Global Commercial Aircraft Cockpit Display System Market Growth of 2.93% - Growing Demand for Automation - Research and Markets

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Research and Markets

23 May, 2016, 16:10 GMT

DUBLIN, May 23, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Commercial Aircraft Cockpit Display System Market 2016-2020" report to their offering.

The report forecasts the Global Commercial Aircraft Cockpit Display System (CDS) Market to grow at a CAGR of 2.93% during the period 2016-2020.

Cockpit Display Systems have become an effective means for the airline companies to enhance the capabilities of their aircraft. They reduce the aircraft weight and information-management workload, enable power saving, allow easier interaction with air traffic control (ATC), avoid accidents, and result in faster training of new pilots. They also improve the functionality and accuracy along with enhanced situational awareness and safety of both the pilot and the aircraft.

An emerging trend in this market is the development of the autopilot landing system. The autopilot landing system assists in safe landing of aircraft during turbulent weather conditions and blurry vision. With the use of a computer in a landing system, an autopilot can effectively monitor and measure, altitude, airspeed, and distance to ensure safe landing of the aircraft.

According to the report, a key growth driver for this market is the growing demand for automation. Automation enhances flight operational safety and efficiency, which is especially critical for commercial airlines. It aims to cut down operating costs for greater profits. With the facilitation of global positioning system (GPS) in aircraft, the pilot workload is significantly reduced due to increasing situational awareness and safety.

Further, the report states that one challenge that could hamper market growth is the cost associated with the autopilot system.

Key vendors:

  • Diehl Aerosystems
  • Esterline
  • Honeywell International
  • L-3 Communications
  • Thales

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Global aerospace and defense supply chain system

PART 07: Global aerospace and defense value chain system

PART 08: Market segmentation by product

PART 09: Geographical segmentation

PART 10: Market drivers

PART 11: Impact of drivers

PART 12: Market challenges

PART 13: Impact of drivers and challenges

PART 14: Market trends

PART 15: Vendor landscape

For more information visit http://www.researchandmarkets.com/research/5gsfbb/global_commercial

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