세계 다기능 디스플레이 시장은 큰 성장세를 보이고 있으며, 매출은 2022년 약 156억 7,000만 달러에서 2030년 298억 7,000만 달러로 2023-2030년 CAGR 8.4%의 건전한 성장을 보일 것으로 예상됩니다.
시장 성장의 원동력은 항공, 자동차, 군사 부문의 수요 증가에 있습니다. 터치스크린 기술의 발전과 함께 광범위한 데이터 표시 요구사항이 시장 확대에 박차를 가하고 있습니다. 또한, 더 나은 사용자 경험, 더 높은 안전성 및 운영 효율성은 이러한 부문의 지속적인 성장에 중요한 촉진제 역할을 하며 시장 성장을 촉진하고 있습니다.
시장은 지속적인 기술 발전으로 인해 큰 변화를 맞이하고 있습니다. 이러한 디스플레이는 최첨단 기능, 향상된 성능, 뛰어난 효율성으로 지속적으로 강화되고 있습니다. 디스플레이 품질, 터치 인터페이스, 연결성 옵션의 발전은 항공, 자동차, 산업 등의 분야에서 사용자 경험에 혁명을 일으키고 있습니다. 또한, AR, Predictive Touch와 같은 혁신적인 기술과의 통합을 통해 그 활용성과 응용성이 확대되고 있습니다. 또한, 간소화된 제조 공정, 비용 효율적인 생산, 에너지 효율적인 설계로 시장 경쟁력을 확보할 수 있게 되었습니다. 기술 혁신은 시장 성장을 촉진하고 다양한 산업에 맞춤형 솔루션을 제공하여 전 세계적으로 수요를 증가시키고 있습니다.
시장 성장의 원동력은 첨단 인포테인먼트 및 내비게이션 시스템에 대한 자동차 수요 증가에 있습니다. 최근 자동차는 다기능 디스플레이를 통합하여 제어, 엔터테인먼트 및 중요한 데이터 표시를 간소화하여 운전자의 부담을 줄이고 안전성을 높이고 있으며, AR 디스플레이는 내비게이션 지침 및 도로 장애물과 같은 정보를 오버레이하여 상황 인식을 더욱 강화합니다.
항공기와 지상 차량 모두에서 첨단 디스플레이 시스템을 찾는 군대의 움직임에 따라 시장이 성장하고 있습니다. 이러한 다기능 디스플레이는 상황 인식, 훈련 효과 및 임무 준비를 개선하는 데 도움이 됩니다. 이러한 디스플레이는 병사들에게 현실적인 시뮬레이션과 훈련 시나리오를 제공하여 실제 상황에 대처할 수 있는 능력을 향상시킵니다. 군대 현대화 활동의 일환으로 MFD는 최신 전투 시스템에 원활하게 통합되어 인적 오류를 최소화하고 의사 결정 과정을 간소화합니다. 그 결과, 전 세계 방위 조직이 현대의 복잡한 전쟁에 대응하기 위해 군사 자산과 인력을 정비하기 위해 첨단 기술을 찾고 있기 때문에 시장은 강력한 성장세를 보이고 있습니다.
북미 지역이 다기능 디스플레이 시장에서 중요한 위치를 차지하고 있는 것은 이 지역의 방위 산업이 발달되어 있기 때문이며, 주요 군 현대화 활동과 기술 혁신을 통해 다기능 디스플레이에 대한 수요를 뒷받침하고 있습니다. 또한, 북미에는 혁신적인 기술 통합을 중시하는 항공우주 및 군사 부문이 확립되어 있으며, 다기능 디스플레이는 미션 크리티컬 시스템의 중요한 구성요소로 자리 잡고 있습니다. 이 지역의 적극적인 연구 개발 노력은 다기능 디스플레이 기술의 미래 기술 혁신을 촉진할 것입니다. 이러한 특징과 군사적 우위 유지에 대한 강조는 북미를 다기능 디스플레이의 시장 리더로 자리매김하고 다양한 국방 응용 분야에 대한 혁신적인 디스플레이 솔루션의 가용성을 보장합니다.
