Military Rugged Display Market Revenue to Cross US$ 1,537.21 Million by 2027: The Insight Partners

December 02 22:18 2021
Military Rugged Display Market Revenue to Cross US$ 1,537.21 Million by 2027: The Insight Partners
The Insight Partners
The factor is catalyzing the adoption of rugged displays for military avionics, which is propelling the military rugged display market

According to our latest market study on “Military Rugged Display Market Forecast to 2027 – COVID-19 Impact and Global Analysis – by Product (Smartphones and Handheld Computers, Laptops and Notebooks, Avionics Display, Vehicle Mounted Computer, and Panel PC and Mission Critical Computer), Display Size (Less than 10 Inches, 10–15 Inches, and More than 15 Inches), Screen Type (Touchscreen and Non-Touchscreen), Resolution (High Definition and Full High Definition), and Users (Air Forces, Naval Forces, and Land Forces),” the market was valued at US$ 1,537.21 million in 2019 and is projected to reach US$ 2,647.30 million by 2027; it is expected to grow at a CAGR of 7.4% from 2020 to 2027.  

Strategic Insights        

Report Coverage

Details

Market Size Value in

 US$ 2,647.30 Million in 2019

Market Size Value by

 US$ 1,537.21 Million by 2027

Growth rate

 CAGR of 7.4% from 2020-2027

Forecast Period

 2020-2027

Base Year

 2020

No. of Pages

 201

No. Tables

 156

No. of Charts & Figures

 95

Historical data available

 Yes

Segments covered

 Product, Display Size, Screen Type, Resolution, and Users

Regional scope

 North America; Europe; Asia Pacific; Latin America; MEA

Country scope

 US, UK, Canada, Germany, France, Italy, Australia, Russia, China, Japan, South Korea, Saudi Arabia, Brazil, Argentina

Report coverage

 Revenue forecast, company ranking, competitive landscape, growth factors, and trends

 

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The military rugged display market is segmented into five major regions—North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South America (SAM). North America is expected to hold the largest market share during the forecast period. The market growth in this region is majorly driven by the growing implementation of advanced military rugged display and extensive government investments in the US defense sector. In addition, the presence of major market players such as Aydin Displays, Curtiss-Wright Corp, and General Micro Systems Inc., and reduction in the total cost of ownership (TCO) are among other factors supporting the market growth in North America. Further, the market in APAC is expected to grow at the highest CAGR during the forecast period. The growth is majorly driven by increasing defense budgets and mounting military aircraft modernization efforts.

In October 2019, Hatteland Technology and Kongsberg Defence & Aerospace (KONGSBERG), together, received the contract to deliver 21.5-inch and 32-inch panel computers for military applications. Through Hatteland’s products, the contract confers strategic and tactical advantages to UK submarines and Type 45 Destroyers, the US Coast Guard’s ECDIS (Electronic Chart Display and Information System), and the US Navy’s Littoral Combat Ships. In October 2018, the defense solutions division of Curtiss-Wright optimized its range of advanced video display units (AVDU), high-resolution rugged LCD touch screen with software-configurable capabilities to enhance flexibility and usability. Since video cameras and sensors are increasingly integrated into military airborne platforms, video displays progressively play an important role in determining mission success. Such product developments and collaboration strategies implemented by the companies lead to the growth of the global market.

Impact of COVID-19 Pandemic on Military Rugged Display Market

The recent COVID-19 pandemic crisis is adversely affecting the world and is continuing to shatter several countries. Until the outbreak, the defense industry was experiencing substantial growth in terms of production and services; however, the crisis is disrupting the supply chain and manufacturing of defense products equipment.

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Accentuating Demand for Situational Awareness

Situational awareness or being aware of the location is paramount among the soldiers during the battle. The modern battlefield presents several challenges to situation awareness, which poses a substantial threat to the dismounted soldiers as well as vehicles (land, air, and naval). This is due to the fact that enemies or militant forces are using advanced technologies, which creates challenging situations for armed forces during decision making. Owing to enhance situational awareness among the on-battle soldiers, the demand for rugged devices is consistently growing, supporting the generating a generous amount of demand for the rugged display that functions smoothly under harshest environments. This factor is driving the military rugged display market.

Military Rugged Display Market: Product

Based on the product, the market is segmented into a smartphone and handheld computer, laptop and notebook, avionics display, vehicle-mounted computer, panel PC and mission-critical display. The military rugged displays have escalated the demand for smartphones and handheld computers that are lightweight, thinner, and cheaper; they also feature high reliability and durability. Military rugged displays provide crystal clear picture quality in extreme environmental conditions. These displays enhance direct sunlight readability and work in extremely low light applications; moreover, they are compatible with flexible night vision operations.

Military Rugged Display Market: Competitive Landscape and Key Developments

Advanced Embedded Solutions Ltd, Assured Systems Ltd, Aydin Displays, Crystal Group, Inc., General Digital Corporation, Hatteland Technology AS, Neuro Logic Systems, Inc., Winmate, ZMicro, and CP Technologies are among the key players in the global Military Rugged Display market. The leading companies focus on the expansion and diversification of their market presence, and acquisition of new customer base, thereby tapping prevailing business opportunities.

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In 2020, General Digital Corporation opened a new 48,000 square foot facility East Hartford, Connecticut, US.

In 2020, Curtiss-Wright launched new military grade vehicle mount 7’’ LCD display which as display resolution of 1920×1080.

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