Global Industrial Display Market Report, Insights and Trends, Positive and Negative Factors, Areas to Focus on, Potential Markets, Key Developments, Segments and Verticals, and Forecast 2020 – 2029

"Global Industrial Display Market Trends, Analysis, Applications, Growth, and Forecast from 2020 to 2029” is a recently produced report by MarketResearch.biz. The global industrial display market report has been segmented as per product type, technology, application, panel size, end-use industry, and region.

Industrial Display: Overview

Industrial Display Systems offer a variety of reliable displays containing LCD displays, outdoor displays, digital signage displays, touch screen panels, and a series of industrial monitors/ displays such as open frame monitors and panel mount monitors work perfectly with embedded boards and systems to accomplish several application needs.

In the last few years, the market become very competitive on account of rapid development of innovative display technologies, coupled with increasing focus of a large number of players on R&D efforts and production of displays with innovative solutions in order to sustain in the market.

Global Market: Dynamics

Increasing demand and adoption of advanced technologies such as Human Machine Interface (HMI) devices, rising adoption of LCD, LED and OLED displays, and advancements in terms of clarity of text, environmental insulation, display brightness, high definition (HD) displays are major factors expected to drive growth of the industrial display market to a significant extent. In addition, higher demand for industrial displays for digital signage applications, and increasing investments by companies for manufacturing displays specifically for outdoor applications are factors projected to offer new revenue opportunities for existing players as well as new entrants in the global industrial display market. Furthermore, increasing consumer demand for high-tech solutions such as high-specification displays is additional factor projected to support market growth exponentially.

High costs associated with production of the products, capital-intensive manufacturing set-up, and installation and maintenance of industrial displays are major factors that could restrain growth of the global market to some extent.

Global Market: Segment Analysis

Insights, by Product Type:

Among the product type segments in the global industrial display market, the panel-mount monitor segment is expected to register highest revenue growth rate over the next 10 years, as it is widely used in industrial applications for showing various parameters.

Insights, by Technology:

Among the technology segments, the LCD segment is expected to record highest market share in the global market. The OLED technology segment is expected to register the highest growth rate over the 10-year forecast period, due to its features including superior picture quality and low power consumption.

Insights, by Application:

The Human Machine Interface (HMI) application segment is expected to account for the largest revenue share in the global market, due to increasing integration of Industrial IoT (IIoT). The interactive display segment is projected to register highest CAGR over the 10-year period, as interactive displays enable two-way interaction between users and machines.

Insights, by Panel Size:

Among the panel size segments, the 14-21” size segment is expected to record considerably high revenue share in the global industrial display market.

Insights, by End-use Industry:

The manufacturing industry segment is account for highest revenue share in the target market. the energy and power segment is projected to register highest CAGR in terms of revenue in the global industrial display market.

Global Market: Region Analysis

North America and the Asia Pacific markets are projected to be the major contributors in the global industrial display market. North America market is expected to account for largest revenue share in the global market, due to high investments for development of multi-featured human machine interface products, and increasing IIoT integration across various industries. The market in Asia Pacific is projected to register significant growth rate over the 10-year period, attributable to rapidly growing number of manufacturing sector and high adoption of the products from the power generation sector.

Global Industrial Display Market Segmentation

Segmentation by Product Type:

• Panel-Mount Monitors
• Rugged Displays
• Open Frame Monitors
• Marine Displays
• Video Wall

Segmentation by Technology:

• LCD
• LED
• OLED
• E-Paper Display

Segmentation by Application:

• Human Machine Interface (HMI)
• Remote Monitoring
• Digital Signage
• Imaging
• Interactive Display

Segmentation by Panel Size:

• Up to 14”
• 14-21”
• 21-40”
• 40” and Above

Segmentation by End-use Industry:

• Manufacturing
• Energy & Power
• Oil, Gas & Chemical
• Mining & Metals
• Transportation

Segmentation by Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa