A multi-function display (MFD) provides information sensed from a variety of aircraft systems. It serves as the backup or fail-down display for the PFD. The technology allows access to important parameters provided by the installed aircraft systems and prevents the need for a separate display for each system.
The global aircraft multi-function display industry size is expanding significantly due to growing application in glass cockpits. These displays allow the flight crew to select different pages from different chapters that provide display information from different aircraft systems. The widening range of technologies available for military and commercial aircraft will drive the industry growth.
Decline in Air Transportation Impacted Industry Growth during Pandemic
The outbreak of COVID-19 slowed down the demand for aircraft multi-function displays due to the decline in air travel. Strict lockdowns and government restrictions to control the spread of the pandemic led to the suspension of local and international flights. Movement and transportation restrictions used a significant decline in the growth of the industry globally.
Based on system type, the industry is classified into a heads-up display, electronic flight display, and helmet-mounted display.
According to application type, the industry is segmented into commercial, general aviation, and military.
In terms of technology type, the industry is broken down into LED, CRT, OLED, and LCD.
Region-wise, the industry is segregated into North America, Asia Pacific, Europe, and the Rest of the World.
The research offers:
- Major growth drivers, restraining factors, opportunities, and potential challenges for the industry.
- Comprehensive insights into the regional developments.
- List of major industry players.
- Key strategies adopted by the industry players.
- Latest industry developments such as product launches, partnerships, mergers, and acquisitions.
Aircraft multi-function display industry growth is expanding significantly due to the growing demand for aircraft equipped with glass cockpits.The wide range of technologies available for both military and commercial aircraft will augment the industry growth substantially.
On the contrary, the high cost associated with repairs and replacement of aircraft MFD components could limit the technology adoption slightly. Additionally, the complexity of system design may require additional training.
Presence of Key Players in North America to Augment Regional Share
North America is expected to dominate the aircraft multi-function display industry share due to the presence of key players such as Honeywell Corporation and Rockwell. In addition, the growing adoption of multi-function displays in commercial aircraft and military across the region will strengthen the regional outlook.
Europe will witness significant growth due to the presence of prominent multi-function display manufacturers such as BAE Systems and Thales Group in the region.
Asia Pacific could grow at the highest CAGR during the forecast period. China, India, and Japan are slated to create promising opportunities for industry players owing to the rising number of air passengers in this region.
The Middle East will record notable growth owing to the presence of potential buyers such as Qatar, Emirates, and Etihad.
Key Players are Introducing New Solutions to Bolster Portfolio
Leading players in the industry are adopting various strategies to increase their presence in the industry. These include R&D investments and the launch of new, technologically-advanced products in the industry. Some companies are also adopting new installations to strengthen their portfolio.
November 2020 – Duncan Aviation installed the Garmin G1000 Nxi advanced flight decks in its King Air 350 aircraft. The new flight deck is equipped with two large 10.4-inch primary flight displays with a synthetic vision along with a 15-inch multifunction display. The display shows moving map, traffic, weather, digital engine gauges, and other important flight-related data.
The Research Lists the Key Players Profiled in the Industry Research:
- United Technologies Corporation (U.S.)
- BAE Systems (U.K.)
- Thales Group (France)
- Universal Avionics Systems (U.S.)
- Saab AB (Sweden)
- Garmin Ltd (U.S.)
- LX navigation (Slovenia)
- Barco (Belgium)
- FLIR Systems (U.S.)
- Honeywell Corporations (U.S.)
- Astronautics Corporation of America (U.S.)
- Aspen Avionics, Inc. (U.S.),
- Rockwell Collins (U.S.)
- Elbit Systems Ltd. (Israel)
- Becker Avionics (U.S.)
- Sandel Avionics (U.S.)