Military Displays Market Report 2025

The military displays market size has grown strongly in recent years. It will grow from $1.23 billion in 2024 to $1.3 billion in 2025 at a compound annual growth rate (CAGR) of 5.4%. The growth in the historic period can be attributed to increased demand for rugged displays, focus on soldier modernization, training and simulation systems, cybersecurity concerns, global defense expenditure.

The military displays market size is expected to see strong growth in the next few years. It will grow to $1.62 billion in 2029 at a compound annual growth rate (CAGR) of 5.7%. The growth in the forecast period can be attributed to focus on energy-efficient displays, surge in unmanned systems, human-machine interface (HMI) development, urban warfare and close quarters operations, multi-function displays. Major trends in the forecast period include integration of touchscreen technology, advancements in night vision display technology, transition to OLED and quantum dot displays, focus on cybersecurity in display systems, development of ruggedized and sunlight-readable displays, development of flexible and curved displays.

The increasing deployment of drones in the armed forces is anticipated to drive growth in the military display market. Drones are being utilized more extensively for reconnaissance, surveillance, and combat operations, enhancing operational capabilities while minimizing risks to personnel. Military displays integrated into drones provide operators with real-time visual information, facilitating improved situational awareness, target identification, and mission monitoring during these operations. For example, a survey conducted in May 2023 by the Civil Aviation Authority (CAA), a UK government body responsible for regulating aviation activities for safety and compliance, revealed that military drone usage among participants in the UK rose to 48% in 2023 compared to the previous five years. Consequently, the increasing use of drones within the armed forces is propelling the growth of the military display market.

The burgeoning expansion of the military sector is anticipated to propel the growth of the military display market in the forthcoming years. Often referred to as the defense sector, the military domain encompasses institutions, organizations, and activities focused on a nation's defense and security. Military displays play a crucial role within this sector, offering vital visual information, enhancing situational awareness, and facilitating rapid decision-making processes. For instance, according to the Stockholm International Peace Research Institute's April 2023 report, global military spending surged by 3.7% to $2.24 trillion in 2022. This significant growth within the military sector acts as a driving force for the expansion of the military display market.

Technological advancements emerge as a prominent trend gaining traction within the military display market. Key players in this market segment concentrate on research and development endeavors to innovate products and devise superior solutions, aiming to solidify their market positions. For instance, L3 Harris Technologies, in May 2022, unveiled its cutting-edge military display - the Fused Panoramic Night Vision Goggle (F-PANO). This advanced system incorporates image intensification technology and thermal imagery to enhance visual imaging in low-light environments, offering clearer vision for operational use. Notably, the F-PANO enables swift threat assessment and engagement on the battlefield, boasting system communication capabilities that display Android Tactical Assault Kit (ATAK) information within the goggle's field-of-view.

Prominent players within the military display market are increasingly adopting a strategic partnership approach to explore the production of crucial guided weapon components. These strategic collaborations involve leveraging respective strengths and resources to achieve mutual benefits and success. For instance, in November 2023, Aerojet Rocketdyne Inc. announced a collaboration with the NIOA Group, focusing on Aerojet Rocketdyne's future assembly and manufacturing of rocket motors, boosters, and warheads for weapons. This partnership aligns with Australia's Guided Weaponry and Explosive Ordnance (GWEO) Enterprise, fulfilling vital munitions requirements and demonstrating NIOA Group's commitment to meeting Australia's armament needs.

In July 2022, Thales Group, a France-based manufacturer specializing in military displays, completed the acquisition of Advanced Acoustic Concepts, LLC, for an undisclosed sum. This strategic move by Thales aims to expand its engineering and manufacturing presence within the US military sector, enhancing its capabilities and teams based in the United States. Advanced Acoustic Concepts, LLC, based in the US, is known for its production of military equipment.

Major companies operating in the military displays market are BAE Systems PLC, Lockheed Martin Corporation, Thales Group, L3Harris Technologies Inc., Elbit Systems Limited, General Digital Corporation, Aselsan AS, Curtiss-Wright Corporation, Advanced Embedded Solutions Limited, Crystal Group Inc., Hatteland Technology AS, Neuro Logic Systems Inc., Winmate Inc., CP Technologies LLC, Zmicro Inc., Xenarc Technologies Corporation, Leonardo SpA, Milcots LLC, Raytheon Technologies Corporation, Honeywell International Inc., Esterline Technologies Corporation, Saab AB, Barco NV, General Dynamics Corporation, Northrop Grumman Corporation, Garmin Ltd., FLIR Systems Inc., Vartech Systems Inc., Planar Systems Inc., EIZO Corporation, IEE Inc., Avidyne Corporation, AMLCD Inc.

North America was the largest region in the military displays market in 2024. Europe was the second-largest region in the military displays market. The regions covered in the military displays market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the military displays market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Military displays represent sophisticated electronic devices utilized by armed forces, offering lightweight solutions for critical military monitoring operations. These devices come in various sizes, with larger displays commonly deployed in tactical operation centers to cater to specific applications within military operations.

The spectrum of military displays, two primary categories prevail such as smart displays and conventional displays. Smart displays are instrumental in monitoring and facilitating advanced military operations. They encompass electronic devices featuring embedded processors, rugged LCD panels, and sealed switches, providing interactive computing capabilities in battlefield settings. Leveraging technologies like LED, LCD, AMOLED, and OLED, these displays come in various forms include micro displays, small to medium-sized panels, and large panels - catering to diverse end-users across naval, airborne, and land-based operations.

The military displays market research report is one of a series of new reports that provides military displays market statistics, including military displays industry global market size, regional shares, competitors with a military displays market share, detailed military displays market segments, market trends and opportunities, and any further data you may need to thrive in the military displays industry. This military display market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The military display market consists of sales of micro, small, and medium-sized military display panels for monitoring purposes. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 3-5 business days.