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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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NASA Invites Media to Launch of Cosmic Origins, Solar Wind Missions

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January 13, 2025

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WASHINGTON, Jan. 13, 2025 /PRNewswire/ — Media accreditation is open for the launch of two NASA missions that will explore the mysteries of our universe and Sun.

The agency is targeting late February to launch its SPHEREx (Spectro-Photometer for the History of the Universe, Epoch of Reionization and Ices Explorer) observatory, a space telescope that will create a 3D map of the entire sky to help scientists investigate the origins of our universe. NASA’s PUNCH (Polarimeter to Unify the Corona and Heliosphere) mission, which will study origins of the Sun’s outflow of material, or the solar wind, also will ride to space with the telescope.

NASA and SpaceX will launch the missions aboard the company’s Falcon 9 rocket from Space Launch Complex 4E at Vandenberg Space Force Base in California.

Accredited media will have the opportunity to participate in a series of prelaunch briefings and interviews with key mission personnel, including a science briefing the week of launch. NASA will communicate additional details regarding the media event schedule as the launch date approaches.

Media interested in covering the launch must apply for media accreditation. The application deadline for U.S. citizens is 11:59 p.m. EST, Thursday, Feb. 6, while international media without U.S. citizenship must apply by 11:59 p.m., Monday, Jan. 20.

NASA’s media accreditation policy is available online. For questions about accreditation, please email: ksc-media-accreditat@mail.nasa.gov. For other mission questions, please contact the newsroom at NASA’s Kennedy Space Center in Florida at 321-867-2468.

Para obtener información sobre cobertura en español en el Centro Espacial Kennedy o si desea solicitar entrevistas en español, comuníquese con Antonia Jaramillo: 321-501-8425, o Messod Bendayan: 256-930-1371.

Updates about spacecraft launch preparations are available on the agency’s SPHEREx blog and PUNCH blog.

The SPHEREx mission will observe hundreds of millions of stars and galaxies in infrared light, a range of wavelengths not visible to the human eye. With this map, SPHEREx will enable scientists to study inflation, or the rapid expansion of the universe a fraction of a second after the big bang. The observatory also will measure the collective glow from galaxies near and far, including light from hidden galaxies that individually haven’t been observed, and look for reservoirs of water, carbon dioxide, and other key ingredients for life in our home galaxy.

Launching as a rideshare with SPHEREx, the agency’s PUNCH mission is made up of four suitcase-sized satellites that will spread out around Earth’s day-night line to observe the Sun and space with a combined field of view. Working together, the four satellites will map out the region where the Sun’s outer atmosphere, the corona, transitions to the solar wind, or the constant outflow of material from the Sun.

The SPHEREx observatory is managed by NASA’s Jet Propulsion Laboratory in Southern California for the Astrophysics Division within the agency’s Science Mission Directorate in Washington. The mission principal investigator is based jointly at NASA JPL and Caltech. Formerly Ball Aerospace, BAE Systems built the telescope, supplied the spacecraft bus, and performed observatory integration. The science analysis of the SPHEREx data will be conducted by a team of scientists located at 10 institutions in the U.S., two in South Korea, and one in Taiwan. Data will be processed and archived at IPAC at Caltech. The SPHEREx data set will be publicly available.

The agency’s PUNCH mission is led by Southwest Research Institute’s office in Boulder, Colorado. The mission is managed by the Explorers Program Office at NASA’s Goddard Space Flight Center in Greenbelt, Maryland, for NASA’s Science Mission Directorate. NASA’s Launch Services Program, based at NASA Kennedy, manages the launch service for the SPHEREx and PUNCH missions.

For more details about the SPHEREx mission and updates on launch preparations, visit:

https://science.nasa.gov/mission/spherex/

 

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SOURCE NASA

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Ragie Launch Week: Game-Changing RAG Tooling for Developers

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January 13, 2025

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SAN FRANCISCO, Jan. 13, 2025 /PRNewswire/ — Ragie, the innovative leader in Retrieval Augmented Generation (RAG) technology, is proud to announce its first-ever Launch Week.  Beginning today, Ragie will unveil several highly anticipated features requested by its growing user base that are designed to make AI applications faster and easier to build.

 

Three key announcements are being made during this three-day event: Ragie Connect, Advanced Retrieval Mode and Base Chat.

Ragie Connect

Many of Ragie’s customers have asked for a way to use its robust RAG pipeline in their SaaS applications, which is why the team developed Ragie Connect. Ragie Connect connects your AI application with your users’ data with minimal code. It handles authentication and automatic user-data syncing from data sources like Google Drive, Salesforce, Notion, and more, so developers can easily embed RAG in their applications.

“Ragie Connect is a lot like Plaid for AI”, said Bob Remeika, CEO of Ragie.  “With just a little bit of code, you can sync your users’ data with your application.  It’s similar to other iPaaS systems in that it handles authentication and data syncing, except Ragie Connect is purpose built for AI applications which really sets it apart.”

Ragie Advanced Retrieval Mode

Ragie looks very simple by design, but there are a lot of advanced features like Hybrid Search and Reranking. These work in the background to help it achieve 99.4% precision on LegalBench-RAG and a 137% improvement on FinanceBench with semantic, hybrid, and hierarchical retrieval. Ragie’s new “recency bias” feature ensures that the most current data is prioritized during retrieval in use cases where live data is more important than historical knowledge bases.

“Our goal is to set the standard for retrieval accuracy and developer experience in the industry,” said Mohammed Rafiq, CTO of Ragie.

Ragie Base Chat

Ragie is releasing an open source multi-tenant chatbot called Ragie Base Chat, which is powered by Ragie Connect and connects to your company’s knowledge base. It’s like a self-hosted “Glean light” that allows companies to chat with their data from Google Drive, Salesforce, Notion, and more. The Base Chat release will also contain 5 new native connectors including Slack, Hubspot, Dropbox, GCS, and S3 to meet the needs of new and existing customers in multiple verticals. A fully hosted version of Base Chat is coming soon.

These updates are just the latest in Ragie’s ongoing evolution as the leading RAG-as-a-Service platform for developers. Visit www.ragie.ai to learn more about the Launch Week, Ragie Connect, and more.

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SOURCE Ragie

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HYDRO-QUÉBEC ISSUE OF DEBENTURES DUE FEBRUARY 15, 2065 ON THE CANADIAN MARKET

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January 13, 2025

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MONTREAL, Jan. 13, 2025 /CNW/ – Hydro-Québec announces that it has negotiated on the Canadian domestic market the issue of CA$500,000,000 of Debentures, Series JU, maturing on February 15, 2065.

The Debentures, with a coupon of 4.00%, payable semi-annually, will be offered on the market at a price of 91,495 plus interest deemed to have accrued from August 15, 2024. The yield is 4.457%.

The lead manager for this issue is National Bank Financial Inc. with Scotia Capital Inc. and The Toronto-Dominion Bank acting as co-lead managers, BMO Nesbitt Burns Inc., Casgrain & Company Limited, CIBC World Markets Inc., Desjardins Securities Inc., Laurentian Bank Securities Inc. and RBC Dominion Securities Inc. acting as other managers.

This is the third additional tranche of Debentures, Series JU, issued initially on September 19, 2024 and the total aggregate principal amount of Debentures outstanding under this Series now amounts to CA$2,000,000,000.

SOURCE Hydro-Québec

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