Multi-Function Control and Display Unit Market Size (2023 – 2030)

The Global Multi-Function Control and Display Unit Market was estimated to be worth USD 18 Billion in 2022 and is projected to reach a value of USD 35.87 Billion by 2030, growing at a fast CAGR of 9% during the forecast period 2023-2030.

Modern aircraft avionics systems use an electronic gadget called a Multi-Function Control and Display Unit (MCDU) to control and monitor numerous aircraft functions. Acting as the interface between the pilot and the aircraft systems, it enables the pilot to control a variety of tasks, including engine control, navigation, and communication. A screen or display panel, a keypad or keyboard, and a control unit normally make up the Multi-Function Control and Display Unit (MCDU). While the keypad or keyboard enables the pilot to enter commands and manage the various aircraft systems, the display panel gives the pilot visual information. The control unit oversees the many operations and systems that the MCDU controls. Modern aviation avionics systems must include the MCDU since it is crucial to the safe and effective operation of the aircraft. It gives the pilot a centralised interface to control and keep track of several aircraft systems, enhancing situational awareness and lightening the workload of the pilot. Additionally, the Multi-Function Control and Display Unit (MCDU)aids in ensuring accuracy and consistency in the performance of many aircraft functions, enhancing operational effectiveness and lowering the possibility of mistakes. During the projected period, the market for Multi-Function Control and Display Units (MCDU) is anticipated to expand steadily due to the rising demand for contemporary aircraft with cutting-edge avionics systems. Companies are concentrating on product innovation and development to strengthen their position in the market because it is very competitive and has many players. 

Global Multi-Function Control and Display Unit Market Drivers:

Increasing Demand for Modern Aircraft with Advanced Avionics Systems will boost market growth.

One of the main factors propelling the Multi-Function Control and Display Unit (MCDU) market is the rising demand for contemporary aircraft with cutting-edge avionics systems. Airlines are purchasing more up-to-date, effective aircraft to meet demand as air travel becomes more and more widespread. The MCDU is just one example of the cutting-edge avionics equipment that many contemporary aircraft have to increase safety, dependability, and efficiency. Improved fuel efficiency, which lowers operating costs and raises airline profitability, is one of the main benefits of contemporary aircraft outfitted with cutting-edge avionics. Being able to monitor and control a variety of aircraft systems, such as engine control, fuel use, and navigation, is made possible by the MCDU, which is essential for achieving this. The MCDU helps pilots make informed decisions, which lowers fuel consumption and boosts overall efficiency by giving real-time data and feedback. Modern aircraft with sophisticated avionics systems also provide better safety features, including as sophisticated autopilot systems, collision avoidance systems, and higher situational awareness. By giving pilots real-time information and feedback, the MCDU plays a crucial part in these safety measures, enabling them to make wise judgments and avoid potential hazards.

The growing Trend of Automation in the Aviation Industry is anticipated to fuel market expansion.

Another significant factor propelling the MCDU market is the expanding trend of automation in the aviation sector. Automation is crucial to ensuring safe and effective operation as aircraft become more sophisticated and complicated. A crucial part of this automation is the MCDU, which gives pilots a centralised interface for controlling and observing multiple aircraft systems. Pilot workload is one of the major benefits of automation in the aviation sector, which increases efficiency and safety. The MCDU frees pilots to concentrate on important activities like navigation and communication by automating repetitive processes and delivering real-time data and feedback. As a result, the pilot workload is decreased, while efficiency and safety are both increased.

Global Multi-Function Control and Display Unit Market Challenges:

The complexity and compatibility concerns involved with integrating these technologies with existing aircraft avionics systems present one of the biggest challenges facing the Multi-Function Control and Display Unit (MCDU) business. The integration of new MCDUs with existing systems can be a considerable problem because aircraft avionics systems are extremely complicated and diverse. Differences in hardware and software protocols across various systems might cause compatibility problems, which can cause delays and higher costs throughout the integration process. Additionally, because of the complexity of these systems, maintenance staff may find it challenging to locate and fix problems, increasing downtime and decreasing operating effectiveness. Compatibility and complexity problems consequently present a serious obstacle for the MCDU industry.

Global Multi-Function Control and Display Unit Market Opportunities:

The growing demand for military aircraft represents a sizable market opportunity for the Multi-Function Control and Display Unit (MCDU) sector. Military aircraft are progressively being fitted with cutting-edge avionics systems, such as MCDUs, to improve performance and mission capabilities. As countries all over the world spend on modernising their military fleets, it is projected that the market for MCDUs would grow considerably. Additionally, as unmanned aerial vehicles (UAVs) are increasingly used in military operations and depend heavily on cutting-edge avionics systems for safe and effective operation, the market for MCDUs is given new opportunities. 