감각 인터페이스 기술과 몰입형 시뮬레이션 환경의 획기적인 발전에 초점을 맞춘 정부의 노력은 다기능 디스플레이 시장을 크게 발전시킬 수 있습니다. 정부는 고충실도 플러그 앤 플레이 감각 인터페이스를 만드는 연구개발에 자금을 지원함으로써 VR 및 AR과 같은 분야의 기술 혁신을 촉진하고 있습니다. 이러한 노력은 VR, AR, 몰입형 시뮬레이션의 능력을 향상시킬 수 있는 쉽게 통합할 수 있는 디바이스를 시장에 출시할 수 있게 해줍니다. 그 결과, 다기능 디스플레이에 대한 수요가 증가하여 이러한 훈련 및 시뮬레이션 시스템에서 전반적인 상황 인식과 정보 전달을 향상시키는 데 중요한 역할을 하게 될 것입니다.
이 보고서는 세계 다기능 디스플레이 시장을 조사 분석하여 시장 규모와 예측, 시장 역학, 주요 기업 현황과 전망 등을 제공합니다.
Global multi-function display market has experienced significant growth with projected revenue of approximately USD 15.67 billion in 2022, the market is forecasted to reach a value of USD 29.87 billion by 2030, displaying a robust CAGR of 8.4% from 2023 to 2030. The multi-function display delivers advantages such as heightened situational awareness, increased operational efficiency and reduced visual clutter across diverse sectors. These displays simplify decision-making, elevate user interactions, enhance safety, and boost productivity by consolidating real-time data, navigation details, and control functions into a single screen.
The multi-function display market is growing because of rising demand in the aviation, automotive, and military sectors. The advancement of touchscreen technology, as well as the requirement for extensive data presentation, are fueling its expansion. Furthermore, better user experiences, greater safety, and operational efficiency are crucial drivers of the continuous growth in these sectors, which is favoring the market growth.
The global multi-function display market is undergoing a significant transformation due to ongoing technological advancements. These displays are continually enhanced with state-of-the-art features, improved performance, and greater efficiency. Advancements in display quality, touch interfaces, and connectivity options are revolutionizing user experiences in sectors such as aviation, automotive, and industrial sectors. Integration with innovative technologies like augmented reality and predictive touch is expanding their versatility and applicability. Additionally, streamlined manufacturing processes, cost-effective production, and energy-efficient designs are ensuring the market's competitiveness. Technological innovations are driving the growth of multi-function display market, providing customized solutions for various industries and increasing demand on a global scale.
For instance, in April 2023, Aithre Aviation debuted Healthview, a Part 23-approved smart cabin biometric solution that monitors health metrics and controls built-in oxygen systems for pilots and passengers, at the Sun 'n Fun Aerospace Expo.
The multi-function display market is experiencing growth driven by the increasing automotive demand for advanced infotainment and navigation systems. Modern vehicles are integrating multifunction displays to streamline controls, entertainment, and essential data presentation, reducing driver workload and enhancing safety. Augmented reality displays further enhance situational awareness by overlaying information like navigation commands and road hazards. The adoption of advanced technology requires high-performance connectors capable of withstanding the harsh automotive environment. For example, Samtec connectors undergo rigorous severe environment testing to ensure they meet the demanding requirements of the automotive industry. Commercial and industrial vehicles are leveraging this technology to optimize their operations.
In December 2022, the Scenic View Head-up Display (HUD) was presented by Continental, projecting razor-sharp, visible-to-all vehicle information right onto the lower glass edge, boosting safety and design possibilities.
The multi-function display market is thriving due to the military's drive for advanced display systems in both aircraft and ground vehicles. These multi-function displays are instrumental in elevating situational awareness, training effectiveness, and mission preparedness. They offer realistic simulations and training scenarios for soldiers, enhancing their ability to handle real-world situations. As a part of military modernization initiatives, MFDs are seamlessly integrated into the latest combat systems, minimizing human errors and streamlining decision-making processes. Consequently, the multi-function display market is experiencing robust growth, as defense organizations globally seek for state-of-the-art technologies to equip their military assets and personnel for the intricacies of contemporary warfare.
