Industrial Display Global Market Report 2024

Description

“Industrial Display Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on industrial display market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
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Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
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Where is the largest and fastest growing market for industrial display? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The industrial display market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Type: Rugged Displays; Open-frame Monitors; Panel-Mount Monitors; Marine Displays; Video Walls
2) By Technology: Liquid Crystal Display(LCD); Light-Emitting Diode(LED); Organic Light-Emitting Diode(OLED); E-paper
3) By Panel Size: Up to 14"; 14-21"; 21-40"; 40" And above
4) By Application: Human-Machine Interface (HMI); Remote Monitoring; Interactive Display; Digital Signage; Imaging
5) By End-User: Manufacturing; Mining And Metals; Oil And Gas; Energy And Power; Transportation
Companies Mentioned: LG Display Co. Ltd.; Samsung Display Co. Ltd.; Advantech Co. Ltd.; Planar Systems Inc.; Japan Display Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

An industrial display refers to a set of equipment designed for enhanced durability, capable of withstanding challenging conditions in industrial and commercial applications while presenting digital output. These systems are offered in a diverse range of sizes and resolutions, along with various mounting options.

The primary types of industrial displays include rugged displays, open-frame monitors, panel-mount monitors, marine displays, and video walls. Rugged displays are computer monitors employing different technologies as interfaces to connect with computers or machines. These technologies encompass liquid crystal display (LCD), light-emitting diode (LED), organic light-emitting diode (OLED), and e-paper, featuring various panel sizes including up to 14 inches, 14-21 inches, 21-40 inches, 40 inches, and above. They find applications in diverse fields such as human-machine interface (HMI), remote monitoring, interactive display, digital signage, and imaging, serving various end-users including manufacturing, mining and metals, oil and gas, energy and power, and transportation.

The industrial display market research report is one of a series of new reports from The Business Research Company that provides industrial display market statistics, including industrial display industry global market size, regional shares, competitors with a industrial display market share, detailed industrial display market segments, market trends and opportunities, and any further data you may need to thrive in the industrial display industry. This industrial display market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The industrial display market size has grown strongly in recent years. It will grow from $5.34 billion in 2023 to $5.73 billion in 2024 at a compound annual growth rate (CAGR) of 7.3%. The growth observed in the historic period can be credited to several factors, including industrial automation, heightened demand in manufacturing, government initiatives, the globalization of industries, an increased emphasis on user interface (UI) design, as well as efforts towards cost reduction and enhanced affordability.

The industrial display market size is expected to see strong growth in the next few years. It will grow to $7.55 billion in 2028 at a compound annual growth rate (CAGR) of 7.2%. The anticipated growth in the forecast period can be traced to several key factors, including a growing emphasis on augmented reality (AR) and virtual reality (VR), a focus on energy efficiency and sustainability, rising concerns about cybersecurity, the demand for customization and modular display solutions, and the rapid growth in emerging markets. Prominent trends expected in the forecast period encompass the integration of Industry 4.0, a heightened demand for high-resolution displays, an increased utilization of touchscreen technology, a focus on robust and durable designs, and the adoption of LED backlit displays.

The industrial display market is anticipated to experience growth, driven by the increasing adoption of IoT-based devices. The Internet of Things (IoT) refers to a networked system of interconnected computing devices with unique identities (UIDs), enabling data transmission over a network without the need for direct human interaction. As IoT devices generate vast amounts of data requiring real-time visualization and analysis, industrial displays serve as crucial interfaces for this purpose. Additionally, these displays must be durable, reliable, and provide high visibility, especially in challenging environments. According to a report by Ericsson, the number of active IoT device connections reached 13.2 billion in 2022, with a projected increase to 34.7 billion by 2028, showcasing an 18% annual growth rate. Therefore, the industrial display market is propelled by the rising adoption of IoT-based devices.

