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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Industrial Display Market Share
North America holds a considerable position in the global market for industrial displays. This can be associated with the high demand for industrial displays in military applications and well-established automotive industries across the region. In addition, owing to the increased adoption of HMI applications in the industries, the market is witnessing a further growth in the region. Further, several leading manufacturers of industrial displays, monitors, semiconductor components, and HMIs are based in the USA, which is another factor pushing the growth of the market.
Furthermore, the market is anticipated to grow at a significant rate in the coming years as well as the region is witnessing a robust demand for remote monitoring solutions, interactive display modules, HMIs, and the growing uptake of IoT-based technologies in the industrial sector. This trend is likely to provide impetus to the market.
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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