Europe Panel Mount Industrial Display Market, By Technology (LED, Liquid Crystal Display (LCD) And OLED), Panel Size (14" -21", Up To 14", 22"-40" and 41" And Above), Resolution (HD, 4K and Others), Touch Availability (Touch and Non Touch), Application (HMI, Industrial Open Frame Monitors, Remote Monitoring, and Imaging), End User (Manufacturing, Medical, Oil and Gas, Food Processing, Transportation, Energy and Power, and Others), Country (Germany, France, Russia, U.K., Italy, Spain, Netherlands, Belgium, Switzerland, Denmark, Sweden, Finland, Turkey, Norway and Rest of Europe), Market Trends and Forecast to 2028
Market Analysis and Insights: Europe Panel Mount Industrial Display Market
Europe panel mount 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 a CAGR of 8.60% in the forecast period of 2021 to 2028 and is expected to reach USD 577.09 million by 2028. Growing technological developments in European region is acting as major factor for the growth of the market.
Panel mount display is industrial display equipment that can fit into an aperture or hole and can be mounted onto a panel. Panel mount type can also be installed with a VESA mount, rear mount, or a front mount. The industrial display system is used for displaying digital output and includes different kinds of TFT-display screens, monitors, and similar equipment. Industrial displays are being used in almost all the industry verticals such as transportation, manufacturing, medical, and others. The protective tempered glass acts as a shield for the industrial display to protect from dust and liquids. Moreover, the displays can use different touch and non-touch screen technologies as per the application requirement.
The major factors driving the growth of the panel mount industrial display market are increasing adoption of internet of things (IoT) and rising demand for multi-featured human machine interface (HMI) devices. Increasing number of partnership and collaboration to increase geographical reach of companies is boosting the growth of the market. High initial cost related with implementation of industrial displays is the major restraint for panel mount industrial display market. Complexity in deployment of displays for all weather conditions is acting as a major challenge for the growth of the market.
This panel mount 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, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Europe Panel Mount Industrial Display Market Scope and Market Size
Europe panel mount industrial display market is segmented into six notable segments which are based on technology, panel size, resolution, touch availability, application, and end user. 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 technology, Europe panel mount industrial display market has been segmented into LED, Liquid Crystal Display (LCD), OLED. In 2021, LCD segment dominates due to high presence of industrial display manufacturers in the region.
- On the basis of panel size, Europe panel mount industrial display market has been segmented into upto 14”, 14”-21”, 22”-40”, 41” and above. In 2021, 14”-21” segment dominates because as it occupies less space of working and can be easily transported.
- On the basis of resolution, Europe panel mount industrial display market has been segmented into 4K, HD, others. In 2021, HD segment dominates because it offers high quality pictures and most of the pictures can be visualised in HD displays.
- On the basis of touch availability, Europe panel mount industrial display market has been segmented into touch, non touch. In 2021, touch segment dominates as touch screens are more durable and resistive as compared to non touch and are highly suitable for industrial use.
- On the basis of application, Europe panel mount industrial display market has been segmented into industrial open frame monitors, interactive display, HMI, ATM, Imaging, remote monitoring. In 2021, HMI segment dominates because HMI is highly used in digital signage applications that are highly used in transportation industry.
- On the basis of end user, Europe panel mount industrial display market has been segmented into manufacturing, food processing, medical, transportation, oil and gas, energy and power, others. In 2021, manufacturing segment dominates because of presence of high number of manufacturing facilities in the region.
Europe Panel Mount Industrial Display Market Country Level Analysis
Europe panel mount industrial display market is analysed and market size information is provided by country, technology, panel size, resolution, touch availability, application, and end user.
The countries covered in Europe panel mount industrial display market report are Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland and Rest of Europe.
U.K. is dominating the European region for panel mount industrial display market due to high presence of manufacturing facilities in the region that make use of industrial panel mount displays.
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 global 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 Panel Mount Industrial Display
Europe panel mount 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 panel mount industrial display and changes in regulatory scenarios with their support for the panel mount industrial display market. The data is available for historic period 2011-2019.
Competitive Landscape and Europe Panel Mount Industrial Display Market Share Analysis
Europe panel mount 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, global 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 Europe panel mount industrial display market.
The major players covered in the report are Advantech Co., Ltd., Pepperl+Fuchs SE, Hope Industrial Systems, Inc., AUO Display Plus Corp. (A subsidiary of AU Optronics Corp.), Winmate Inc., Rockwell Automation, Inc., Nemacom Ltd., Schneider Electric, Siemens, EIZO Corporation, Axiomtek Co., Ltd., Quanzhou Neway Industrial Limited, New Vision Display (Shenzhen) Co, Ltd. (A Subsidiary of Tianjin Jingwei Huikai Optoelectronic Co., Ltd) and Datasound Laboratories Ltdamong other domestic players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Many product developments are also initiated by the companies worldwide which are also accelerating the growth of Europe panel mount industrial display market.
For instance,
- In January 2020, Advantech Co., Ltd. announced the launch of VUE-2000 Series as its newest line of Panel-Mount Monitors. The VUE-2000 series is equipped with company’s latest industrial displays and can be used as a stand-alone touch monitor with the optional VESA stand. The new product enhanced the product portfolio of the company.
- In February 2019, New Vision Display (Shenzhen) Co, Ltd. (a subsidiary of Tianjin Jingwei Huikai Optoelectronic Co., Ltd.) announced the launch of 2.95-inch AMOLED display of its OSD Displays Division. The 2.95-inch display offered 1800×1200 resolution that provided with a 547PPI quality image. The new product helped in increasing the product line of the company.
Partnership, joint ventures 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 panel mount industrial display.
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