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Industrial Display Market Size, Share & Growth Report | 2031

Industrial Display Market

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Segments - by Types (Marine Displays, Open Frame Monitors, Panel-mount Monitors, Rugged Displays, and Video Walls), Technology (E-paper Display, LCD, LED, and OLED), Applications (Digital Signage, HMI, Interactive Display, and Remote Monitoring), And Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Share, Growth, Size, Trends, And Forecast 2023–2031

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Report Description

Industrial Display Market Outlook 2031

The global industrial display market size was valued at USD 5.30 Billion in 2022 and is expected to reach USD 9.42 Billion by 2031 projected to register a considerable CAGR 6.60% during the forecast period, 2023–2031. The growth of the market is attributed to the growing demand for multi-featured human machine interfaces (HMIs) and smart touch screen displays across several industries.

The industrial display systems consists of a range of highly-advanced displays technology which are widely available in forms of LCD, LED, or OLED displays. The systems offer a real-time solutions for several industrial applications with the help of advanced features such as outdoor displays, touch screen panels, digital signage displays, open frame monitors and panel mount monitors.

For instance, marine displays technology offers a wide range of applications with real-time sonar system for ships, unmanned monitoring system for a seaport power substation, integrated combat system for battleships & tank balancing system, and ship engine monitoring system.

Industrial Display Market Drivers, Restraints, Trends, and Opportunities

Increasing acceptance of smart industrial displays among industrial units are expected to fuel to the market growth during the forecast period.
Growing adoption of industrial internet of things (IIoT) is expected to increase the market growth in the coming years.
Advanced features offered by the displays such as radio frequency identification (RFID), ethernet connectivity, automatic touch detector and touch screen panels, and resistance to high temperature. This is projected to expand the growth of the market.
High price of industrial displays are major challenges that is expected to hinder the market growth.
Technological advancement that helps to establish displays, which are appropriate for the replacement of manual procedures and outdated push-button technology. The factor is offering massive opportunity for the market.

Scope of The Industrial Display Market Report

The report on the global industrial display market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been involved in the report.

Attributes	Details
Report Title	Industrial Display Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2022
Historic Data	2016–2021
Forecast Period	2023–2031
Segmentation	Types (Marine Displays, Open Frame Monitors, Panel-mount Monitors, Rugged Displays, and Video Walls), Technology (E-paper Display, LCD, LED, and OLED), Applications (Digital Signage, HMI, Interactive Display, and Remote Monitoring)
Regional Scope	Asia Pacific, Latin America, North America, Europe, and Middle East & Africa
Report Coverage	Company Share, Market Analysis and Growth Factors, Size, Competitive Landscape, and Trends, and Revenue Forecast
Key Players Covered in the Report	Advantech Co., Ltd., Samsung Display, WinMate, Inc., LG Display Co., Ltd., and Japan Display, Inc.

Global Industrial Display Market Segment Insights

In terms of types, the market is divided into marine displays, open frame monitors, panel-mount monitors, rugged displays, and video walls. The marine displays segment is expected to witness a substantial CAGR of 6% during the analysis period due to wide adoption of the displays in shipping and commercial vessels, cruise ships, and yachts since they are designed specially to survive harsh aquatic atmospheres.

However, the panel-mount segment accounted for a key revenue share of the industrial display market and is likely to dominate the market during the forecast period. The growth of the segment can be attributed to its wide range of applications, affordability, and easy availability of the device. The main application of panel-mount IDs consists of operational process control in industrial services.

Based on technology, the global industrial display market is segmented into e-paper display, LCD, LED, and OLED. The LCD segment held for over 40% revenue share of the market and is projected to witness a healthy growth rate during the forecast period. Wide adoption of the LCDs technology and its popularity is the main factor for the segment growth.

Meanwhile, the OLED segment is expected to constitute a large market share in the coming years owing to the growing adoption of the OLED technology due to its pixel-by-pixel brightness regulatory feature, which is not offered in LCDs and LEDs.

