Military Aircraft Digital Glass Cockpit Systems Market: New Innovations Trends, Research, Global Share and Growth Factor and Forecast: 2022-2031

Japan, Japan, Thu, 07 Apr 2022 23:19:52 / Comserve Inc. / -- The military aircraft digital glass cockpit systems market is anticipated to register a CAGR of more than 3% during the forecast period, 2022-2031.

The military aircraft digital glass cockpit systems market is anticipated to register a CAGR of more than 3% during the forecast period, 2022-2031.

- The increasing number of cockpit upgrades to the existing military aircraft fleet are likely to remain as the key growth driver for the market during the forecast period.
- Cockpit technology has been advancing at a great pace in the last five years, which helps to provide a great amount of information at the fingertips of the pilot than it was formerly in the conventional systems. These newer technologies are expected to provide opportunities for the growth of the market in the years to come.

Download PDf Sample For More Information: https://www.sdki.jp/sample-request-80400

Key Market Trends

Helicopter segment to dominate the market during the forecast period

The designs of the military helicopter have seen a drastic change over the past few years. Most advanced high-tech machines and digital glass cockpit systems are incorporated into the helicopters to enhance their effectiveness. Currently, many helicopter avionics modernization and upgrade projects are being taken up around the world. The glass cockpit systems provide the sophisticated real-time operating system with the latest processor technology that provides situational awareness for the pilots operating these helicopters. The avionics for the helicopters vary a lot compared to fixed-wing aircraft and the cockpit sophistication requirements are also high, especially in military application. Hence, this segment is expected to dominate the market during the forecast period.

North America dominated in terms of market share in 2019

As of 2019, North America had the highest market share out of all the regions. This was mainly due to the procurement and modernization plans of the US Department of Defense. The country currently has plans to procure F-35A Joint Strike Fighters, light attack aircraft, and trainer aircraft and also, to modernize its fleet of the B-1, B-52H, and B-2 aircraft. Such investments in the aircraft fleet will propel the growth of this region during the forecast period. However, Asia-Pacific is expected to register a high CAGR, due to the increased procurements of aircraft and rotorcraft by countries like India, Japan, Indonesia, and South Korea, among others. Also, fleet modernization plans in China and India will further drive the growth of the market.

Request To Download Sample of This Strategic Report: https://www.sdki.jp/sample-request-80400

Competitive Landscape

Most of the local players in each region hold a significant amount of market share, as they mostly supply the small subsystems for the military aircraft digital glass cockpit systems. But the globally established and proven glass cockpit system manufacturers also have ongoing contracts for most of the existing projects. Astronautics Corporation of America and Honeywell are two major players dominating the market.

Reasons to Purchase this report:

- The market estimate (ME) sheet in Excel format
- 3 months of analyst support

The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.

For more information, please contact:

Shibuya Data Count
Email: sales@sdki.jp
Tel: + 81 3 45720790

The post Military Aircraft Digital Glass Cockpit Systems Market: New Innovations Trends, Research, Global Share and Growth Factor and Forecast: 2022-2031 appeared first on Comserveonline.