Heads-Up Display Market Size, Growth, Analysis and Research Report to 2020

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Technavio Announces the Publication of its Research Report – Global Heads-Up Display Market 2016-2020

Technavio recognizes the following companies as the key players in the global heads-up display market: BAE Systems, Continental Automotive GmbH, Delphi Automotive, Denso, Elbit Systems, Esterline Technologies, Honeywell Aerospace, Nippon Seiki, Panasonic Automotive Systems, Rockwell Collins, Robert Bosch GmbH, Saab, Thales, and Visteon.

Commenting on the report, an analyst from Technavio’s team said: “Lower landing minima will be the major key trend for the market growth. Lower landing minima is the altitude above the touchdown zone, at which the pilot can see the runway. Regulations in the aviation sector such as CAAC, FAA, EASA, Japan Civil Aviation Bureau (JCAB), and KCAB have granted EFVS-based HUDs to descend below published minimums.”

Browse full report with TOC@ https://marketreportscenter.com/reports/344111/global-heads-up-display-market-2016-2020

According to the report, rise in demand for multipurpose helicopters for military will be the key driver for market growth. The demand for multipurpose helicopters is growing in the military sector worldwide, as they can be used for air assault, ground attack, medical evacuation missions, search and rescue operations, and transport of troops. Multipurpose helicopters eliminate the need for a particular helicopter for specific operation, reducing the military capital expenditure. Technavio expects that the demand for multipurpose helicopters will grow during the forecast period, with a decline in military spending worldwide.

Further, the report states that reduction in defense spending will be one of the challenges faced by the market. China, France, Russia, Saudi Arabia, and the US are the top five nations that spend heavily on defense. In 2014, majority of the observed drop in military spending was due to slow economic growth and continuous drop in oil prices. The US military spending declined by 2.5%...