Cockpit Display Market

Cockpit Display Market Outlook (2022 to 2032)

The global cockpit display market size was USD 4.2 billion in 2022. It is likely to exceed USD 7.3 billion by 2032. The market would elevate at a CAGR of 5.7% from 2022 to 2032.

Cockpit display systems give the pilot and other crew members a visual representation of the data and information. It would enable the pilot to fly the aircraft safely and carry out the mission.

These systems can create a connection between both the pilot and the airplane sensors. It delivers information on the principal flight details, guidance knowledge, engine data, structural data, or warning information. One of the key factors propelling the cockpit display industry is the expanding aerospace sector.

Usage of cockpit displays is common in both military and civilian carriers. These are also extensively used in trainers, combat aircraft, helicopters, and specialized reconnaissance planes, among other applications.

Expanding automobile sector is further boosting the global market. Technical developments leading in the production of next-generation aviation display systems are propelling the market.

Cockpit displays are frequently used in commercial vehicles, trains, and automobiles. However, the term ‘cockpit’ usually refers to the flight deck.

With the expanding air passenger industry, the aerospace and defense sectors around the world are continuing to boom. The market would see consistent expansion in the forecast period owing to availability of low-cost flight tickets.

It is also due to rising global military spending, as well as heightened border security concerns. Governments worldwide need to raise their defense budgets as a result of this necessity. The sector is growing even more as a result of rising air traffic.

Growing production and designing of commercial aircraft would also spur sales. Cutting-edge cockpit displays for better communication and navigation would experience high demand. These will soon be installed in next-generation aircraft.

The global defense sector is expected to elevate during the forecast period. It would be a result of increased geopolitical dangers and rising global tensions. Surging defense spending by various nations such as China, India, and Japan would also boost sales.

Defense spending will benefit national security. It would help to create possibilities for defense companies and their distribution networks to meet the expanding demand. It would further enable them to boost production yields.

Attributes	Key Insights
Cockpit Display Market Estimated Size (2022E)	USD 4.2 billion
Projected Market Valuation (2032F)	USD 7.3 billion
Value-based CAGR (2022 to 2032)	5.7%
USA Value-based CAGR (2022 to 2032)	4.6%

2017 to 2021 Cockpit Display Sales Outlook Compared to Demand Forecast from 2022 to 2032

As per Future Market Insights, the aircraft cockpit display market exhibited a CAGR of 3.1% from 2017 to 2021. It would expand at a steady CAGR of 5.7% from 2022 to 2032.

The aerospace sector has been at the forefront of incorporating cockpit displays in recent years. Demand for customized cockpit displays has increased significantly. It is expected to supplement advanced cockpit display sales from 2022 to 2032.

Advanced graphical interfaces with avionics and human gestures are made possible by cockpit display systems in aircraft. It further enhances human-machine interaction.

Due to improved human-machine interaction that cockpit display systems provide, technological developments have raised their demand. These systems provide pilots the information they need such as airspeed, aircraft height, and airstream incidence. These can also enhance flight safety and effectiveness.

Top Cockpit Display Market Trends Listed by Future Market Insights

• Increasing demand for aircraft and ongoing technological advancements would boost sales.
• Need for both commercial and military aircraft has grown as a result of expansion of the aviation sector.
• The surge has also raised the demand for aircraft cockpit displays.
• Recent developments in the aircraft cockpit display market have led to the creation of more complex and advanced cockpit displays.
• These are highly dependable and offer improved performance.
• Cockpit displays are essential to guaranteeing safety and security in the aviation sector.
• It places a high priority on these issues.
• The potential of cockpit displays to give the pilot real-time data and information is predicted to enhance demand.
• Head up displays provide the pilot with easy, succinct access to crucial flying information.
• Need for cockpit displays is anticipated to rise with high demand for head up displays.
• Modern cockpit displays are more sophisticated and offer better performance, as compared to conventional ones.
• They are being installed in numerous aging aircraft across the globe.

Which are the Factors Restraining Cockpit Display Sales Worldwide?

