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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Industrial Display Market Growth
The global market for industrial display is growing due to increased demand for human machine interface (HMI) applications in the manufacturing and process industries. Human Machine Interfaces (HMIs) and other displays are capable of responding to the changing production demands and carefully monitoring the production processes, consequently decreasing downtime and increasing workforce efficiency. This trend is stimulating the growth of the market. In addition to this, the market is growing on account of the growing requirement for digital signage applications in industries.
Furthermore, the market has witnessed expansion at a good pace in recent years owing to the increasing acceptance of LED and LCDs, coupled with the rising adoption of IoT-based technologies. The industrial display provides benefits such as cost-effectiveness, durability, system reliability, extreme adaptability, speed, system efficiency, lightweight technology, low-power usage, easy installation, extended product lifespan, and customisable features, thereby impacting the market in an advantageous way.
Industrial Display Market Report Snapshots
Industrial Display Market Size
Industrial Display Market Share
Industrial Display Market Growth
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the global industrial display market attained a value of about USD 6.49 billion.
The market is projected to grow at a CAGR of 5.87% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach nearly USD 10.85 billion by 2032.
The market is being driven by growing applications of industrial displays in the automotive and military sectors owing to benefits like durability, reliability, system efficiency, and lightweight composition.
The increasing demand for human machine interface (HMI) applications and the rising adoption of IoT-based technologies are the key industry trends propelling the growth of the market.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The different types of industrial dsiplays are rugged displays, open frame monitors, panel mount monitors, marine displays, and video walls.
The leading applications of industrial displays are HMI, remote monitoring, interactive display, and digital signage.
The major technologies of industrial display are LCD, LED, OLED, and e-paper.
The major panel sizes of industrial displays are up to 14”, 14-21", 21-40", and 40" and above.
The significant end uses of industrial displays are manufacturing, mining and metals, chemical, oil and gas, energy and power, among others.
The major players in the industry are LG Display Co., Ltd., Samsung Display, Advantech Co., Ltd., WinMate, Inc., and Maple Systems, Inc., among others.
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