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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However, decreasing availability of logistics in border areas is expected to hamper the market growth during the forecast period.
The Global Military Displays Market Research Report provides a brief overview inclusive of the competitive landscape and key developments, policies, manufacturing costs, and processes. The report also provides the analysis of import/export, production and consumption ratio, supply and demand, cost, price, estimated revenue, and gross margins. The report further discusses in detail the driving factors influencing the growth of the market currently and in the coming years.
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.
Global Military Displays Market Report – Table of Contents:
Chapter 1 includes the global Military Displays market introduction, followed by the market scope, product offerings, growth opportunities, market risks, driving forces, and others.
Chapter 2 broadly categorizes the Military Displays market on the basis of geography, and determines the sales, revenue, and market shares of each region over the estimated period.
Chapter 3 elaborates on the competitive outlook of the Military Displays market, focusing on the major manufacturers and vendor landscape.
Chapter 4 exhaustively studies the key manufacturers of the Military Displays industry, along with their anticipated sales and revenue shares.
Chapters 5 includes market segmentation based on product type, application range, and market players.
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)
Type Outlook (Revenue, USD Billion; 2018–2028)
Technology Outlook (Revenue, USD Billion; 2018–2028)
Computer Displays Outlook (Revenue, USD Billion; 2018–2028)
Small & Medium-Sized Panels
End-Use Outlook (Revenue, USD Billion; 2018–2028)
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.
Regional Bifurcation of the Military Displays Market Includes:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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