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3. Market Leadership - Glass Cockpit Displays for Aerospace Market

The glass cockpit displays for aerospace market has witnessed enormous developments in the past few years. The Americas is a major region for the growth of glass cockpit displays for the aerospace industry. This is because of the presence of the largest manufacturing companies in this region, such as The Boeing Company (U.S.) and Bombardier Inc. (Canada). Currently, the glass cockpit displays for aerospace market is endorsing a rampage of contracts, partnerships, agreements, mergers, acquisitions, expansions, new product launches. The glass cockpit displays for aerospace market is highly competitive, with a limited number of big players and also a significant number of small players.

Rockwell Collins, Inc. (U.S.), a leading manufacturer and developer of communication and aviation electronic solutions for governmental agencies and aircraft manufacturers, held the leading position in the glass cockpit displays for aerospace market with a market share of 16.8% in 2014. Rockwell’s consistent focus on research and development activities has been helping the company to retain its top position in the glass cockpit display for aerospace market. The company plays a role of system and subsystem integrator as well as provider of various display products within the glass cockpit displays for aerospace market.

Honeywell Aerospace, Inc. (U.S.), a subsidiary of Honeywell International Inc. (U.S.), held the second position in the glass cockpit displays for aerospace market with a markets share of 14.7% in 2014. The company supplies integrated avionics for aircraft manufacturers, airlines, aircraft operators, military services, and defense and space contractors. In order to maintain its position and increase its market share in the glass cockpit display for aerospace market, the company provides quality products and services to its customers by highly involving itself in the field of avionics and bringing in various innovations.

Few years ago, Rockwell Collins, Inc. (U.S.) and Honeywell Aerospace, Inc. (U.S.), both accounted for almost an equal market share in the glass cockpit displays for aerospace industry. However, with the emergence of Garmin Ltd. (Switzerland) as one of the major players of this market, the company has captured the market share of these two companies up to a significant amount.

Related Reports:

Glass Cockpit Displays for Aerospace Market by Aircraft Type (Cargo, Fighter, Helicopter, Air Transport, Trainer, General Aviation, & Business Jet), Display Type (PFD, MFD, Backup, & Mission), Display Size, & Geography - Analysis & Forecast to 2014 - 2020

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