COVID-19 Impact on Global Multi-Function Control and Display Unit Market:

The COVID-19 standard has had a mixed impact on the multi-function control and display unit (MCDU) market globally. Positively, the epidemic has promoted the usage of advanced avionics systems like the MCDU and other digital technologies. As airlines focus on reducing costs and boosting efficiency in the face of diminishing demand, the market for modern aircraft with cutting-edge avionics systems like the MCDU is expected to grow. The COVID-19 epidemic has adversely affected the market for MCDUs by reducing air traffic and reducing orders for new aircraft. Investments in new aircraft and avionics equipment have decreased as a result of the economic slowdown brought on by the epidemic.

Global Multi-Function Control and Display Unit Market Recent Developments:

In August 2020, the aerospace sector association AIRO Group is a supporter of Aspen Avionics. A wider range of aerospace-related services will be available due to the upgrade, according to AIRO Group. As always, Aspen Avionics will provide support for the general aviation industry. Right now, the accord only holds theoretical weight.

In March 2022, Astronautics Corporation of America launched its AeroSync Mission connectivity solution and product line. The AeroSync products provide secure and integrated connectivity for helicopter crews and passengers. The AeroSync Mission product is approved by the FAA for both OEM and aftermarket applications. The lightweight system stores and routes data between the aircraft and the ground, with in-flight cabin connectivity capabilities.

MULTI-FUNCTION CONTROL AND DISPLAY UNIT MARKET REPORT COVERAGE:

Global Multi-Function Control and Display Unit Market Segmentation: By Component

• Hardware

• Software

The multi-function control and display unit (MCDU) market can be split into hardware and software sectors based on components. The hardware sector is predicted to account for the greatest part of the market due to the high demand for the actual physical components required for MCDUs to function, such as displays, control knobs, and CPUs. As more military and commercial aircraft embrace state-of-the-art avionics technology, the hardware industry is projected to expand. The software market is also predicted to develop significantly as a result of the arising need for sophisticated software solutions that may improve the functionality and capabilities of MCDUs. The use of cutting-edge software solutions is projected to increase as airlines and military organisations work to increase safety and efficacy.

Global Multi-Function Control and Display Unit Market Segmentation: By Display Type

• Liquid Crystal Display (LCDs)

• Light Emitting Diode (LED)

• Organic Light Emitting Diode (OLED)

• Synthetic Vision

• TFT

• Others

The Liquid Crystal Display (LCD), Light Emitting Diode (LED), Organic Light Emitting Diode (OLED), Synthetic Vision, TFT, and other display types can be used to segment the global Multi-Function Control and Display Unit (MCDU) market. Due to its low cost and great interoperability with current avionics systems, the LCDs sector is anticipated to hold the biggest market share. However, because of its improved performance and energy efficiency, the OLED market is anticipated to have significant expansion. Considering that synthetic vision can give pilots better situational awareness, this market is likewise anticipated to expand significantly.  

Global Multi-Function Control and Display Unit Market Segmentation: By Platform

• Land

• Airborne

• Naval

The Multi-Function Control and Display Unit (MCDU) market is divided into three platform-based segments: Land, Airborne, and Naval. Because MCDUs are frequently employed in both military and commercial aircraft, the airborne category is predicted to have the largest market share. The rising need for more advanced avionics technology to improve aircraft safety and efficiency is projected to drive growth in this industry. Significant advancement in the military land and naval vehicle sectors is anticipated as a result of the expanded utilisation of cutting-edge avionics technology.

Global Multi-Function Control and Display Unit Market Segmentation: By Region

• North America

• Europe

• Asia Pacific

• Rest of the World

One way to divide the multi-functional control and display unit (MCDU) market is into North America, Europe, Asia Pacific, and the rest of the world. Given the region's and countries extensive use of sophisticated avionics equipment, North America is anticipated to account for the biggest market share. The regional MCDU market is anticipated to escalate as a result of the arising demand for modernising both military and commercial aircraft. As a result of their escalated investments in the aviation and defence sectors, nations like China, India, and Japan are predicted to see significant economic growth. 

Global Multi-Function Control and Display Unit Market Key Players:

1. Aeromaoz Ltd. 

2. Aspen Avionics, Inc. 

3. ASTRONAUTICS CORPORATION OF AMERICA 

4. AVIAGE SYSTEMS 

5. Avidyne 

6. AVMAP S.r.l.U. 

7. BECKER AVIONICS 

8. Bendix/King by Honeywell 

9. Castleberry Instruments 

10. Diehl Aerosystems 

11. DYNON AVIONICS, INC. 

12. EIT Avionics 

13. f.u.n.k.e. AVIONICS GmbH 

14. Flybox Avionics 

15. Gables Engineering 

16. Garmin International