Military Displays Market: Overview
Display manufacturers are exploring new systems architectures to meet the stringent EMC regulations and military specifications in developing displays for the defense services. The opportunities in the military displays market have grown on the back of rise in investments in new digital video and communication. Advancements in open standard systems and emergence of new industrial electronics technologies are enriching the prospects of the military displays market.
Ruggedness, and being lightweight, and recalcitrant to extreme weather are some of the key product characteristics manufacturers of military displays are focusing on to meet the end-user demand in the military displays market. Indeed, the adoption of new materials and system architectures for these displays have advanced the capabilities of products in the military displays market. Furthermore, the advent of ergonomic designs to meet the requirements of displays in various military shelters is enriching the marketplace. Some of the major areas of applications are in ground control stations, maritime, and air traffic control operations. Defense contractors in various developed countries are keenly supporting access to military displays that comply with the latest IEC609945 standards.
Some of the key product categories in the military displays market are wearable, handheld, vehicle mounted, and simulators.
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Military Displays Market: Drivers, Current Growth Dynamics, Lucrative Avenues
Players in the global military displays market are witnessing significant profit margins from the growing commercialization of commercial off-the-shelf products. Advancements in system architectures are opening new avenues for catering to the demand for next-gen integrated display functions. The adoption of LCD screens with NATO Generic Vehicle Architecture (GVA) have boosted the growth of the military displays market.
Night vision technologies with adjustable brightness are expected to be key attractiveness features for end users. The military displays market has witnessed substantial opportunities in ground vehicles. The demand for rack-mountable displays has also gathered steam. The demand for custom displays is expected to open up lucrative avenues for players in the military displays market. Advancements in LCD technologies have set the tone for product innovation in the military displays market.
Military Displays Market: Competition Landscape and Key Developments
Constant focus on product innovation by players in the military displays market is likely to meet the emerging requirements in the military displays market. A prominent manufacturer of military displays Industrial Electronic Engineers, IEE, is set to showcase its next-gen field-tested military display product in the upcoming 2021 AUSA Annual Meeting and Exposition in Washington. The product is aimed at meeting the requirements of airborne and ground applications. The product, the company claims, meets Sensor Open Systems Architecture (SOSA) and C5ISR/EW Modular Open Suite of Standards (CMOSS).
Several other players in the military displays are exploiting Open Standards to develop rugged displays with several features. Top players are utilizing the field-prove COTS elements and are unveiling advanced technologies for military displays.
Some of the key players in the military displays market are Lockheed Martin, BAE Systems, Elbit Systems, Raytheon Technologies Corporation.
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Military Displays Market: Regional Landscape
North America is one of the lucrative markets. The presence of a few globally prominent players in the region has enriched the landscape of the North America military displays market. The growth is propelled by the massive appetite for next-gen displays for the defense forces. A vibrant defense contractor ecosystem has also bolstered the prospects of the regional market.
Asia Pacific is one of the emerging military displays markets. In recent years, the investments in military sector in acquiring the next-gen digital communication technologies have been fueling the growth prospects of the regional market. China, India, and the U.S. are some of the key country markets that will fetch players sizable revenues in the military displays market throughout the forecast period.
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