Multi-Function Display (MFD) Global Market Report 2026

A multi-function display (MFD) is an electronic screen designed to showcase various types of information from different sources in one integrated interface. It consolidates and presents real-time data such as navigation, system monitoring, communication, weather updates, and other essential details. The MFD enhances situational awareness, boosts operational efficiency, and improves safety by offering a unified and user-friendly display of critical information.

The main types of multi-function displays (MFD) include electronic flight displays (EFD), head-up displays (HUD), head-mounted displays (HMD), helmet-mounted displays (HMD), and portable multi-function displays. Electronic flight displays (EFD) are a specific type of MFD used in aviation, particularly within aircraft cockpits, to present flight and navigation data digitally to pilots. These displays integrate multiple flight instruments, such as altimeters, airspeed indicators, navigation maps, radar, and engine monitoring systems, into a single, easy-to-read interface. This integration improves situational awareness and operational efficiency. Technologies used to build these displays include liquid crystal display (LCD), organic light-emitting diode (OLED), light-emitting diode (LED), thin-film transistor (TFT), and vertical alignment (VA). These MFD systems are deployed across various platforms, including airborne, land, and naval, and are utilized in applications such as aviation, marine, automotive, consumer electronics, and industrial sectors.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs have impacted the multi-function display market by increasing costs for imported display panels, semiconductors, and precision electronic components, disrupting global supply chains and lengthening production cycles. Aviation, automotive, and defense-related display segments are most affected, particularly in Asia-Pacific and Europe where electronics manufacturing and component sourcing are concentrated. These cost pressures have slowed procurement cycles and increased system prices for OEMs. However, tariffs have also encouraged localization of manufacturing, supplier diversification, and investments in domestic display production capabilities, supporting long-term supply resilience.

The multi-function display (MFD) market research report is one of a series of new reports from The Business Research Company that provides multi-function display (MFD) market statistics, including the multi-function display (MFD) industry's global market size, regional shares, competitors with a multi-function display (MFD) market share, detailed multi-function display (MFD) market segments, market trends and opportunities, and any further data you may need to thrive in the multi-function display (MFD) industry. This multi-function display (MFD) market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The multi-function display (mfd) market size has grown rapidly in recent years. It will grow from $23.93 billion in 2025 to $26.54 billion in 2026 at a compound annual growth rate (CAGR) of 10.9%. The growth in the historic period can be attributed to increasing adoption of glass cockpit systems, rising demand for centralized system monitoring, advancements in LCD and TFT technologies, military modernization programs, growth in aviation and marine navigation systems.

The multi-function display (mfd) market size is expected to see rapid growth in the next few years. It will grow to $40.1 billion in 2030 at a compound annual growth rate (CAGR) of 10.9%. The growth in the forecast period can be attributed to rising deployment of autonomous platforms, increasing use of real-time data fusion displays, growing demand for OLED and AR-enabled displays, expansion of electric and smart vehicles, higher focus on operator safety and mission efficiency. Major trends in the forecast period include ai-driven situational awareness enhancement, autonomous vehicle and platform display integration, connected and interoperable display ecosystems, cloud-enabled data visualization and cybersecurity-focused displays, immersive and augmented visualization interfaces.

The increasing demand for energy-efficient displays is expected to drive the growth of the multi-function display (MFD) market in the coming years. Energy-efficient displays are designed to consume less power while delivering high performance in terms of brightness, color quality, and responsiveness. This growing demand is largely driven by heightened consumer awareness of environmental impact, which leads to a preference for products that reduce energy consumption and carbon footprints. MFDs contribute to energy efficiency by integrating multiple functions into a single, low-power display, eliminating the need for separate energy-intensive devices. For example, in November 2024, the European Commission, a Belgium-based executive body of the European Union (EU), reported that approximately 70 million electronic displays, including energy-efficient TVs, computer monitors, and signage displays, are sold annually in the EU, generating around $34.12 billion (€30 billion) in revenue. The stock of such displays is expected to reach around 600 million units by 2030. As a result, the increasing demand for energy-efficient displays is fueling growth in the multi-function display (MFD) market.

