Human Machine Interface (HMI) For Cockpit Displays Market Size, Share, Opportunities, And Trends By Component (Hardware, Software, Services), By Product Type (Light Plate, Keyboard), By End-Users (Aerospace, Military & Defense), And By Geography - Forecasts From 2025 To 2030

Human Machine Interface (HMI) For Cockpit Displays Market is projected to grow at a CAGR of 3.82% between 2025 to 2030.

 Human-machine interface (HMI) for cockpit displays refers to cockpit display systems providing a virtual and audio portion of the Human Machine Interface (HMI) by which aircrew manage the flights. It is used for flight testing, mange glass cockpit, and interface with aircraft avionics. The prime reason for the growth in this market is due to increasing automation along with increasing investment in private and military & defense funding across nations. According to the world bank, 5.96 % of the total general government expenditure is spent on military expenditure worldwide. Apart from this, automation in aviation has also increased at an exponential rate. According to the world robotics 2021- service robots report automation for transportation and logistics is at the first place for professional use.  There were 33,000 units sold for transportation and logistics in 2019 and in in 2020 it increased to 44,000 units. Showcasing the increasing use of automation in transportation and logistics, one of the major carriers being the air carrier.

Increasing military and defense funding

One of the prime reasons supporting the growth in the Human Machine Interface (HMI) For Cockpit Displays Market is the rising military and defense funding. Military and defiance funding plays an important role in HMI for the cockpit displays market. One of the prime reasons to use HMI for cockpit displays is for testing the aircraft without casualty, despite the fact that it requires a high amount of investment. All across the world around 2.35% of the GDP is spent on defense according to the world bank. In 2020, US$ 1.929 trillion was spent worldwide for military expenditure. In the United States alone, it accounted for US$ 778.232 Billion, which accounted for around 4% of the GDP. Making it one of the highest allocations of military expenditure in the world. China accounts for US$ 252.304 Billion in military expenditure. It spends around 1.75% of the GDP on military expenditure. In 2020, India spent 2.88% of the GDP on military expenditure, accounting for US$ 72.887 Billion. India spends around 9.08% of the total government expenditure on military expenditure.  Making it top five countries for high military expenditure.

The aerospace industry is forecasted to hold a notable market during the forecasted period.

By end-user industry, the Human Machine Interface (HMI) for Cockpit Display market has been segmented into aerospace and military, and defense. The aerospace industry is forecasted to hold a notable market during the forecasted period. The driving factor attributable is an increase in air traffic and the development of new technologies due to which, the cockpit display market must be enhanced continuously in order to provide pilots with new features. High-definition visuals and interactive immersive virtual worlds assist the pilot in becoming comfortable with revolutionary aircraft cockpit concepts. Furthermore, an HMI system may be used to assess the effects of various cockpit display formats on pilot workload, degree of safety, and situational awareness. Pilots have access to a variety of high-tech equipment, ranging from better information systems like the Electronic Flight Bag (EFB) to greater aircraft control (e.g., automated collision avoidance maneuvering) and overall flight management through the Flight Management System, FMS.

The US human-machine interface (HMI) for the cockpit display market is projected to hold a notable share in the global market.

Based on geography, the Human Machine Interface (HMI) for Cockpit Display Market is segmented into North America, South America, Europe, the Middle East and Africa, and the Asia Pacific. The US is expected to hold a notable share in the market. The United States aerospace, military, and defense industries are the global leader in the innovation and production of advanced aircraft and defense systems. The industry has been increasing the adoption of HMI in cockpit displays for better clarity, security, and safety of crew members and passengers. Airbus and Boeing are two major aircraft producers in the country. The companies' combined deliveries have escalated at a lucrative rate ever since 2010, with the increase in aircraft demand owing to the rise in air flight. Boeing delivered 38 commercial jets in December 2019, while Airbus delivered 138 commercial jets in the month, up from 127 commercial jets in December 2018.

COVID-19 Insights

The outbreak of the pandemic had a negative impact on the market growth in 2020. With the government announcing the imposition of lockdown and several other restrictive COVID-19 measures, there had a decline in the production of aircraft, globally, in 2020. According to official industrial estimates, aircraft deliveries had been dropped at a significant rate in the same year. Boeing, one of the key players in the market, had stated that it had delivered 157 jets in 2020, down from 380 in the previous year. But, with the rise in aviation traffic in 2021, with the introduction of vaccines and opening up of the borders, aircraft production has been expected to surge at a significant rate, in the coming years.

