Military Displays Market size is anticipated to grow at a CAGR of over 5.5% between 2023 and 2032

Military Displays Market size is anticipated to grow at a CAGR of over 5.5% between 2023 and 2032

Military Displays Market
Military Displays Market

Military Displays Market Size

Military Displays Market accounted for more than USD 1.4 million in 2022 and is expected to expand at a CAGR of more than 5.5% from 2023 to 2032.

Fancy displays are enabling soldiers to see more clearly, make better choices, and get the job done. These advances in display technology are creating an expanding market for military displays. Tough, high-quality screens can display soldiers critical information in real-time. This assists them in making improved decisions and communicating better. Even under adverse conditions, OLED and AR/VR screens enable easier visibility. And these screens consume less power and have a longer lifespan, which is fantastic for the battlefield. Since the military is becoming increasingly dependent on sophisticated systems involving lots of data, good display solutions are more critical. This is why this market is developing so rapidly. For example, WINMATE came out with the L140TG-4 in September 2021. This is the first rugged laptop that can be converted for military use. It has a 14-inch display that can be read in bright sunlight and has a resolution of 1920×1080.

Military displays are specialized screens or visual interfaces employed by the military for communication, data visualization, and situational awareness. They are made to endure extreme environments, like combat areas, and offer critical information such as maps, sensor data, and real-time intelligence to the military. They are essential in decision-making and mission accomplishment, making military operations more effective and safe.

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Military Displays Market Report Attributes
Report Attribute Details
Base Year 2022
Military Displays Market Size in 2022 USD 1.4 Million
Forecast Period 2022 to 2032
Forecast Period 2022 to 2032 CAGR 5.5%
2032 Value Projection USD 1.5 Million
Historical Data for 2018 – 2022
No. of Pages 220
Tables, Charts & Figures 336
Segments covered Type, Technology, Screen Type, End-use & Region
Growth Drivers <br>
Technological advancements in display technologies
Increased integration of displays with other military systems
Increasing demand for displays in new platforms for the military
Increased demand for displays for training and simulation
Rising adoption of new-age technologies into military operations
Pitfalls & Challenges
Expensive development and production cost
Adoption of technology at a slow pace

COVID-19 Impact
The COVID-19 pandemic adversely affected the military display sector in several aspects. Supply chain disruptions resulted in delayed production and delivery of key components for display systems, affecting readiness. Social constraints and travel restrictions hindered collaboration and testing, affecting development and innovations. Budget shortages due to pandemic-related cost pressures also affected defense budgets. Budget pressures may restrict expenditure on advanced military displays. The pandemic highlighted the importance of strong & adaptable communication systems, with the focus lying in upgrading military displays to enhance remote operations and decision-making response during emergencies.

Military Displays Market Trends
High-resolution military displays offer better image clarity and resolution and are important to improve situational awareness. These displays, with their increased pixel densities and higher contrast ratios, enable military personnel to clearly read important information like maps, target information, and live video. This capability enables troops to make more informed battlefield decisions, particularly in complex and dynamic operational environments. High-resolution displays can also support advanced capabilities, such as digital mapping and image processing, which enhance tactical performance.

Augmented Reality (AR) and Virtual Reality (VR) integration into military displays offers a revolutionary training and operational experience. AR superimposes digital information on the real world, supporting enhanced training exercises and mission planning. VR, however, immerses users in computer simulations, providing realistic & risk-free training. Both technologies support enhanced situational awareness, lowering the cost of training and bolstering decision-making capabilities among military personnel.

Military Displays Market Analysis
Find out more about the major segments driving this market

On the basis of type, the market is divided into computer display, smartphone & handheld display, vehicle-mounted display, wearable device display, and simulator display. The computer display segment led the market in 2022 with a share of more than 30%.

Computer displays are increasingly common within the military displays market due to their versatility, reliability, and high-end performance. The displays provide high-resolution graphics, multiple data sources compatibility, and adaptability to multiple mission requirements.
They are able to integrate radar, sonar, and other sensor data smoothly, presenting a comprehensive overview of the situation. Computer screens are durable, can withstand harsh environments, and can be specialized for particular military applications. The displays keep on improving as technology evolves, thus being significant tools for today’s military operations.

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Military Displays Market Share

Players operating in the military displays industry focus on implementing different growth strategies to strengthen their offerings and expand their market reach. These strategies involve new product development & launches, partnerships & collaborations, mergers & acquisitions, and customer retention. These players also heavily invest in research & development to introduce innovative and technologically advanced solutions in the market. Some major players operating in the military displays industry are mentioned below

  • ABB Ltd.
  • Aeris Technologies, Inc.
  • Atmos International
  • Physical Sciences Inc.
  • Schneider Electric S.E
  • Siemens Gas and Power GmbH & Co. KG
  • Teledyne FLIR LLC