According to the report by Expert Market Research (EMR), the global industrial display market size is projected to grow at a CAGR of 5.87% between 2024 and 2032. Aided by the advanced technological integration and increasing demand across diverse industrial applications, the market is expected to grow significantly by 2032.
Industrial displays, characterised by robustness, high performance, and durability, are designed to operate in challenging industrial environments. These displays are integral in various sectors such as manufacturing, healthcare, transportation, and energy, offering enhanced user interfaces and real-time data monitoring.
The industrial display market growth trajectory is notably influenced by the rapid adoption of the Industrial Internet of Things (IIoT) and automation technologies. The integration of touch screen technology, high-definition resolution, and IoT connectivity in industrial displays has revolutionised control and monitoring processes in various industries.
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One of the primary factors propelling the market growth is the increasing demand for automation and process control in manufacturing sectors. Industrial displays facilitate efficient monitoring and control of industrial processes, leading to enhanced productivity and reduced operational costs.
According to the industrial display market analysis, the rising adoption of smart factory initiatives, which integrate digital technologies like AI, machine learning, and big data analytics, has significantly contributed to the demand for advanced industrial displays. These displays serve as vital components in smart manufacturing setups, providing intuitive interfaces and aiding in seamless human-machine interactions.
In the healthcare sector, the use of industrial displays in medical devices and monitoring systems has seen a significant upturn. These displays are crucial in providing high-resolution imaging and real-time patient data, aiding in accurate diagnostics and treatment.
The transportation sector also influences the industrial display market outlook. With the increasing implementation of smart transportation systems, industrial displays are extensively used in traffic management, navigation systems, and vehicle control units.
Additionally, the energy sector, particularly renewable energy, has witnessed an increased deployment of industrial displays in monitoring and controlling energy production and distribution processes.
Looking ahead, the market is expected to benefit from continuous technological advancements and the growing trend towards digitalisation in industrial sectors. The development of more energy-efficient, durable, and versatile displays is likely to offer new growth avenues.
Industrial Display Market Segmentation
The market can be divided based on type, application, technology, panel size, end use, and region.
Market Breakup by Type
- Rugged Displays
- Open Frame Monitors
- Panel Mount Monitors
- Marine Displays
- Video Walls
Market Breakup by Application
- HMI
- Remote Monitoring
- Interactive Display
- Digital Signage
Market Breakup by Technology
- LCD
- LED
- OLED
- E-paper
Market Breakup by Panel Size
- Up to 14”
- 14-21″
- 21-40″
- 40″ and Above
Market Breakup by End Use
- Manufacturing
- Mining and Metals
- Chemical, Oil and Gas
- Energy and Power
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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Competitive Landscape of Industrial Display Market
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global industrial display market. Some of the major players explored in the report by Expert Market Research are as follows:
- LG Display Co., Ltd.
- Samsung Display
- Advantech Co., Ltd.
- WinMate, Inc.
- Maple Systems, Inc.
- Others
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