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(India.CityRegions.Com, August 09, 2016 ) Technavio Announces the Publication of its Research Report Global Heads-Up Display Market 2016-2020
Technavio recognizes the following companies as the key players in the global heads-up display market: BAE Systems, Continental Automotive GmbH, Delphi Automotive, Denso, Elbit Systems, Esterline Technologies, Honeywell Aerospace, Nippon Seiki, Panasonic Automotive Systems, Rockwell Collins, Robert Bosch GmbH, Saab, Thales, and Visteon.
Commenting on the report, an analyst from Technavios team said: Lower landing minima will be the major key trend for the market growth. Lower landing minima is the altitude above the touchdown zone, at which the pilot can see the runway. Regulations in the aviation sector such as CAAC, FAA, EASA, Japan Civil Aviation Bureau (JCAB), and KCAB have granted EFVS-based HUDs to descend below published minimums.
Browse full report with TOC@ https://marketreportscenter.com/reports/344111/global-heads-up-display-market-2016-2020
According to the report, rise in demand for multipurpose helicopters for military will be the key driver for market growth. The demand for multipurpose helicopters is growing in the military sector worldwide, as they can be used for air assault, ground attack, medical evacuation missions, search and rescue operations, and transport of troops. Multipurpose helicopters eliminate the need for a particular helicopter for specific operation, reducing the military capital expenditure. Technavio expects that the demand for multipurpose helicopters will grow during the forecast period, with a decline in military spending worldwide.
Further, the report states that reduction in defense spending will be one of the challenges faced by the market. China, France, Russia, Saudi Arabia, and the US are the top five nations that spend heavily on defense. In 2014, majority of the observed drop in military spending was due to slow economic growth and continuous drop in oil prices. The US military spending declined by 2.5% in 2015 compared to 2014. Drop in military spending is also observed in the Middle East, Eastern Europe, and Africa. As a result, the global defense spending decreased by 0.5% in 2014, compared to 2013.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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About Heads-Up Display
An HUD is a display indicator that displays key flight information on a transparent screen positioned in front of the pilot's line of sight. The automotive and aviation are the major application sectors for HUDs because they increase situational awareness and enhance safety margins. The primary components of HUDs are combiner, projector unit, display panel, video generator.
Technavios analysts forecast the global heads-up display market to grow at a CAGR of -26.82%, in terms of revenue during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global heads-up display market 2016-2020. To calculate the market size, the report considers the market analysis and forecast of HUD by end-user, detailed description of technologies that are used to generate images on a screen such as cathode ray tube (CRT), solid state lighting (SSL), optical waveguides, and laser scanning and detailed description of micro display technologies used by HUD manufacturers such as liquid crystal display (LCD), liquid crystal on silicon (LCoS), light-emitting diode (LED), and digital light processing (DLP).
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Connect for more details:
Sam Collins Market Reports Center 1-646-883-3044 (US) info@marketreportscenter.com
Market Reports Center
Sam Collins
1-646-883-3044
sam@marketreportscenter.com
Source: EmailWire.Com
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