San Francisco, 07, January, Industrial Display Market Analysis By Type
(Rugged, Open Frame, Panel-Mount, Marine, Video Wall), By Application, By
Technology, By Panel Size, By End-use, By Region, And Segment Forecasts, 2018 -
2025
The global industrial display market is expected to reach USD
7.26 billion by 2025, according to a new report by Grand View Research, Inc.
Due to the growing complexity of industrial operations and processes, the use
of industrial displays has become crucial to simplify operational tasks and
provide technologically advanced features.
Human Machine Interfaces (HMIs)
and other displays possess the ability to respond to the changing production
demands and closely monitor the production processes, thereby decreasing the
downtime and increasing workforce efficiency. A well-designed HMI enables line
of sight into the system, which allows the operator to control or maintain the
machine and enhance productivity.
OLED displays are expected to
gain prominence on account of their enhanced picture quality and low power
consumption. The technology is widely used in digital signage and display
boards to indicate the operational status at factory floors.
Solution providers have begun
offering IIoT application platforms integrated with industrial display devices
and services. For instance, American Industrial Systems, Inc. (AIS) offers open
platform computing solutions for IIoT and facilitates its application in
industrial companies, factories, transportation & logistics, buildings, and
smart cities.
Companies are investing heavily
in R&D activities for designing technologically enhanced displays and
offering distinguished products compared to their competitors. Mergers &
Acquisitions (M&A), strategic agreements, and multiple partnership
agreements are other growth strategies adopted by players to increase their
product offering and expand their distribution platform.
Access Full Research
Report On Industrial Display Market Analysis:
www.grandviewresearch.com/industry-analysis/industrial-display-market
www.grandviewresearch.com/industry-analysis/industrial-display-market
Further key findings from the report suggest:
·
The HMI application segment is
expected to account for the largest revenue share in the overall market by
2025, registering a CAGR of around 6% over the forecast period
·
The demand for industrial
displays is expected to grow substantially in the chemical, oil, and gas
segment and the energy & power segment over the forecast period
·
By 2025, the energy & power
end-use segment is projected to account for around 25% of the total market
revenue share.
·
In 2016, the panel-mount
displays and video walls together accounted for more than 60% of the total
revenue share in the European region
·
The LCD technology is widely
used across all devices; however, the OLED technology is anticipated to witness
a high growth over the forecast period
·
Key players in the industry
include LG Display Co., Ltd., Samsung Display, Pepperl+Fuchs GmbH, Advantech
Co., Ltd., Planar Systems, Inc., WinMate, Inc., NEC Display Solutions, Ltd.,
Maple Systems, INC., Japan Display, Inc., Innolux Corporation, and Siemens AG
Browse More Reports Of This Category By
Grand View Research At: www.grandviewresearch.com/industry/display-technologies
Grand View Research has segmented the
global industrial display market on the basis of type, application, technology,
panel size, end-use, and region.
Industrial Display Type
Outlook (Revenue, USD Million; 2014 - 2025)
·
Rugged Displays
·
Open Frame Monitors
·
Panel-Mount Monitors
·
Video Walls
·
Marine Displays
Industrial Display Application
Outlook (Revenue, USD Million; 2014 - 2025)
·
HMI
·
Remote Monitoring
·
Interactive Display
·
Digital Signage
Industrial Display Technology
Outlook (Revenue, USD Million; 2014 - 2025)
·
LCD
·
LED
·
OLED
·
E-Paper Display
Industrial Display Panel
Size Outlook (Revenue, USD Million; 2014 - 2025)
·
Up to 14”
·
14-21”
·
21-40”
·
40” and Above
Industrial Display End-Use
Outlook (Revenue, USD Million; 2014 - 2025)
·
Manufacturing
·
Mining & Metals
·
Chemical, Oil, and Gas
·
Energy & Power
·
Others
Industrial Display Regional
Outlook (Revenue, USD Million; 2014 - 2025)
·
North America
o
U.S.
o
Canada
·
Europe
o
Germany
o
UK
·
Asia Pacific
o
China
o
India
o
Japan
·
Latin America
o
Brazil
o
Mexico
·
Middle East & Africa
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About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting
company, registered in the State of California and headquartered in San
Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
For more information: www.grandviewresearch.com/
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