Aerospace Helmet Mounted Display Global Market Is Expected To Grow At A Rate Of More Than 13% Through 2023 – 2027
4 Jul, 2023
The global aerospace helmet mounted display market size is expected to grow from $2.40 billion in 2022 to $2.73 billion in 2023 at a compound annual growth rate (CAGR) of 14.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global aerospace helmet mounted display market size is expected to reach $4.50 billion in 2027 at a CAGR of 13.3%.
Global Aerospace Helmet Mounted Display Market Key Driver
Increasing military spending is likely to drive future growth in the aerospace helmet-mounted display industry. Military spending, which is included in a country's defence budget, refers to the amount of money allotted to maintaining an armed force or other sorts of defence. In the military, the aerospace helmet-mounted display is used for visor-projected night vision, and it is fully integrated to give pilots exceptional capability in the fighter cockpit.
Get a sample of the global aerospace helmet mounted display market reportGlobal Aerospace Helmet Mounted Display Market Segments
The global aerospace helmet mounted display market is segmented:
1) By Component: Processor And Memory, Controller, Sensor, Display, Lens, Other Components
2) By Technology: Augmented Reality, Virtual Reality
3) By Application: Military, Non-Military
4) By End User: Astronauts, Aircraft Personnel, Other End User
5) By Geography: The regions covered in the aerospace helmet mounted display market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest share in the global aerospace helmet mounted display market.
Major Aerospace Helmet Mounted Display Industry Players
BAE Systems, Elbit Systems Ltd., Thales Group, L3Harris Technologies Inc., Raytheon Technologies Corporation, Kopin Corporation, ASELSAN, Harris Corporation, Rockwell Collins, Gentex Corporation, Teledyne Technologies, Excelitas Tecnologies Corporation, Collins Aerospace, FLIR Systems
Get the full global aerospace helmet mounted display market report
Aerospace Helmet Mounted Display Market Overview
Aerospace helmet-mounted display refers to a helmet that aids a see-through display that is projected directly into the inside of a pilot's helmet visor. It enables aircraft to eliminate the need for pilots to look around the cockpit for critical information, allowing them to focus on safety and mission effectiveness.
Aerospace Helmet Mounted Display Global Market Report 2023 provides data on the global aerospace helmet mounted display market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The aerospace helmet mounted display market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.