DUBLIN, Aug. 18, 2015 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/tm2383/headsup_display) has announced the addition of the "Heads-up Display Market in Military Aviation in the US 2015-2019" report to their offering.
The heads-up display market in military aviation in the US to grow at a CAGR of 3.49% in terms of unit shipment during 2014-2019.
The report, Heads-up Display Market in Military Aviation in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
According to the report, the defense budgets of various countries in APAC such as China and India are expected to increase because of the increase in military modernization programs and the growing tension across borders and with other countries. US combat helicopters, and multipurpose military helicopters are in great demand in these regions. For the period 2014-2015, India and China announced defense budgets of $38.35 billion and $132 billion, respectively. Both countries are planning to increase their defense forces. For instance, India is opting for military modernization programs to upgrade and repair its Cold War era equipment and vehicles. This will increase the demand for US aircrafts and helicopter form these regions leading to increase in the fitment rate of HUDs in new aircraft that are more technologically advanced than the previous ones, driving the growth of the HUD market in military aviation in the US.
The report includes the market size based on the following end-users:
- Aircraft manufacturers
- Helicopter manufacturers
- BAE Systems
- Elbit Systems
- Esterline Technologies
- Honeywell Aerospace
- Rockwell Collins
- Saab Group
- Thales Group
For more information visit http://www.researchandmarkets.com/research/tm2383/headsup_display
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SOURCE Research and Markets