Glass Cockpit Market by Aircraft Type (Cargo, Fighter, Helicopter, Air Transport, General Aviation, Trainer, Business Jet)
Industry: Semiconductor Electronics
Published Date: March-2023
Format: PPT*, PDF, EXCEL
Delivery Timelines: Contact Sales
Number of Pages: 250
Report ID: PMRREP33403
The Global Glass Cockpit Market size is estimated to be valued at US$ 3.0 billion by 2032. It is likely to exhibit a CAGR of 4.5% from 2022 to 2032. It surpassed a valuation of US$ 1.9 billion in 2022.
Despite the worldwide economic recession, global defense spending increased in 2021 backed by geopolitical unrest and border disputes. In order to strengthen their aerial capabilities, armed services are investing more money into new generations of military aircraft. It is set to boost the market for digital glass cockpit systems for aircraft throughout the assessment period.
Over the past five years, cockpit technology has evolved significantly. Modern electronic glass cockpit systems give the pilot access to more information than analogue systems did. Glass cockpit systems are being used by the armed services to update their current fleet owing to these benefits.
Cockpit display systems and electrical flight data systems are other names for digital glass cockpits. Digital flight sensor monitors, most of which are LCD screens, make up the systems.
Digital glass cockpit technology makes use of numerous displays that are controlled by aircraft management systems. They can be customized to show data about different aspects of flying as needed by the pilot.
Military aircraft are using multi-functional displays more frequently as a result of the advantages they offer to pilots. Contemporary military aircraft cockpits contain all-glass, complex multi displays to enhance video and imaging capabilities.
This allows pilots to view a variety of video sources, including outward monitor processing units and multimedia sensors. These include cameras, satellite tracking, infrared sensors, and armaments depending on their needs.
To improve pilot situational awareness, contemporary military aircraft are outfitted with a variety of multi-functional screens. For instance, Russia announced the development of their innovative Checkmate fighter in July 2021. The initial flight is anticipated to launch in 2023, whereas serial production is anticipated to start in 2026.
Attributes | Key Insights |
---|---|
Glass Cockpit Market Estimated Size (2022E) |
US$ 1.9 billion |
Projected Market Valuation (2032F) |
US$ 3.0 billion |
Value-based CAGR (2022 to 2032) |
4.5% |
USA Value-based CAGR (2022 to 2032) |
3.4% |
As per a report by Persistence Market Research (PMR), the global glass cockpit market exhibited a moderate CAGR of 2.1% from 2017 to 2021. It is projected to showcase decent growth from 2022 to 2032 by showcasing 4.5% CAGR.
In recent years, the aerospace industry has led the way in integrating cockpit displays. From 2017 to 2021, there was a noticeable growth in the need for customized cockpit displays. From 2022 to 2032, there is anticipated to be an even greater increase in terms of demand.
Aircraft cockpit display systems provide sophisticated graphical interfaces with avionics and human gestures, enhancing human-machine interaction. Need for cockpit displays systems has increased as a result of technological advancements since they allow better human-machine interfaces.
These systems provide pilots with the information they require. It includes airstream incidence, aircraft height, and airspeed, to increase flight safety and efficacy.
Why is the United States of America Showcasing High Demand for Glass Cockpit Instruments?
The United States of America glass cockpit market is expected to be worth US$ 957.2 million by 2032. It is likely to create an absolute dollar growth of US$ 273.0 million in the next ten years.
The United States of America showcased growth at a CAGR of 0.7% from 2017 to 2021. It is estimated to expand at a CAGR of 3.4% from 2022 to 2032.
PT Dirgantara and Collins Aerospace of the United States of America inked a contract in November 2022 to upgrade C-130H aircraft of the Indonesian Air Force with Flight2 digital cockpits. Flight2 creates a modern digital glass cockpit using a federated analogue system.
Thanks to its distinctive screens, combined military/civilian flight management software, and computed air release point precise airdrop software, Flight2 delivers cutting-edge capabilities. They comprise the area navigation flight management system, needed navigation performance, and area navigator aircraft control system with high altitude release point. It is also regarded as the market's most cost-effective and limited CNS/ATM upgrading alternative.
Is the United Kingdom a Significant Hub for Glass Cockpit Display Manufacturers?