Leading companies in the multi-function display (MFD) market are increasingly focusing on incorporating artificial intelligence (AI) and dynamic energy-saving technologies to boost efficiency and sustainability. These technologies optimize energy consumption by adjusting parameters including brightness and contrast based on content and ambient lighting conditions, ensuring energy efficiency while maintaining high display quality. For example, in October 2024, Furuno Electric Co. Ltd., a Japan-based marine electronics company, launched the TZTBBX Black Box Multi-Function Display. This advanced navigation system, designed for both professional and recreational maritime users, is powered by a robust hexacore processor and features an intuitive multi-touch interface. A key highlight of the TZTBBX is its ability to support up to six simultaneous split-screen views on displays of virtually any size, offering highly customizable and efficient operation. Additionally, the TZTBBX incorporates the innovative TZ MAPS platform, which utilizes AI-enhanced routing features to optimize safety and efficiency during navigation.

In July 2024, Aspen Avionics Inc., a U.S.-based manufacturer of aircraft avionics, teamed up with Electronics International Inc. to integrate engine monitoring capabilities into Aspen's Evolution multi-function displays. This collaboration enables pilots to view essential engine data, such as fuel flow and temperature readings, directly on the MFD screen, improving situational awareness and reducing the workload in the cockpit. Electronics International Inc. is a US-based company specializing in the development and manufacturing of advanced engine monitoring systems for aircraft.

Major companies operating in the multi-function display (mfd) market are RTX Corporation, Lockheed Martin Corporation, Honeywell International Inc., BAE Systems plc., Eaton Corporation plc, Thales S.A., Elbit Systems Ltd, Teledyne Technologies Incorporated, Garmin Ltd, Saab AB, Esterline Technologies Corporation, Barco NV, Astronautics Corporation of America, Universal Avionics Systems Corporation, CMC Electronics Inc., Avidyne Corporation, Aspen Avionics Inc., Samtel Hal Display Systems Limited, Simrad Yachting, IRTS.

North America was the largest region in the multi-function display (MFD) market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the multi-function display (mfd) market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the multi-function display (mfd) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The multi-function display (MFD) market consists of sales of primary flight displays, navigation displays, and tactical displays. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Multi-Function Display (MFD) Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses multi-function display (mfd) market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for multi-function display (mfd) ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The multi-function display (mfd) market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
• The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
• The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
• The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
• The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
• The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

• Markets Covered:1) By Product: Electronic Flight Displays (EFD); Head-Up Displays (HUD); Head Mounted Display (HMD); Helmet-Mounted Displays (HMD); Portable Multi-Function Displays
• 2) By Technology: Liquid Crystal Display (LCD); Organic Light Emitting Diode (OLED); Light Emitting Diode (LED); Thin-Film Transistor (TFT); Vertical Alignment (VA)
• 3) By Platform: Airborne; Land; Naval
• 4) By Application: Aviation; Marine; Automotive; Consumer Electronics; Industrial
• Subsegments:
• 1) By Electronic Flight Displays (EFD): Primary Flight Displays (PFD); Navigation Displays (ND); Engine Indicating And Crew Alerting Systems (EICAS); Multi-Function Control And Display Units (MCDU)
• 2) By Head-Up Displays (HUD): Conventional Head-Up Displays (HUD); Combiner Head-Up Displays (HUD); Windshield Head-Up Displays (HUD); Augmented Reality Head-Up Displays (HUD)
• 3) By Head Mounted Display (HMD): Optical See-Through Head Mounted Display (HMD); Video See-Through Head Mounted Display (HMD); Augmented Reality Head; Mounted Display (HMD); Virtual Reality Head Mounted Display (HMD)
• 4) By Helmet-Mounted Displays (HMD): Fixed-Wing Aircraft Helmet Displays; Rotary-Wing Aircraft Helmet Displays; Military Helmet-Mounted Displays; Commercial Helmet-Mounted Displays
• 5) By Portable Multi-Function Displays: Handheld Display; Tablet-Based Displays; Ruggedized Portable Displays; Portable Navigation Systems
• Companies Mentioned: RTX Corporation; Lockheed Martin Corporation; Honeywell International Inc.; BAE Systems plc.; Eaton Corporation plc; Thales S.A.; Elbit Systems Ltd; Teledyne Technologies Incorporated; Garmin Ltd; Saab AB; Esterline Technologies Corporation; Barco NV; Astronautics Corporation of America; Universal Avionics Systems Corporation; CMC Electronics Inc.; Avidyne Corporation; Aspen Avionics Inc.; Samtel Hal Display Systems Limited; Simrad Yachting; IRTS.
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.
• Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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