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Showing posts with the label multifunction display market forecast

Multifunction Display (MFD) Market - Global Industry Analysis, Size, Share, Growth, Trend, and Forecast 2022- 2027

Multifunction Display Market size is analysed to grow at a CAGR of 9.2% during the forecast 2022-2027 to reach $27.53 billion by 2027. A multi-function display is a small screen that is usually composed of a Cathode Ray Tube (CRT) or a Liquid Crystal Display (LCD) and is surrounded by various soft keys for showing information to the user. Smart and monitor displays both have multi-function displays. When compared to its counterpart, the smart variable of multi-function display is expected to hold a large market during the forecast period. Military aircraft, aviation, commercial aircraft, automotive, and marine all make use of multi-function displays. In Aviation an MFD is frequently used in concert with a primary flight display (PFD) and is a component of a glass cockpit. MFDs are a component of the digital era of modern planes and helicopters. Technological developments, as well as improved system efficiency, are projected to have a positive impact on the market. The market is expect...