Press release
Military Aircraft Digital Glass Cockpit Global Market To Perceive A Momentous Growth By 2021 | Competitive Landscape By Elbit, Esterline, Garmin, Honeywell, Leonardo, L3, Rockwell Collins, Astronautics and Thales
Global Military Aircraft Digital Glass Cockpit Systems Market Information 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.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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Military Aircraft Digital Glass Cockpit Market – Overview
Technology evolving throughout has transformed things & humans alike. Glass Cockpits of Military Aircrafts not being an exception have gone digitalized for good – all thanks to the technology. These newly digitalized Glass Cockpits improve a Pilot’s performance facilitating access to the statistical detailing with accuracy. These cockpits introducing FMS (Flight Management Systems) to the pilots are helping them to monitor & control the aircraft in a better fashion.
These digitalised glass cockpit systems display the data more clearly and accurately making the whole process faster & efficient. This further leaving the Pilots more relaxed help them to perform more efficiently without missing a critical attacking device while scanning. Military is a vital aspect defining strength of a nation, hence governments strive for efficient systems to improve their military operations. Obviously, digitalized glass cockpits that improve military operations will be more than welcome and adopted widely. Consecutively, allowing its market to perceive galore accruals on the global platform.
Gauging the potential of the market to grow furthering the extensive prominence, Market Research Future (MRFR) has recently published a study report. MRFR in its study report asserts that the global Military Aircraft Digital Glass Cockpit Systems market accruing exponentially will register a CAGR of ~ 3% during 2016-2021. Augmented demand for system automation and high standard military aircraft drives the market growth predominantly.
While manufacturers active in the market are answering the elevated demand in the best possible way; substantial investments put in to R&D activities by these players ensure further improvement in the technology. Digital Glass Cockpit systems offer multitudes of advantages the prime most among them is the popping up feature to alert the pilot about the endangering elements coming in their way.
Another interesting feature is the checklist these systems provide to help pilots try to investigate the matter to solve the issues and correct it then and there all by themselves. Such advantages of Digitalized glass cockpits fosters its market to grow rapidly. Once pilots are trained sufficiently before switching up to these Digital systems from traditional analogue instrumentation; they are ready to soar up freely ensuring safety and security of their nation.
Industry/ Innovation/ Related News
February 08, 2018 – Bell Helicopter (US) a leading global aerospace manufacturer announced that it has been selected by Philippines Air Force to provide 16 numbers of Bell 412EPI helicopters. These helicopters are developed as per the regulations of Horizon 2 modernization plan currently run by the military services across Southeast Asian countries. Equipped with cutting edge features including a digital glass cockpit fully configured for an assortment of missions, Bell 412EPI helicopters are all set to support tasks like disaster relief, search & rescue operations, passenger & utility transport. Etc.
September 11, 2017 - MD Helicopters Inc. (US) announced that it has been granted a 5-year, firm-settled value contract to give an expected 150 equipped MD 530 aircraft and the required training – including required production support services program management, delivery support, pilot training, and maintenance to the US and other partnering nations. These aircrafts valuing USD 176.6 million and configuring with the company’s recently certified glass cockpit - Block 1, would be featuring the Howell Instruments engine instrumentation system.
Military Aircraft Digital Glass Cockpit Market – Competitive Landscape
Adorn by numerous well-established players with the regional & global presence the market looks fiercely competitive. These players incorporating acquisition, collaboration, expansion, & technology launch gain the competitive advantage and maintain their market position. Major players driving the market growth are committed for delivering reliable, leading-edge products & services.
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Military Aircraft Digital Glass Cockpit Market – Segmentation
For the convenience of the report and enhanced understanding; the report Military Aircraft Digital Glass Cockpit Market is segmented in to 2 key dynamics
By Systems : Comprises Digital Surveillance, Access Control, Perimeter Fencing Passenger and Cargo Screening, among others
By Regions : Asia Pacific, North America, Europe and Rest of the World.
Worldwide Military Aircraft Digital Glass Cockpit Market – Regional Analysis
In 2015, Americas dominated the global market the supremacy will be further taken over by the Asia pacific region during the forecast period – 2016-2021. Owing to the rising military expenditures for buying the aircrafts with the par excellence. APAC Military Aircraft Digital Glass Cockpit Systems market will account for the 43% of market share growing at a CAGR of 4% during the projected period.
Table of Contents
1 Executive Summary$ 1,350.00
2 Scope of the Report$ 0.00
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$ 950.00
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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