• Modern airplanes need cockpit displays.
• But, they are also quite expensive to manufacture and install.
• Particularly for small airlines and military operators, this high price represents a significant barrier to market expansion.
• Given the complexity of cockpit displays, substantial design, development, and testing are necessary.
• It is challenging for new competitors to enter the market owing to this complexity.
• It is also challenging for established businesses to stay up with technological advancements.
• Before being utilized in both commercial and military aircraft, cockpit displays must be approved by aviation regulatory organizations.
• Cost and complexity of these displays are further increased by the certification procedure, which might be time-consuming and expensive.
• Head-up displays (HUDs) and augmented reality systems, for example, compete with cockpit displays.
• These technologies might become more appealing to consumers.
• They might develop and displace cockpit displays as a market leader.
• Regular maintenance and repairs of cockpit displays are time- and money-consuming.
• It might deter a few operators from employing these displays, particularly if there are more affordable options available.

Which Region will Create Lucrative Opportunities for Cockpit Display Manufacturers?

North America to Make Headway with Presence of Renowned Cockpit Display System Companies.

North America is set to generate a considerable cockpit display market share in the next ten years. Rising need for cockpit displays in the defense and aerospace sector has led to expansion of the market in North America.

Future Market Insights predicts that the region would exhibit a CAGR of around 41.3% from 2022 to 2032. Leading players across the region such as Avidyne Corporation are investing in research work to develop new products.

Country-wise Insights

Why is the USA Showcasing Exponential Cockpit Display Demand?

Demand for Sophisticated Avionics Systems to Spur Sales in the USA by 2032

The USA cockpit display market is expected to be worth USD 2.4 billion by 2032. It would create an absolute dollar opportunity of USD 846.0 million from 2022 to 2032.

The USA market witnessed growth at a CAGR of 1.7% from 2017 to 2021. It is set to expand at a CAGR of 4.6% from 2022 to 2032.

Need for improved situational awareness and operational efficiency would spur cockpit display sales in the USA. Rapid expansion of the aerospace sector and rising demand for sophisticated avionics systems in military & commercial aircraft are also driving the market.

Expansion of the cockpit display industry would be further aided by development of cutting-edge technologies. These include electronic flight bags (EFBs), multi-function displays (MFDs), and head-up displays (HUDs).

Will the United Kingdom Remain Competitive in the Digital Cockpit Market?

Airplane Displays to Gain Traction in the United Kingdom with Rising Passenger Safety Concerns

The United Kingdom cockpit display market is expected to be worth USD 353.8 million by 2032. It would create an incremental opportunity of USD 133.8 million in the next ten years.

The United Kingdom showcased growth at a CAGR of 2.0% from 2017 to 2021. It is likely to flourish at a CAGR of 4.9% from 2022 to 2032.

Modernization of the Royal Air Force (RAF) and creation of new military aircraft would boost cockpit display demand in the military sector. Sales of sophisticated cockpit displays would also skyrocket in the commercial sector.

It is attributed to expansion of air travel. At the same time, surging attention being paid to passenger safety and comfort would propel growth in the United Kingdom.

How are China-based Cockpit Display Companies Faring?

Investments in Aerospace Sector in China to Bolster Demand for Electronic Flight Displays

China cockpit display market is set to be worth USD 624.9 million by 2032. It would create an absolute dollar growth of USD 296.9 million in the assessment period.

China witnessed growth at a CAGR of 4.6% from 2017 to 2021. It would expand at a CAGR of 6.7% from 2022 to 2032.

Industry participants may witness considerable development possibilities in China. It is due to rising need for cutting-edge cockpit displays in both military and commercial aircraft.

Rapidly expanding aerospace sector in the nation would also bode well for China. Presence of significant players in the avionics and aerospace industries is anticipated to further fuel market expansion.

Category-wise Insights

Which is the Highly Adopted Cockpit Display Size Worldwide?

Panoramic Cockpit Displays with a Size of 5 Inches to 10 Inches would Boost Demand

By display size, the 5 inches to 10 inches’ segment is projected to witness a lucrative CAGR of 5.3% from 2022 to 2032. It has several applications in the medical and aerospace & defense sectors. CAGR of the 5 inches to 10 inches display size segment was around 2.9% from 2017 to 2021.

