New research by industry analysts has revealed that the global market for digital glass cockpit systems in military aircraft will be worth $1.71Bn in 2013. This year’s spending in the USA alone was predicted to be over $500m by the new report, entitled Global Digital Glass Military Aircraft Cockpit Systems Market 2013-2023: Multi-Function Displays (MFD) for Fighters, Airlifters, Trainers & Helicopters.
Our research included interviews with industry experts, two of which are included as transcripts in the published report. In the first of these we speak with David Green, Director of Military Programmes at Innovative Solutions & Support, suppliers of an Engine Instrument Display System (EIDS) for the C-130. The company also produces other Flat Panel Display Systems, Flight Information Computers, Engine and Fuel Instrumentation, Class 3 E-Charts, and RVSM solutions to measure and display air data.
The second interview transcript published as part of a research was conducted with Andrew Haylett of Curtiss-Wright Controls Defense Solutions, a technology leader in the development of rugged electronic modules and embedded systems for defence applications.
Global Digital Glass Military Aircraft Cockpit Systems Market 2013-2023: Multi-Function Displays (MFD) for Fighters, Airlifters, Trainers & Helicopters provides an in depth breakdown of the sources of growth and areas of contraction in the military glass cockpit market, including detailed ten-year budget forecasts for the 20 highest spending countries. It identifies the top 20 companies worldwide and details their product offerings in the market.
A defence analyst commented: “Our research suggests that although current growth rates in the digital glass military cockpit systems market are positive, we’re on the cusp of a swift upturn in growth rates that we expect to last for at least two years. A combination of delays in programmes and downward budgetary pressure has led some states to purchase quicker, cheaper glass cockpit upgrades for existing platforms, or to buy existing aircraft off the shelf. The effects of this spending provide a clear window of opportunity for glass cockpit manufacturers to exploit.”
The 165 page report contains 219 tables, charts and figures analysing and forecasting the market opportunities. As well as the global market outlook, analyses the leading companies’ performance and outlook. The report also contains listings of each of the leading companies’ glass cockpit products and services, as well as a SWOT analysis of current market conditions.
Global Digital Glass Military Aircraft Cockpit Systems Market 2013-2023: Multi-Function Displays (MFD) for Fighters, Airlifters, Trainers & Helicopters is an invaluable reference for current and future investors in the military aircraft glass cockpit systems market, for both public and private sector organisations, as well as to companies and researchers who need to quickly understand the composition of the market and the strategies of its most successful companies.
Source: ASDReports - Market Research
Date: Jul 10, 2013