Industrial Display Market is set for a Rapid Growth and is Expected to Reach USD 10.86 Billion by 2032

02-Oct-2024 | Zion Market Research

Zion Market Research has published a new report titled “Global Industrial Display Market, by Type (Rugged Displays, Open Frame Monitors, Panel-Mount Monitors, Marine Displays, and Video Walls), by Technology (LCD, LED, OLED,E-Paper Display), by size (Up to 14", 14–21", 21 –40", 40" and above), by End-User (Manufacturing, Mining, Energy and Power, Oil and Gas, and Chemical), and by Region. According to the report, the global Industrial Display Market was valued at USD 5.93 Billion in 2023 and is projected to hit USD 10.86 Billion by 2032, with a compound annual growth rate (CAGR) of 6.2% during the forecast period 2024-2032.

Browse the full “Global Industrial Display Market, by Type (Rugged Displays, Open Frame Monitors, Panel-Mount Monitors, Marine Displays, and Video Walls), by Technology (LCD, LED, OLED,E-Paper Display), by size (Up to 14", 14–21", 21 –40", 40" and above), by End-User ( Manufacturing, Mining, Energy and Power, Oil and Gas, and Chemical), and by Region: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024-2032 Report at https://www.zionmarketresearch.com/report/industrial-display-market

Global Industrial Display Market Size

The industrial display is an important part of an embedded system that controls a plethora of operations in an industry. With the increasing demand for automation, increasing human-machine interface applications and the requirement of IoT solutions is driving the growth of the industrial display market. According to recent surveys, most CFOs identify reducing direct/indirect costs as a top priority in the near future and say improving efficiency is a primary goal. Hence, the increase in the deployment of automated machinery, artificial intelligence will play a major role in boosting the market of industrial displays.

Industries are adopting automation in order to increase production and quality. Screen based control of machinery will require a display with a wide variety of interfaces to compute data fed by software monitoring industrial processes. Although high cost is one of the important restraining factors, the rising competition amongst the market players will promote innovation and technological up-gradation. Moreover, omnipresent requirement of digital signage in public places, hotels, museums will provide ample opportunities to market players. Digital signage solutions are exploited by business owners to stay ahead in the competition. It becomes possible to showcase large number of products at the customer node point and making it possible to engage customers like never before. By the use of cloud-based technology entire network of digital screens is possible to control. Further, the possibility of use of industrial display may not be ruled out at public places for entertainment, instructions and broadcasting information. The industrial display is the most powerful banner of the advertising industry due to its flexibility to use and low maintenance costs.

Industrial Display Market

The global industrial display market is segmented on the basis of various parameters such as according to type it is classified as rugged displays, open, frame monitors, panel-mount monitors, marine displays, and video walls. Among them panel mount monitors have high demand owing to their usage as digital signage. On the basis of technology, it is divided into LCD, LED, OLED, and E-Paper Display. Currently, LCD and LED technology acquire major market share. Slowly, OLED technology is trickling down in the market. As they are flexible as well as lighter, therefore, can be designed into a variety of shapes. OLED displays are mounted on a plastic substrate making them shatterproof.  Furthermore, factors such as government initiatives toward energy-saving advance electronics will see high growth in OLED technology in the forecast period. On the basis of size the market is segregated as up to 14", 14–21", 21 –40", 40" and above. According to end-user the market is bifurcated as manufacturing, mining, energy and power, oil and gas, and chemical. Additionally, the market is also analyzed according to regions such as North America, Europe, Asia Pacific, Latin America and the Middle East and Africa. Among them rise in demand will be prominent Asia pacific owing to improvement in the standard of living and rising growth prospects

Some of the key players operating in the industrial display markets are Samsung, LG, Panasonic, Advantech, NEC, Rockwell, Schneider, General Electric, Siemens and Winmate among others.

The report segments the global industrial display market as follows

Global Industrial Display Market: Type Segment Analysis

  • Rugged Displays
  • Open, Frame Monitors
  • Panel-Mount Monitors
  • Marine Displays
  • Video Walls

Global Industrial Display market: Technology Segment Analysis

  • LCD
  • LED
  • OLED
  • E-Paper Display

Global Industrial Display Market: Size Segment Analysis

  • Up to 14"
  • 14–21"
  • 21 –40"
  • 40" and above

Global Industrial Display Market: End User Segment Analysis

  • Manufacturing
  • Mining
  • Energy and Power
  • Oil and Gas
  • Chemical

Global Industrial Display Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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