Press release
Industrial Display System Market Analysis Research Report By LG Display, Samsung Electronics, TCL Display Technology, Universal Display, and E Ink Holdings
Industrial Display System Market, By Display Type (Flat panel, Flexible, Transparent), by Technology (LED-backlit LCD), by Application (Smartphone & Tablet, TV & Digital Signage), By End-User (Consumer electronics, Automotive and aerospace) - Forecast 2023
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Key Players:
The prominent players in the Industrial Display system Market are – LG Display Co., Ltd. (South Korea), Samsung Electronics Co., Ltd. (South Korea), AU Optronics Corp. (Taiwan), Innolux Corp. (Taiwan), and Japan Display Inc., (Japan), Sharp Corp. (Japan), BOE Technology Group Co. (China), Hannstar Display Corp. (Taiwan), Varitronix International Limited (Hong Kong), TCL Display Technology Holdings Limited (Hong Kong), Universal Display Corp. (U.S.), and E Ink Holdings Inc. (Taiwan) among others.
Market Scenario
The report analyses that the industrial display system market is on an upward growth trajectory due to its flexible and comprehensive solutions of display devices such as light-emitting diode ( LED ), liquid crystal display (LCD), organic light-emitting diode (OLED), l laser phosphor display (LPD), and many others. The global Industrial Display system market has been segmented on the basis of display type, technology, applications, end -users and region. The industrial display system market is anticipated to surge at 6.8% CAGR, reaching USD 6.71 Bn during the forecast period (2017-2023), predicts Market Research Future (MRFR) in its extensive report.
Industrial displays comprise an array of devices including computer monitors, televisions, instrument panels, aircraft cockpit displays, and others. These devices have various advanced features such as dust and moisture resistance, readability, improved impact resistance, durability, wide temperature range, improved contrast ratio, higher display brightness, and low-power consumption, making it appealing to large numbers of consumers globally. Technological developments of high definition display devices, high growth of LED-backlit LCD-based display solutions, progressing demand for human–machine interface (HMI) devices, and growing adoption of Internet of Things (IoT) drive the growth of the industrial display market.
However, high costs associated with acquisition and implementation of industrial displays undermine the growth of industrial display market. On the other hand, increasing consumer demand for high-specification display solutions is likely to pave the way for the industrial display market to flourish worldwide.
Market Segmentation
The industrial display system market has been segmented on the basis of display type, technology, application, and end-user.
By display type, the industrial display system market is segmented into flat panel, flexible, and transparent. The high demand for higher resolution and larger displays for mobile phones boosts the popularity of flat panel display systems. Also, high growth in consumer electronics consumption, augmenting technological advancements in high-quality displays, and decrease in display prices make the flat panel segment highly favorable globally.
By technology, the market is segmented into LED-backlit LCD, OLED, quantum dot LED, laser phosphor display (LPD), and interferometry modulator display (IMOD).
On the basis of application, the market is segmented into smartphone & tablet, TV & digital signage, E-readers, gaming consoles, vehicle and public transport, and others. The smartphone and tablet segment has been experiencing immense growth due to increasing use of water-resistance technology and increasing consumer demands for human-centric functions along with gesture recognition. Industrial display system end-users are consumer electronics, automotive, aerospace, government and defense, retail, and healthcare.
Regional Analysis
The industrial display system market is geographically segmented into Asia Pacific, North America, Europe, and Rest-of-the-World (RoW).
Among all regions, North America has been leading the industrial display system market due to technological advancements pertaining to clarity and resolution for the display screen. Moreover, rugged displays used for HMI applications and remote monitoring in the manufacturing sector also boosts the industrial display market growth in this region.
The Europe region is exhibiting a positive growth in the industrial display system market. Emergence of manufacturers of industrial display systems, product launches, and research and development activities by existing companies in Europe can create lucrative opportunities for the market in this region.
In the Asia Pacific region, countries like China, Japan, and South Korea have a fair share of this market. High demand for industrial display systems in manufacturing sectors drives the market growth in APAC region. Also, a considerable number of illustrious companies dealing with industrial displays based in APAC give way to the profitable market opportunities in this region.
Industry News
TCL Corporation plans to build a new production line for 8K and organic light-emitting diode (OLED) screens, at a cost of USD 6.71 Bn. The new production line, to be built in Shenzhen city, will have the capacity to manufacture 90,000 screens of the latest generation ultra-high definition variety every month. It will produce and sell 65-inch, 70-inch and 75-inch 8K resolution screens, and 65-inch and 75-inch OLED television screens. With this move, the company aims to follow the trend of semiconductor display technology, and establish itself in the market for industrial display systems.
Browse Full Report Details @ https://www.marketresearchfuture.com/reports/industrial-display-system-market-3160
Intended Audience
Raw material providers
Panel manufacturers
Brand customers
Display-related service providers
Display-related associations, organizations, forums, and alliances
Government bodies, such as regulating authorities and policy makers
Venture capitalists, private equity firms, and start-ups
Semiconductor component suppliers
Panel and devices distributors, and sales firms
End users
Research institutes, organizations, and consulting companies
System Integrators
Research/Consultancy firms
Table Of Contents
1 Market Introduction
1.1 Introduction
1.2 Scope Of Study
1.2.1 Research Objective
1.2.2 Assumptions
1.2.3 Limitations
1.3 Market Structure:
1.3.1 Global Industrial Display Market: By Display Type
1.3.2 Global Industrial Display Market: By Technology
Continued…
List Of Tables
Table 1 Industrial Display Market, By Display Type
Table 2 Industrial Display Market, By Technology
Table 3 Industrial Display Market, By Application
Continued…
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List Of Figures
Figure 1 Research Methodology
Figure 2 Industrial Display Market: By Display Type (%)
Figure 3 Industrial Display Market: By Technology (%)
Continued…
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com
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