New Research Shows U.S. Spending Predicted To Be Over $500 Million

New research by industry analysts has revealed that the global market for digital glass cockpit systems in military aircraft will be worth $1.71 billion in 2013. This year’s spending in the United States alone was predicted to be over $500 million by the new report, entitled "Global Digital Glass Military Aircraft Cockpit Systems Market 2013-2023: Multi-Function Displays (MFD) for Fighters, Airlifters, Trainers & Helicopters."

Research conducted by ASD Reports included interviews with industry experts, two of which are included as transcripts in the published report.  The first transcript is from an interview with David Green, Director of Military Program at Innovative Solutions & Support, suppliers of an Engine Instrument Display System (EIDS) for the C-130.  The company also produces other Flat Panel Display Systems, Flight Information Computers, Engine and Fuel Instrumentation, Class 3 E-Charts, and RVSM solutions to measure and display air data. The second interview transcript published as part of a research was conducted with Andrew Haylett of Curtiss-Wright Controls Defense Solutions, a technology leader in the development of rugged electronic modules and embedded systems for defense applications.
 
The 165-page report provides an in depth breakdown of the sources of growth and areas of contraction in the military glass cockpit market, including detailed ten-year budget forecasts for the 20 highest spending countries.  It identifies the top 20 companies worldwide and details their product offerings in the market.
 
The company says the research suggests that although current growth rates in the digital glass military cockpit systems market are positive, we’re on the cusp of a swift upturn in growth rates that we expect to last for at least two years.  A combination of delays in programs and downward budgetary pressure has led some states to purchase quicker, cheaper glass cockpit upgrades for existing platforms, or to buy existing aircraft off the shelf. The effects of this spending provide a clear window of opportunity for glass cockpit manufacturers to exploit.

FMI: www.asdreports.com