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Global 2D Display for Defense and Aerospace Market – Industry Trends and Forecast to 2031

Semiconductors and Electronics

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Global 2D Display for Defense and Aerospace Market – Industry Trends and Forecast to 2031

  • Semiconductors and Electronics
  • Upcoming Report
  • Mar 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global 2D Display for Defense and Aerospace Market – Industry Trends and Forecast to 2031

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2023–2031
Diagram Market Size (Base Year) USD 3375996.00 Thousand
Diagram Market Size (Forecast Year) USD 4976532.11 Thousand
Diagram CAGR %

Global 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 2031.

2D Display for Defense and Aerospace Market

2D Display for Defense and Aerospace Market Analysis and Size

The market caters to the specialized needs of both the military and commercial aerospace sectors. Displays used for this market must follow strict standards of reliability, performance, and durability while meeting regulatory requirements. Rising demands for advanced display solutions alongside the expansion of the aerospace and defense industry is fueling market growth. The increasing necessity for enhanced situational awareness and communication capabilities within military and commercial aviation, and the introduction of innovative technologies such as high-resolution displays, touch screens, and augmented reality displays is supposed to further stimulate the market growth.

Data Bridge Market Research analyzes that the global 2D display for defense and aerospace market valued at USD 3,375,996 thousand in 2023, will reach USD 4,976,532.11 thousand by 2031, growing at a 5.7% CAGR during the forecast period of 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Report Scope and Market Segmentation      

Report Metric

Details

Forecast Period

2024 to 2031

Base Year

2023

Historic Years

2022 (Customizable to 2016-2021)

Quantitative Units

Revenue in USD Billion, Volumes in Units, 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

U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina, and Rest of South America

Market Players Covered

Korry (U.S.), Astronautics Corporation of America (U.S.), Crunchbase Inc. (U.S), Rosen Aviation (U.S.), ScioTeq (Belgium), Excelitas Technologies Corp. (U.S.), DIEHL STIFTUNG & CO. KG (Germany), Nighthawk Flight Systems, Inc. (U.S.), Aspen Avionics, Inc. (Italy), US Micro Products (U.S.), Meggitt PLC. (U.K.), Honeywell International Inc. (U.S.), Barco (Belgium), BAE Systems (U.K.), Thales (France), Garmin Ltd. or its subsidiaries. (U.S.), Winmate Inc. (Taiwan), Collins Aerospace (U.S.), D&T Inc (U.S.), and Elbit Systems Ltd. (Israel)

Market Opportunities

  • Increase in demand for simulation and training systems

Market Definition

2D displays in the aerospace and defense sector are highly reliable and durable, capable of withstanding harsh environmental conditions such as extreme temperatures and vibrations. They are designed for optimal readability in bright sunlight and offer high resolution for displaying detailed information. These displays are also energy-efficient, compact, and lightweight, making them suitable for integration into space-constrained cockpit and vehicle environments.

Global 2D Display for Defense and Aerospace Market Dynamics

Drivers

  • Growth in the Military Modernization Programs

Military modernization entails enhancing a country military capabilities and equipment to effectively address present and future security threats. This process includes acquiring new weaponry, technologies, and infrastructure, as well as refining strategies and doctrines. 2D displays offer high-resolution images and real-time data, providing military personnel with improved situational awareness. This enables better decision-making and operational effectiveness. These displays are used in simulation and training systems to replicate real-world scenarios. This allows military personnel to train in a safe environment, honing their skills and preparing them for complex missions. This is a major driving factor for the growth of the market.

  • Growth in the Demand for Advanced Display Technologies

Government defense agencies worldwide and the aerospace industry increasingly rely on sophisticated displays to deliver high-resolution imagery, real-time data, and improved situational awareness to pilots and soldiers. This rising need is driving the demand for 2D displays capable of fulfilling these critical requirements.

Top of Form

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 are 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, which is expected to create opportunities for the market growth.

Restraints/Challenges

  • Stringent Government Regulations

Tight government regulations are anticipated to impede the worldwide 2D display market for defense and aerospace by posing challenges in the acquisition and utilization of specific 2D display technologies. These regulations are implemented to guarantee that the technologies employed in the defense and aerospace sectors adhere to specific safety and security standards.

