Press release
Multi-Function Display Market Outlook to 2027 - Business Opportunities by BAE Systems, Collins Aerospace, Elbit Systems, FLIR Systems, Garmin
Multi-Function Display market is anticipated to grow in the forecast period with the growing demand for ground control stations and an increase in aircraft orders. Furthermore, system efficiency and technological advancements are likely to propel the market growth. However, complexity of system is a challenge for the growth of the multi-function display market during the forecast period. Nevertheless, reflective micro-display technologies promise significant growth opportunities for the multi-function display market in the coming years.Multi-Function Display (MFD) Market Forecast to 2027 - Covid-19 Impact and Global Analysis - by Product Type (Electronic Flight Displays (EFD), Helmet-Mounted Display (HMD), Heads-Up Display (HUD), Others); Technology (LED, LCD, OLED, Others); Platform (Air, Naval, Land) and Geography
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Multifunction display (MFD) displays information to the user in numerous configurable ways. It is a small-screen surrounded by multiple soft keys initially used in military aircraft. However, these display systems were later adopted by commercial aircraft, general aviation, automotive, and maritime industries. The system has undergone technological advancements in terms of display and software developments. Key market players are investing in R&D and innovations to increase their market share during the forecast period.
The "Global Multi-Function Display (MFD) Market Analysis to 2027" is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The report aims to provide an overview of multi-function display market with detailed market segmentation by product type, technology, platform, and geography. The global multi-function display market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading multi-function display market players and offers key trends and opportunities in the market.
Companies mentioned are-
- Aspen Avionics, Inc.
- Astronautics Corporation of America
- BAE Systems PLC
- Collins Aerospace
- Elbit Systems Ltd
- FLIR Systems, Inc.
- Garmin Ltd.
- Honeywell International Inc.
- Saab AB
- Samtel HAL
The global multi-function display market is segmented on the basis of product type, technology, platform, and end user. Based on product type, the market is segmented as Electronic Flight Displays (EFD), Helmet-Mounted Display (HMD), Heads-Up Display (HUD), and others. On the basis of the technology, the market is segmented as LED, LCD, OLED, and others. The market on the basis of the platform is classified as air, naval, and land.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global multi-function display market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The multi-function display market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
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