Military Rugged Display Market to Grow at a CAGR of 7.4% by 2027 | $ 2,647.30 Mn - Impact of COVID-19 Pandemic and Global Analysis by The Insight Partners

In October 2019, Hatteland Technology and Kongsberg Defence & Aerospace (KONGSBERG), together, received the contract to deliver 21.5-inch and 32-inch panel computers for military applications. Through Hatteland’s products, the contract confers strategic and tactical advantages to UK submarines and Type 45 Destroyers, the US Coast Guard’s ECDIS (Electronic Chart Display and Information System), and the US Navy’s Littoral Combat Ships. In October 2018, the defense solutions division of Curtiss-Wright optimized its range of advanced video display units (AVDU), high-resolution rugged LCD touch screens with software-configurable capabilities to enhance flexibility and usability. Since video cameras and sensors are increasingly integrated into military airborne platforms, video displays progressively play an important role in determining mission success. Such product developments and collaboration strategies implemented by the companies lead to the growth of the global market.

The Military Rugged Display market was valued at US$ 2,647.30 million in 2019 and is projected to reach US$ 1,537.21 million by 2027; it is expected to grow at a CAGR of 7.4% from 2017 to 2027.

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The military rugged display market is segmented into five major regions—North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South America (SAM). North America is expected to hold the largest market share during the forecast period. The market growth in this region is majorly driven by the growing implementation of advanced military rugged displays and extensive government investments in the US defense sector. In addition, the presence of major market players such as Aydin Displays, Curtiss-Wright Corp, and General Micro Systems Inc., and reduction in the total cost of ownership (TCO) are among other factors supporting the market growth in North America. Further, the market in APAC is expected to grow at the highest CAGR during the forecast period. The growth is majorly driven by increasing defense budgets and mounting military aircraft modernization efforts.

In October 2019, Hatteland Technology and Kongsberg Defence & Aerospace (KONGSBERG), together, received the contract to deliver 21.5-inch and 32-inch panel computers for military applications. Through Hatteland’s products, the contract confers strategic and tactical advantages to UK submarines and Type 45 Destroyers, the US Coast Guard’s ECDIS (Electronic Chart Display and Information System), and the US Navy’s Littoral Combat Ships. In October 2018, the defense solutions division of Curtiss-Wright optimized its range of advanced video display units (AVDU), high-resolution rugged LCD touch screen with software-configurable capabilities to enhance flexibility and usability. Since video cameras and sensors are increasingly integrated into military airborne platforms, video displays progressively play an important role in determining mission success. Such product developments and collaboration strategies implemented by the companies lead to the growth of the global market.

During the forecast period from 2020 to 2027, the growth outlook of military rugged displays in all the major geographic regions is estimated to be quite positive. However, the market growth is likely to slow down during 2020–2021 due to disruptions in global businesses caused by the ongoing COVID-19 outbreak; to contain the spread of the virus, all major countries in Europe, APAC, and North America are imposing strict restrictions on business activities and the movement of goods and people. These factors are adversely affecting both supply and demand for various components and parts designed for military applications.

Impact of COVID-19 Pandemic on Military Rugged Display Market

The recent COVID-19 pandemic crisis is adversely affecting the world and is continuing to shatter several countries. Until the outbreak, the defense industry was experiencing substantial growth in terms of production and services; however, the crisis is disrupting the supply chain and manufacturing of defense products equipment.

The defense manufacturing industry is heavily dependent on manual labor, and it is experiencing a lack of labor in respective manufacturing facilities due to the lockdown regulations in many countries across the world. Major defense spenders allocate close to or over 2% of their GDP, a significant amount, to defense. However, several governments are deprioritizing defense spending owing to the emergence of pandemics. Also, governments of many countries are investing in activities that may help control the spread of the virus. This factor is restricting the production of various defense equipment, thereby hindering the growth of the military rugged display market.  

Market Insights

Accentuating Demand for Situational Awareness

Situational awareness or being aware of the location is paramount among the soldiers during the battle. The modern battlefield presents several challenges to situation awareness, which poses a substantial threat to the dismounted soldiers as well as vehicles (land, air, and naval). This is due to the fact that enemies or militant forces are using advanced technologies, which creates challenging situations for armed forces during decision-making. Owing to enhance situational awareness among the on-battle soldiers, the demand for rugged devices is consistently growing, supporting the generating a generous amount of demand for the rugged display that functions smoothly under harshest environments. This factor is driving the military rugged display market.

The List of Companies - Military Rugged Display Market

Advanced Embedded Solutions Ltd
Assured Systems Ltd
Aydin Displays
Crystal Group, Inc.
General Digital Corporation
Hatteland Technology AS
Neuro Logic Systems, Inc.
Winmate Inc.
ZMicro, Inc.
CP Technologies LLC

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