospace and defense companies to complete their projects on time. The pandemic has also resulted in a decline in demand for commercial aircraft, which has affected the demand for 2D displays used in cockpit displays and other applications. Additionally, the reduction in defense spending has led to a slowdown in military procurement, which has impacted the demand for displays used in military applications.
Recent Developments
- In March 2022, Nighthawk Flight Systems, Inc. announced that the company had earned AS9100/ISO9001 certificate. This certification has allowed the company to design and manufacture compact integrated display systems. Which is used for general aviation, business aviation, military, air transport, and regional aircraft under Europe 2D display for defense and aerospace market
- In August 2020, Aspen Avionics, Inc. announced that the company has agreed with the AIRO group of aerospace companies. This step has expanded the company's investments and resources and increased its technologies in not only avionics for general aviation but also to offer avionics products for manned and unmanned flight platforms for commercial, military, robotics, and multi-modal aircraft under Europe 2D display for defense and aerospace market
Europe 2D Display for Defense and Aerospace Market Scope
Europe 2D display for defense and aerospace market is segmented based on display technology, type, resolution, panel size, display type, sales channel, and application. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and insights to help them make strategic decisions for identifying core market applications.
By Display Technology
- Liquid Crystal Displays (LCD)
- Light Emitting Diode (LED)
- Organic LED (OLED)
- Micro-LED
- Others
On the basis of display technology, the Europe 2D display for defense and aerospace market is segmented into liquid crystal displays (LCD), light emitting diode (LED), organic LED (OLED), micro-LED, and others.
By Type
- Touch
- Non-Touch
On the basis of type, the Europe 2D display for defense and aerospace market is segmented into touch and non-touch.
By Resolution
- Full HD
- HD
- 4K
- Others
On the basis of resolution, the Europe 2D display for defense and aerospace market is segmented into Full HD, HD, 4K, and others.
By Panel Size
- 5 Inches to 10 Inches
- Greater Than 10 Inches
- Less Than 5 Inches
On the basis of panel size, the Europe 2D display for defense and aerospace market is segmented into 5 inches to 10 inches, greater than 10 inches, and less than 5 inches.
By Display Type
- Conventional Display
- Smart Display
On the basis of display type, the Europe 2D display for defense and aerospace market is segmented into conventional display and smart display.
By Sales Channel
- OEMS
- Retailer
On the basis of sales channel, the Europe 2D display for defense and aerospace market is segmented into OEMS and retailer.
By Application
- Aerospace
- Defense
On the basis of application, the Europe 2D display for defense and aerospace market is segmented into aerospace and defense
Europe 2D Display for Defense and Aerospace Market Regional Analysis/Insights
Europe 2D display for defense and aerospace market is analyzed. As referenced above, market size insights and trends are provided by region, display technology, type, resolution, panel size, display type, sales channel, and application.
The countries covered in the Europe 2D display for defense and aerospace market report are France, U.K., Germany, Spain, Italy, Sweden, Switzerland, Netherlands, Belgium, Russia, Denmark, Turkey, Poland, Norway, Finland, and the rest of Europe.
France dominates in the Europe region due to the presence of major aerospace industries in the country and as the country invests a significant amount of its budget on defense equipment.
The region section of the report also provides individual market-impacting factors and market regulation changes that impact the market's current and future trends. Data points like downstream and upstream value chain analysis, technical trends, porter's five forces analysis, and case studies are some pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Europe brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the region data.
Competitive Landscape and Europe 2D Display for Defense and Aerospace Market Share Analysis
Europe 2D display for defense and aerospace market competitive landscape provides details by the competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Europe presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points are only related to the companies' focus on Europe 2D display for the defense and aerospace market.
Some of the major players operating in the Europe 2D display for defense and aerospace market are Astronautics Corporation of America, FDS Avionics Corp., ScioTeq, Excelitas Technologies Corp., DIEHL STIFTUNG & CO. KG, US Micro Products, AvMap s.r.l., Meggitt PLC, Honeywell International Inc., Barco, BAE Systems, Thales, Garmin Ltd., WINMATE INC, Collins Aerospace, D&T Inc, and Elbit Systems Ltd., among others.
SKU-