Market Segmentation:

• By Component
  • Hardware
  • Software
  • Services
• By Product Type
  • Light plate
  • Keyboard
• By End-Users
  • Aerospace
  • Military & Defense
• By Geography
  • Americas
    • USA
    • Others
  • Europe Middle East and Africa
    • Germany
    • France
    • Others
  • Asia Pacific
    • China
    • Others

1. INTRODUCTION

1.1. Market Overview

1.2. Covid-19 Impact

1.3. Market Definition

1.4. Scope of The Study

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY

2.1. Research Design

2.2. Secondary Sources

2.3. Validation

3. KEY FINDINGS

4. MARKET DYNAMICS

4.1. Segmentation

4.2. Drivers

4.2.1. Increasing Military and Defense Funding

4.2.2. Growing Investment in Automation

4.3. Restraints

4.3.1. Inadequate Pilot Training and System Failure

4.4. Porter’s Five Forces Analysis

4.4.1. Bargaining Power of Suppliers

4.4.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.4.4. Threat of Substitutes

4.4.5. Competitive Rivalry in the Industry

4.5. Industry Value Chain Analysis

5. Human Machine Interface (HMI) FOR COCKPIT DISPLAYS MARKET BY COMPONENT

5.1. Introduction

5.2. Hardware

5.3. Software

5.4. Services

6. Human Machine Interface (HMI) FOR COCKPIT DISPLAYS MARKET BY PRODUCT TYPE

6.1. Introduction

6.2. Lightplate

6.3. Keyboard

7. Human Machine Interface (HMI) FOR COCKPIT DISPLAYS MARKET BY END-USER INDUSTRY

7.1. Introduction

7.2. Aerospace

7.3. Military and Defense

8. Human Machine Interface (HMI) FOR COCKPIT DISPLAYS MARKET BY GEOGRAPHY

8.1. Introduction

8.2. Americas

8.2.1. USA

8.2.2. Others

8.3. Europe Middle East, and Africa

8.3.1. France

8.3.2. Germany

8.3.3. Others

8.4. Asia Pacific

8.4.1. China

8.4.1. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Emerging Players and Market Lucrativeness

9.3. Mergers, Acquisitions, Agreements, and Collaborations

9.4. Vendor Competitiveness Matrix

10. COMPANY PROFILES

10.1. Spectralux Avionics

10.1.1. Overview

10.1.2. Products and Services

10.1.3. Key Developments

10.2. Aero Maoz Corporation

10.2.1. Overview

10.2.2. Products and Services

10.2.3. Key Developments

10.3. Ansys Inc.

10.3.1. Overview

10.3.2. Products and Services

10.3.3. Financials

10.3.4. Key Developments

10.4. CSI Keyboards

10.4.1. Overview

10.4.2. Products and Services

10.5. Ensco Inc.

10.5.1. Overview

10.5.2. Products and Services

10.5.3. Key Developments

10.6. Astronics Corporation

10.6.1. Overview

10.6.2. Products and Services

10.6.3 Financials

10.6.4. Key Developments

10.7. DiSTI

10.7.1. Overview

10.7.2. Products and Services

10.7.3. Key Developments

10.8. Presagis

10.8.1. Overview

10.8.2. Products and Services

10.8.3. Key Developments

10.9. Korry Electronics

10.9.1. Overview

10.9.2. Products and Services

10.9.3. Key Developments

10.10. Thommen Aircraft Equipment Ltd.

10.10.1. Overview

10.10.2. Products and Services

10.10.3. Key Developments

10.11. TP Group

10.11.1. Overview

10.11.2. Products and Services

10.11.3. Financials

10.12. Collins Aerospace

10.12.1. Overview

10.12.2. Products and Services

10.12.3. Key Developments

10.13. Avidyne Corporation

10.13.1. Overview

10.13.2 Products and Services

10.13.3. Key Developments

10.14. Honeywell International Inc.

10.14.1. Overview

10.14.2. Products and Services

10.14.3. Financials

10.14.4. Key Developments

10.15. Garmin Ltd.

10.15.1. Overview

10.15.2. Products and Services

10.15.3. Financials

10.15.4. Key Developments

10.16. Elbit Systems

10.16.1. Overview

10.16.2. Products and Services

10.16.3. Financials

10.16.4. Key Developments

LIST OF TABLES

LIST OF FIGURES

Spectralux Avionics
Aero Maoz Corporation
ANSYS Inc.
CSI Keyboards
ENSCO Inc.
Astronics Corporation
DiSTI
Presagis
Korry Electronics
Continental Automotive
TP Group
3M
Visteon Corporation
DENSO Corporation
WAGO Kontakttechnik GmbH & Co. KG
Rightware