Based on applications, the market is segmented into digital signage, HMI, interactive display, and remote monitoring. The interactive display segment is projected to register a significant CAGR due to its wide applications that allow two-way communication among the user and machine.

On the other hand, the HMI segment accounted for almost 35% of the overall market revenue share and is projected to witness a significant growth rate during the analysis period. This can be accredited to the increasing presence of several global HMI manufacturers in developing countries such as India and China.

In terms of regions, the market is generally classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market in North America dominated the industrial display market accounting for a revenue share of 30% and is anticipated to hold a large share of the market in the coming years.

The regional market growth can be due to the high investments in multi-featured HMI devices and IIoT applications, which open up new commercial opportunities in the region. The market in Asia Pacific is anticipated to witness a robust CAGR during the forecast period owing to emerging wide expansion of the industrial sectors and power generation. Additionally, numerous major manufacturers are based in the region.

Segments

The global industrial display market has been segmented on the basis of

Types

Marine Displays
Open Frame Monitors
Panel-mount Monitors
Rugged Displays
Video Walls

Technologies

E-paper Display
LCD
LED
OLED

Applications

Digital Signage
HMI
Interactive Display
Remote Monitoring

Regions

Asia Pacific
North America
Latin America
Europe
Middle East & Africa

Key Players

Advantech Co.Ltd.
Samsung Display
WinMate, Inc.
LG Display Co., Ltd.,
Japan Display, Inc.

Competitive Landscape

Major players competing in the global industrial display market include Advantech Co., Ltd., Samsung Display, WinMate, Inc., LG Display Co., Ltd., and Japan Display, Inc.

Some of these businesses are involved in adopting numerous market strategies such as merger, acquisition, collaboration, partnership, product launch, R&D activities, and capacity expansion to increase market share and global presence.

Recently, Advantech Co. Ltd. a major global embedded solutions provider has launched its latest compact display solution, the IDP-3100 series. This bezel-less touch display having advanced features such as an IP65 rated front can be adopted in a wide range of industries including retail, industrial, and automation, applications. This device is expected to support a backlight lifetime of 50,000 hours and offer outstanding display performance within a solid modern design.

