Industrial Display Market Worth 5.87 Billion USD by 2022
Friday, May 19, 2017
PUNE, India, May 19, 2017 /PRNewswire/ --
According to a new market research report "Industrial Display Market, by Type (Rugged
Displays, Open Frame, Panel-Mount, Marine, Video Walls), Technology, Panel Size,
Application (HMI, Remote Monitoring, Interactive Display, Digital Signage), Vertical and
Geography - Global Forecast to 2022", published by MarketsandMarkets(TM) , the market is
expected to grow from USD 4.09 Billion in 2016 to reach USD 5.87 Billion by 2022, at a
CAGR of 6.18% between 2017 and 2022.
Browse 65 market data Tables and 79 Figures spread through 186 Pages and in-depth TOC
on "Industrial Display Market"
Early buyers will receive 10% customization on reports.
Panel-mount monitors accounted for the largest share of the industrial display market
The industrial display market is led by the panel-mount monitors. The major reason for
the large market size of panel-mount monitors is due to the demand generated by HMIs,
interactive displays, and digital signage applications in manufacturing, oil & gas, and
energy & power sectors.
The market for OLED technology is likely to grow at the highest rate during the
OLED technology is expected to grow at the highest rate between 2017 and 2022 and hold
the largest market size by 2022. OLED is a fairly new display technology in the industrial
space and can serve diverse applications including remote monitoring using portable
devices; HMI, and imaging. For example, OLED is used as a status indicator in the
industrial sector and also used in digital signage for advertisement or information
display. These applications are the key factors for driving the growth of the OLED display
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North America held the largest market share in 2016
North America held the largest share of the industrial display market in 2016,
followed by Europe and APAC. The US accounted for the largest share of the industrial
display market in this region. Rugged displays are widely used for HMI applications and
remote monitoring in the manufacturing sector that boost the industrial display market in
North America. The leading companies for display technologies, industrial monitors, HMIs,
and related semiconductor components, such as Planar Systems, Inc. (US) and GE (US) are
based in the North American region.
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The major players operating in the industrial display market include Samsung Display
Co. Ltd. (South Korea), LG Display Co., Ltd. (South Korea), Panasonic Corporation (Japan),
and Advantech Co. Ltd. (Taiwan).
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