Press release
Industrial Display Market Size Projected To Reach $7.9 Billion By 2034 With A Cagr Of 7.2%
The Industrial Display Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Industrial Display Market Size and Projected Growth Rate?
The market size of industrial displays has experienced substantial growth over recent years. The market size is projected to increase from $5.63 billion in 2024 to $5.99 billion in 2025, marking a compound annual growth rate (CAGR) of 6.5%. Factors contributing to growth during the historical phase include industrial automation, an escalation in manufacturing demand, government strategies, the global expansion of industries, an enhanced emphasis on user interface (UI) design, as well as reduced costs and improved affordability.
In the coming years, the industrial display market size is anticipated to experience significant growth, reaching a worth of $7.9 billion in 2029 demonstrating a compound annual growth rate (CAGR) of 7.2%. The growth dynamics in the projected period are mainly driven by factors like the surging focus on augmented reality (AR) and virtual reality (VR), energy efficiency and sustainability, concerns surrounding cybersecurity, tailored and modular display solutions, as well as swift growth in emerging markets. The forthcoming period will see key trends like the integration of industry 4.0, heightened demand for high-definition displays, a growing inclination towards touchscreen technology, a commitment to strong and long-lasting designs, and the preference for LED backlit displays.
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What Are the Different Industrial Display Market Segments?
The industrial display market covered in this report is segmented -
1) By Type: Rugged Displays, Open-Frame Monitors, Panel-Mount Monitors, Marine Displays, Video Walls
2) By Technology: Liquid Crystal Display(LCD), Light-Emitting Diode(LED), Organic Light-Emitting Diode(OLED), E-paper
3) By Panel Size: Up To 14", 14-21", 21-40", 40" And above
4) By Application: Human-Machine Interface (HMI), Remote Monitoring, Interactive Display, Digital Signage, Imaging
5) By End-User: Manufacturing, Mining And Metals, Oil And Gas, Energy And Power, Transportation
Subsegments:
1) By Rugged Displays: Outdoor Rugged Displays, Indoor Rugged Displays, Portable Rugged Displays
2) By Open-Frame Monitors: Standard Open-Frame Monitors, Touchscreen Open-Frame Monitors, Custom Open-Frame Monitors
3) By Panel-Mount Monitors: Standard Panel-Mount Monitors, Touchscreen Panel-Mount Monitors, Custom Panel-Mount Monitors
4) By Marine Displays: LCD Marine Displays, LED Marine Displays, Multi-Function Displays
5) By Video Walls: LCD Video Walls, LED Video Walls, Projection Video Walls
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What Are the Primary Drivers Shaping the Industrial Display Market?
The growth of the industrial display market is anticipated to be fueled by the increasing utilization of IoT-based devices. The Internet of Things (IoT) comprises a system of interconnected computing devices that communicate through unique identifiers (UIDs) and transmit data across a network without necessitating human interaction. These IoT devices generate and collect large volumes of data that demand real-time analysis and visualization, tasks for which industrial displays are required. Furthermore, these IoT displays need to be robust, dependable and maintain high visibility even under harsh conditions. For instance, a November 2022 report from Ericsson, a Swedish networking and telecommunications firm, noted that there were 13.2 billion active IoT device connections in 2022, a figure forecasted to surge to 34.7 billion active IoT device connections by 2028, registering an annual growth rate of 18%. Hence, the expanding use of IoT-based devices is steering the growth of the industrial display market.
Which Companies Are Leading in the Industrial Display Market?
Major companies operating in the industrial display market include LG Display Co. Ltd., Samsung Display Co. Ltd., Advantech Co. Ltd., Planar Systems Inc., Japan Display Inc., Innolux Corp., Siemens AG, Panasonic Corporation Co. Ltd., Pepperl+Fuchs SE, WinMate Inc., NEC Display Solutions Ltd., Maple Systems Inc., BOE Technology Group Co. Ltd., AU Optronics Corp., Hannstar Display Corp., TCL Display Technology Holdings Limited, Schneider Electric SE, Sharp Corporation, Emerson Electric Co., Rockwell Automation Inc., Prysm Inc., SigmaSense, Barco NV, ViewSonic Corporation, Sahara Presentation Systems PLC, Delta Electronics Inc., Corning Incorporated, DuPont de Nemours Inc., E Ink Holdings Inc.
What Are the Major Trends Shaping the Industrial Display Market?
In the industrial display market, the growth of product innovations is a trending factor. To solidify their standing in this market, major corporations concentrate their efforts on creating innovative solutions. For instance, in March 2022, Advantech Co. Ltd, a Taiwan-based company known for its distinctive embedded and automation products, launched the PPC-115W and PPC-112W RISC-based android panel PCs. These products are aimed at catalyzing industrial digitalization and harness a 15.6" (HD or FHD) and 11.6" panel display, in combination with a multi-touch P-CAP control, a dual-core ARM Cortex-A72, and a quad-core Cortex-A5 CPU. One standout feature of these products is their compatibility with an Android 10 operating system, alongside an integrated WISE-IoTSuite/AppHub remote management.
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What Are the Top Revenue-Generating Geographies in the Industrial Display Market?
North America was the largest region in the industrial display market in 2024. Asia-Pacific is expected to be the fastest-growing region in the industrial display market report during the forecast period. The regions covered in the industrial display market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Industrial Display Market?
2. What is the CAGR expected in the Industrial Display Market?
3. What Are the Key Innovations Transforming the Industrial Display Industry?
4. Which Region Is Leading the Industrial Display Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
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