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Garmin Ltd. and Rockwell Collins, Inc. hold a significant share of over 19% in the cockpit display industry. Garmin Ltd. specializes in wearables, avionics, and GPS navigation. It provides a broad range of cutting-edge solutions catered to different aviation industry areas. Primary Flight Displays (PFDs), MFDs, and integrated avionics suites are among the cockpit displays offered by the company to meet the needs of general aviation, business aviation, and commercial aircraft operators.
Rockwell Collins, Inc. is an aerospace and defense company, specializing in avionics, communications, and information management systems. To improve pilot situational awareness, operational efficiency, and safety, the company offers a wide range of cockpit displays, such as HUDs, Head-down Displays (HDDs), and MFDs.
Major players operating in the industry are:
North America industry accounted for over 33% market share in 2023 and is estimated to depict substantial gains between 2024 and 2032, on account of the constant investments in automotive and aerospace R&D and manufacturing sectors.
The driver-assist cockpit display type in the cockpit display industry is projected to account for over 58% CAGR between 2024 and 2032, due to their ability to offer real-time data, alarms, and visual cues to enhance decision-making during aircraft or vehicle operations.
The less than 5 inches display segment in the cockpit display industry is estimated to expand at over 6.9% CAGR from 2024 to 2032, owing to their wide use to communicate additional data including backup instrumentation, secondary navigation data, or system monitoring.
Industry size for cockpit display was worth over USD 9 billion in 2023 and is projected to expand at over 6.1% CAGR from 2024 to 2032, owing to the advancements in avionics technology, increasing demand for modern aircraft, and the rising focus on enhancing pilot situational awareness.