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Display for Avionics Applications Market size is set to grow by USD 1.32 billion from 2024-2028, Growing demand for automation boost the market, Technavio

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NEW YORK, June 17, 2024 /PRNewswire/ — The global display for avionics applications market size is estimated to grow by USD 1.32 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 4.46% during the forecast period. Growing demand for automation is driving market growth, with a trend towards introduction of automatic ground collision avoidance system (auto-gcas). However, barriers to adoption of new technologies and equipment poses a challenge. Key market players include Astronautics Corp. of America, Astronics Corp., Avidyne Corp., BAE Systems Plc, Diehl Stiftung and Co. KG, Elbit Systems Ltd., Excelitas Technologies Corp., FDS Avionics Corp., Gables Engineering Inc., Garmin Ltd., General Electric Co., Honeywell International Inc., L3Harris Technologies Inc., Mercury Systems Inc., Nytric Ltd., Parker Hannifin Corp., RTX Corp., ScioTeq BV, Thales Group, and The Boeing Co..

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

Display for Avionics Applications Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 4.46%

Market growth 2024-2028

USD 1329.6 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

4.2

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 47%

Key countries

US, France, China, Germany, and UK

Key companies profiled

Astronautics Corp. of America, Astronics Corp., Avidyne Corp., BAE Systems Plc, Diehl Stiftung and Co. KG, Elbit Systems Ltd., Excelitas Technologies Corp., FDS Avionics Corp., Gables Engineering Inc., Garmin Ltd., General Electric Co., Honeywell International Inc., L3Harris Technologies Inc., Mercury Systems Inc., Nytric Ltd., Parker Hannifin Corp., RTX Corp., ScioTeq BV, Thales Group, and The Boeing Co.

Market Driver

The global display for avionics applications market is set to experience growth due to increasing demand for advanced collision avoidance systems. Notable developments include the Naval Air Systems Command’s USD12.4 million contract awarded to Boeing for Auto-GCAS flight control computer upgrades. This technology enhances the capacity of Navy Boeing F/A-18C/D aircraft to prevent controlled flight into terrain during challenging missions. NASA and the US Air Force also focus on implementing this technology in lower-performance aircraft and UAVs.

The US Air Force Research Laboratory is working on air collision prevention technology, which will eventually be integrated with Auto-GCAS to provide a comprehensive collision avoidance system. 

The Displays for Avionics Applications market is experiencing significant growth, driven by the increasing use of advanced technology in the aerospace industry. Head-up displays, cockpit displays, and multifunction displays are becoming increasingly common in modern aircraft.

Usage of these displays is crucial for improving safety and efficiency in flight. Displays play a vital role in real-time data presentation, enabling pilots to make informed decisions. The trend towards digitization and automation in avionics is further fueling the demand for advanced displays. The market for displays in avionics is expected to continue its upward trajectory in the coming years. 

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

The global Display for Avionics Applications market faces regulatory challenges due to the highly regulated commercial aircraft industry. Vendors must comply with stringent regulations from organizations like the FAA, ICAO, and EASA for safety reasons. New technologies come with high costs and the need for expertise, leading to cost recovery throughout the equipment’s lifecycle.The operation of unmanned aircraft in Network Attached Storage (NAS) could increase bandwidth demand, straining civil aviation wireless communications. Innovations require significant backing from manufacturers and MRO service providers due to complex repair processes. These factors may impact market growth during the forecast period.The Displays for Avionics Applications market faces several challenges. These include the need for high-performance, low-power displays for extended flight hours. The requirement for ruggedized displays that can withstand extreme temperatures and vibrations is also crucial.Additionally, the integration of advanced features such as multi-touch and gesture recognition adds complexity to the design process. Furthermore, the need for compliance with aviation safety standards and regulations adds to the challenges. Lastly, the increasing demand for larger, high-resolution displays for enhanced situational awareness poses a significant challenge for manufacturers.

For more insights on driver and challenges – Request a sample report!

Segment Overview 

End-user 1.1 Civil aviation1.2 Military aviationType 2.1 In-flight display2.2 Heads-up display (HUD)Geography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 Civil aviation- The Display for Avionics Applications market caters to the demand for advanced visual systems in aircraft cockpits. These displays offer pilots essential information, enhancing safety and efficiency. They replace traditional gauges and provide real-time data, improving situational awareness. The market’s growth is driven by technological advancements and increasing air traffic. Manufacturers focus on developing lightweight, cost-effective, and high-resolution displays to meet industry requirements.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Research Analysis

The Display for Avionics Applications market encompasses a range of cockpit components, including Primary Flight Displays and Multifunction Displays, available in various sizes: less than 5 inches, 5 to 10 inches, and greater than 10 inches. These displays cater to both military and commercial aviation industries, integrating into new aircraft designs. Enhanced safety and situational awareness are key benefits, with automated flight control systems and lightweight components contributing to improved avionics applications.