The industrial display market is expected to benefit from the growth in the mining industry. The mining sector, involved in extracting valuable minerals and geological materials, plays a significant role in various sectors such as manufacturing, energy, and infrastructure. With an increasing emphasis on automation and sophisticated control systems in mining operations, industrial displays are essential for providing visual interfaces to monitor and control equipment and processes. The industrial index in Saudi Arabia rose by 5.8% in 2021, driven by higher production in mining and quarrying activities, constituting 74.5% of the index. Hence, the expanding mining industry is a key driver for the industrial display market.

Product innovations emerge as a prominent trend in the industrial display market, with major companies focusing on developing innovative solutions to enhance their market positions. For example, Advantech Co. Ltd, a Taiwan-based company, introduced the PPC-115W and PPC-112W RISC-based Android panel PCs designed for industrial digitalization. These devices feature multi-touch P-CAP control, a dual-core ARM Cortex-A72, and quad-core Cortex-A5 CPU, running on the Android 10 operating system with built-in WISE-IoTSuite/AppHub remote management.

Major companies in the market are introducing technologically advanced products to maintain a competitive edge. Helios Technologies, a US-based company specializing in motion control and electronic controls technology, launched the Next Display Platform in September 2022. This platform integrates core features and technologies, enabling Helios to deliver lighter, faster, and more cost-effective control systems to various market segments. The Next Display Platform includes software and hardware advantages tailored to the needs of equipment manufacturers.

In July 2022, H.I.G. Capital LLC, a US-based private equity investment firm, successfully acquired Watchfire Signs LLC for an undisclosed amount. This strategic acquisition positions H.I.G. Capital to invest in Watchfire, a leading provider of LED signs, digital billboards, and related products, benefiting from industry trends such as digital transformation and the replacement of outdated signs that continue to drive growth.

Major companies operating in the industrial display market report are LG Display Co. Ltd., Samsung Display Co. Ltd., Advantech Co. Ltd., Planar Systems Inc., Japan Display Inc., Innolux Corp., Siemens AG, Panasonic Corporation Co. Ltd., Pepperl+Fuchs SE, WinMate Inc., NEC Display Solutions Ltd., Maple Systems Inc., BOE Technology Group Co. Ltd., AU Optronics Corp., Hannstar Display Corp., TCL Display Technology Holdings Limited, Schneider Electric SE, Sharp Corporation, Emerson Electric Co., Rockwell Automation Inc., Prysm Inc., SigmaSense, Barco NV, ViewSonic Corporation, Sahara Presentation Systems PLC, Steris plc, Delta Electronics Inc., Corning Incorporated, DuPont de Nemours Inc., E Ink Holdings Inc

North America was the largest region in the industrial display market in 2023. Asia-Pacific is expected to be the fastest-growing region in the industrial display market report during the forecast period. The regions covered in the industrial display market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the industrial display market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The industrial display market consists of sales of industrial ip65 monitor, open frame monitor, panel mount monitor, curved monitor, flush touch monitors, industrial display kit, and digital signage displays. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Product Code: r11059

1. Executive Summary

2. Industrial Display Market Characteristics

3. Industrial Display Market Trends And Strategies

4. Industrial Display Market - Macro Economic Scenario

4.1. Impact Of High Inflation On the Market
4.2. Ukraine-Russia War Impact On the Market
4.3. COVID-19 Impact On the Market

5. Global Industrial Display Market Size and Growth

5.1. Global Industrial Display Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Industrial Display Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Industrial Display Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Industrial Display Market Segmentation

6.1. Global Industrial Display Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Rugged Displays
Open-frame Monitors
Panel-Mount Monitors
Marine Displays
Video Walls
6.2. Global Industrial Display Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Liquid Crystal Display(LCD)
Light-Emitting Diode(LED)
Organic Light-Emitting Diode(OLED)
E-paper
6.3. Global Industrial Display Market, Segmentation By Panel Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Up to 14"
14-21"
21-40"
40" And above
6.4. Global Industrial Display Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Human-Machine Interface (HMI)
Remote Monitoring
Interactive Display
Digital Signage
Imaging
6.5. Global Industrial Display Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Manufacturing
Mining And Metals
Oil And Gas
Energy And Power
Transportation

