Global Commercial Aircraft Cockpit Display System Market Growth of 2.93% – Key Vendors Are Diehl Aerosystems, Esterline & Thales – Research and Markets
By Business Wire News
By Business Wire News
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.
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 questions answered in this report:
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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/j9lccm/global_commercial
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Sector: Avionics, Aircraft