Modern cockpit displays offer touchscreens, wide viewing angles, and high-resolution graphics, while user interfaces ensure ease of use for pilots. Multifunction displays, Head-up displays, and Flight instruments provide essential information, outside views, and advanced features, all crucial for ensuring flight safety in the aviation industry.

Market Research Overview

The Displays for Avionics Applications market encompasses a range of technologies designed to enhance the functionality and safety of aircraft systems. These displays utilize advanced features such as full-color graphics, multi-touch capabilities, and high-resolution displays to provide pilots and aircraft maintenance personnel with real-time information. The market includes various types of displays, including primary flight displays, multifunction displays, head-up displays, and electronic flight instrument displays.

These displays are integral to modern avionics systems, enabling improved situational awareness, increased efficiency, and enhanced safety in the cockpit. The market for Displays for Avionics Applications is expected to grow significantly due to the increasing demand for advanced avionics systems in both commercial and military aircraft.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

End-userCivil AviationMilitary AviationTypeIn-flight DisplayHeads-up Display (HUD)GeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Technology

Roadrunner Announces General Rate Increase

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Top-tier LTL trucker implements first across-the-board rate action since 2021

CHICAGO, Jan. 13, 2025 /PRNewswire/ — Roadrunner, the greatest comeback story in transportation’s history and now a leading provider of direct metro-to-metro, Less-than-Truckload (LTL) long-haul transportation services across the United States and Canada, today announced a general rate increase (GRI) of 6.9%, effective January 15, 2025. This increase applies to rates set up under the existing RDFS 501 tariff, which was implemented on November 29, 2021.

“After three years without an across-the-board rate adjustment, this increase is a necessary step to ensure we can continue to meet the evolving needs of our customers while delivering the highest levels of service and operational excellence,” said Thu Vu, Director of Pricing. “As part of Roadrunner’s commitment to long-term, sustainable growth, this adjustment will enable us to enhance our capabilities, maintain industry-leading service levels, and continue investing in our award-winning network.”

The general rate increase will be applied across select lanes, adjusted in line with operational requirements. The GRI will affect each customer differently, depending on their specific shipping lanes and total distance traveled. In addition to the rate increase, several accessorial charges in the Roadrunner 100 Rules Tariff will also be implemented. These adjustments reflect rising operational costs and will support enhancements to the company’s comprehensive service offerings.

Commitment to Service Excellence and Innovation

Since 2020, Roadrunner has prioritized on-time delivery and superior service quality. The company is proud to have built one of the industry’s most reliable networks, consistently achieving on-time performance and expedited service that exceeds customer expectations. In 2024, Roadrunner achieved the highest jump in Net Promoter Score (NPS) and Customer Value Index score of any company as ranked by Mastio, the industry’s most recognizable operational audit and reputation survey. The rate increase will help support their prominent level of service as they continue to expand and improve their infrastructure.

In the coming year, Roadrunner will further strengthen its industry-leading direct metro-to-metro network, ensuring faster and more reliable connections between major metropolitan areas across North America. The company is also investing heavily in innovative technologies and automation, driving efficiency and enhancing the customer experience. Their commitment to innovation will continue to set them apart as they build a best-in-class transportation network, designed to meet the growing demands of the modern supply chain.

“Our investments in technology, automation, and infrastructure are aimed at creating a seamless, more efficient experience for our customers,” added Vu. “By focusing on innovation and expanding our capabilities, we are positioning Roadrunner for future growth and reinforcing our commitment to providing unparalleled value and service.”

Next Steps

For more details on how the general rate increase and accessorial charge adjustments may impact your shipments, please visit Roadrunner or contact your Roadrunner account representative.

About Roadrunner
Roadrunner offers more direct long-haul metro-to-metro shipping than any other nationwide LTL carrier in the United States. With nationwide presence and terminals across 40+ metro markets, the company’s Smart Network™ is the preferred choice for shippers looking to move freight quickly and reliably. With Driver Teams executing Over-the-Road (OTR) moves and no freight moving on rail, their customers enjoy industry-leading transit times. The award-winning operations platform is fueled by AI and ML technology assuring integrity of custodial controls of freight and real-time tracking and visibility. Direct routing eliminates the need for rehandles and freight handovers and hence reduces the risk of loss or damage.   

