Industrial Display Market is expected to reach USD 9.14 billion by 2029, with a CAGR of 6.13 % between 2022 and 2029.
Industrial Display Market Report Overview
The analysis examines current and future conditions in the Industrial Display Market, giving unique insights and up-to-date data across major segments. The report includes crucial research topics in the Industrial Display market, including revenue generation, sales, and overall income. To offer a comprehensive perspective, the report covers two separate scenarios that cover the whole Industrial Display market, including estimated Industrial Display sales during the forecast period.
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Industrial Display Market Report Scope and Research Methodology:
The primary purpose of the Industrial Display market study is to provide a thorough analysis in clear and simple terms. The analysis covers all of the major companies and essential features of the Industrial Display market, assessing numerous metrics such as volume, share, growth, and strategy. This research not only helps established organisations refine their operating plans, but it also provides strategic recommendations to new entrants. MMR’s research delves deeply into the Industrial Display market, identifying the leading worldwide businesses based on parameters such as volume, share, strategies, and growth. The research also includes tactics for both existing industry participants and potential Industrial Display market entrants. Furthermore, the global research for the Industrial Display market provides a detailed breakdown of regional share distribution, as well as an examination of development drivers in each area.
Industrial Display Market Dynamics:
The need for human-machine interface (HMI) devices is increasing, moving the industry ahead. Cost-effectiveness, durability, system dependability, extreme flexibility, speed, system efficiency, lightweight technology, low-power consumption, quick installation, extended product lifespan, and configurable features are all elements driving market growth. Similarly, rising acceptance of IoT-based devices, increased development in LED-backlit LCD-based display solutions, technological progress of high-spec display devices, and rising demand for digital signage displays are expected to grow rapidly over the projection period.
Industrial Display Market Segmentation:
by Technology
LCD
LED
OLED
E-Paper Display
by Type
Rugged Displays
Open Frame Monitors
Panel-Mount Monitors
Marine Displays
Video Walls
In 2022, LCD technology accounted for more than 40% of total sales. However, throughout the forecast period, its revenue share of the entire market is likely to fall. This might be due to the growing popularity of OLED technology, which offers pixel-by-pixel brightness adjustment that isn’t possible in LCDs or LEDs. Secondly, as compared to LCDs and LEDs, OLEDs control contrast effects better. Over the forecast period, OLED technology is expected to grow at the fastest rate.
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Industrial Display Market Regional Insights:
In 2022, the North American region dominated the industrial display market, accounting for more than 30% of total sales. Increased expenditures in IIoT applications and multi-featured HMI devices are the factors for the markets growth in the region. Over the forecast period, the region’s increased usage of HMIs and digital signs is likely to bring up new business prospects. Additionally, the region was one of the first to embrace industrial automation, and it is expected to incorporate these displays at a quicker rate in the forecast period.
Industrial Display Market Key Players:
1. LG Display Co., Ltd
2. Samsung Electronics Co., Ltd.
3. AU Optronics Corp.
4. Innolux Corp.
5. Japan Display Inc.
6. Sharp Corp.
7. BOE Technology Group Co.
8. Hannstar Display Corp.
9. Varitronix International Limited
10.TCL Display Technology Holdings Limited
11.Universal Display Corp.
12.E Ink Holdings Inc.
13.Panasonic Corp
14.Planar Systems
15.NEC
16.Advanced Co.Ltd
17.Hope Industrial system Inc.
18.Advantech
19.iTG
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Table of Content: Industrial Display Market
Part 01: Executive Summary
Part 02: Scope of the Industrial Display Market Report
Part 03: Industrial Display Market Landscape
Part 04: Industrial Display Market Sizing
Part 05: Industrial Display Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
Key Offerings:
- Past Market Size and Competitive Landscape (2023-2029)
- Past Pricing and price curve by region (2023-2029)
- Market Size, Share, Size Forecast by different segment | 2024-2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segments and their sub-segments
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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