Industrial Display Market Forecast (2024-2031), Size, Share
The Industrial Display Market is expected to register a CAGR of 5.9% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
Report is Segmented by Type (Rugged Displays, Open Frame Monitors, Panel Mount Monitors, Marine Displays, Others); Technology (LCD, LED, OLED, Others); End User (Manufacturing, Energy and Power, Oil and Gas, Metals and Mining,Others). The global analysis is further broken-down at regional level and major countries. The report offers the value in USD for the above analysis and segments
Purpose of the ReportThe report Industrial Display Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Industrial Display Market Segmentation
Type- Rugged Displays
- Open Frame Monitors
- Panel Mount Monitors
- Marine Displays
- Others
- LCD
- LED
- OLED
- Others
- Manufacturing
- Energy and Power
- Oil and Gas
- Metals and Mining
- Others
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Strategic Insights
Industrial Display Market Growth Drivers- Increasing Demand for Industrial Touch Screen Displays: One of the key advantages of industrial touch screen displays in manufacturing is the ability to communicate with humans and machines. These displays provide a straightforward and user-friendly interface, allowing operators to connect with equipment and control systems easily. Thus, the demand for industrial tpuch screen display is expected to grow during the forecast period.
- Rising Demand for Automation and Smart Factories: The adoption of Industry 4.0 and smart manufacturing is driving the demand for industrial displays. These displays are used for monitoring and controlling automated processes in factories, improving operational efficiency. As industries focus on automation, industrial displays are crucial for real-time data visualization, driving market growth.
- Integration of Touchscreen Technology: There is a growing trend toward integrating touchscreen functionality in industrial displays. These touch-enabled screens allow operators to interact directly with systems, streamlining operations and improving user experience. As touch interfaces become more intuitive and robust, their integration into industrial displays is increasing across various sectors like manufacturing and logistics.
- Growing Demand for Large-Format Displays: Large-format industrial displays are becoming more popular in factory floors and control rooms. These displays allow operators to view large datasets and multiple machine statuses simultaneously, improving efficiency. As the need for better visibility and real-time information grows, large-format displays are increasingly adopted in industries such as automotive, aerospace, and utilities.
- Streamlined Workflows and Increased Productivity: Industrial touch screen displays help to optimize workflows by combining control panels and information interfaces into a single, integrated platform. This integration reduces the need for physical switches and buttons, lowering the likelihood of human error and equipment damage. thus, the demand for industrial display to improve workflow is expected to grow during the forrcast period.
- Enhanced Maintenance and Diagnostics: Maintenance is a crucial part of manufacturing operations. Industrial touch screen displays play an important role in streamlining maintenance procedures. They give real-time diagnostics, allowing operators to quickly spot problems and perform appropriate fixes. thus, the demand for industrial display is expected to grow for enhanced maintainance and disgnostics in the manufacturing activities.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Industrial Display Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Industrial Display Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
The Industrial Display Market is estimated to witness a CAGR of 5.9% from 2023 to 2031
Increasing demand for industrial touch screen displays and precision and accuracy offeredr by industrial display are the major factors driving the industrial display market
Adoption on industry 4.0 to play a significant role in the global industrial display market in the coming years
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request
Some of the customization options available based on the request are an additional 3-5 company profiles and country-specific analysis of 3-5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation# as our team would review the same and check the feasibility
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
- Industrial Display Market - By Product
- Industrial Display Market - By Display Type
- Industrial Display Market - By End-user
- Industrial Display Market - By Region
- By Country
3. RESEARCH METHODOLOGY
