Global Display Market Analysis Focusing on Top Key Players – Toshiba Corporation, 3M Company, Epson America, Inc., Fujitsu Limited, Ingenico Group, NCR Corporation, NEC Corporation, Samsung Electronics

The global display market is estimated to amass significant gains in the ensuing years on account of rapidly increasing acceptance of digital technology coupled with technological advancements in public amenities. Recently, in an effort to embrace digitization and connectivity, molding companies Plastikos Inc. in Erie and Roechling Medical Rochester in New York began implementing industry 4.0, a current trend of automation and data exchange in manufacturing technologies. Plastikos employed the ALS host-computer system as their information hub, which came with 10 selected data screens that displayed each machine’s overall equipment effectiveness. The ALS also included four Sumitomo presses that could display machine status.

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Meanwhile, Roechling’s Arburg Selogica machine controller displays all the nuts and bolts of the process. The company also has one large 90-in display fixed at the molding shop, which shows machines’ statuses. In addition, both the companies are prompting to go paperless, at Plastikos it is by implementing critical set-up parameters, while Roechling has introduced new kiosk displays, which exhibit work instructions accompanied with photo and video instructions. Such technological upgradations in the manufacturing sector will certainly drive the demand for interactive displays, thereby boosting display market growth.

Growing penetration of e-commerce, online payments, and mobile payments is anticipated to bode well for the display market in POS applications. Several economies including China, India, Japan are shifting toward cashless economies. Initiatives such as demonetization and digitization in India have resulted in the large-scale adoption of POS systems, accelerating the industry growth. POS system manufacturers are investing increasingly in providing end-to-end encryption solutions to process payments safely and securely. This is encouraging the end users to use POS systems, which is expected to augment the display market.

Lack of standardization in the manufacture of displays is expected to challenge the industry growth in the next seven years. The offerings by the vendors differ according to the size, resolution, and costs. This refrains the device manufacturers from switching to different screen vendors, making it difficult for the small vendors to expand their reach in the industry.
Furthermore, the replacement of these components become difficult and costly due to the lack of standardized products, thus decelerating the display market growth.

South Korea display market is expected to grow significantly over the forecast timespan owing to the increasing number of manufacturers and the ability of these companies to manufacture components at a low cost. The semiconductor and display vendors in the region are rapidly expanding their manufacturing capabilities to cater to the rapidly increasing demand for these components. For instance, Jusung Engineering, a display and semiconductor manufacturing equipment supplier announced that it will invest more than 20% of its annual sales to manufacture new photovoltaic and display equipment products.

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The 10" ATM display market is projected to grow rapidly over the forecast time span due to increasing deployment of multi-function ATMs. The banks and financial service providers are focusing on the deployment of multi-function ATMs to decrease the number of branches and enhance the functionality of the existing ATMs. 17" - 32" kiosk display market is expected to grow significantly owing to the high quality offered by these devices and lower space requirements in small places such as retail stores.

The 1024x768 pixels display market is expected to witness fast growth over the forecast time span owing to the high degree of vision comfort offered by the devices with this resolution. The system operators are exposed to high-brightness screens throughout the day and it becomes very important to ease their vision while operating these systems. 1024x768 pixels resolution provides high clarity and visibility, thus propelling the 1024x768 pixels industry growth.

Key players in the display market include Fujitsu Limited, Displax S.A., Aplus Display Technology, Co., Ltd., Advantech Co., Ltd., and Ingenico Group. Vendors such as Ingenico Group, NCR Corporation, and NEC Corporation, undergo stringent quality control standards to manufacture high-quality components. With the steadily growing industry, the display market players are investing in R&D to gain a competitive advantage. For instance, in February 2017, SFA Engineering, a South Korea-based display manufacturer announced that it is planning to increase investment-to-sales ratio from 3 percent to at least 10 percent. This will allow the company to increase investments in R&D to gain a competitive advantage.

Growth drivers

Declining prices of the displays will propel the demand across the globe

Technological advancements and replacement demand for ATMs in Europe

Growing adoption of self-checkout kiosks by retailers in the U.S.

Stringent government regulations in Europe

High adoption of ATMs in BRICS countries

Increasing need for replacing existing ATMs in Asia Pacific

Increasing demand for POS terminals with growing awareness regarding
cashless economy in Asia Pacific
Growing digitization in India

Growing popularity of self-service terminals in Asia Pacific and MEA

Growing adoption of self-checkout kiosks by retailers in Latin America

Table of Content:

Chapter 1. Display Market Methodology & Scope

Chapter 2. Display Market Executive Summary

Chapter 3. Display Industry Insights

Chapter 4. Display Market, By Application

Chapter 5. Display Market, By Region

Chapter 6. Display Market, Company Profiles

Outer scope of this report technological advancements in existing features like public payphones, parking services, ATMs are also projected to contribute substantially to the growth of the global display market. For instance, Philadelphia recently introduced 100 LinkPHL kiosks, a digitized version of public payphones that offer free phone call, WiFi, phone charging, and information service on sidewalks. The kiosks are reportedly paid for by advertising displayed on the 55-inch screens.

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