Military Displays Market by Grade, by End-Use Industry and by Region - Global Trends and Forecasts to 2028

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Increasing need for advanced systems in military displays for improving military capabilities and increase in defence spending are some key factors driving growth

The global military displays market size reached USD 1.23 billion in 2020 and is expected to register a revenue CAGR of 5.6% during the forecast period, according to latest analysis by Emergen Research. Increasing need for advanced systems in military displays for improving military activities and increase in defence spending are major factors driving market revenue growth.

Another factor boosting revenue growth of the market is increase in demand for LCD technology-based military displays. LCD technology military displays are designed and designed to function in a wide range of environmental conditions, vibrations and withstand external elements such as water, snow, dirt and others. Rapid advancements in technology is resulting in deployment of user interface that is intuitive and easy to navigate in tough situations. These are some major factors driving growth of the global military displays market revenue.

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Competitive Outlook:

The global Military Displays Market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector.  The global Military Displays Market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers acquisitions, new product launches, and joint ventures.

Key players in the market include Bae Systems Inc., Aselsan A.S, Thales Group Ltd., Elbit Systems Ltd., Lockheed Martin Corporation, Curtiss-Wright Corporation, Advanced Embedded Solutions Ltd., General Digital Corporation, Crystal Group Inc., and Raytheon Technologies Corporation.

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Emergen Research has segmented global military displays on the basis of product type, type, technology, computer displays, end-use, and region:

Product Type Outlook (Revenue, USD Billion; 2018–2028)

Handheld

Wearables

Vehicle Mounted

Simulators

Computer Displays

Type Outlook (Revenue, USD Billion; 2018–2028)

Smart Displays

Conventional Displays

Technology Outlook (Revenue, USD Billion; 2018–2028)

LED

LCD

AMOLED

OLED

Computer Displays Outlook (Revenue, USD Billion; 2018–2028)

Microdisplays

Small Medium-Sized Panels

Large Panels

End-Use Outlook (Revenue, USD Billion; 2018–2028)

Naval

Airborne

Land

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Regional Analysis:

The report further examines the market in the key regions of the world with regard to production and consumption patterns, import/export, supply and demand ratio, revenue generation, market share and size, and presence of prominent players in the regions. The report also covers the expansion plans undertaken by companies in the regions under the regional analysis section.

Key regions in the market include:

North America

U.S.

Canada

Europe

U.K.

Italy

Germany

France

Rest of EU

Asia Pacific

India

Japan

China

South Korea

Australia

Rest of APAC

Latin America

Chile

Brazil

Argentina

Rest of Latin America

Middle East Africa

Saudi Arabia

U.A.E.

South Africa

Rest of MEA

Key Questions Addressed in the Report:

Who are the leading players in the Military Displays industry?

Which region is expected to dominate the market in the coming years?

What are the key applications of Military Displays?

Which segment is expected to garner traction during the coming years?

What are the key strategies adopted by leading players in the market?

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