4. INDUSTRIAL DISPLAY MARKET LANDSCAPE
4.1. OVERVIEW
4.2. ECOSYSTEM ANALYSIS
4.3. PEST ANALYSIS
4.3.1. North America - PEST Analysis
4.3.2. Europe - PEST Analysis
4.3.3. Asia Pacific (APAC) - PEST Analysis
4.3.4. Middle East & Africa (MEA) - PEST Analysis
4.3.5. South America (SAM)- PEST Analysis
5. INDUSTRIAL DISPLAY MARKET - KEY INDUSTRY DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
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6. INDUSTRIAL DISPLAY MARKET - GLOBAL MARKET ANALYSIS
6.1. INDUSTRIAL DISPLAY- GLOBAL MARKET OVERVIEW
6.2. INDUSTRIAL DISPLAY- GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/ MARKET SHARE
7. INDUSTRIAL DISPLAY MARKET REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. OPEN FRAME MONITORS
7.3.1. Overview
7.3.2. Open Frame Monitors Market Forecast and Analysis
7.4. PANEL MOUNT MONITORS
7.4.1. Overview
7.4.2. Panel Mount Monitors Market Forecast and Analysis
7.5. RUGGED DISPLAYS
7.5.1. Overview
7.5.2. Rugged Displays Market Forecast and Analysis
7.6. VIDEO WALLS
7.6.1. Overview
7.6.2. Video Walls Market Forecast and Analysis
7.7. MARINE DISPLAYS
7.7.1. Overview
7.7.2. Marine Displays Market Forecast and Analysis
7.8. OTHERS
7.8.1. Overview
7.8.2. Reverse Industrial Display Market Forecast and Analysis
8. INDUSTRIAL DISPLAY MARKET REVENUE AND FORECASTS TO 2028 - DISPLAY TYPE
8.1. OVERVIEW
8.2. DISPLAY TYPE MARKET FORECASTS AND ANALYSIS
8.3. LCD
8.3.1. Overview
8.3.2. LCD Market Forecast and Analysis
8.4. LED
8.4.1. Overview
8.4.2. LED Market Forecast and Analysis
8.5. OLED
8.5.1. Overview
8.5.2. OLED Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. INDUSTRIAL DISPLAY MARKET REVENUE AND FORECASTS TO 2028 - END-USER
9.1. OVERVIEW
9.2. END-USER MARKET FORECASTS AND ANALYSIS
9.3. CHEMICALS AND OIL & GAS
9.3.1. Overview
9.3.2. Chemicals and Oil & Gas Market Forecast and Analysis
9.4. TRANSPORTATION
9.4.1. Overview
9.4.2. Transportation Market Forecast and Analysis
9.5. ENERGY & POWER
9.5.1. Overview
9.5.2. Energy & Power Market Forecast and Analysis
9.6. MANUFACTURING
9.6.1. Overview
9.6.2. Manufacturing Market Forecast and Analysis
9.7. HEALTHCARE
9.7.1. Overview
9.7.2. Healthcare Market Forecast and Analysis
9.8. OTHERS
9.8.1. Overview
9.8.2. Others Market Forecast and Analysis
10. INDUSTRIAL DISPLAY MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1. North America Industrial Display Market Overview
10.1.2. North America Industrial Display Market Forecasts and Analysis
10.1.3. North America Market Forecasts and Analysis - By Product
10.1.4. North America Market Forecasts and Analysis - By Display Type
10.1.5. North America Market Forecasts and Analysis - By End-user
10.1.6. North America Market Forecasts and Analysis - By Countries
10.1.6.1. US market
10.1.6.1.1. US Market by Product
10.1.6.1.2. US Market by Display Type
10.1.6.1.3. US Market by End-user
10.1.6.2. Canada market
10.1.6.2.1. Canada Market by Product
10.1.6.2.2. Canada Market by Display Type
10.1.6.2.3. Canada Market by End-user
10.1.6.3. Mexico market
10.1.6.3.1. Mexico Market by Product
10.1.6.3.2. Mexico Market by Display Type
10.1.6.3.3. Mexico Market by End-user
10.2. EUROPE
10.2.1. Europe Industrial Display Market Overview
10.2.2. Europe Industrial Display Market Forecasts and Analysis
10.2.3. Europe Market Forecasts and Analysis - By Product
10.2.4. Europe Market Forecasts and Analysis - By Display Type
10.2.5. Europe Market Forecasts and Analysis - By End-user
10.2.6. Europe Market Forecasts and Analysis - By Countries
10.2.6.1. France market
10.2.6.1.1. France Market by Product
10.2.6.1.2. France Market by Display Type
10.2.6.1.3. France Market by End-user
10.2.6.2. Germany market
10.2.6.2.1. Germany Market by Product
10.2.6.2.2. Germany Market by Display Type
10.2.6.2.3. Germany Market by End-user
10.2.6.3. Italy market
10.2.6.3.1. Italy Market by Product
10.2.6.3.2. Italy Market by Display Type
10.2.6.3.3. Italy Market by End-user
10.2.6.4. Russia market
10.2.6.4.1. Russia Market by Product
10.2.6.4.2. Russia Market by Display Type
10.2.6.4.3. Russia Market by End-user
10.2.6.5. UK market
10.2.6.5.1. UK Market by Product
10.2.6.5.2. UK Market by Display Type
10.2.6.5.3. UK Market by End-user
10.2.6.6. Rest of Europe market
10.2.6.6.1. Rest of Europe Market by Product
10.2.6.6.2. Rest of Europe Market by Display Type
10.2.6.6.3. Rest of Europe Market by End-user
10.3. ASIA PACIFIC (APAC)
10.3.1. Asia Pacific Industrial Display Market Overview
10.3.2. Asia Pacific Industrial Display Market Forecasts and Analysis
10.3.3. Asia Pacific Market Forecasts and Analysis - By Product
10.3.4. Asia Pacific Market Forecasts and Analysis - By Display Type
10.3.5. Asia Pacific Market Forecasts and Analysis - By End-user
10.3.6. Asia Pacific Market Forecasts and Analysis - By Countries
