Aerospace Helmet Mounted Display Market Overview
An aerospace helmet-mounted display is a piece of equipment that shows the pilot targeting and aircraft performance data such as airspeed and altitude. The pilots' situational awareness is enhanced via a helmet-mounted display. This equipment, which was originally designed for fighter, bomber, and other combat aircraft, is now being used in commercial fixed-wing and rotary-wing aircraft, as well as business jets. In the global aerospace helmet-mounted display systems market, the integration of night vision systems and a focus on developing lightweight systems are the dominant trends.
The global aerospace helmet mounted display market is being driven by factors such as increased usage of AR technology in the aviation sector, rising military spending, and rising demand for combat aircraft. Meanwhile, the market expansion is hampered by challenges such as cognitive tunnelling and the rising use of drones. However, the changing nature of modern warfare, from weapon-centric to technology-centric, provides the market with significant growth opportunities.
| Report Metric | Details |
|
Market size available for years |
2023–2030 |
|
Base year considered |
2023 |
|
Forecast period |
2024–2030 |
|
Forecast unit |
Value (USD Million) |
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Segments covered |
Component, Technology, Application, and Region |
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Regions covered |
North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
|
Companies covered |
Raytheon Company, Collins Aerospace, L3 Technologies Inc., Harris Corporation, FLIR Systems, ASELSAN A.Ş, BAE Systems plc, Kopin Corporation, Thales Group, Elbit Systems Ltd. |
Covid-19 Impact on Aerospace Helmet Mounted Display Market
As the COVID-19 pandemic continuing its effect around the world, many defense and aerospace companies are facing its impact during this time around the world. For instance, commercial aviation companies in the U.S., France, Germany, and Canada are facing disruption in the production process and reduced demand as workforces staying at home, passengers stop traveling, and delay in delivery of new aircraft. Analysts expecting a drop from 3,000 to 4,000 aircraft during the pandemic period. On the defense side, contractors operating in the sector are in a better position, hence the impact of the pandemic is likely low in the short to mid-term. However, low demand due to budget constraints affecting the production as in aircraft manufacturing.
Aerospace Helmet Mounted Display Market Segment Overview
Based on Component, the Display segment accounted for the maximum share in the global Aerospace Helmet Mounted Display market. According to technology, the virtual reality segment is anticipated to hold a substantial market share in the forecast period. Furthermore, by application, the military segment is anticipated to grow with the highest CAGR in the forecast period. The growing expenditure for the military by various governments of countries is propelling the growth of the market across the globe.
Aerospace Helmet Mounted Display Market, By Component
· Controller
· Sensor
· Display
· Lens
· Others
Aerospace Helmet Mounted Display Market, By Technology
· Augmented Reality
· Virtual Reality
Aerospace Helmet Mounted Display Market, By Application
· Military
· Non-Military
Aerospace Helmet Mounted Display Regional Overview
In terms of region, North America holds a dominant position in the market and going forward too will likely retain its stronghold. Europe is the second-largest region for the market. Further, the market in the Asia Pacific is projected to rise at a significant rate in the forthcoming years. This is due to the substantial spending in the defence sector and demand from countries such as China, India, and South Korea.
Aerospace Helmet Mounted Display Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Aerospace Helmet Mounted Display Market, Key Players
· Raytheon Company
· Collins Aerospace
· L3 Technologies Inc.
· Harris Corporation
· FLIR Systems
· ASELSAN A.Ş
· BAE Systems plc
· Kopin Corporation
· Thales Group
· Elbit Systems Ltd
Frequently Asked Questions (FAQ) :
Q1. What are the driving factors for the Air Ambulance market?
The global aerospace helmet mounted display market is being driven by factors such as increased usage of AR technology in the aviation sector, rising military spending, and rising demand for combat aircraft.
Q2. What are the restraining factors for the Air Ambulance market?
Market expansion is hampered by challenges such as cognitive tunnelling and the rising use of drones.
Q3. Which segment is projected to hold the largest share in the Air Ambulance Market?
The display segment is projected to hold the largest share in the Air Ambulance Market.
Q4. Which region holds the largest share in the Air Ambulance market?
