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.
- Diehl Aerosystems
- Honeywell International
- L-3 Communications
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
Laura Wood, Senior Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-commercial-aircraft-cockpit-display-system-market-growth-of-293---growing-demand-for-automation---research-and-markets-300273043.html
SOURCE Research and Markets