Aerospace Helmet Mounted Display Market Trends and Forecast
The future of the global aerospace helmet mounted display market looks promising with opportunities in the commercial and military markets. The global aerospace helmet mounted display market is expected to reach an estimated $7.0 billion by 2030 with a CAGR of 7.1% from 2024 to 2030. The major drivers for this market are increasing demand for enhanced situational awareness in complex air combat scenarios, growing adoption of augmented reality technologies in military and commercial aviation, and advancements in display technology improving resolution, reliability, and user interface.
• Lucintel forecasts that augmented reality is expected to witness higher growth over the forecast period.
• Within this market, commercial is expected to witness the higher growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the Aerospace Helmet Mounted Display Market
• United States: Boeing announced a partnership with Collins Aerospace to develop next-gen helmet mounted displays for military applications, aiming to enhance pilot situational awareness. The US government aims to equip all fighter jets with advanced displays by 2030.
• United Kingdom: BAE Systems unveiled plans to integrate AI into their helmet mounted displays, targeting improved target acquisition capabilities. The UK government has set targets to upgrade existing RAF platforms with these advanced systems by 2025.
• France: Thales Group introduced a lightweight helmet mounted display system, focusing on enhancing pilot comfort and reducing fatigue. The French government is investing in upgrading Mirage and Rafale fighter fleets with these new systems by 2023.
• Russia: Rostec announced advancements in helmet mounted display technology for their MiG and Sukhoi fighter jets, aiming to integrate augmented reality features by 2024. Russian defense targets include equipping next-gen fighters with these displays as standard by 2030.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Aerospace Helmet Mounted Display Market by Segment
The study includes a forecast for the global aerospace helmet mounted display market by technology type, component type, application, and region.
Aerospace Helmet Mounted Display Market by Technology Type [Value from 2018 to 2030]:
• Augmented Reality
• Virtual Reality
Aerospace Helmet Mounted Display Market by Component Type [Value from 2018 to 2030]:
• Processor & Memory
• Controller
• Sensor
• Display
• Lens
• Others
Aerospace Helmet Mounted Display Market by Application [Value from 2018 to 2030]:
• Commercial
• Military
Aerospace Helmet Mounted Display Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Aerospace Helmet Mounted Display Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies aerospace helmet mounted display companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the aerospace helmet mounted display companies profiled in this report include-
• Thales
• LHarris Technologies
• Kopin Corporation
• Gentex Corporation
• Teledyne Technologies
• Excelitas Technologies
• Elbit Systems
• Raytheon Technologies
• BAE Systems
• Aselsan A
Recent Development in the Aerospace Helmet Mounted Display Market
• Elbit Systems: Introduces next-gen helmet-mounted display systems with enhanced night vision capabilities for fighter pilots.
• Thales Group: Launches lightweight helmet-mounted displays integrating augmented reality for enhanced situational awareness in military aircraft.
• BAE Systems: Develops advanced helmet display systems with advanced symbology and connectivity features for improved pilot performance.
• Rockwell Collins (Collins Aerospace): Integrates AI-driven predictive maintenance capabilities into their helmet-mounted displays to reduce downtime and maintenance costs.
• Honeywell International: Unveils a new line of ruggedized helmet displays for commercial helicopter pilots, focusing on durability and ease of use in challenging environments.
Features of the Global Aerospace Helmet Mounted Display Market
Market Size Estimates: Aerospace helmet mounted display market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Aerospace helmet mounted display market size by technology type, component type, application, and region in terms of value ($B).
Regional Analysis: Aerospace helmet mounted display market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different technology types, component types, applications, and regions for the aerospace helmet mounted display market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the aerospace helmet mounted display market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the aerospace helmet mounted display market size?
Answer: The global aerospace helmet mounted display market is expected to reach an estimated $7.0 billion by 2030.
Q2. What is the growth forecast for aerospace helmet mounted display market?
Answer: The global aerospace helmet mounted display market is expected to grow with a CAGR of 7.1% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the aerospace helmet mounted display market?
Answer: The major drivers for this market are increasing demand for enhanced situational awareness in complex air combat scenarios, growing adoption of augmented reality technologies in military and commercial aviation and advancements in display technology improving resolution, reliability, and user interface.
Q4. What are the major segments for aerospace helmet mounted display market?
Answer: The future of the aerospace helmet mounted display market looks promising with opportunities in the commercial and military markets.
Q5. Who are the key aerospace helmet mounted display market companies?
Answer: Some of the key aerospace helmet mounted display companies are as follows:
• Thales
• LHarris Technologies
• Kopin Corporation
• Gentex Corporation
• Teledyne Technologies
• Excelitas Technologies
• Elbit Systems
• Raytheon Technologies
• BAE Systems
• Aselsan A
Q6. Which aerospace helmet mounted display market segment will be the largest in future?
Answer: Lucintel forecasts that augmented reality is expected to witness higher growth over the forecast period.
Q7. In aerospace helmet mounted display market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the aerospace helmet mounted display market by technology type (augmented reality and virtual reality), component type (processor & memory, controller, sensor, display, lens, and others), application (commercial and military), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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