North America held the largest share in the global Air Ambulance market
Q5. Which are the prominent players in the Air Ambulance Market?
Raytheon Company, Collins Aerospace, L3 Technologies Inc., Harris Corporation, FLIR Systems, ASELSAN A.Ş, BAE Systems plc, Kopin Corporation, Thales Group, Elbit Systems Ltd. are some key players in the Air Ambulance Market.
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Aerospace Helmet Mounted Display Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Component
- 5.2.1. Controller
- 5.2.2. Sensor
- 5.2.3. Display
- 5.2.4. Lens
- 5.2.5. Others
- 5.3. Market Analysis, Insights and Forecast – By Technology
- 5.3.1. Augmented Reality
- 5.3.2. Virtual Reality
- 5.4. Market Analysis, Insights and Forecast – By Application
- 5.4.1. Military
- 5.4.2. Non-Military
- 5.5. Market Analysis, Insights and Forecast – By Region
- 5.5.1. North America
- 5.5.2. Europe
- 5.5.3. Asia Pacific
- 5.5.4. Latin America, Middle East and Africa
6. North America Aerospace Helmet Mounted Display Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Component
- 6.2.1. Controller
- 6.2.2. Sensor
- 6.2.3. Display
- 6.2.4. Lens
- 6.2.5. Others
- 6.3. Market Analysis, Insights and Forecast – By Technology
- 6.3.1. Augmented Reality
- 6.3.2. Virtual Reality
- 6.4. Market Analysis, Insights and Forecast – By Application
- 6.4.1. Military
- 6.4.2. Non-Military
- 6.5. Market Analysis, Insights and Forecast – By Country
- 6.5.1. U.S.
- 6.5.2. Canada
7. Europe Aerospace Helmet Mounted Display Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Component
- 7.2.1. Controller
- 7.2.2. Sensor
- 7.2.3. Display
- 7.2.4. Lens
- 7.2.5. Others
- 7.3. Market Analysis, Insights and Forecast – By Technology
- 7.3.1. Augmented Reality
- 7.3.2. Virtual Reality
- 7.4. Market Analysis, Insights and Forecast – By Application
- 7.4.1. Military
- 7.4.2. Non-Military
- 7.5. Market Analysis, Insights and Forecast – By Country
- 7.5.1. UK
- 7.5.2. Germany
- 7.5.3. France
- 7.5.4. Italy
- 7.5.5. Spain
- 7.5.6. Russia
- 7.5.7. Rest of Europe
8. Asia Pacific Aerospace Helmet Mounted Display Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Component
- 8.2.1. Controller
- 8.2.2. Sensor
- 8.2.3. Display
- 8.2.4. Lens
- 8.2.5. Others
- 8.3. Market Analysis, Insights and Forecast – By Technology
- 8.3.1. Augmented Reality
- 8.3.2. Virtual Reality
- 8.4. Market Analysis, Insights and Forecast – By Application
- 8.4.1. Military
- 8.4.2. Non-Military
- 8.5. Market Analysis, Insights and Forecast – By Country
- 8.5.1. China
- 8.5.2. India
- 8.5.3. Japan
- 8.5.4. Australia
- 8.5.5. South East Asia
- 8.5.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Aerospace Helmet Mounted Display Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Component
- 9.2.1. Controller
- 9.2.2. Sensor
- 9.2.3. Display
- 9.2.4. Lens
- 9.2.5. Others
- 9.3. Market Analysis, Insights and Forecast – By Technology
- 9.3.1. Augmented Reality
- 9.3.2. Virtual Reality
- 9.4. Market Analysis, Insights and Forecast – By Application
- 9.4.1. Military
- 9.4.2. Non-Military
- 9.5. Market Analysis, Insights and Forecast – By Country
- 9.5.1. Brazil
- 9.5.2. Saudi Arabia
- 9.5.3. UAE
- 9.5.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Raytheon Company
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Collins Aerospace
- 10.6. L3 Technologies Inc.
- 10.7. Harris Corporation
- 10.8. FLIR Systems
- 10.9. ASELSAN A.Ş
- 10.10. BAE Systems plc
- 10.11. Kopin Corporation
- 10.12. Thales Group
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