The United Kingdom glass cockpit market is estimated to cross a valuation of US$ 149.0 million by 2032. It is set to create an incremental opportunity of US$ 45.5 million from 2022 to 2032.
The United Kingdom market exhibited moderate growth at a CAGR of 1.0% from 2017 to 2021. It is expected to surge at a CAGR of 3.7% between 2022 and 2032.
Thales United Kingdom, for instance, introduced helmet mounted displays for aircraft. Its product, Top Owl seamlessly connects the pilot, outside environment, weaponry, and avionics system for high operational coordination. It has already been battle-tested in high-risk war zones.
Scorpion, on the other hand, is a reasonably priced, quickly installable head-mounted display that works with both fixed and rotary wing systems. With the aid of technology that has previously been tested in military settings, Scorpion improves situational awareness and eyesight to guarantee mission success.
Is China Exhibiting Surging Sales of Aircraft Cockpit Displays?
China glass cockpit market is expected to exceed a valuation of US$ 252.5 million by 2032. It is set to create an absolute dollar opportunity of US$ 104.5 million in the evaluation period.
China exhibited growth at a CAGR of 3.5% from 2017 to 2021. It is predicted to expand at a CAGR of 5.5% from 2022 to 2032.
The market for glass cockpits in China is anticipated to expand as new technologies are developed. The country is making considerable investments in the study and creation of cutting-edge technology such as artificial intelligence. It is further expected to augur well for the market.
Glass cockpit systems are anticipated to improve with the addition of new technology, giving pilots access to more sophisticated features and capabilities. Due to these factors, the market is set to develop significantly over the next ten years. Need for glass cockpit systems is likely to rise as airlines work to update existing fleets and implement new technology, thereby creating potential for businesses in this sector.
Which is the Most Preferred Display Size of Glass Cockpits?
By display size, the 5 inches to 10 inches segment is projected to witness significant growth in the evaluation period. It has several applications in the aviation and aerospace & defense sectors.
CAGR of the 5 inches to 10 inches segment was around 1.9% from 2017 to 2021. It is predicted to expand to around 4.1% from 2022 to 2032.
Which is the Leading Type of Glass Cockpit Display Worldwide?
Based on display type, the primary flight display segment is projected to drive the global market by 2032. Ongoing expansion of the aerospace and defense industry can be connected to surging demand.
CAGR of the primary flight display segment was around 2.0% from 2017 to 2021. It is projected to elevate by 4.3% from 2022 to 2032. Rapid development of military glass cockpit displays is also anticipated to present profitable prospects.
Glass cockpit manufacturers are set to provide excellent customer support and service to enhance the customer experience and build loyalty. Their strategies include offering technical support, training, and maintenance services.
They are also continuously investing in research & development activities to improve their products and stay ahead of their competitors. They are looking to develop new features, improve user interfaces, or optimize performance.
A few recent developments in the glass cockpit market are:
Attribute | Details |
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Estimated Market Size (2022) |
US$ 1.9 billion |
Projected Market Valuation (2032) |
US$ 3.0 billion |
Value-based CAGR (2022 to 2032) |
4.5% |
Forecast Period |
2022 to 2032 |
Historical Data Available for |
2017 to 2021 |
Market Analysis |
Value (US$ billion) |
Key Regions Covered |
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Key Countries Covered |
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Key Segments Covered |
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Key Companies Profiled |
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Report Coverage |
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By Aircraft Type:
By Display Type:
By Display Size:
By Region:
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The global glass cockpit industry was reported at US$ 1.9 billion in 2021.
The global glass cockpit industry was valued at US$ 1.9 billion in 2022.
The global glass cockpit industry is expected to reach a valuation of US$ 3.0 billion by 2032.
The global glass cockpit industry registered a CAGR of 2.1% over the last 4 years.
The global glass cockpit industry is projected to witness a CAGR of 4.5% from 2022 to 2032.
Primary flight display type segment is expected to garner a significant value share by 2022.
China glass cockpit industry would expand at a CAGR of around 5.5% from 2022 to 2032.
The USA glass cockpit industry is set to increase at a CAGR of around 3.4% from 2022 to 2032.
The glass cockpit industry in South Korea will broaden at a CAGR of around 4.9% and there will be a CAGR of 4.0% in Japan from 2022 to 2032.