Industrial Display Market: Global Industry Analysis and Forecast 2021-2027: By Type, Technology, End-User, and Region.

Industrial Display Market is expected to reach USD 8.16 billion by 2027, with a CAGR of 5.87 % between 2021 and 2027. Industrial displays are a type of display system that offers a wide range of dependable display screens, including digital signage displays, industrial touch monitors, and customized monitors. The industrial display market is divided into three segments: technology, type, end-user, and region. In addition, the report gives a broad overview of the Industrial displays market, highlighting common patterns and providing data that may be tweaked as required. MMR analysts are examining the intangible truths underlying the market's basic limitations, opportunities, and threats that are expected to affect its growth during the forecast period (2021-2027). Industrial Display Market To know about the Research Methodology :- Request Free Sample Report In the report, 2021 is considered a base year however 2021’s numbers are on the real output of the companies in the market. Special attention is given to 2021 and the effect of lockdown on the demand and supply, and also the impact of lockdown for the next two years on the market. Some companies have done well in lockdown also and a specific strategic analysis of those companies is done in the report.

Industrial Display Market Dynamics

The need for human-machine interface (HMI) devices is increasing, which is propelling the market forward. Cost-effectiveness, durability, system dependability, extreme flexibility, speed, system efficiency, lightweight technology, low-power use, quick installation, longer product lifespan, and configurable features are all factors that contribute to market growth. Similarly, throughout the forecast period, rising adoption of IoT-based devices, enhanced development in LED-backlit LCD-based display solutions, technical advancement of high-spec display devices, and increasing demand for digital signage displays are likely to see rapid growth. Because of the increased acceptance of LED and LCD displays, the rising demand for HMI devices, and the rising usage of IoT-based technologies, the market has grown at a promising rate in recent years. In the forecast period, increased consumer demand for high-specification display solutions is also expected to benefit the global industrial display market. The industrial display market's capital-intensive production structure, on the other hand, may limit the market's ability to capitalize on growth possibilities in cost-sensitive regional markets. The growth of the industrial display market is being aided by rising demand for HMI devices. The global market for industrial displays is growing because of the rising demand for human-machine interface (HMI) applications in the manufacturing and process sectors. Human Machine Interfaces (HMIs) and other displays can adapt to changing production demands and closely monitor production operations, reducing downtime and enhancing employee productivity. The market is growing as a result of this tendency. Furthermore, the market is expanding because of the increasing need for digital signage applications in sectors. Secondly, the market has grown rapidly in recent years as a result of the growing popularity of LED and LCD displays, as well as the growing usage of IoT-based technologies. Cost-effectiveness, durability, system reliability, extreme adaptability, speed, system efficiency, lightweight technology, low-power usage, easy installation, extended product lifespan, and customizable features are all advantages of the industrial display, which have a positive impact on the market.

Industrial Display Market Segmentation Analysis

In 2021, 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.

Industrial Display MarketIndustrial Display Market Regional Insight

In 2021, 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. Besides this, South Asian countries such as China, Japan, and India are likely to drive demand for industrial displays in the Asia Pacific. As a result, Asia Pacific is expected to grow at a CAGR of 5% during the forecast period. Manufacturing and power generation are expected to play a key role in driving market growth in this region. Report Objectives: • Landscape analysis of the Industrial Display Market • competitive benchmarking • Past and current status of the industry with the forecasted market size and trends • Evaluation of potential key players that include market leaders, followers, and new entrants • Technology trends • The potential impact of micro-economic factors on the market • External and Internal factors affecting the market have been analyzed The report also helps in understanding the Industrial Display Market dynamics, and structure by analyzing the market segments to project the Industrial Display Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Industrial Display Market make the report investor’s guide.

Industrial Display Market Scope: Inquiry Before Buying

   Industrial Display Market
Report Coverage Details
Base Year: 2021 Forecast Period: 2022-2027
Historical Data: 2017 to 2021 Market Size in 2021: US $ 5.79 Bn
Forecast Period 2022 to 2027 CAGR: 5.87 % Market Size in 2027: US $ 8.16 Bn.
Segments Covered: by Type • Rugged Displays • Open Frame Monitors • Panel-Mount Monitors • Marine Displays • Video Walls
by Technology • LCD • LED • OLED • E-Paper Display
by End-User • Automotive and aerospace • Healthcare • Transportation • Retail • BFSI • Government and Defence • Industrial • Others (Hospitality and Education)

Industrial Display Market by Region

• North America • Europe • Asia pacific • The Middle East and Africa • South America

