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.
The emergence of the COVID-19 outbreak is leading to lockdown across many countries. The restrictions are restricting the supply chain of military electronics products. Various defense forces are awarding contracts for armored vehicles and other equipment to the manufacturers. Therefore, the recovery period of the COVID-19 pandemic impact on the defense industry is foreseen to be quicker than various other industries. The equipment production is now at a slower pace and is anticipated to gain pace from 2021, which would positively influence defense equipment manufacturing, including the military rugged display.
Request Sample Pages of This Research Study @ https://www.theinsightpartners.com/sample/TIPRE00016080/
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 displays 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), a 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.
During the forecast period from 2020 to 2027, the growth outlook of military rugged display in all the major geographic regions is estimated to be quite positive. However, the market growth is likely to slow down during 2020–2021 due to disruptions in global businesses caused by the ongoing COVID-19 outbreak; to contain the spread of the virus, all major countries in Europe, APAC, and North America are imposing strict restrictions on business activities and the movement of goods and people. These factors are adversely affecting both supply and demand for various components and parts designed for military applications.
Reason to Buy:
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the global military rugged display market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the global military rugged display market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
The List of Companies – Military Rugged Display Market
- Advanced Embedded Solutions Ltd
- Assured Systems Ltd
- Aydin Displays
- Crystal Group, Inc.
- General Digital Corporation
- Hatteland Technology AS
- Neuro Logic Systems, Inc.
- Winmate Inc.
- ZMicro, Inc.
- CP Technologies LLC
Order A Copy Of This Research Study @ https://www.theinsightpartners.com/buy/TIPRE00016080/
The Military Rugged Display Market research study is designed to keep in focus all the major countries. Although all these countries & their market trends were accounted for while composing it, detailed sections are available for only the spearheads. In case if you would be interested in specific countries that are not covered in the current scope, kindly share the list & we can customize the study based on the geographical scope defined by you.
The Insight Partners is a one stop industry research provider of actionable solutions. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are specialist in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
Our research model is very simple. We believe in client servicing and delivering best quality to our customers. Through our research content, we are making sure that our customers get the value of their money along with better quality data and analysis.
Our research content is majorly focused on market trends in terms of market sizing, competitive landscaping, company analysis, regional or country analysis etc. We provide a detailed break-up of segmentation in terms of geography, technology, product and services etc.; which helps our clients to get deeper analysis on various research topics.
Company Name: The Insight Partners
Contact Person: Sameer Joshi
Email: Send Email