According to the new market research report "Industrial Display Market
by Type (Rugged Displays, Open Frame, Panel-Mount, Marine, Video
Walls), Technology, Panel Size, Application (HMI, Remote Monitoring,
Interactive Display, Digital Signage), Vertical and Geography - Global
Forecast to 2022", the market is expected to grow from USD 4.09
Billion in 2016 to reach USD 5.87 Billion by 2022, at a CAGR of 6.18%
between 2017 and 2022. The growth of industrial display market is mainly
driven by technological shift and development of high specification
display devices, rising demand for HMI devices, high growth of
LED-backlit LCD-based display solutions, and growing adoption of IoT.
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North
America held the largest share of the industrial display market in
2016, followed by Europe and APAC. The US accounted for the largest
share of the industrial display market in this region. Rugged displays
are widely used for HMI applications and remote monitoring in the
manufacturing sector that boost the industrial display market in North
America. The leading companies for display technologies, industrial
monitors, HMIs, and related semiconductor components, such as Planar
Systems, Inc. (US) and GE (US) are based in the North American region.
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Browse 65 market data tables and 79 figures spread through 186 pages and in-depth TOC on "Industrial Display Market"
The
major players operating in the industrial display market include
Samsung Display Co. Ltd. (South Korea), LG Display Co., Ltd. (South
Korea), Panasonic Corporation (Japan), and Advantech Co. Ltd. (Taiwan).
Panel-mount monitors accounted for the largest share of the industrial display market in 2016
The
industrial display market is led by the panel-mount monitors. The major
reason for the large market size of panel-mount monitors is due to the
demand generated by HMIs, interactive displays, and digital signage
applications in manufacturing, oil & gas, and energy & power
sectors.
The market for OLED technology is likely to grow at the highest rate during the forecast period
OLED
technology is expected to grow at the highest rate between 2017 and
2022 and hold the largest market size by 2022. OLED is a fairly new
display technology in the industrial space and can serve diverse
applications including remote monitoring using portable devices; HMI,
and imaging. For example, OLED is used as a status indicator in the
industrial sector and also used in digital signage for advertisement or
information display. These applications are the key factors for driving
the growth of the OLED display market.
North America held the largest market share in 2016
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Contact:
Mr. Sanjay Gupta
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
newsletter@marketsandmarkets.com
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