10.3.6.1. South Korea
10.3.6.1.1. South Korea Market by Product
10.3.6.1.2. South Korea Market by Display Type
10.3.6.1.3. South Korea Market by End-user
10.3.6.2. China market
10.3.6.2.1. China Market by Product
10.3.6.2.2. China Market by Display Type
10.3.6.2.3. China Market by End-user
10.3.6.3. India market
10.3.6.3.1. India Market by Product
10.3.6.3.2. India Market by Display Type
10.3.6.3.3. India Market by End-user
10.3.6.4. Japan market
10.3.6.4.1. Japan Market by Product
10.3.6.4.2. Japan Market by Display Type
10.3.6.4.3. Japan Market by End-user
10.3.6.5. Australia market
10.3.6.5.1. Australia Market by Product
10.3.6.5.2. Australia Market by Display Type
10.3.6.5.3. Australia Market by End-user
10.3.6.6. Rest of APAC market
10.3.6.6.1. Rest of APAC Market by Product
10.3.6.6.2. Rest of APAC Market by Display Type
10.3.6.6.3. Rest of APAC Market by End-user
10.4. MIDDLE EAST AND AFRICA (MEA)
10.4.1. Middle East and Africa Industrial Display Market Overview
10.4.2. Middle East and Africa Industrial Display Market Forecasts and Analysis
10.4.3. Middle East and Africa Market Forecasts and Analysis - By Product
10.4.4. Middle East and Africa Market Forecasts and Analysis - By Display Type
10.4.5. Middle East and Africa Market Forecasts and Analysis - By End-user
10.4.6. Middle East and Africa Market Forecasts and Analysis - By Countries
10.4.6.1. South Africa market
10.4.6.1.1. South Africa Market by Product
10.4.6.1.2. South Africa Market by Display Type
10.4.6.1.3. South Africa Market by End-user
10.4.6.2. Saudi Arabia market
10.4.6.2.1. Saudi Arabia Market by Product
10.4.6.2.2. Saudi Arabia Market by Display Type
10.4.6.2.3. Saudi Arabia Market by End-user
10.4.6.3. UAE market
10.4.6.3.1. UAE Market by Product
10.4.6.3.2. UAE Market by Display Type
10.4.6.3.3. UAE Market by End-user
10.4.6.4. Rest of MEA market
10.4.6.4.1. Rest of MEA Market by Product
10.4.6.4.2. Rest of MEA Market by Display Type
10.4.6.4.3. Rest of MEA Market by End-user
10.5. SOUTH AMERICA (SAM)
10.5.1. South America Industrial Display Market Overview
10.5.2. South America Industrial Display Market Forecasts and Analysis
10.5.3. South America Market Forecasts and Analysis - By Product
10.5.4. South America Market Forecasts and Analysis - By Display Type
10.5.5. South America Market Forecasts and Analysis - By End-user
10.5.6. South America Market Forecasts and Analysis - By Countries
10.5.6.1. Brazil market
10.5.6.1.1. Brazil Market by Product
10.5.6.1.2. Brazil Market by Display Type
10.5.6.1.3. Brazil Market by End-user
10.5.6.2. Argentina market
10.5.6.2.1. Argentina Market by Product
10.5.6.2.2. Argentina Market by Display Type
10.5.6.2.3. Argentina Market by End-user
10.5.6.3. Rest of SAM market
10.5.6.3.1. Rest of SAM Market by Product
10.5.6.3.2. Rest of SAM Market by Display Type
10.5.6.3.3. Rest of SAM Market by End-user
11. INDUSTRY LANDSCAPE
11.1. MERGERS & ACQUISITIONS
11.2. MARKET INITIATIVES
11.3. NEW DEVELOPMENTS
12. INDUSTRIAL DISPLAY MARKET, KEY COMPANY PROFILES
12.1. ADVANTECH CO., LTD.
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products & Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. AU OPTRONICS CORP.
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products & Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. INNOLUX CORPORATION
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products & Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. JAPAN DISPLAY, INC.
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products & Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. LG DISPLAY CO., LTD.
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products & Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. PANASONIC CORPORATION
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products & Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. PLANAR SYSTEMS, INC.
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products & Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. ROCKWELL AUTOMATION, INC.
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products & Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. SAMSUNG CORPORATION
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products & Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. SIEMENS AG
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products & Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
1. Advantech Co., Ltd.
2. AU Optronics Corp.
3. Innolux Corporation
4. Japan Display, Inc.
5. LG Display Co., Ltd.
6. Panasonic Corporation
7. Planar Systems, Inc.
8. Rockwell Automation, Inc.
9. Samsung Corporation
10. Siemens AG
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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