Industrial Display Market : Emergence of Advanced Technologies and Global Industry Analysis

Industrial display encompasses various features such as dust, durability, superior brightness, low power consumption, and impact & moisture resistance. The development of devices with high-specification display and the rapid acceptance of LED- and LCD-based solutions are likely to drive the industrial display market over the next few years. Rising demand for HMI devices has been a crucial driving factor for the growth of industrial display market over the forecast period.

Rise in demand for high specification display devices is expected to propel the demand for industrial display market over the forecast period.

The evolution of the power and energy sectors are predicted to play a key role in the expansion of the industrial display market over the forecast period. The market in Asia Pacific is projected to expand over the next few years.

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The industrial display market is segregated by type into the following categories: open frame monitors, rugged displays, panel mount monitors, video walls, and marine displays.

Panel mount monitors held a major market share in 2016 and are estimated to retain their dominance over the forecast period, driven by the escalated demand for interactive displays, HMIs, and digital signage applications in the energy & power, manufacturing, and oil & gas sectors.

LCD constituted a major market share in 2016 and is likely to retain its dominance at the end of the forecast period.

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Geographically, the industrial display market is distributed over North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America accounted for the dominant market share in 2016 and is projected to retain its position over the forecast period.

Global vendors of industrial monitors, display technologies, HMIs, and other semiconductor components are based in North America. The U.S. is predicted to be a major market in North America. The power & energy and manufacturing sectors and the presence of developing economies such as China, India, and South Korea have motivated the industrial display market in Asia Pacific.

Key players in the industrial display market include General Electric, LG Display Co., Ltd., Planar Systems, Inc., Panasonic Corporation, Samsung Display Co. Ltd., NEC Display Solutions, Sharp Corp., BOE Technology Group Co, Varitronix International Limited, TCL Display Technology Holdings Limited, and Advanced Co. Ltd., among others.

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