Embedded Display Market : An Insight On the Important Factors and Trends Influencing the Market

Embedded displays are used to execute a color display interface which offers various features like a smart graphic user interface, embedded functionality and touch screens at a price that is affordable for mass production. Embedded displays also have the capability of saving power with greater efficiency and provide flexibility. There is a dramatic increase in the number of automated equipment and systems in various types of industries that has contributed to the growth of the embedded displays market.

According to the assessment of Persistence Market Research, the global embedded display market is forecasted to reach a figure of about US$ 18,800 Mn in 2022 and is poised to exhibit a robust CAGR in the period of assessment.

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The market in North America is set to dominate the global embedded display market in terms of value and this trend is projected to sustain itself throughout the assessment period. North America embedded display market is the most attractive market, growing at a robust CAGR over the forecast period.

According to the projections of Persistence Market Research, the LED display type segment is expected to reach a value of about US$ 4,750 Mn in the year 2022. This signifies a robust CAGR during the forecast period of 2017-2022. The LED display type segment is estimated to account for more than one-fourth of the revenue share of the display type segment by the end of the year 2017 and is expected to lose in market share by 2022 over 2017.

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According to the assessment of Persistence Market Research, the wearable devices segment is poised to touch a figure of about US$ 1,350 Mn in the year 2022. This signifies a CAGR of nearly 16% during the assessment period from 2017 till the year 2022. The wearable devices segment is estimated to account for nearly one-tenth of the revenue share of the application segment by the end of the year 2017 and is projected to gain market share by 2022 over 2017.

The report also profiles companies that are expected to remain active in the expansion of global embedded display market through 2022, which include Avnet, Inc., Microsoft Corp., Intel Corp., Green Hills Software Inc., Anders Electronics Plc, Planar Systems Inc., Enea AB., Esterel Technologies SA, Altia Inc. and Data Modul AG.

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