For example, in September 2023, BAE Systems selected Collins Aerospace, a subsidiary of RTX, to supply Large Area Displays (LADs) to develop Eurofighter Typhoon cockpits. These LADs will concentrate critical flight data and tactical information, allowing pilots to make better decisions in high-stakes scenarios.
Due to its inherent advantages, LCD technology relishes superiority in the multi-function display market. LCDs provide improved visual clarity by displaying high-resolution pictures and text, which is critical in applications like aviation and military, where accuracy is critical. LCDs are energy-efficient, which means they last longer and use less electricity. Furthermore, they are adjustable and can be integrated into a wide range of display sizes and form factors, making them useful for a wide range of applications. LCDs' robustness and longevity bound their dominance in the multi-function display market, where dependability is critical.
For instance, in March 2022, Mercury Systems received a USD 7.4 million order for active-matrix LCD modules intended for a significant multi-function display application in cockpits. The order comes from a leading defense prime contractor, and the delivery is anticipated to take place over several quarters.
North America's significance in the multi-function display market has been attributed to the region's substantial defense industry, which supports the demand for multifunction displays through major military modernization initiatives and technical breakthroughs. Furthermore, North America has a well-established aerospace and military sector with an emphasis on integrating innovative technology, which has made multifunction displays a crucial component of mission-critical systems. The region's proactive commitment to research and development fuels future innovation in multi-function display technology. These features, along with a strong emphasis on retaining military dominance, position North America as a market leader in multifunction displays, assuring the availability of innovative display solutions for a wide range of defense applications.
For instance, in January 2023, Raymarine introduced new products, such as, the Axiom 2 Pro multifunction chart plotters, the RVM1600 CHIRP sonar module, the CAM300 IP camera, and expanded LightHouse charts. These offerings provide boaters with a holistic onboard navigation solution.
Government initiatives that focus on breakthroughs in sensory interface technology and immersive simulation environments might help the multi-function display market to develop considerably. The government promotes innovation in fields like virtual reality (VR) and augmented reality (AR) by funding research and development to produce high-fidelity and plug-and-play sensory interfaces. These initiatives result in commercially available, easily integrated devices that improve the capabilities of VR, AR, and immersive simulations. As a result, demand for multifunction displays rises, which plays an important role in boosting overall situational awareness and information transmission inside these training and simulation systems.
The COVID-19 pandemic in 2020 restrained the multi-function display market growth. Before the pandemic, the business was prospering, fueled by rising demand for sophisticated displays in the aviation, automobile, and marine industries. During the pandemic, however, industrial interruptions and lower consumer spending caused a decline. Following the pandemic, the industry recovered as companies and consumers saw the value of improved digital interfaces for navigation, communication, and entertainment, pushing the use of multifunction displays even further. The crisis emphasized the need for durable, user-friendly displays, which fueled innovation and expansion for multi-functional display market in the post-pandemic period.
There is robust competition in global multi-function display market, with major industry leaders shaping the landscape. The key players in this highly competitive market include BAE Systems plc, recognized for its advanced solutions in defense and aerospace, Elbit Systems Ltd. stands out for its pioneering display technologies, while Garmin Ltd. dominate the consumer electronics and automotive sectors. Honeywell International Inc. is committed to avionics and industrial solutions, and RTX Corporation leads the way in wireless communication and navigation systems. These key players are committed to innovation, expanding their product offerings to meet the evolving needs of diverse industries, ensuring a dynamic and competitive market outlook.
In October 2023, Garmin unveiled the ECHOMAP Ultra 2 chart plotter series, which has 10-to-12-inch touchscreens, UHD scanning sonar, Navionics+ mapping, wireless networking, and an improved angler user interface.
In September 2023, Raymarine announced the AlphaTM Series display, Smart WindTM Technology, and LightHouse OS sailing upgrades for Axiom chart plotters, catering to performance sailors by delivering accurate wind monitoring and intelligent sailing support.
All segments will be provided for all regions and countries covered:
Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.