Press release
Dot-matrix LCD Modules Market Projected to Augment at a Notable CAGR during the Forecast Period until 2028
Dot-matrix LCD modules contain a dot-matrix of mechanical indicators or lights that are usually placed in a rectangular formation. However, customization into different shapes is also available. Devices that are used to display data and information on different machines, such as clocks and railway status indicators, which require a simple and limited resolution, have integrated dot-matrix LCD modules. Dot-matrix LCD modules have an integrated feature that supports ASCII, special and custom letters. In dot-matrix LCD modules, sixteen characters can be displayed at a time on a two-line screen. The present display reading is held by a dot-matrix LCD module in its in-built memory.
Dot-matrix LCD modules Market: Drivers and Challenges
There are various factors that drive the demand for dot-matrix LCD modules. Joint efforts or collaborations between manufacturers to develop dot-matrix LCD modules that are compatible with different devices is among factors expected to drive the global dot-matrix LCD modules market. A combination of graphics, symbols, alphabets, numerals and dots can be displayed on dot-matrix LCD modules. The nematic aspect of liquid crystal-enables dot-matrix LCD modules helps generate a bright display with a high contrast.
Moreover, dot-matrix LCD modules can be operated via a battery due to low power consumption and low drive voltage requirements. These factors are expected to drive the global dot-matrix LCD modules market. In dot-matrix LCD modules, LSI is loaded for the liquid crystal diode element drive and manufacturers also offer types of dot-matrix LCD modules that contain a control LSI. The light weight and small size of dot-matrix LCD modules pave the way for the development of compact equipment. In addition, the option of procuring large-sized dot-matrix LCD modules for graphics and small-sized dot-matrix LCD modules for character display is expected to drive the global dot-matrix LCD modules market.
However, the customisation process of dot-matrix LCD modules is lengthy and time consuming, thus challenging the growth of the overall dot-matrix LCD modules market.
The ever-rising trend of progress from normal display to multi-display dot-matrix LCD modules is expected to motivate developers to accelerate the rate of research and development in the global dot-matrix LCD market.
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Dot-matrix LCD modules Market: Segmentation
On the basis of application, the global dot-matrix LCD modules market can be segmented into the following:
Measuring Instruments
POS Terminal Equipment
High Class Electronic Calculator
Word Processor
Portable Data Terminal Equipment
Other Devices With Display
On the basis of pixel resolution, the global dot-matrix LCD modules market can be segmented into the following:
128 x 64
128 x 32
128 x 16
Others
92 x 31 is an uncommon pixel resolution integrated in dot-matrix LCD modules.
On the basis of size, the global dot-matrix LCD modules market can be segmented into the following:
Eight Lined
Four Lined
Two Lined
Others
Four or three lined dot-matrix LCD modules provide a pixel resolution of 92 x 31.
Dot-matrix LCD modules Market: Regional Outlook
Among all regions, North America holds the largest market share of the global dot-matrix LCD modules market and is expected to maintain a steady growth rate over the forecast period. The growth of the dot-matrix LCD modules market in North America can be attributed to the ever-rising trend of commercial automation and the rise in disposable income in commercial, industrial and residential sectors. Southeast Asian and Other Asia Pacific economies are expected to register a significant growth rate in the dot-matrix LCD modules market. China is also expected to generate a steady growth rate during the forecast period due to the ever-increasing presence of dot-matrix LCD modules in the region.
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Dot-matrix LCD modules Market: Key Players
Some of the major players operating in the global dot-matrix LCD modules market include 3Cinno Group, Compucare, Embedsol Technologies LLP Broadcom Inc., Forge Europa, Lumex Inc., VCC (Visual Communications Company), MULTICOMP, Seegate Corporation and Oasistek, among others.
The dot-matrix LCD modules market report covers exhaustive analysis on:
Dot-matrix LCD modules market segments
Dot-matrix LCD modules Market Segments
Historical Actual Market Size, 2013 - 2017
Dot-matrix LCD modules Market Size & Forecast, 2018 to 2028
Supply & Demand Value Chain
Dot-matrix LCD modules Market Current Trends/Issues/Challenges
Competition & Companies involved
Dot-matrix LCD modules Technology
Value Chain
Dot-matrix LCD modules Market Drivers and Restraints
Regional analysis for dot-matrix LCD modules market includes development of these systems in the following regions:
North America
US
Canada
Latin America
Brazil
Mexico
Argentina
Chile
Peru
Rest of Latin America
Europe
EU – 4 (Germany, France, Italy, Spain)
UK
BENELUX (Belgium, Netherlands, Luxemburg)
NORDIC (Norway, Denmark, Iceland, Sweden)
Eastern Europe (Poland, Ukraine, Czech Republic, etc.)
Rest of Europe
CIS & Russia
Japan
APEJ
Greater China
India
Korea
ASEAN Countries
Rest of APEJ
Middle East & Africa
GCC Countries
Turkey
Iran
Israel
South Africa
Rest of MEA
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Dot-matrix LCD modules Market Report Highlights:
Detailed overview of parent market
Changing market dynamics of the industry
In-depth market segmentation
Historical, current and projected market size in terms of value
Recent industry trends and developments
Competitive landscape
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth
A neutral perspective towards market performance
Must-have information for market players to sustain and enhance their market footprint
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