Global Aircraft Display Market: Current Analysis and Forecast (2023-2030)

The aircraft display market is growing at a steady rate of 6.25% in the forecast period due to the increasing demand for advanced avionics systems and glass cockpits. The aviation industry has experienced significant growth in recent years. The number of people traveling by air has increased, resulting in a higher number of planes in the sky. Pilots now have access to more advanced technology in their cockpits, such as sophisticated screens and controls. This shift is occurring because it enhances pilots' situational awareness, improves safety measures, and increases overall efficiency in flying. The cockpit screens provide pilots with crucial flight information, including their destination and real-time updates on the aircraft's status, in a user-friendly format. The demand for this innovative technology stems from stringent aviation regulations, the emergence of computer-based systems, and the increasing complexity of flying modern aircraft. These state-of-the-art screens surpass their outdated counterparts by facilitating the utilization of vital information, aiding pilots in comprehending the situation, and simplifying their tasks. For instance, glass cockpits are widely adopted in the latest commercial aircraft models, such as the Boeing 737 MAX, Airbus A320neo, and the upcoming Boeing 777X. Additionally, the retrofit market for glass cockpits has been growing, with airlines and operators seeking to upgrade their fleets to take advantage of the latest avionics technologies.

Furthermore, for instance, in April 2023, American Airlines and Airbus entered a partnership to upgrade the cockpit displays on more than 100 of the carrier's Airbus A320s. The two companies will partner in a multi-year retrofit program to "install Enhanced Electronic Instrument System (EEIS2) LCD flight deck displays and new display computers" on American Airlines aircraft. Compared to the current displays, the new system improves "information displays for pilots thanks to its high-resolution LCD screen and offers new system capabilities and features for American's A320ceo fleet," per the OEM's estimates.

Based on type, the market is divided into primary flight displays, multifunction displays, engine indicating & crew alerting systems, and passenger entertainment displays. The multifunction display segment dominated the market in 2022 and is expected to show the same fashion in the forecast period. The pilots are presented with a comprehensive and consolidated view of essential flight data through the display, including navigation information, weather radar, terrain awareness, traffic collision avoidance system (TCAS), and other crucial details. In contrast, traditional cockpits require pilots to constantly scan multiple analog instruments. However, Primary Flight Displays (PFDs) eliminates this need by consolidating all vital information in one place, reducing the workload and fatigue that pilots may experience during long flights. As a result, modern aircraft are equipped with glass cockpits, where digital displays like Multi-Function Displays (MFDs) replace traditional analog instruments.

Based on application, the market is divided into commercial and military. The commercial segment dominated the market in 2022 and is expected to show the same fashion in the forecast period. The commercial aviation industry strives to enhance passenger safety, optimize operational efficiency, and adhere to regulatory standards. In the field of commercial aircraft, Copa Airlines, the flag carrier of Panama, announced plans to upgrade its Boeing 737 MAX fleet with the latest aviation technology, including advanced displays. Moreover, there is a projected growth of 4.3% annually in the demand for air transportation in the next two decades. This growth will primarily cater to the market for aircraft displays. The industry is currently witnessing a shift towards larger, curved displays that come with touchscreen capabilities and integrated synthetic vision systems. Honeywell, for example, offers a cost-effective unit exchange program for older DU-1080 forward cockpit displays used by business jet and commercial helicopter operators. Additionally, the latest Boeing 787 Dreamliner is equipped with large LCDs that provide pilots with crucial flight information in a user-friendly format. The continuous advancements in commercial aircraft displays, which enhance safety, operational efficiency, automation, and compliance with modern avionics standards like ADS-B (Automatic Dependent Surveillance-Broadcast), further drive the demand for these displays in commercial aircraft.

For a better understanding of the market of the aircraft display market, the market is analyzed based on its worldwide presence in countries such as North America (The US, Canada, and Rest of North America), Europe (Germany, The UK, France, Italy, Spain, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. The North American market for aircraft display is experiencing significant growth, driven by a powerful combination of safety considerations, technological progress, and an increasing number of commercial and military fleet sizes. For instance, North America has the highest number of commercial fleets, 8,468 in 2022, and it is expected to reach 9,691 by 2041. The demand for the display market in the aircraft industry in North America is being fueled by the ongoing modernization of aircraft fleets. Companies such as Honeywell are offering specialized products that can enhance cockpit displays. For example, Honeywell provides a cost-effective unit exchange program for older DU-1080 forward cockpit displays used by business jet and commercial helicopter operators. Additionally, the emphasis on aviation safety is contributing to the growth of the aircraft display market. Recent analysis of aviation accidents has highlighted the importance of clear and intuitive display systems, leading aircraft manufacturers to invest in advanced technologies like Head-up displays to meet market demand.

Some of the major players operating in the market include Astronautics Corporation of America, Honeywell International Inc., Aspen Avionics, Inc., Garmin Ltd., GRT Avionics, L3Harris Technologies, Inc., Thales, Avidyne Corporation, Elbit Systems Ltd., Diehl Stiftung & Co. KG, and Genesys Aerosystems.