Market Research Report
India Display Market Forecast 2022-2028
|India Display Market Forecast 2022-2028|
Published: January 6, 2022
Content info: 115 Pages
Delivery time: 2-3 business days
The India display market is forecasted to record a CAGR of 4.96% over the estimated years. The country's market growth is supplemented by the reducing costs of components, in addition to the increasing adoption of advanced and innovative systems. The base year considered for the studied market is 2021, and the forecasting years are from 2022 to 2028.
Display screens are widely adopted across consumer electronic devices such as smartwatches, televisions, smartphones, laptops, and others. Moreover, the upgradation of technologies ensures improved applications into diverse industry verticals, including consumer retail, transportation, and electronics. Besides, the number of devices constituting touch sensors has risen dramatically over recent years as touch-based devices are more simple in terms of accessibility.
The rising shipments of POS systems offer lucrative growth opportunities to companies operating in the Indian market. POS display manufacturers increasingly focus on providing advanced units, including interactive POS displays equipped with sensors in order to detect individuals in proximity, among others. In addition, several retailers have also amalgamated mobile client applications with POS displays to deliver enhanced personalization in terms of customers' shopping journeys. Therefore, these factors are set to play a pivotal role in fueling the India display market growth during the forecasted years.
Some of the key players operating in the market are: Corning Incorporated, HannStar Display Corporation, Samsung Electronics Co Ltd, etc.