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Large Industrial Displays Market Assessment and Key Insights Analyzed Till 2031

12-06-2021 11:47 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

/ PR Agency: Future Market Insights
Large Industrial Displays Market Assessment and Key Insights

As per Future Market Insights (FMI) analysis, the large industrial displays sales volume will total 110,000 units by 2031. Overall sales are projected to grow consistently at 6.0% between 2021and 2031.

The North American large industrial displays market will rise at around 5.8% CAGR through the assessment period. Rising application in the automotive industries and the military sector will guarantee robust growth in the region, as per FMI’s findings.

Request a report sample to gain compressive insights at
https://www.futuremarketinsights.com/reports/sample/rep-gb-9903

Despite obstacles faced amid the COVID-19 outbreak, the large industrial displays market exhibited impressive 3.0% year-on-year growth between 2020 and 2021. According to FMI’s data, the market valuation is expected to surpass US$ 2,657.8 Mn in 2021.

Surging demand for tracking the manufacturing process and reducing the supervisor workforce has been spectated in a multitude of industries. However, emerging technologies such as screen-less displays and projectors are likely to represent a threat to the steady growth of the large industrial displays market.

Screen-less certainly stands as the strongest threat to large industrial displays. Technological innovations are flooding the screen-less display mechanism, and FMI analyses that its portability, energy & space efficiency, and convenience will be instrumental in creating a solid market value”.

OLED Over LED – The Shift Is Underway

Future Market Insights’ study finds that the large industrial displays market is likely to grow at a CAGR of approximately 6% through 2031. One of the key growth drivers is the loosening of budget strings of manufacturers for the development of organic light-emitting diode (OLED) displays, which matches consumers’ demand for lighter, thinner, and flexible displays.
As innovation spawns in the landscape, curved OLED and transparent displays surface are likely to penetrate even cost-sensitive markets. However, during the forecast period, LED-based large industrial display sales will continue to account for a major share of manufacturers’ bottom lines.

Opportunities galore for large industrial displays as identified by FMI’s report with the emerging applications of flexible displays at commercial spaces, sports events, and governmental institutions for facilitating effective communication in ‘high resolution’.

As ‘interactivity’ remains at the forefront to attract the attention of the target audience, digital signage technology has been increasingly incorporated for the display of crucial information in public spaces, corporate buildings, transportation systems, retail stores, and restaurants.
Market Structure Analysis for Large Industrial Displays

• The large industrial displays market is an average-fragmented market with global and regional market players.
• Some prominent companies in the large industrial displays market are Advantech Co., Ltd., Leyard, NEC Display Solutions, Ltd., Delta Electronics, Inc., Daktronics, Data Modul, DFI, Inc., Winmate Inc., Sparton Corporation, Electro-Matic Products, Inc., IP Displays, and others.
• The strategic focus of key players is to uphold the expansion of agreements and distribution partnerships for the global market growth.
• Top manufacturers contributing a high revenue share to the large industrial displays market are Advantech Co., Ltd., Leyard, NEC Display Solutions, Ltd., and Delta Electronics, Inc.

For information on the Research Approach used in the Report, Request Methodology@ https://www.futuremarketinsights.com/ask-question/rep-gb-9903

Top Factors Shaping the Large Industrial Displays Market
Launch Of Digital Signage and New Products Propelling The Large Industrial Displays Market Growth
Significant market players such as Advantech Co., Ltd., Leyard, NEC Display Solutions, Ltd., and Delta Electronics, Inc., are concentrating more on the growth of large industrial displays product portfolios through launching new products and distribution agreements. For example-

• In 2015, Leyard acquired all the common stocks of Planar System, Inc., a specialist in the production and development of large industrial displays.
• In 2018, NEC Display Solutions acquired S[quadrat] GmbH, a prominent provider of LED solutions. The company is expanding its display technology portfolio to include LED systems for indoor and outdoor solutions.

Some of the prominent players operating in the Large Industrial Displays Market profiled by FMI are:
• Advantech Co., Ltd.,
• Leyard,
• NEC Display Solutions, Ltd., and
• Delta Electronics, Inc

More Insights on the Global Large Industrial Displays Market Outlook
FMI provides an unbiased analysis of the Large Industrial Displays Market, presenting historical demand data (2021-2031) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the global demand for the Large Industrial Displays market with a detailed segmentation based on:

By Product Type:

• Open Frame Displays
• Panel Mount Displays
• Industrial Monitors
• Video Walls

By Technology:

• LCD
• LED
• OLED

By Size:

• Open Frame Display, Panel Mount Displays, and Industrial Monitors
o 20”-40”
o Above 40”
• Video Walls
o Less than 6 screens
o Above 6 screens

End-use Industry:

• Discrete Manufacturing
o Automotive and Transportation
o General Manufacturing
o Electronics & Electricals
• Process Manufacturing
o Chemicals & Pharmaceutical
o Food & Beverage
• Oil & Gas

By Region:

• North America
• Latin America
• Europe
• South Asia
• East Asia
• Oceania
• Middle East and Africa

We Offer tailor-made Solutions to fit Your Requirements, Request Customization@ https://www.futuremarketinsights.com/customization-available/rep-gb-9903

Key Questions Answered in the Report
• How much is the large industrial displays market worth?
• At what rate did the large industrial displays market grow in the last five years?
• What is the market share of the top 5 players in the large industrial displays market?
• Which countries are key exporters of large industrial displays?
• What is the North America large industrial displays market outlook?
• At what percentage will the large industrial displays market growth in Europe?
• Which countries are key producers of large industrial displays?
• What is driving demand for large industrial displays market?
• What are the key trends shaping industrial displays market growth?
• What are the key statistics for the large industrial displays market in Japan and South Korea?

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Contact:
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com/

About Future Market Insights
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai and has delivery centers in the UK, U.S., and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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