Aircraft Display Market Size, Share, Growth, Trend and Forecast to 2032
Report Insights:
· Global air travel demand is expected to double over the next two decades, reaching 8 billion passengers by 2039 according to IATA.
· In March 2022, Honeywell announced its new IntuVue RDR-7000 Weather Radar System has received FAA certification for installation on commercial air transport aircraft. It offers improved clutter suppression and turbulence detection.
· In 2022, Panasonic Avionics announced an agreement with OneWeb that enables Panasonic Avionics to market, sell and support its high-speed, low-latency LEO in-flight broadband services to commercial airlines worldwide.
· In December 2021, Boeing selected Safran’s SIGMA cockpit display system for its new 777X wide-body aircraft, featuring large-format displays and advanced graphics processing.
· In 2021, Collins Aerospace, a Raytheon Technologies business, is increasing the operating efficiency of inflight services, enhancing passenger experience, and reducing cabin touchpoints with its new Electronic Cabin Bag solution. With this new technology, passengers can make service requests and shop in-flight with their personal electronic devices.
· Countries around the world are investing in the modernization of their airports and the expansion of their airline fleets to meet the growing demand for air travel.
· Technological advances are enabling more advanced and capable black box systems with increased data storage and transmission capabilities.
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According to a new report by Univdatos Market Insights, the global aircraft display market is expected to reach USD 2,559.72 million by 2030, growing at a CAGR of 6.25%. An aircraft display is an electronic visual output device used in the cockpit of an aircraft to present flight data and information to the pilots. This Primary Flight Display (PFD) shows the primary flight instrumentation like airspeed, altitude, pitch and roll attitudes, heading, and other essential flight parameters in an integrated and easy-to-scan layout. The other displays such as Engine Indication and Crew Alerting System (EICAS) Display, provide information about the aircraft’s engines, systems status, and any abnormalities or alerts that require pilot action. These displays simplify pilot workflow by combining various instruments into one compact screen, enhancing situational awareness, reducing workload, and improving safety during flight.
“SURGING AIR TRAVEL DEMAND FUELS FLEET EXPANSION”
The aviation sector has witnessed a significant recovery post the COVID-19 outbreak, as the demand for air travel is quickly rebounding to levels seen before the pandemic. With growing disposable income and tourism, the surge in air traffic has also increased worldwide. For instance, according to the report published by IATA, in 2023, the total traffic, measured in revenue passenger kilometers (RPKs), experienced a significant increase of 36.9% compared to the previous year, 2022, and furthermore, as per Airports Council International, the year 2024 is expected to be a milestone for global passenger traffic recovery as it reaches 9.4 billion passengers, surpassing the year 2019. According to the International Air Transport Association (IATA), it is projected that the volume of air passengers will increase twofold in the next twenty years, reaching 8 billion travelers by 2039. In order to meet this growing demand, airlines are actively enhancing and updating their aircraft fleets, leading to a greater requirement for additional aircraft black boxes.
“ENHANCING PASSENGER EXPERIENCES WITH CUTTING-EDGE DISPLAYS”
As the competition in the airline sector grows more intense, carriers are placing a greater emphasis on providing exceptional passenger experiences in order to stand out and appeal to customers. A crucial aspect of this endeavor lies in the implementation of advanced display systems and in-flight entertainment options. Contemporary aircraft cabins are equipped with spacious, high-definition screens at each seat, offering passengers a truly immersive cinematic experience. These displays are also seamlessly integrated with other aircraft systems, allowing passengers to access flight information, interactive maps, and control various cabin functions.
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“EMERGING MARKETS DRIVING DEMAND FOR NEW AIRCRAFT”
The demand for air travel in the Asia-Pacific region, which includes countries like China and India, is experiencing a notable increase. In order to meet this growing demand, airlines in these areas are actively expanding and updating their fleets with the introduction of new aircraft. These modern aircraft are equipped with advanced display systems and state-of-the-art in-flight entertainment systems. They boast large displays, high-resolution content, and seamless connectivity for streaming purposes.
“TECHNOLOGICAL ADVANCEMENTS ENABLING NEXT-GENERATION DISPLAYS”
Aircraft manufacturers and suppliers are leveraging advancements in display technology to provide more advanced display systems. Passengers can now enjoy an immersive viewing experience with high-resolution displays that offer improved contrast ratios and wider color gamuts. Moreover, the development of lighter and more energy-efficient displays allows for larger screen sizes without compromising fuel efficiency. In addition, improved connectivity solutions enable airlines to offer streaming services for entertainment content, thereby enhancing the overall in-flight experience.
“CONCLUSION”
The aircraft display market and in-flight entertainment display market are poised for substantial growth in the coming years, driven by the increasing demand for air travel, airlines’ focus on delivering premium passenger experiences, and technological advancements enabling more advanced display systems and entertainment offerings. As the aviation industry continues to expand and modernize its fleets, the demand for these cutting-edge display solutions will continue to soar, presenting significant opportunities for manufacturers and suppliers in these markets.
