The most essential part of driving and flying are being able to see well and knowing where you are going. The head-up display is a technology that works with both of these notions in mind and it is expected to optimize the view of the pilot or the driver. Head-Up Display (HUD) is a transparent display that projects a seamless view of critical and valuable details for the pilots. These displays are majorly applied in the aircraft and automobiles. HUD is also known as, HGS (Head-up Guidance system), HFDS (Head-up flight display system), and VGS (Visual Guidance system). A computerized head-up display is trending in the aviation and the aerospace industries, these digital HUDs displays information in the line-in-sight of the pilot, on screen or by means of a separate display. Also, the head-up display systems projects images, supporting information, and data to the pilot in such a way that the pilot can view both the information and the outside environment at the same time. According to the International Air Transport Association (IATA), almost 39,000 aircraft will be manufactured by 2027, among them, 17,000 will apply the advanced head-up display technique. With the growing number of commercial, civil, space, and military aircraft, the demands for head-up display are also shooting up. The global aerospace HUD market size was $355.73 million in 2018 and the demands in the market are projected to grow at a CAGR of 2.96% during the forecast period. HUDs in aircraft are very important as they display essential data, symbols, and pieces informations such as weather, navigation, speed, height, and different angles of flight and more. These systems become paramount in cases of zero-visibility or no natural vision during take-off and landings. Thus, the application of HUDs in aircraft is optimizing the process and operations involved in the aerospace industry.
Aerospace HUD Market Geographical Analysis
North America was the most lucrative region in the global aerospace HUD market. The region was accounted for 42.96% share of the total marketplace. The majority of the demands were witnessed from the United States, because of the allotment of heavy aerospace and military budget by the government in the country. However, heavy demands for HUDs are anticipated from the Asia-Pacific region. The Chinese government has made the use of HUD compulsory in their airspace. The high pollution, unfavorable weather conditions, and growing air traffic in the country have forced the authorities to consider the mandatory application of HUDs. This mandate is probable to affect the flights going to China from different international locations as the international flights will also need to incorporate HUDs to continue their operations in China. The Thales Group which provides HUDs for the Chinese aircraft stated that during 2016 to 2020, 50% of the flights operating in China will be equipped with HUDs and by 2025, the country aims to attain an aircraft fleet which is completely equipped with a heads-up display.
Major Application Segment in the Global Aerospace HUD Market
Aerospace HUDs find their major application the civil aircraft, and the virtue of civil aircraft is projected to grow at a CAGR of 3.55% during the forecast period. According to the Aircraft Owners and Pilots Association (AOPA), more than 220,000 civil aircraft flying in the United States, and this number is on a constant rise. As per the statistics released by The International Air Transport Association (IATA), the number of air passengers in 2017, reached the mark of 4.1 billion supported by developments in the global economic landscape. Moreover, the International Civil Aviation Organization projected the global air passenger traffic will grow at 4.3% from 2015 to 2035. Undoubtedly, a humungous fleet of civil aircraft will be employed to cater to the growing air passengers, thereby, inducing demands for the raw material required for building aircraft including the head-up display that will further support the growth in the global aerospace HUD market.
Top Trends in the Aerospace HUD Market
Aerospace HUD Market Competitive Landscape
The companies influencing the aerospace HUD market are BAE Systems, Thales Group, Collins Aerospace (United Technologies), Elbit Systems, Excelitas Technologies Corp, Honeywell Aerospace (Honeywell International Inc), Esterline Technologies Corporation, Saab AB, Garmin Ltd, SELEX Galileo Inc.
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