Military Aircraft Digital Glass Cockpit Systems Market To Accrue Exponentially At A ~3% of A CAGR

Military Aircraft Digital Glass Cockpit Market – Overview

Digital glass cockpit systems have become an effective means for defense authorities to enhance the capabilities of their aircraft. The digital glass cockpit system reduces the aircraft weight and information management workload, enables power saving and allow easier interaction with the air traffic control (ATC), avoids accidents, and result in faster training for new pilots. Also, it improves functionality and accuracy with enhanced safety and situational awareness for both the pilot and aircraft. In addition, the concept of advanced touchscreen display technologies is gaining popularity in military aircraft market, currently.

The digital glass cockpit display systems comprise multi-function displays (MFDs), engine indications and crew alerting system (EICAS), and primary flight displays (PFDs) that enable replacement of clusters of mechanical flight instrument gauges with the graphical representations of information from on-board/external sensors and navigation systems.
Modern digital glass cockpit systems use liquid crystal display (LCD) screens to display critical flight information, replacing the older, obsolete, and bulkier cathode ray tube (CRT) monitors. They are known by a variety of acronyms, such as electronic flight information systems (EFIS) and cockpit display system (CDS).

Major Key Players
The market players leading the global Military Aircraft Digital Glass Cockpit Systems market primarily include Barco Inc., Astronautics Corporation of America, Elbit Systems, Finmeccanica Group, Esterline Technologies Corp, Garmin Ltd, Honeywell Aerospace, Rockwell Collins, L-3 Communications Holdings and Thales. Profiling them in its analysis, MRFR finds out their business strategies that are placing them at the front in the market.

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In 2010, 5,516 glass cockpit and 2,848 conventionally equipped US general aviation aircraft experienced 266 accidents, where the glass cockpit aircraft experienced a lower accident rate compared to conventional aircraft. Based on this observation, US NTSB made recommendations to the FAA on glass cockpits, in the same year.

In addition, the glass cockpits have been certified by FAA at low cost, and the organization encourages the development and installation of the glass cockpits in aircraft, to enhance safety. As a result, the vendors invest in creating digital glass cockpits that are installed in a variety of aircraft without unnecessary certifications bearing high costs.
The global military aircraft digital glass cockpit systems market is expected to grow at approximately 4% CAGR, during the forecast period.

Regional Analysis

Europe is one of the major markets for military aircraft digital glass cockpit systems. Countries such as Russia, France, Germany, Poland, Portugal, Spain, and the UK are a few of the major countries with a large fleet of military aircraft in operation. Many of these aircraft are in operation since decades. The European Union (EU) member countries and Russia have allocated billions of dollars for major military modernization programs. As a result, the military aircraft fleet have also been upgraded with modern and digital glass cockpit systems.
Similarly, in Asia, the emerging nations such as China and India are driving the market with their increasing defense budgets to strengthen national security. China, in particular, has the largest military power in the region, followed by India. China has undergone significant military modernization and restructuring to deal with potential threats and enhance its defense capabilities. The country's military spending increased by 175% between 2003 and 2012, the largest increase for the period among the top 15 countries, worldwide.

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Intended Audience
• Distributer & Supplier companies
• End Users
• Consultants and Investment bankers
• Government as well as Independent Regulatory Authorities

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