Global Glass Cockpit for Aerospace Market Outlook Report 2018: Market Accounted for $1,587.84 Million in 2017 and is Expected to Reach $2,538.03 Million by 2026
PR Newswire
DUBLIN, Feb. 8, 2019
DUBLIN, Feb. 8, 2019 /PRNewswire/ —
The “Glass Cockpit for Aerospace – Global Market Outlook (2017-2026)” report has been added to ResearchAndMarkets.com’s offering.
Global Glass Cockpit for Aerospace market accounted for $1,587.84 million in 2017 and is expected to reach $2,538.03 million by 2026 growing at a CAGR of 5.4% from 2017 to 2026.
Some of the key factors responsible for the market growth include automation of flight controls, increased demand for new aircraft by airlines and adoption of high-end technologies. However, factors such as increased complexity and occurrence of display blackout owing to sudden system failure are restraining the market growth.
An aircraft cockpit comprises of electronic flight instruments display, such as altimeter, direction, gyroscope, and air speed. These aircraft cockpits are known as glass cockpit and it includes LCD screens rather than the conventional analog systems. The glass cockpit systems consists of several displays which are connected to the flight management system, and can be altered to display flight information as required.
The glass cockpit has replaced the conventional (Electronic Flight Instrumentation Systems EFIS) warning lights and mechanical gauges, but still they are used in some aircrafts as backups in case of electronic flight instrumentation system malfunction. At present, glass cockpit is largely used in commercial aviation aircrafts such as Boeing 737NG, Boeing 747-400, Boeing 777, and Tupolev Tu-204 among others.
Amongst End User, Commercial aviation segment accounted for significant market share during the forecast period due to the glass cockpit system is an advanced technology in the commercial aviation industry; the manufacturers are still conducting research in order to make the system more robust and user friendly. The major advancement in glass cockpit mechanism includes integration of touchscreen facility, and this is touchscreen technology is expected to boost the market to a greater extend over the years.
By Geography, Asia-Pacific ranks as the fastest growing market with a comparatively higher growth rate. In Asia Pacific the share would be captured by the Japan, China, and India over the forecast period.
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Key Topics Covered:
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.5 Research Sources
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 End User Analysis
3.7 Emerging Markets
3.8 Futuristic Market Scenario
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Glass Cockpit for Aerospace Market, By Aircraft Type
5.1 Introduction
5.2 Air Transport
5.3 Business Jet
5.4 Cargo
5.5 Fighter Jet
5.6 Helicopter
5.7 Special Mission
5.8 Trainer Aircraft
6 Global Glass Cockpit for Aerospace Market, By Display Size
6.1 Introduction
6.2 Greater Than 10 inches
6.3 Inches to 10 inches
6.4 Less Than 5 inches
7 Global Glass Cockpit for Aerospace Market, By Display Type
7.1 Introduction
7.2 Back-up Display
7.3 Engine-indicating and crew-alerting system (EICAS) Display
7.4 Mission Display
7.5 Multi-function Display
7.6 Primary Flight Display
8 Global Glass Cockpit for Aerospace Market, By End User
8.1 Introduction
8.2 Commercial Aviation
8.3 Defense & Aerospace
8.4 General Aviation
8.5 Other End Users
9 Global Glass Cockpit for Aerospace Market, By Geography
9.1 Introduction
9.2 North America
9.3 Europe
9.4 Asia Pacific
9.5 South America
9.6 Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 Garmin Ltd
11.2 Esterline Technologies Corporation
11.3 Elbit Systems Ltd
11.4 Dynon Avionics
11.5 Avidyne Corporation
11.6 Aspen Avionics, Inc
11.7 GE Aviation
11.8 Honeywell Aerospace, Inc
11.9 L3 Technologies
11.10 Lockheed Martin
11.11 Northrop Grumman Corporation
11.12 Rockwell Collins, Inc
11.13 Thales SA
11.14 Universal Avionics Systems Corporation
For more information about this report visit https://www.researchandmarkets.com/research/zpc257/global_glass?w=5
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