Asia Pacific Display Market is Projected to Grow Significantly by 2024 | Key Players are 3M, Advantech, Diebold Nixdorf, Epson America Inc., Fujitsu Global, Ingenico Group, NCR Corporation, NEC Corporation, Samsung Electronics, Toshiba

Asia Pacific display market is expected to grow significantly owing to the increasing number of display manufacturers in the region. Increasing manufacturers in the region have increased the cost-competitiveness among the players, which has resulted in the manufacture of low-cost components. Furthermore, the region is characterized by the increasing deployment of ATMs, POS terminals, and kiosks, thus increasing the demand for displays.

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Display Market is projected to exceed USD 20 billion by 2024. The rapid proliferation of devices such as smart ATMs, intelligent interactive kiosks, and NFC-enabled POS systems is expected to propel the display industry growth over the next seven years. The deployment of smart ATMs is increasing significantly over the past few years, particularly in developing economies, owing to the access to enhanced banking services these machines provide. With increasing deployment of these devices, the demand for advanced screens is also increasing, thus aiding the industry growth.

The key players covered in this study: -
1. 3M
2. Advantech
3. Diebold Nixdorf
4. Epson America Inc.
5. Fujitsu Global
6. Ingenico Group
7. NCR Corporation
8. NEC Corporation
9. Samsung Electronics
10. Toshiba

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.

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.

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The display market in kiosk applications is expected to grow significantly owing to the rapid adoption of kiosks in applications such as ticketing, self-checkout, and ordering food. Large retailers in countries such as the U.S., the UK, Australia, and Germany are increasingly adopting the self-checkout kiosks to enhance efficiency, save customer time, and improve operational profits.

The trend of self-checkout kiosks is penetrating in other retail segments such as departmental stores, small convenience stores, and specialty retailers. Ease-of-use and swiftness of operations are the key factors driving the demand for self-checkout kiosks. This is projected to propel the industry growth in kiosk applications over the forecast timespan.

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.

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