More than 1,000 drivers leverage the Roadrunner Smart Network™ to empower their businesses and are fiscally motivated to deliver freight on time, intact, and damage free. Roadrunner was recognized by Newsweek™ as one of America’s Most Trustworthy Companies in 2022. (PINK: RRTS) 

To learn more about shipping with Roadrunner: https://www.roadrunnerLTL.com   

Explore careers in sales, operations, and technology at Roadrunner: https://www.shiproadrunnerfreight.com/careers/work-with-us/   
  
To drive for Roadrunner as Owner Operators and Teams: https://run4roadrunner.com/  

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SOURCE Roadrunner

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Illumina and NVIDIA collaborate to decode biology and propel precision health

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Collaboration combines Illumina’s sequencing technologies and Illumina Connected Software with NVIDIA tools to develop biological foundation models

SAN DIEGO, Jan. 13, 2025 /PRNewswire/ — Illumina, Inc. (NASDAQ: ILMN), a global leader in genomic sequencing and analysis, today announced it is collaborating with NVIDIA to advance technology platforms for the analysis and interpretation of multiomic data, accelerating progress in clinical research, genomics AI development, and drug discovery.

To optimize analysis of the vast amounts of data involved in multiomic research, Illumina and NVIDIA will combine advancements in AI with multiomic data at scale. Leveraging Illumina’s leading sequencing technology and informatics tools alongside NVIDIA’s leading AI technology, the partnership aims to accelerate drug discovery and clinical development, delivering powerful tools to help pharmaceutical companies identify new and better drug targets.

Illumina’s leading sequencing technology—as well as its menu of DRAGEN-powered multiomics offerings, genomics AI tools, and Illumina Connected Analytics platform—has streamlined genomic data generation and analysis. Illumina has invested in AI for genomic interpretation, developing the leading SpliceAI, PrimateAI-3D, and Emedgene xAI algorithms.

Now, in addition to its own efforts, Illumina will look to expand its customer offerings with models developed by the NVIDIA Biology Foundation Model Research Team and partners. Customers will also be able to leverage these models with their own proprietary datasets to improve the performance for biologically relevant tasks of interest, such as cell state or gene transcription prediction.

With this new partnership, the global R&D community can tap into rich genomic data by integrating NVIDIA RAPIDS™ accelerated data science software with the NVIDIA BioNeMo™ platform’s generative AI models and fine-tuning capabilities for proprietary datasets, as well as MONAI for spatial cell imaging workflows. Illumina and NVIDIA will work to make these tools accessible on the Illumina Connected Analytics platform.

“Over the past 20 years, Illumina has democratized sequencing, and with the progress in AI and multiomic analysis, we are enabling customers to derive novel insights for their applications,” said Rami Mehio, head of global software and informatics at Illumina. “This collaboration with NVIDIA moves us closer to that vision. This is also part of our commitment to continue to enrich our analysis and interpretation tools that will enable deeper biological insights, delivering total workflow solutions for our customers.”

“AI and data science will find their most profound application in genomics,” said Rory Kelleher, senior director, global head of Business Development, Healthcare and Life Sciences at NVIDIA. “Combining Illumina’s world-leading sequencing and analytics platforms with NVIDIA’s accelerated computing and AI, we will drive the next generation of genomics interpretation and democratize genomics for drug discovery through AI-powered insights.”

In the first phase of the collaboration, Illumina and NVIDIA will work toward enabling DRAGEN algorithms on NVIDIA GPUs. Bringing Illumina DRAGEN to NVIDIA accelerated computing will expand the accessibility of Illumina multiomics analysis. The two companies will also work to incorporate NVIDIA’s image processing and single-cell tertiary analysis tools onto the Illumina Connected Software multiomics module.

Use of forward-looking statements

This release may contain forward-looking statements that involve risks and uncertainties. Among the important factors to which our business is subject that could cause actual results to differ materially from those in any forward-looking statements are: (i) challenges inherent in developing and launching new products and services, including modifying and scaling manufacturing operations, and reliance on third-party suppliers for critical components; (ii) our ability to manufacture robust instrumentation and consumables; and (iii) the acceptance by customers of our newly launched products, which may or may not meet our and their expectations, together with other factors detailed in our filings with the Securities and Exchange Commission, including our most recent filings on Forms 10-K and 10-Q, or in information disclosed in public conference calls, the date and time of which are released beforehand. We undertake no obligation, and do not intend, to update these forward-looking statements, to review or confirm analysts’ expectations, or to provide interim reports or updates on the progress of the current quarter.

