Military Displays Market

The Military Displays Market was valued at USD 980 Million in 2020 and expected to grow at a 4.9% CAGR during 2021-2028.

Introduction of the Military Displays Market Report

Military displays are designed to use in ground control stations and other military shelters. These displays are mounted on vehicles or in military sites for training, simulation, and surveillance. These displays have their applications in land, aircraft, and naval operation. These displays are specially designed to operate in harsh environments such as high temperature, strong vibration, wet and dusty conditions.

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Market Dynamic

Key Drivers and Emerging Trends

Technological advancement is one of the major factors for driving the military displays market. These displays come with several advance features such as improved impact resistance, durability, dust, readability in direct sun, strength and easy to install. Moreover, military displays are widely used to monitor military operations, keep an eye on enemies, and are expected to handle data fast and effectively, which can further drive the market growth. For instance, Seatronx Company produces military displays for defense and navy applications such as 4K military displays for clearest viewing, mobile monitors for broadcast, and other products.
Additionally, advancement in technology and investment in R&D activities have evolved the innovations in military displays. These display innovations continue to prove indispensable as the military develops intelligence systems, threat detection, surveillance, and suppression operations. For instance, General digital company produces displays uniquely equipped with highly specialized capabilities for use within tanks, submarines, aircraft, helicopters, fighter jets, and all types of the autonomous vehicle.

Restraint in the Military Displays Market

However, military displays technology moves at a slow pace as it faces many standards and regulations, testing periods, cost restrictions and extensive deployment time which can be a restricting factor for the market growth of military displays.

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End-Use – Segment Analysis

Based on end-use, the land segment is anticipated to grow at higher CAGR during the forecast period. The need for using military displays on land is to monitor operations and identify enemies. The advanced features in the display, such as dust and moisture resistance, higher display brightness, wide temperature range, and low-power consumption are needed on land. For instance, manufacturer such as Zmicro produces products like IDS Series and Hydra Series designed to operate in ground control stations and for use in ground vehicles. It offers features such as a multi-monitor display, a low-latency video controller for indirect vision, and is lightweight.

Technology – Segment Analysis

Based on technology, the LCD segment is projected to witness higher sales in the coming years. The factor for the growth of the segment is propelled by its optimization for maximum performance, durability, and reliability. LCD modules increase the screens’ resistance to prevent it from scratches, dust, and fluids. For instance, EIZO develops military-grade LCD monitors which offer real-time image enhancement capabilities, surface coatings for optimal viewing clarity and are compatible with Night Vision Goggles (NVIS) for night-time missions.

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Regional – Segment Analysis

Based on region, the North America region is expected to grow as the largest market for Military Displays globally during the forecast period. The factor significantly growing the demand is the presence of major Military Displays companies in US including Lockheed Martin, L3Harris Technologies, Inc., Raytheon Technologies. Moreover, increasing government spending on military can further propel the market growth. According to World Bank, military expenditure of United States was 3.7% of its GDP in the year 2020.

Top Market Players

Several leading companies in the market include Lockheed Martin, L3Harris Technology, Raytheon Technologies, EIZO, Zmicro, Seatronx, General Digital Company, Elbit Systems, Winsonic Electronics Co. Ltd., Xenarc Technologies, and among others.

Key Developments:

• • In 2021, Hindustan Aeronautics Limited signed an agreement with Elbit Systems Electro Optics Elop Ltd., Israel for supply for Digital Overhead Head Up Display Systems (DOHS).
  • In 2021, L3Harris has been awarded a USD 100 million order for the Enhanced Night Vision Goggle-Binocular by US Army. The system will enhance soldier situational awareness, mobility, survivability, and lethality.

Segments covered in the Report:

The Military Displays Market has been segmented based on End-Use, Technology, and Region. Based on End-Use, the market is segmented into Land, Airborne, and Naval. Based on Technology, market is segmented into LCD, LED, OLED, AMOLED. Based on Product Type, market is segmented into Handheld, Computer Display, Vehicle-Mounted, Wearables, Simulators.

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Report Coverage	Details
Market Base Year	2020
Market Forecast Period	2021-2028
Market Revenues (2020)	USD 980 Million
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By End Market, By Technology, By Product Type and By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	Lockheed Martin, L3Harris Technology, Raytheon Technologies, EIZO, Zmicro, Seatronx, General Digital Company, Elbit Systems, Winsonic Electronics Co. Ltd., Xenarc Technologies, among others; a total of 10 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Global Military Displays Market by End-Use:

• • Land
  • Airborne
  • Naval

Global Military Displays Market by Technology:

• • LCD
  • LED
  • OLED
  • AMOLED

Global Military Displays Market by Product Type:

• • Handheld
  • Computer Display
  • Vehicle-Mounted
  • Wearables
  • Simulators

Global Military Displays Market by Region

• • North America Military Displays Market (Option 1: As a part of the free 25% customization)
    • North America Military Displays Market by End-Use
    • North America Military Displays Market by Technology
    • North America Military Displays Market by Product Type
    • US Military Displays Market All-Up
    • Canada Military Displays Market All-Up
  • Europe Military Displays Market (Option 2: As a part of the free 25% customization)
    • Europe Military Displays Market by End-Use
    • Europe Military Displays Market by Technology
    • Europe Military Displays Market by Product Type
    • UK Military Displays Market All-Up
    • Germany Military Displays Market All-Up
    • France Military Displays Market All-Up
    • Spain Military Displays Market All-Up
    • Rest of Europe Military Displays Market All-Up
  • Asia-Pacific Military Displays Market (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Military Displays Market by End-Use
    • Asia-Pacific Military Displays Market by Technology
    • Asia-Pacific Military Displays Market by Product Type
    • China Military Displays Market All-Up
    • India Military Displays Market All-Up
    • Japan Military Displays Market All-Up
    • Rest of APAC Military Displays Market All-Up
  • RoW Military Displays Market (Option 4: As a part of the free 25% customization)
    • RoW Military Displays Market by End-Use
    • RoW Military Displays Market by Technology
    • RoW Military Displays Market by Product Type
    • Brazil Military Displays Market All-Up
    • South Africa Military Displays Market All-Up
    • Saudi Arabia Military Displays Market All-Up
    • UAE Military Displays Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Military Displays Market All-Up

Major Players Operating in the Military Displays market (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Lockheed Martin
  • L3Harris Technology
  • Raytheon Technologies
  • EIZO
  • Zmicro
  • Seatronx
  • General Digital Company
  • Elbit Systems
  • Winsonic Electronics Co. Ltd
  • Xenarc Technologies