Industrial Display Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Industrial Display Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Industrial Display Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Industrial Display Market - Supply Chain
  4.5. Global Industrial Display Market Forecast
     4.5.1. Industrial Display Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Industrial Display Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Industrial Display Market Absolute $ Opportunity
5. Global Industrial Display Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Industrial Display Market Size and Volume Forecast by Types
     5.3.1. Marine Displays
     5.3.2. Open Frame Monitors
     5.3.3. Panel-mount Monitors
     5.3.4. Rugged Displays
     5.3.5. Video Walls
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Industrial Display Market Analysis and Forecast by Applications
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Applications
     6.2.2. Y-o-Y Growth Projections by Applications
  6.3. Industrial Display Market Size and Volume Forecast by Applications
     6.3.1. Digital Signage
     6.3.2. HMI
     6.3.3. Interactive Display
     6.3.4. Remote Monitoring
  6.4. Absolute $ Opportunity Assessment by Applications
  6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Industrial Display Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. Industrial Display Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global Industrial Display Demand Share Forecast, 2019-2026
8. North America Industrial Display Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
  8.2. North America Industrial Display Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America Industrial Display Market Size and Volume Forecast by Types
     8.4.1. Marine Displays
     8.4.2. Open Frame Monitors
     8.4.3. Panel-mount Monitors
     8.4.4. Rugged Displays
     8.4.5. Video Walls
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. North America Industrial Display Market Size and Volume Forecast by Applications
     8.7.1. Digital Signage
     8.7.2. HMI
     8.7.3. Interactive Display
     8.7.4. Remote Monitoring
  8.8. Basis Point Share (BPS) Analysis by Applications
  8.9. Y-o-Y Growth Projections by Applications
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America Industrial Display Demand Share Forecast, 2019-2026
9. Latin America Industrial Display Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Latin America Average Pricing Analysis
  9.2. Latin America Industrial Display Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America Industrial Display Market Size and Volume Forecast by Types
     9.4.1. Marine Displays
     9.4.2. Open Frame Monitors
     9.4.3. Panel-mount Monitors
     9.4.4. Rugged Displays
     9.4.5. Video Walls
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Latin America Industrial Display Market Size and Volume Forecast by Applications
     9.7.1. Digital Signage
     9.7.2. HMI
     9.7.3. Interactive Display
     9.7.4. Remote Monitoring
  9.8. Basis Point Share (BPS) Analysis by Applications
  9.9. Y-o-Y Growth Projections by Applications
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America Industrial Display Demand Share Forecast, 2019-2026
10. Europe Industrial Display Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Europe Average Pricing Analysis
  10.2. Europe Industrial Display Market Size and Volume Forecast by Country
     10.2.1. Germany
     10.2.2. France
     10.2.3. Italy
     10.2.4. U.K.
     10.2.5. Spain
     10.2.6. Russia
     10.2.7. Rest of Europe
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Europe Industrial Display Market Size and Volume Forecast by Types
     10.4.1. Marine Displays
     10.4.2. Open Frame Monitors
     10.4.3. Panel-mount Monitors
     10.4.4. Rugged Displays
     10.4.5. Video Walls
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Europe Industrial Display Market Size and Volume Forecast by Applications
     10.7.1. Digital Signage
     10.7.2. HMI
     10.7.3. Interactive Display
     10.7.4. Remote Monitoring
  10.8. Basis Point Share (BPS) Analysis by Applications
  10.9. Y-o-Y Growth Projections by Applications
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe Industrial Display Demand Share Forecast, 2019-2026
11. Asia Pacific Industrial Display Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific Industrial Display Market Size and Volume Forecast by Country
     11.2.1. China
     11.2.2. Japan
     11.2.3. South Korea
     11.2.4. India
     11.2.5. Australia
     11.2.6. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific Industrial Display Market Size and Volume Forecast by Types
     11.4.1. Marine Displays
     11.4.2. Open Frame Monitors
     11.4.3. Panel-mount Monitors
     11.4.4. Rugged Displays
     11.4.5. Video Walls
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Asia Pacific Industrial Display Market Size and Volume Forecast by Applications
     11.7.1. Digital Signage
     11.7.2. HMI
     11.7.3. Interactive Display
     11.7.4. Remote Monitoring
  11.8. Basis Point Share (BPS) Analysis by Applications
  11.9. Y-o-Y Growth Projections by Applications
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific Industrial Display Demand Share Forecast, 2019-2026
12. Middle East & Africa Industrial Display Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa Industrial Display Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa Industrial Display Market Size and Volume Forecast by Types
     12.4.1. Marine Displays
     12.4.2. Open Frame Monitors
     12.4.3. Panel-mount Monitors
     12.4.4. Rugged Displays
     12.4.5. Video Walls
  12.5. Basis Point Share (BPS) Analysis by Types
  12.6. Y-o-Y Growth Projections by Types
  12.7. Middle East & Africa Industrial Display Market Size and Volume Forecast by Applications
     12.7.1. Digital Signage
     12.7.2. HMI
     12.7.3. Interactive Display
     12.7.4. Remote Monitoring
  12.8. Basis Point Share (BPS) Analysis by Applications
  12.9. Y-o-Y Growth Projections by Applications
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa Industrial Display Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Industrial Display Market: Market Share Analysis
  13.2. Industrial Display Distributors and Customers
  13.3. Industrial Display Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. Advantech Co., Ltd
     13.4.2. Samsung Display
     13.4.3. WinMate, Inc
     13.4.4. LG Display Co., Ltd
     13.4.5. Japan Display, Inc

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