The global military displays market size reached USD 1.23 billion in 2020 and is expected to register a revenue CAGR of 5.6% during the forecast period, according to latest analysis by Emergen Research. Increasing need for advanced systems in military displays for improving military activities and increase in defence spending are major factors driving market revenue growth.
Another factor boosting revenue growth of the market is increase in demand for LCD technology-based military displays. LCD technology military displays are designed and designed to function in a wide range of environmental conditions, vibrations and withstand external elements such as water, snow, dirt and others. Rapid advancements in technology is resulting in deployment of user interface that is intuitive and easy to navigate in tough situations. These are some major factors driving growth of the global military displays market revenue.
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Global Military Displays Market research report offers a panoramic view of the Military Displays Market, regulatory framework, and macro- and micro-economic factors that influence the growth of the industry. The report strives to offer authentic information about the Military Displays Market size, share, product portfolio, revenue estimations, and growth rate. The report has been formulated through extensive primary and secondary research along with verified and reliable data obtained from industry experts and professionals.
Key players in the market include Bae Systems Inc., Aselsan A.S, Thales Group Ltd., Elbit Systems Ltd., Lockheed Martin Corporation, Curtiss-Wright Corporation, Advanced Embedded Solutions Ltd., General Digital Corporation, Crystal Group Inc., and Raytheon Technologies Corporation.
Regional Analysis:
Regional analysis includes an in-depth study of the key geographical regions to gain a better understanding of the market and provide an accurate analysis. The regional analysis covers North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The regional analysis covers the analysis of key market segments, including revenue, CAGR, import/export, supply and demand ratio, production and consumption ratio, industrial chain analysis, and market dynamics in each region of the geographies.
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Key Findings from the Report:
Smart displays segment is expected to expand at a substantially rapid revenue CAGR during the forecast period due to increasing need for advanced systems in military displays for improving military activities. Smart displays are lightweight, and flexible with high resolution which further gives video feeds with a touch screen and voice-command support.
LCD segment is expected to register a significantly robust revenue growth rate over the forecast period as military users are shifting rapidly towards LCDs due to its high durability and flexibility.
North America is expected to account for a larger revenue share than other regional markets over the forecast period due to increasing demand for military displays among military forces in countries in the region.
Emergen Research has segmented global military displays on the basis of product type, type, technology, computer displays, end-use, and region:
Product Type Outlook (Revenue, USD Billion; 2018–2028)
Handheld
Wearables
Vehicle Mounted
Simulators
Computer Displays
Type Outlook (Revenue, USD Billion; 2018–2028)
Smart Displays
Conventional Displays
Technology Outlook (Revenue, USD Billion; 2018–2028)
LED
LCD
AMOLED
OLED
Computer Displays Outlook (Revenue, USD Billion; 2018–2028)
Microdisplays
Small & Medium-Sized Panels
Large Panels
End-Use Outlook (Revenue, USD Billion; 2018–2028)
Naval
Airborne
Land
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Key Questions Answered in the Report:
What will be the estimated growth rate of the Military Displays market by 2028?
Who are the prominent distributors, vendors, and manufacturers of the market?
What are the driving and restraining factors of the growth of the Military Displays market throughout the forecast period?
What are the current and future market trends of the Military Displays market?
What are the sales and price analysis of the product by types, applications, and regions?
ToC of the report:
Chapter 1: Market overview and scope
Chapter 2: Market outlook
Chapter 3: Impact analysis of COVID-19 pandemic
Chapter 4: Competitive Landscape
Chapter 5: Drivers, Constraints, Opportunities, Limitations
Chapter 6: Key manufacturers of the industry
Chapter 7: Regional analysis
Chapter 8: Market segmentation based on type & applications
Chapter 9: Current and Future Trends
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