Military Displays Market to Reach $1.57 Billion by 2028, Fueled by Energy-Efficient and Unmanned Systems

The military displays market size has grown strongly in recent years. It will grow from $1.19 billion in 2023 to $1.26 billion in 2024 at a compound annual growth rate (CAGR) of 5.6%. The growth in the historic period can be attributed to increased demand for rugged displays, focus on soldier modernization, training and simulation systems, cybersecurity concerns, global defense expenditure.

The military displays market size is expected to see strong growth in the next few years. It will grow to $1.57 billion in 2028 at a compound annual growth rate (CAGR) of 5.7%. The growth in the forecast period can be attributed to focus on energy-efficient displays, surge in unmanned systems, human-machine interface (hmi) developmen, urban warfare and close quarters operations, multi-function displays. Major trends in the forecast period include integration of touchscreen technology, advancements in night vision display technology, transition to oled and quantum dot displays, focus on cybersecurity in display systems, development of ruggedized and sunlight-readable displays, development of flexible and curved displays.

Market Overview -
Military displays are advanced electronic devices that are lighted in weight and equipped in arm forces to provide military monitoring operations in critical military operations. Different sizes of military displays are used based on applications, such as bigger displays in tactical operation centers.

Download Free Sample of Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=8144&type=smp

The Role Of Military Displays In The Era Of Connected Devices For Armed Forces
The growing use of computing and connected devices in the armed forces is expected to propel the growth of the military display market going forward. In recent years, many countries worldwide have focused more on increasing their defense budgets to provide their militaries with connected devices and smart computing capabilities to modernize their military operations and enhance national security. The military displays are part of connected devices with smart capabilities to aid military operations. For instance, in July 2020, according to an article published by the Armed Forces Communications and Electronics Association, a US-based non-profit organization serving the military, government, industry, and academia as a forum for advancing professional knowledge, the number of connected devices is expected to double in the year 2023 as compared to the year 2019 in the US armed forces due to an explosion of new products and an increasing number of Internet of Things (IoT)-targeted attacks on the military. Therefore, the growing use of computing and connected devices in the armed forces is driving the growth of the military display market.

Competitive Landscape -
Major companies operating in the military displays market report are BAE Systems plc, Lockheed Martin Corporation, Thales Group, L3Harris Technologies Inc., Elbit Systems Limited, General Digital Corporation, Aselsan AS, Curtiss-Wright Corporation, Advanced Embedded Solutions Limited, Crystal Group Inc., Hatteland Technology AS, Neuro Logic Systems Inc., Winmate Inc., CP Technologies LLC, Zmicro Inc., Xenarc Technologies Corporation, Leonardo SpA, Milcots LLC, Raytheon Technologies Corporation, Honeywell International Inc., Esterline Technologies Corporation, Saab AB, Barco NV, General Dynamics Corporation, Northrop Grumman Corporation, Garmin Ltd., FLIR Systems Inc., Vartech Systems Inc., Planar Systems Inc., EIZO Corporation, IEE Inc., Avidyne Corporation, AMLCD Inc.

L3 Harris Technologies Introduces Cutting-Edge Fused Panoramic Night Vision Goggle Advancements In Military Displays Revolutionize Battlefield Visualization
Technological advancement is the key trend gaining popularity in the military display market. Major companies operating in the military display market are focused on research and development for product innovations and better solutions to strengthen their position in the market. For instance, in May 2022, L3 Harris Technologies, a US-based company operating in aerospace and defense technology to deliver end-to-end solutions to meet customers' mission-critical needs such as medical displays, introduced its advanced military display with image intensification technology and thermal imagery known as the Fused Panoramic Night Vision Goggle (F-PANO). Image intensification technology is used to increase the intensity of low available light in surrounding such as a night in an optical system to enhance visual imaging for clear vision. F-PANO provides an advanced mobility system for the operator to assess and engage threats on the battlefield with greater speed and clarity and is capable of providing system communication to the end-user device to display Android Tactical Assault Kit (ATAK) information within the field-of-view of the goggle.

Browse Full Report @
https://www.thebusinessresearchcompany.com/report/military-displays-global-market-report

Key Segments -
The military displays market covered in this report is segmented -
1) By Type: Smart Displays,Conventional Displays
2) By Technology: LED, LCD, AMOLED, OLED
3) By Computer Display: Microdisplays, Small and Medium-Sized Panels, Large Panels
4) By End Market: Naval, Airborne, Land

Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.

Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps

This release was published on openPR.