The Global Military Displays Market research report is a detailed document depicting the recent advancements and developments in the Military Displays business field considering 2020 as the base year and 2021-2028 as the forecast timeframe. The report offers valuable insights into market size, market share, sales channel and distribution network, market segmentation, demands, trends and growth prospects. The report also studies market growth on a global and regional scale.
The Global military display cases market The size reached $1.23 billion in 2020 and is expected to register a revenue CAGR of 5.6% over the forecast period, according to the latest analysis from Emergen Research. Growing need for advanced systems in military displays to enhance military activities and increasing defense spending are major factors driving the market revenue growth. Another factor driving the market revenue growth is the increase in demand for military displays based on LCD technology.
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Military LCD technology displays are designed and engineered to operate in a wide range of environmental conditions, vibration, and withstand external elements such as water, snow, dirt, and more. Rapid advances in technology result in the deployment of an intuitive and easy-to-navigate user interface in challenging situations. These are some major factors driving the revenue growth of the global military displays market.
However, decreasing availability of logistics in border areas is expected to hamper the market growth over the forecast period.
Major market players include Bae Systems Inc., Aselsan AS, Thales Group Ltd., Elbit Systems Ltd., Lockheed Martin Corporation, Curtiss-Wright Corporation, Advanced Embedded Solutions Ltd., General Digital Corporation, Crystal Group Inc. and Raytheon Technologies Corporation.
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Emergen Research has segmented the global military displays based on product type, type, technology, computer displays, end use, and region:
Product Type Outlook (Revenue, USD Billion; 2018-2028)
Type Outlook (Revenue, USD Billion; 2018-2028)
Technology Outlook (Revenue, USD Billion; 2018-2028)
Computer Displays Outlook (Revenue, USD Billion; 2018-2028)
Small and medium sized panels
End-Use Outlook (Revenue, USD Billion; 2018-2028)
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Main conclusions of the report:
The smart displays segment is expected to grow at a significantly rapid revenue CAGR during the forecast period owing to the growing need for advanced systems in military displays to enhance military activities. Smart displays are lightweight and flexible with high resolution that further offers video streams with a touchscreen and voice control support.
The LCD segment is expected to witness a significantly robust revenue growth rate over the forecast period as military users are rapidly shifting towards LCD due to its high durability and flexibility.
North America is expected to account for a larger revenue share than other regional markets over the forecast period owing to the growing demand for military exhibits among the military forces of countries in the region.
Regional analysis includes an in-depth study of key geographic regions to better understand the market and provide accurate analysis. The regional analysis covers North America, Latin America, Europe, Asia-Pacific, Middle East and Africa. Regional analysis covers analysis of key market segments, including Revenue, CAGR, Import/Export, Supply & Demand Report, Production & Consumption Report, Analysis industry chain and market dynamics in each region of the geographies.
Chapter 1: Market Overview and Scope
Chapter 2: Market Outlook
Chapter 3: Impact analysis of the COVID-19 pandemic
Chapter 4: Competitive Landscape
Chapter 5: Drivers, Constraints, Opportunities, Limits
Chapter 6: Major manufacturers in the industry
Chapter 7: Regional Analysis
Chapter 8: Market segmentation based on type and applications
Chapter 9: Current and Future Trends
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