Research and Markets Sets Military Aviation HUD Market CAGR at 4% for 2014-2019

market researchResearch and Markets has released a new report that predicts the global military aviation heads-up display market will grow 3.79 percent year over year from 2014 through 2019.

Asia Pacific countries will increase their defense budgets as these nations continue to expand their military modernization programs, Research and Markets said Thursday.

The report notes that India intends to purchase 130 Dassault Rafale fighter jets and new helicopters with $20 billion in investments.

Research and Markets expects the nation’s military upgrade to help drive market growth there.

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