The study reveals that Industrial Display is trending in North America region. The Industrial Display market is driven by the innovation and advancements in high definition display to make more advanced and cost effective devices. A recent trend in IoT and 3D technologies is boosting the Industrial Display market.
Industrial Display that describes a display device is an output device for presentation of information in visual form. It consist of flat or curve panel display that emit reflector to produce images in color on screen. The images that reflect on screen are made up of a large number of small pixels that form high definition resolution that provides clear image on the screen. The Industrial Display includes computer monitors, televisions, instrument panels, aircraft cockpit displays and other. These displays are available in various sizes 7″”‘, 10″”, 19″”, 21″”, and others. The market for open frame monitor is expected to grow at the highest rate.
The study indicates that the Industrial Display market is boosted by its flexible and comprehensive solutions of display devices such as LED, LCD, OLED, LPD and many others types of technology that provide . The study signifies that technological shift and development of high definition display devices, high growth of LED-backlit LCD-based display solutions, rising demand for HMI devices, and growing adoption of IoT are the factors driving the growth of the industrial display market.
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Major Key Players
LG Display Co., Ltd. (South Korea),
Samsung Electronics Co., Ltd. (South Korea),
AU Optronics Corp. (Taiwan),
Innolux Corp. (Taiwan),
Japan Display Inc., (Japan),
Sharp Corp. (Japan),
BOE Technology Group Co. (China),
Hannstar Display Corp. (Taiwan),
Varitronix International Limited (Hong Kong),
TCL Display Technology Holdings Limited (Hong Kong),
Universal Display Corp. (U.S.),
E Ink Holdings Inc. (Taiwan)
The Industrial Display Market is growing rapidly over 6.8% of CAGR and is expected to reach at USD $6.71 billion by the end of forecast period.
Industrial Display Market Segmentation
The Industrial Display Market has been segmented on the basis of display type, technology, applications, end-user and region. Looking through the end-user segment it has been observed that industrial sector has shown a rapid growth in HD Display market and holds the largest market share. The study indicates that the other sectors like BFSI and government would show a positive growth in the Industrial Display market.
The regional analysis of Industrial Display system market is being studied for region such as Asia pacific, North America, Europe and Rest of the World. Technological advancements and high clarity and maximum megapixel for the display screen is concerns has driven the market of Industrial Display system in North America. It has been observed that North America region is the leading in Industrial Display system market. The study reveals that Europe region is showing a positive growth in the Industrial Display system market. Asia-Pacific countries like China, Japan and South Korea have a fair share in the Industrial Display system market.
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- Raw material providers
- Panel manufacturers
- Brand customers
- Display-related service providers
- Display-related associations, organizations, forums, and alliances
- Government bodies, such as regulating authorities and policy makers
- Venture capitalists, private equity firms, and start-ups
- Semiconductor component suppliers
- Panel and devices distributors, and sales firms
- End users
- Research institutes, organizations, and consulting companies
- System Integrators
- Research/Consultancy firms
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