7. Industrial Display Market Regional And Country Analysis

7.1. Global Industrial Display Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Industrial Display Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Industrial Display Market

8.1. Asia-Pacific Industrial Display Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Industrial Display Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Industrial Display Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Industrial Display Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Industrial Display Market

9.1. China Industrial Display Market Overview
9.2. China Industrial Display Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Industrial Display Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Industrial Display Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Industrial Display Market

10.1. India Industrial Display Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Industrial Display Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Industrial Display Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Industrial Display Market

11.1. Japan Industrial Display Market Overview
11.2. Japan Industrial Display Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Industrial Display Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Industrial Display Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Industrial Display Market

12.1. Australia Industrial Display Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Industrial Display Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Industrial Display Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Industrial Display Market

13.1. Indonesia Industrial Display Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Industrial Display Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Industrial Display Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Industrial Display Market

14.1. South Korea Industrial Display Market Overview
14.2. South Korea Industrial Display Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Industrial Display Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Industrial Display Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Industrial Display Market

15.1. Western Europe Industrial Display Market Overview
15.2. Western Europe Industrial Display Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Industrial Display Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Industrial Display Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Industrial Display Market

16.1. UK Industrial Display Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Industrial Display Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Industrial Display Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Industrial Display Market

17.1. Germany Industrial Display Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Industrial Display Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Industrial Display Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Industrial Display Market

18.1. France Industrial Display Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Industrial Display Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Industrial Display Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Industrial Display Market

19.1. Italy Industrial Display Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Industrial Display Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Industrial Display Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Industrial Display Market

20.1. Spain Industrial Display Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Industrial Display Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Industrial Display Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Industrial Display Market

21.1. Eastern Europe Industrial Display Market Overview
21.2. Eastern Europe Industrial Display Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Industrial Display Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Industrial Display Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Industrial Display Market

22.1. Russia Industrial Display Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Industrial Display Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Industrial Display Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Industrial Display Market

23.1. North America Industrial Display Market Overview
23.2. North America Industrial Display Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Industrial Display Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Industrial Display Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Industrial Display Market

24.1. USA Industrial Display Market Overview
24.2. USA Industrial Display Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Industrial Display Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Industrial Display Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Industrial Display Market

25.1. Canada Industrial Display Market Overview
25.2. Canada Industrial Display Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Industrial Display Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Industrial Display Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Industrial Display Market

26.1. South America Industrial Display Market Overview
26.2. South America Industrial Display Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Industrial Display Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Industrial Display Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Industrial Display Market

27.1. Brazil Industrial Display Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Industrial Display Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Industrial Display Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Industrial Display Market

28.1. Middle East Industrial Display Market Overview
28.2. Middle East Industrial Display Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Industrial Display Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Industrial Display Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Industrial Display Market

29.1. Africa Industrial Display Market Overview
29.2. Africa Industrial Display Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Industrial Display Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Industrial Display Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Industrial Display Market Competitive Landscape And Company Profiles

30.1. Industrial Display Market Competitive Landscape
30.2. Industrial Display Market Company Profiles
- 30.2.1. LG Display Co. Ltd.
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Samsung Display Co. Ltd.
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Advantech Co. Ltd.
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. Planar Systems Inc.
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Japan Display Inc.
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Global Industrial Display Market Competitive Benchmarking

32. Global Industrial Display Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Industrial Display Market

34. Industrial Display Market Future Outlook and Potential Analysis

34.1 Industrial Display Market In 2028 - Countries Offering Most New Opportunities
34.2 Industrial Display Market In 2028 - Segments Offering Most New Opportunities
34.3 Industrial Display Market In 2028 - Growth Strategies
- 34.3.1 Market Trend Based Strategies
- 34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer