Aerospace Helmet Mounted Display Market size was over USD 5.46 billion in 2024 and is projected to reach USD 12.69 billion by 2037, growing at around 6.7% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of aerospace helmet mounted display is evaluated at USD 5.77 billion.
The advances in technology of helmets and significance of its value added assistance in combat, space, and increase in defense spending to fight rising terrorism are the factors that can are anticipated to result in the market growth.
Growth Drivers
Challenges
Base Year |
2024 |
Forecast Year |
2025-2037 |
CAGR |
6.7% |
Base Year Market Size (2024) |
USD 5.46 billion |
Forecast Year Market Size (2037) |
USD 12.69 billion |
Regional Scope |
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On the basis of technology, the aerospace helmet mounted display market is bifurcated into VR, AR and mixed reality headsets, out of which, the highest market share is estimated to be held by VR headsets. This can be attributed to the seamless data incorporation with virtual capabilities and enhanced user experience. The market is further segmented by application into military and civilian. Among these segments, the military segment held the largest revenue generating segment in 2019 owing to the large application of mounted displays in military on ground activities and astronauts in space training simulations. Additionally, features such as night vision and thermal imaging and the value addition in enhanced warfare and tactical maneuverability further is estimated to contribute to the growth of the segment.
Our in-depth analysis of the global aerospace helmet mounted display market includes the following segments
By Technology |
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By Application |
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By End User |
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On the basis of regional analysis, the global aerospace helmet mounted display market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.
North America industry is predicted to account for largest revenue share by 2037, propelled by high military budgets and ambitious space exploration projects. The aerospace helmet mounted display market in Asia Pacific region is predicted to grow at the highest rate during the forecast period as a result of increase in defense spending and rising space budgets in countries like India, China and South Korea.
Author Credits: Dhruv Bhatia
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