Asia-Pacific Industrial Display Market, By Type (Rugged Displays, Open Frame Monitors, Multi-Touch (P-Cap) Display, Front Display, USB Type-C Display, SDI Display, Rear Mount Display, Panel Mount Monitors, Marine Displays, Video Walls, Others), Panel Size (Upto 14 Inches, 14 Inches to 21 Inches, 21 to 40 Inches, 40 Inches and Above), Technology (LCD, LED, OLED, E-Paper Display), Communication Type (Serial, Ethernet, Mobile Network, Industrial Communication, RF/Zigbee/IR, Jason/MQTT, Others), Application (HMI, Remote Application, Interactive Display, Digital Signage, Imaging), Vertical (Manufacturing, Energy & Power, Military & Avionics, Oil & Gas, Metals & Mining, Transportation, Others), Country (China, India, Japan, South Korea, Australia, Singapore, Indonesia, Thailand, Malaysia, Philippines, Rest of Asia-Pacific) Industry Trends and Forecast to 2028
Market Analysis and Insights: Asia-Pacific Industrial Display Market
The industrial display market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with the CAGR of 7.1% in the forecast period of 2021 to 2028 and expected to reach USD 3,945.53 million by 2028. Emergence of various technological developments and automated processes in industries are the major factors driving the growth of the industrial display market.
An industrial display system is a collection of machines used for displaying digital output. These machines include different kinds of TFT-display screens, monitors, digital signage and similar equipment. Industrial monitors or displays are designed for increased durability and to withstand the harsh environment conditions such as extreme temperatures, moisture, dust, dirt and others in industrial and commercial applications.
The rising demand for human machine interface (HMI) application in the manufacturing and process industries is propelling the growth of the industrial display market. High investments required for installing of industrial displays / panels which might hamper the growth of the industrial display market. Growing demand for digital signage applications in industries for displaying necessary information is creating opportunity for the industrial display market. Dependence of manufacturers on various suppliers to provide equipment and components is one of the biggest challenges for the industrial display market.
This industrial display market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographical expansions, and technological innovations in the market. To understand the analysis and the industrial display market scenario contact Data Bridge Market Research for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Industrial Display Market Scope and Market Size
The industrial display market is segmented on the basis of type, panel size, technology, communication type, application and vertical. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the industrial display market is segmented into rugged displays, open frame monitors, multi-touch (P-cap) display, front display, USB type-C display, SDI display, rear mount display, panel-mount monitors, marine displays, video walls and others. In 2021, rugged displays segment holds the largest market share in industrial display market as it offers many different solutions for very harsh working environments and conditions where rough usage of technology is the norm.
- On the basis of panel size, the industrial display market is segmented into upto 14 inches, 14 inches to 21 inches, 21 to 40 inches and 40 inches and above. In 2021, upto 14 inches segment holds the largest market share in industrial display market as these components are expected to be increasingly used in small electronic devices such as smartwatches, tablet and laptops.
- On the basis of technology, the industrial display market is segmented into LCD, LED, OLED and e-paper display. In 2021, LCD technology holds the largest market share in industrial display market as LCD display have gaining acceptance owing to their advanced properties that include less power consumption, compact size and low price.
- On the basis of communication type, the industrial display market is segmented into serial, Ethernet, mobile network, industrial communication, RF/Zigbee/IR, Jason/MQTT and others. In 2021, serial segment holds the largest market share in industrial display market as serial communication is a communication method that uses one or two transmission lines to send and receive data and that data is continuously sent and received one bit at a time.
- On the basis of application, the industrial display market is segmented into up to HMI, remote application, interactive display, digital signage and imaging. In 2021, HMI segment holds the largest market share in industrial display market due to increasing adoption of industrial automation in manufacturing, oil & gas and process industries.
- On the basis of vertical, the industrial display market is segmented into manufacturing, energy & power, military & avionics, oil & gas, metals & mining, transportation and others. In 2021, manufacturing segment holds the largest market share in industrial display market due to increasing use of display in industries and technological shift and factory automation process.
Industrial Display Market Country Level Analysis
Industrial display market is analysed and market size information is provided by the country, type, panel size, technology, communication type, application and vertical as referenced above.
The countries covered in Asia-Pacific industrial display market report are Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines and Rest of Asia-Pacific in the Asia-Pacific.
China accounted largest market share due to presence of major manufacturers of industrial displays in the country.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of Asia-Pacific brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Rising Demand of Automation in Manufacturing Industries
Industrial display market also provides you with detailed market analysis for every country growth in industry with sales, components sales, impact of technological development in industrial display and changes in regulatory scenarios with their support for the industrial display market. The data is available for historic period 2010 to 2019.
Competitive Landscape and industrial display Market Share Analysis
Industrial display market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Asia-Pacific presence, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to Asia-Pacific industrial display market.
The major players covered in the report are SAMSUNG ELECTRONICS CO, LTD., Rockwell Automation, Inc., Panasonic Corporation, Sharp NEC Display Solutions, Ltd (a subsidiary of NEC Corporation), Schneider Electric, Siemens, General Electric, Emerson Electric Co., Advantech Co., Ltd., Innolux Corporation, Pepperl+Fuchs SE, Planar, AU Optronics Corp., LG Display Co., Ltd., Japan Display Inc., BOE Technology UK Limited, TRICOMTEK CO., LTD, Tianma Microelectronics Co., Ltd. and Shenzhen TOPWAY Technology Co., Ltd. among other domestic players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Many product developments and acquisitions are initiated by the companies worldwide which are also accelerating the growth of industrial display market.
For instance,
- In September 2020, Planar, a global leader in visualization technology, launched the new Planar HB Series Huddle Board, a line of large format LCD displays optimized for quick and efficient collaboration. With this launch of the new display, the series company has diversified its product line.
- In November 2020, Rockwell Automation, Inc., a global leader in industrial automation and digital transformation has released the new Allen-Bradley VersaView 6300 PCs industrial PCs and software to improve visualization reliability and security applications markedly. With this new product launch, the company has increased its product line.
Production expansion, new product development and other strategies enhances the company market share with increased coverage and presence. It also provides the benefit for organisation to improve their offering for industrial display.
SKU-