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Rugged Display Market 2024-2033 - Size, Growth, Trends & Competitive Analysis
Rugged Display Market
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According to The Business Research Company's, The rugged display market size has grown strongly in recent years. It will grow from $10.88 billion in 2023 to $11.64 billion in 2024 at a compound annual growth rate (CAGR) of 7.0%. The growth in the historic period can be attributed to military and defense applications, industrial and manufacturing environments, harsh operating conditions, demand for reliable and durable displays, aerospace and aviation displays..
The rugged display market size is expected to see strong growth in the next few years. It will grow to $15.65 billion in 2028 at a compound annual growth rate (CAGR) of 7.7%. The growth in the forecast period can be attributed to expansion of iot and iiot (industrial internet of things), smart manufacturing and industry 4.0, rugged displays for public safety and first responders, autonomous vehicles and robotics, marine and offshore rugged displays, demand for sunlight-readable displays.. Major trends in the forecast period include flexible and foldable rugged displays, augmented reality (ar) and heads-up displays (hud), touchless and gesture-controlled rugged displays, rugged oled and e-paper displays, ai-powered predictive maintenance for rugged displays, ultra-high-definition (uhd) rugged display solutions..
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Market Drivers and Trends:
The rise in consumer electronics is expected to propel the growth of the rugged display market. Rugged displays in electronics such as laptops, mobile phones, and desktops among others use advanced lamination and glass to improve durability, brightness, contrast, and sunlight readability while reducing reflection, condensation, and dust buildup. According to the Retailers Association of India (RAI), sales of consumer electronics and appliances in the third quarter of FY21 increased by 23.5% and the production of electronic hardware in the country increased from $ 72.38 billion in FY19 to $ 89.38 billion in FY20. Therefore, the rise in consumer electronics is driving the growth of the rugged display market.
The development of innovative marine-grade displays is a key trend gaining popularity in the rugged display market. Marine-grade displays are rugged, waterproof, and corrosion-resistant screens designed for use in harsh marine environments. For instance, in March 2023, LG Corporation, a South Korea-based conglomerate company launched LG GNEB series, a new range of outdoor direct-view LED (DVLED) displays designed for installation in the outdoor areas of cruise ships. These marine-grade DVLED displays offer a high maximum brightness of 6,000 nits, ensuring excellent legibility and contrast in various weather conditions. The GNEB series is constructed to withstand marine environments, salinity, and corrosion, making it suitable for outdoor use on cruise ships. The displays come in two models with different pixel sizes and contrast ratios and can be used for a variety of outdoor entertainment and informational purposes on cruise ships, coastal hotels, and resorts.
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Major Key Players of the Market:
Zebra Technologies Corp., Sparton Corp., Xplore Technologies Corp., Panasonic Corp., Esterline Technologies Corp., General Dynamics Corp., Curtiss-Wright Corp., Kyocera Corporation, Trimble Inc., Advantech Co. Ltd., Honeywell International Inc., Samsung Group, Bluestone Technology Ltd., Chassis Plans, Sonim Technologies Inc., Handheld Group AB, Mildef AB, Getac Technology Corp., Beijer Electronics AB, L3 Technologies Inc., Rockwell Collins Inc., Barco NV, Schneider Electric SE, Siemens AG, AAEON Technology Inc., Crystal Group Inc., Dell Technologies Inc., DRS Technologies Inc., Elbit Systems Ltd., Leonardo S.p.A., Northrop Grumman Corporation, Raytheon Company, Thales Group, Abaco Systems Inc., Aitech Defense Systems Inc., BAE Systems plc, Cobham plc, Core Systems, EIZO Corporation, Hatteland Display AS
Rugged Display Market 2024 Key Insights:
• The rugged display market size is expected to see strong growth in the next few years. It will grow to $15.65 billion in 2028 at a compound annual growth rate (CAGR) of 7.7%.
• Consumer Electronics Boom Fuels Rugged Display Market Growth
• Marine-Grade Displays For Cruise Ships Are Gaining Popularity
• North America was the largest region in the rugged display market in 2023 and is expected to be the fastest-growing region in the forecast period
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