Industrial Display Market: Key Players

LG Display Co., Ltd. • Samsung Electronics Co., Ltd. • AU Optronics Corp. • Innolux Corp. • Japan Display Inc. • Sharp Corp. • BOE Technology Group Co. • Hannstar Display Corp. • Varitronix International Limited • TCL Display Technology Holdings Limited • Universal Display Corp. • E Ink Holdings Inc. • Panasonic Corp • Planar Systems • NEC • Advanced Co.Ltd • Hope Industrial system Inc. • Advantech • iTG Frequently Asked Questions 1. What is the projected market size & growth rate of the Industrial Display Market? Ans- The Industrial Display Market was valued at USD 5.79 billion in 2021 and is projected to reach USD 8.16 billion by 2027, growing at a CAGR of 5.87 % during the forecast period. 2. What is the key driving factor for the growth of the Industrial Display Market? Ans- The need for human-machine interface (HMI) devices is increasing, which is propelling the market forward. 3. Which Region accounted for the largest Industrial Display Market share? Ans- In 2021, the North American region dominated the industrial display market, accounting for more than 30% of total sales. 4. What makes the North America a Lucrative Market for Industrial Display Market? Ans- Increased expenditures in IIoT applications and multi-featured HMI devices are the factors for the markets growth in the region. 5. What are the top players operating in the Industrial Display Market? Ans- LG Display Co., Ltd., Samsung Electronics Co., Ltd., AU Optronics Corp., Innolux Corp., Japan Display Inc., and Sharp Corp.
1. Global Industrial Display Market: Research Methodology 2. Global Industrial Display Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to the Global Industrial Display Market 2.2. Summary 2.1.1. Key Findings 2.1.2. Recommendations for Investors 2.1.3. Recommendations for Market Leaders 2.1.4. Recommendations for New Market Entry 3. Global Industrial Display Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12 COVID-19 Impact 4. Global Industrial Display Market Segmentation 4.1 Global Industrial Display Market, by Type (2021-2027) • Rugged Displays • Open Frame Monitors • Panel-Mount Monitors • Marine Displays • Video Walls 4.2 Global Industrial Display Market, by Technology (2021-2027) • LCD • LED • OLED • E-Paper Display 4.3 Global Industrial Display Market, by End-User (2021-2027) • Automotive and aerospace • Healthcare • Transportation • Retail • BFSI • Government and Defence • Industrial • Others (Hospitality and Education) North America Industrial Display Market (2021-2027) 5.1 North American Industrial Display Market, by Type (2021-2027) • Rugged Displays • Open Frame Monitors • Panel-Mount Monitors • Marine Displays • Video Walls 5.2 North America Industrial Display Market, by Technology (2021-2027) • LCD • LED • OLED • E-Paper Display 5.3 North America Industrial Display Market, by End-User (2021-2027) • Automotive and aerospace • Healthcare • Transportation • Retail • BFSI • Government and Defence • Industrial • Others (Hospitality and Education) 5.4. North America Industrial Display Market, by Country (2021-2027) • United States • Canada • Mexico 5. European Industrial Display Market (2021-2027) 6.1. European Industrial Display Market, by Type (2021-2027) 6.2. European Industrial Display Market, by Technology (2021-2027) 6.3 European Industrial Display Market, by End-User (2021-2027) 6.4. European Industrial Display Market, by Country (2021-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 6. Asia Pacific Industrial Display Market (2021-2027) 7.1. Asia Pacific Industrial Display Market, by Type (2021-2027) 7.2. Asia Pacific Industrial Display Market, by Technology (2021-2027) 7.3 Asia Pacific Industrial Display Market, by End-User (2021-2027) 7.4. Asia Pacific Industrial Display Market, by Country (2021-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 7. The Middle East and Africa Industrial Display Market (2021-2027) 8.1. Middle East and Africa Industrial Display Market, by Type (2021-2027) 8.2. Middle East and Africa Industrial Display Market, by Technology (2021-2027) 8.3 Middle East and Africa Industrial Display Market, by End-User (2021-2027) 8.4. Middle East and Africa Industrial Display Market, by Country (2021-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 8. Latin America Industrial Display Market (2021-2027) 9.1. Latin America Industrial Display Market, by Type (2021-2027) 9.2. Latin America Industrial Display Market, by Technology (2021-2027) 9.3 Latin America Industrial Display Market, by End-User (2021-2027) 9.4. Latin America Industrial Display Market, by Country (2021-2027) • Brazil • Argentina • Rest Of Latin America 9. Company Profile: Key players  LG Display Co., Ltd. 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments  Samsung Electronics Co., Ltd.  AU Optronics Corp.  Innolux Corp.  Japan Display Inc.  Sharp Corp.  BOE Technology Group Co.  Hannstar Display Corp.  Varitronix International Limited  TCL Display Technology Holdings Limited  Universal Display Corp.  E Ink Holdings Inc.  Panasonic Corp  Planar Systems  NEC  Advanced Co.Ltd  Hope Industrial system Inc.  Advantech  iTG

About This Report

Report ID 55710
Category Electronics
Published Date April 2020
Updated Date April 2022
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