Press release
Industrial Display Market Types, Applications and Future Forecast to 2030
The global industrial display market size was valued at USD 4.98 billion in 2021 and is projected to grow at a compound annual growth rate (CAGR) of 6.1% from 2022 to 2030.The rising penetration of multi-featured Human-Machine Interface (HMI) devices, increasing adoption of the Industrial Internet of Things (IIoT), and proliferation of smart industrial displays are some of the factors contributing to the market growth. The industry is gaining prominence on account of innovative features offered by the displays, which include touch screen panels and automatic touch detectors; RFIDs; Ethernet connectivity; and resistance to high temperatures, shock, vibration, dust, scratch, and chemicals.
The industry offers a huge investment opportunity as the displays are a suitable replacement for manual processes and outdated push-button technology. The market is distinguished by continuous technological innovations to keep pace with the changing industrial needs. Technologies, such as Thin-Film-Transistor (TFT) Liquid Crystal Display (LCD), Low-Temperature Poly-Silicon (LTPS), Digital Light Processing (DLP), and Color Filter (CF), are some of the latest innovations in the industry.
Advancement and innovation are primarily driven by the growing demand for multi-featured HMIs and smart touch screen displays. Regulations about the manufacturing and selling of industrial displays vary at regional or country levels. For instance, the European Union Law on the Restriction of Hazardous Substances (RoHS) has, to some extent, restricted the use of cadmium, lead, mercury, and hexavalent chromium & flame retardants, i.e., Polybrominated Diphenyl Ethers (PBDE) or Polybrominated Biphenyls (PBB) in electronic equipment.
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Global Industrial Display Market: Major Players
Sharp Corp
Panasonic Corporation
Schneider Electric SE
Advantech Co., Ltd
LG Display Co., Ltd
NEC Display Solutions Ltd
AU Optronics Corp
Samsung Electronics Co., Ltd
Planar Systems, Inc
Siemens AG
General Electric
Pepperl+Fuchs
Innolux Corp
Rockwell Automation Inc
Global Industrial Display Market: By Types
Rugged Displays
Open Frame Monitors
Panel-Mount Monitors
Marine Displays
Video Walls
Global Industrial Display Market: By Applications
Manufacturing
Energy & Power
Oil & Gas
Metals & Mining
Others
Global Industrial Display Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Industrial Display market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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FREQUENTLY ASKED QUESTIONS (FAQ):
Q1. What would be the size of the Industrial Display Market by 2030?
Q2. What are the key driving factors and challenges in the Industrial Display Market?
Q3. What are the major top companies in the competitive landscape?
Q4. Which segment shows a high revenue share of the Industrial Display Market in 2021?
Q5. Which segment is leading the market in 2022?
Q6. Which region dominated the Industrial Display Market in 2030?
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