Top of Form

  • High Technological Obsolescence

Technological obsolescence arises when advancements render a technology, product, or service outdated, making it irrelevant and unusable despite past popularity and demand. In the market, this occurs when 2D display technology in defense and aerospace becomes outdated, replaced by more advanced options, leading to reduced demand for the older technology. This poses a challenge in industries where technology must continually evolve to meet evolving military needs. In the realm of 2D displays for defense and aerospace, technological obsolescence can impede market growth in various aspects.

This 2D display for defense and aerospace market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the 2D display for defense and aerospace market, contact data bridge market research for an analyst brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

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 the global 2D display for the 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 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 the market

Global 2D Display for Defense and Aerospace Market Scope

The 2D display for defense and aerospace market is segmented on the basis of display technology, type, resolution, panel size, display type, sales channel, and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Display Technology

  • Liquid Crystal Displays (LCD)
  • Light Emitting Diode (LED)
  • Organic LED (OLED)
  • Micro-LED
  • Others

Type

  • Touch
  • Non-Touch

Resolution

  • Full HD
  • HD
  • 4K
  • Others

Panel Size

  • 5 Inches to 10 Inches
  • Greater Than 10 Inches
  • Less Than 5 Inches

Display Type

  • Conventional Display
  • Smart Display

Sales Channel

  • OEMS
  • Retailer

Application

  • Aerospace
  • Defense

Global 2D Display for Defense and Aerospace Market Regional Analysis/Insights

The 2D display for defense and aerospace market is analysed and market size insights and trends are provided by country, display technology, type, resolution, panel size, display type, sales channel, and application as referenced above.

The countries covered in the market report are U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina and Rest of South America.

North America is expected to dominate the market due to significant demand for 2D displays in defense and aerospace applications such as cockpit, mission, navigation, and ground control displays.

Asia-Pacific is expected to be the fastest growing region in the market due to the region’s thriving consumer electronics industry with countries like China, South Korea, and Japan playing roles in manufacturing a range of devices equipped with 2D displays, including smartphones, tablets, televisions and laptops.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Global 2D Display for Defense and Aerospace Market Share Analysis

The 2D display for defense and aerospace market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to 2D display for defense and aerospace market.

Some of the major players operating in the 2D display for defense and aerospace market are:

  • Korry (U.S.)
  • Astronautics Corporation of America (U.S.)
  • Crunchbase Inc. (U.S)
  • Rosen Aviation (U.S.)
  • ScioTeq (Belgium)
  • Excelitas Technologies Corp. (U.S.)
  • DIEHL STIFTUNG & CO. KG (Germany)
  • Nighthawk Flight Systems, Inc (U.S.)
  • Aspen Avionics, Inc. (Italy)
  • US Micro Products (U.S.)
  • Meggitt PLC. (U.K.)
  • Honeywell International Inc. (U.S.)
  • Barco (Belgium)
  • BAE Systems (U.K.)
  • Thales (France)
  • Garmin Ltd. or its subsidiaries. (U.S.)
  • Winmate Inc (Taiwan)
  • Collins Aerospace (U.S.)
  • D&T Inc (U.S.)
  • Elbit Systems Ltd. (Israel)


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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

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FREQUENTLY ASK QUESTIONS

The 2D display for defense and aerospace market size will be worth USD 4,976,532.11 thousand by 2031.
The growth rate of the 2D display for defense and aerospace market is 5.7%.
Growth in the military modernization programs & growth in the demand for advanced display technologies are the growth drivers of the 2D display for defense and aerospace market.
Display technology, type, resolution, panel size, display type, sales channel, and application are the factors on which the 2D display for defense and aerospace market research is based.
Major companies in the 2D display for defense and aerospace market are Korry (U.S.), Astronautics Corporation of America (U.S.), Crunchbase Inc. (U.S), Rosen Aviation (U.S.), ScioTeq (Belgium), Excelitas Technologies Corp. (U.S.), DIEHL STIFTUNG & CO. KG (Germany), Nighthawk Flight Systems, Inc. (U.S.), Aspen Avionics, Inc. (Italy), US Micro Products (U.S.), Meggitt PLC. (U.K.), Honeywell International Inc. (U.S.), Barco (Belgium), BAE Systems (U.K.), Thales (France), Garmin Ltd. or its subsidiaries. (U.S.), Winmate Inc. (Taiwan), Collins Aerospace (U.S.), D&T Inc (U.S.), and Elbit Systems Ltd. (Israel).
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