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Digital Glass Cockpit Systems Market 2018-2023 in Military Aircraft Industry: Worldwide Overview By Elbit, Esterline Tech, Garmin, Honeywell, Leonardo, L3, Rockwell Collins, Astronautics, Barco and Thales

09-19-2018 08:34 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Military Aircraft Digital Glass Cockpit Systems

Military Aircraft Digital Glass Cockpit Systems

Military Aircraft Digital Glass Cockpit Systems Market Research Report 2018 published By Market Research Future, provides information on Global Military Aircraft Digital Glass Cockpit Systems Industry Size, Share, Trends, Growth and Opportunity Assessment, Regional Analysis and Segmentation By System (Multi-Functional Flight Display, Primary Flight Display, and EICAS Display), by Aircraft Type (Fighter Jet, Military Transport Aircraft, Helicopter, and Special Mission) and by Region - Global Forecast to 2023.

Key Findings

• In 2021, APAC is expected to lead the market with a share of around 43%
• APAC has the fastest projected growth, with its market likely to grow at a CAGR of around 4%, during the forecast period 2018-2023.

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Market Synopsis of Military Aircraft Digital Glass Cockpit Systems Market

The global Military Aircraft Digital Glass Cockpit Systems market is expected to grow at a CAGR of around 3% during 2016-2021. The market is driven due to growing demand for system automation and increased procurement of next generation military aircraft.

As per the MRFR analysis, in 2015, Americas lead the market. It is estimated that APAC will outpace other regions in the forecast period in terms of sales and growth rate. This growth is attributed to growing defense spending and procurement of military aircraft with best in class technology.

Key Players

The leading market players in the global Military Aircraft Digital Glass Cockpit Systems market primarily include Astronautics Corporation of America, Barco Inc, Elbit Systems, Esterline Technologies Corp, and Finmeccanica Group. The other prominent vendors include Garmin Ltd, Honeywell Aerospace, L-3 Communications Holdings, Rockwell Collins and Thales.

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

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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Scope Of Report

The market report for Military Aircraft Digital Glass Cockpit Systems of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

1 Executive Summary

2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model

3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat of New Entrants
3.1.2 Bargaining Power of Buyers
3.1.3 Threat of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power of Buyers
3.2 Value Chain/supply Chain Analysis

Continued.............

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About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Edibles.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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