About Illumina

Illumina is improving human health by unlocking the power of the genome. Our focus on innovation has established us as a global leader in DNA sequencing and array-based technologies, serving customers in the research, clinical, and applied markets. Our products are used for applications in the life sciences, oncology, reproductive health, agriculture, and other emerging segments. To learn more, visit illumina.com and connect with us on X, Facebook, LinkedIn, Instagram, TikTok, and YouTube.

Contacts 

Investors:
Salli Schwartz
858-291-6421
IR@illumina.com

Media:
Christine Douglass
PR@illumina.com

 

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SOURCE Illumina, Inc.

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Mathnasium Launches New 3-Month Courses: Numerical Fluency & SAT® and ACT® Test Prep

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Leader in math-focused education introduces courses to build foundational skills for young learners and prepare high schoolers for college exams

LOS ANGELES, Jan. 13, 2025 /PRNewswire/ — Mathnasium Learning Centers, an internationally known franchise with over 1,100 math learning centers worldwide, is proud to announce two new opportunities for students to take advantage of Mathnasium’s proven curriculum and receive essential math skills in a hyper-focused 3-month course.

Our new 3-month numerical fluency course offers young students personalized support in a fun and engaging environment

3-Month Numerical Fluency Course
This course focuses on addition, subtraction, multiplication, and division for elementary school students. When they can easily recall these math facts, they have achieved Numerical Fluency, which is critical for a strong math foundation. Through personalized instruction students learn:

Critical thinking skills that take them beyond strict memorization of factsTo rely on their knowledge rather than inefficient techniques such as finger countingNew skills that give them confidence to tackle what comes next in higher grades

3-Month SAT and ACT Test Prep Course
This course is tailored for high school students, with the goal of enhancing their college entrance exam scores. Utilizing proven test-prep materials developed by math experts through years of research, the program equips students with the specific math skills needed for success on the SAT and ACT. Highlights include:

Practice tests that mirror actual exam questions, helping students navigate various problem types and contentExpert instructors focused on developing essential problem-solving abilitiesRepeated practice opportunities to reduce test anxiety and build confidence

“At Mathnasium, we recognize that establishing a solid math foundation early is essential for future success. Our new 3-month numerical fluency course offers young students personalized support in a fun and engaging environment, helping them develop their math skills and confidence,” said Tyler Sgro, CEO of Mathnasium. “Additionally, we’re excited to offer our proven test-prep curriculum in a focused 3-month program for high school students, preparing them effectively for the SAT and ACT. These initiatives are part of our ongoing effort to support students on their path to long-term achievement in math.”

Mathnasium Learning Centers specializes in math-only tutoring and is committed to providing the world’s best instruction. The goal: teach children math in a way that makes sense to them. For decades, the Mathnasium Method™ has transformed the way kids learn math — building students’ understanding of math concepts through personalized instruction and customized learning plans — all while producing tremendous results and helping students achieve their full potential — ­­in math and in life.

“Our programs are crafted to empower students at every level through personalized instruction that builds confidence and mastery in essential math concepts,” said John Bianchette, Vice President of Education and Training. “We focus on nurturing a strong sense of self-assurance and reducing test anxiety, helping students develop a deep understanding of fundamental skills that set them up for future success.”

Mathnasium has seen a notable rise in student enrollments, spurred by the increased need for supplemental education amid falling math scores since the pandemic. Recent data from the  Northwest Evaluation Association (NWEA) indicates that academic progress has slowed to below pre-pandemic levels, with achievement gaps expanding and, in some cases, reaching new lows.

To learn more about Mathnasium’s 3-month courses for elementary students, please visit: https://www.mathnasium.com/elementary-school.

For information on Mathnasium’s 3-month SAT/ACT test prep course, please visit: https://www.mathnasium.com/math-test-preparation.

About Mathnasium
Mathnasium Learning Centers is North America’s leading math-only supplemental education franchise. Since 2002, the Mathnasium Method™ — the result of decades of hands-on instruction and development — has been transforming the lives of children in grades K-12 by offering comprehensive assessments, fully individualized learning plans, and teaching true math comprehension. With more than 1,100 learning centers worldwide in 11 countries, Mathnasium has been named on Franchise Business Review’s Top 200 list 4 years in a row. The franchise has also been ranked on Entrepreneur Magazine’s list of top 500 franchises 18 times since 2004. For more information about Mathnasium franchise opportunities, visit https://mathnasiumfranchise.com/.

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SOURCE Mathnasium Learning Centers

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