Market Overview:
The global multi-function display market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for portable MFDs, helmet-mounted MFDs, and electronic fight MFDs across different applications such as automobiles, military, aerospace, and others. Additionally, the growing demand for advanced displays with features such as high resolution and color accuracy is also contributing to the growth of this market. However, factors such as high installation costs and lack of standardization are restraining the growth of this market.
Product Definition:
A multi-function display (MFD) is a type of electronic display device that combines the functions of several different devices into one unit. An MFD may include features such as an airspeed indicator, altimeter, artificial horizon, attitude indicator, directional gyroscope, engine instruments, horizontal situation indicator (HSI), and vertical speed indicator. Multi-function displays are used in aircraft and boats to provide pilots with vital information about their flight or voyage.
Portable:
The global multi-function display market size was valued at USD 8.0 billion in 2015 and is expected to grow at a CAGR of XX% from 2016 to 2024. The increasing demand for smartphones, tablets, and other portable devices is the key growth factor for this industry.
Helmet-mounted:
Helmet-mounted display (HMD) is a transparent display that is mounted on the helmet of an operator. The primary function of HMD includes viewing and targeting with the help of electronic devices such as night vision goggles or monocular. It can also be used in conjunction with thermal imaging devices, communication systems, and weapon systems. In addition to these basic functions, it also provides information pertaining to environmental conditions such as temperature, air pressure etc.
Application Insights:
The automobile application segment accounted for the largest share of over 30.0% in 2017. The growing need for advanced safety features, such as lane departure warning systems and driver assistance systems is expected to drive the demand for multi-function displays over the forecast period. Furthermore, increasing government initiatives towards reducing road accidents are further anticipated to propel market growth during the forecast period.
The military application segment is expected to expand at a CAGR of XX% from 2018 to 2030 owing to various advantages offered by these devices such as enhanced situational awareness and battlefield management capabilities in combat zones across Middle East and Africa regions which are witnessing constant warfare activities on a daily basis since past few years. In addition, growing defense expenditure across countries including China India & Australia due to political uncertainty is further anticipatedto boost product demand during the forecast period (2017 To 2030).
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The region is expected to continue its dominance over the forecast period owing to increasing demand for MFDs from major application sectors, such as automotive and aerospace & defense. Moreover, rising investments by companies for developing advanced technologies are also contributing toward regional growth.
Asia Pacific is anticipated to witness significant growth over the coming years due to technological advancements and increased focus on enhancing passenger safety standards across various industries in this region. Furthermore, growing adoption of these systems by OEMs based out of Asia Pacific countries such as China and Japan is further propelling product demand within this region.
Growth Factors:
- Increasing demand for Multi-Function Display in the automotive sector as it offers a better driving experience.
- Growing demand for Multi-Function Displays from the military and defense sector due to its high performance and reliability.
- Increasing adoption of Multi-Function Displays in medical applications as they offer superior image quality and accuracy.
- Rising demand for Multi-Function Displays from the consumer electronics segment owing to their growing popularity among end users.
Scope Of The Report
Report Attributes
Report Details
Report Title
Multi-Function Display Market Research Report
By Type
Portable, Helmet-mounted, Electronic Fight, Others
By Application
Automobile, Military, Aerospace, Others
By Companies
Avidyne, BAE, Honeywell, Rockwell Collins, Universal Avionics Systems, SAAB, Thales, Garmin, Barco, Raymarine
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Multi-Function Display Market Report Segments:
The global Multi-Function Display market is segmented on the basis of:
Types
Portable, Helmet-mounted, Electronic Fight, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automobile, Military, Aerospace, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Avidyne
- BAE
- Honeywell
- Rockwell Collins
- Universal Avionics Systems
- SAAB
- Thales
- Garmin
- Barco
- Raymarine
Highlights of The Multi-Function Display Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Portable
- Helmet-mounted
- Electronic Fight
- Others
- By Application:
- Automobile
- Military
- Aerospace
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Multi-Function Display Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A multi-function display (MFD) is a type of electronic display that can perform more than one task. Some MFDs include features such as weather forecasts, navigation tools, and digital clock displays.
Some of the key players operating in the multi-function display market are Avidyne, BAE, Honeywell, Rockwell Collins, Universal Avionics Systems, SAAB, Thales, Garmin, Barco, Raymarine.
The multi-function display market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Multi-Function Display Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Multi-Function Display Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Multi-Function Display Market - Supply Chain
4.5. Global Multi-Function Display Market Forecast
4.5.1. Multi-Function Display Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Multi-Function Display Market Size (000 Units) and Y-o-Y Growth
4.5.3. Multi-Function Display Market Absolute $ Opportunity
5. Global Multi-Function Display Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Multi-Function Display Market Size and Volume Forecast by Type
5.3.1. Portable
5.3.2. Helmet-mounted
5.3.3. Electronic Fight
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Multi-Function Display Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Multi-Function Display Market Size and Volume Forecast by Application
6.3.1. Automobile
6.3.2. Military
6.3.3. Aerospace
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Multi-Function Display Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Multi-Function Display Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Multi-Function Display Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Multi-Function Display Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Multi-Function Display Demand Share Forecast, 2019-2029
9. North America Multi-Function Display Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Multi-Function Display Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Multi-Function Display Market Size and Volume Forecast by Application
9.4.1. Automobile
9.4.2. Military
9.4.3. Aerospace
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Multi-Function Display Market Size and Volume Forecast by Type
9.7.1. Portable
9.7.2. Helmet-mounted
9.7.3. Electronic Fight
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Multi-Function Display Demand Share Forecast, 2019-2029
10. Latin America Multi-Function Display Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Multi-Function Display Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Multi-Function Display Market Size and Volume Forecast by Application
10.4.1. Automobile
10.4.2. Military
10.4.3. Aerospace
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Multi-Function Display Market Size and Volume Forecast by Type
10.7.1. Portable
10.7.2. Helmet-mounted
10.7.3. Electronic Fight
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Multi-Function Display Demand Share Forecast, 2019-2029
11. Europe Multi-Function Display Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Multi-Function Display Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Multi-Function Display Market Size and Volume Forecast by Application
11.4.1. Automobile
11.4.2. Military
11.4.3. Aerospace
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Multi-Function Display Market Size and Volume Forecast by Type
11.7.1. Portable
11.7.2. Helmet-mounted
11.7.3. Electronic Fight
11.7.4. Others
11.8. Basis Pint Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Multi-Function Display Demand Share, 2019-2029
12. Asia Pacific Multi-Function Display Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Multi-Function Display Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Multi-Function Display Market Size and Volume Forecast by Application
12.4.1. Automobile
12.4.2. Military
12.4.3. Aerospace
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Multi-Function Display Market Size and Volume Forecast by Type
12.7.1. Portable
12.7.2. Helmet-mounted
12.7.3. Electronic Fight
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Multi-Function Display Demand Share, 2019-2029
13. Middle East & Africa Multi-Function Display Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Multi-Function Display Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Multi-Function Display Market Size and Volume Forecast by Application
13.4.1. Automobile
13.4.2. Military
13.4.3. Aerospace
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Multi-Function Display Market Size and Volume Forecast by Type
13.7.1. Portable
13.7.2. Helmet-mounted
13.7.3. Electronic Fight
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Multi-Function Display Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Multi-Function Display Market: Market Share Analysis
14.2. Multi-Function Display Distributors and Customers
14.3. Multi-Function Display Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Avidyne
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. BAE
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Honeywell
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Rockwell Collins
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Universal Avionics Systems
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. SAAB
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Thales
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Garmin
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Barco
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Raymarine
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