Which is the Most Preferred Cockpit Display Type across the Globe?

Primary Flight Displays to Witness High Sales in the Field of Integrated Cockpit Display Systems

The most widely used cockpit display type is the primary flight display. Ongoing expansion of the aerospace and defense industry can be connected to the increasing need for these displays.

CAGR of the primary flight display segment was around 3.0% from 2017 to 2021. It is predicted to expand by 5.5% from 2022 to 2032.

Competitive Landscape

Leading players in the global market are always coming up with innovative ways to provide high-quality products. They are aiming to patent their technologies and products.

A few other companies are looking forward to expanding their product ranges. Those players, who currently hold a tiny bi of market share, are constantly striving to broaden their reach in the cockpit display industry.

A few recent developments in the global cockpit display market are

• In July 2021, Aspen Avionics introduced Evolution 1000 Pro MAX line of cockpit displays. It is the next-generation display technology that bridges the gap of avionics technology. It has operational features, as well as customer-inspired safety features. It also has a rapid refresh rate and countdown timers.
• In July 2021, Avidyne Company announced Vantage Flight Display systems. Avidyne Vantage has simulated vision, a double MFD reversal, and a dual touchscreen graphical interface in addition to several other characteristics. It has been certified with a twin IFD-series GPS/NAV/COM and DFC90 autopilot configuration. The Vantage update for Cirrus aircraft will work among all versions of Cirrus engine sensors. It can also work with other factory-installed Cirrus equipment without the need for any unlocks or enablement.

Scope of the Report

Attribute	Details
Estimated Market Size (2022)	USD 4.2 billion
Projected Market Valuation (2032)	USD 7.3 billion
Value-based CAGR (2022 to 2032)	5.7%
Forecast Period	2022 to 2032
Historical Data Available for	2017 to 2021
Market Analysis	Value (USD billion)
Key Regions Covered	North America; Latin America; Europe; East Asia; South Asia; Oceania; Middle East and Africa
Key Countries Covered	USA, United Kingdom, Germany, France, Spain, Italy, Japan, China, Singapore, Malaysia, Sri Lanka, Kingdom of Saudi Arabia, United Arab Emirates, South Korea, Finland, Hungary, Rest of the World
Key Segments Covered	Aircraft Type, Display Type, Display Size, Region
Key Companies Profiled	Aspen Avionics Inc.; Avidyne Corporation; Dassault Systemes SE; Dynon Avionics; Elbit Systems; TransDigm; Garmin Ltd.; Honeywell Aerospace Inc.; L-3 Communication Holdings Inc.; Rockwell Collins Inc.; Northrop Grumman Corporation
Report Coverage	Market Forecast, Company Share Analysis, Competition Intelligence, Market Dynamics and Challenges, and Strategic Growth Initiatives

Cockpit Display Market Outlook by Category

By Aircraft Type:

• Cargo Aircraft
• Fighter Aircraft
• Helicopter
• Air Transport
• Trainer Aircraft
• General Aviation
• Business Jet

By Display Type:

• Primary Flight Display
• Multi-function Display
• Backup Display
• Mission Display

By Display Size:

• Less than 5 Inches
• 5 inches to 10 Inches
• More than 10 Inches

By Region:

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East and Africa

Frequently Asked Questions

How Big will the Cockpit Display Market By 2033?

By 2033, the market is anticipated to hit a value of USD 7.3 billion.

What is the Projected CAGR For the Market?

The market is going to experience a 5.7% CAGR through 2033.

What is the Market CAGR of The United States?

The United States market records a CAGR of 4.6%.

Which Display Size Segment Has a Significant Market Share?

The display size category of 5 inches to 10 inches tends to encounter an economic CAGR of 5.3%.

What is the Expected Market CAGR in China?

In China market, the CAGR is 6.7% between 2023 and 2033.

What is the CAGR of the Market in the United Kingdom?

From 2023 to 2033, the United Kingdom market to encounter a CAGR of 4.9%.