Global Industrial Display Market

Industrial Display Market Size, Share, Growth Analysis, By Technology(LCD, LED, OLED, Others), By Enterprise Size(Small, Medium, Large), By Organization size(Large Enterprises, SME’s), By Application(Marine, Oil & Gas, Transportation, Healthcare), By Type(Rugged Displays, Open-Frame Monitors, Panel-Mount Monitors, Marine Displays), By Region - Industry Forecast 2024-2031


Report ID: SQMIG45J2160 | Region: Global | Published Date: February, 2024
Pages: 270 |Tables: 150 |Figures: 78

Industrial Display Market Insights

Industrial Display Market size was valued at USD 4.98 billion in 2019 and is poised to grow from USD 5.3 billion in 2023 to USD 8.85 billion by 2031, growing at a CAGR of 6.6% in the forecast period (2024-2031).

The global industrial display market is being driven by rapid technological advancements, the emergence of high-definition screens with curved edges and touch screens, increased brand promotion, and the growing adoption of IoT. However, the high cost and maintenance of these systems limit the market growth. Furthermore, increased corporate investment in the development of displays for outdoor applications is expected to open up new market opportunities. The Global Industrial Display Market share is primarily fueled by an increasingly complicated network of systems that underpins the global digital economy. Because the market is heavily reliant on computing machines, the industry has developed various anti-ransomware verticals such as complicated systems, protected internet gateways, and numerous domains.

The growing demand for multi-featured HMIs and smart touch screen displays is driving advancement and innovation. Regulations governing the manufacture and sale of industrial displays vary by region or country. For instance, the European Union Law on the Constraints of Hazardous Substances (RoHS) has limited the use of cadmium, lead, mercury, and hexavalent chromium in electronic equipment, as well as flame retardants such as Polybrominated Diphenyl Ethers (PBDE) or Polybrominated Biphenyls (PBB). However, the increasing adoption of multi-featured Human-Machine Interface (HMI) devices, the Industrial Internet of Things (IoT), and the proliferation of intelligent industrial displays are some of the factors driving the market growth. The displays' innovative features, such as multitouch panels and automatic touch detectors; RFIDs; Ethernet connectivity; and resistance to extreme temperatures, shock, vibration, dust, scratch, and chemicals, are propelling the industry forward.

US Industrial Display Market is poised to grow at a sustainable CAGR for the next forecast year.

Market Snapshot - 2024-2031

Global Market Size

USD 4.98 billion

Largest Segment

Panel-Mount Monitors

Fastest Growth

Panel-Mount Monitors

Growth Rate

6.6% CAGR

Global Industrial Display Market 2022-2028 ($ Bn)
Country Share for North America Region- 2021 (%)

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Industrial Display Market Segmental Analysis

The Global Industrial Display market is segmented based on Technology, Organization size Enterprise Size, Application, Type, and Region. Based on Enterprise Size, the market is segmented into Small, Medium, and Large. Based on Technology, the market is segmented into LCD, LED, OLED, and Others. Based on Organization size, the market is segmented into Large Enterprises and SMEs. Based on Application, the market is segmented into Marine, Oil & Gas, Transportation, Healthcare, Manufacturing, Power, and Others. Based on Type, the market is segmented into Rugged Displays, Open-Frame Monitors, Panel-Mount Monitors, Marine Displays, And Video Walls. Based on region the global Industrial Display market is segmented into North America, Europe, Asia-Pacific, South America, and MEA.

Industrial Display Market Analysis by Type

The panel-mount segment accounted for more than 37.1% of total revenue in 2021 and is anticipated to dominate the market during the forecast period. Its popularity is due to the device's wide range of applications, ease of availability, and low cost. Panel-mount industrial displays are primarily used for operational process control in manufacturing plants. Maritime displays are designed to withstand harsh aquatic ecosystems and are used on commercial and cargo ships, cruise ships, and yachts.

These industrial displays had the lowest revenue share in 2021. however, their market is expected to grow at a significant CAGR over the forecast period. Real-time sonar for ships, a driverless monitoring system for a port city substation, an Ethernet-integrated fighting framework for battleships and tank balancing systems, and ship motor monitoring systems are among the benefits of these displays. Rugged displays are particularly made to function reliably in harsh industrial environments such as extreme temperatures, vibrations, and wet and dusty conditions. Rail line control systems, armed services monitors, and task status boards in the industrial industry are among their applications.

Global Industrial Display Market By Type, 2021 (%), 2023 (%)

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Industrial Display Market Regional Insights

North America held the largest global industrial display market share in 2021 and is expected to continue during the forecast period. The United States is a significant contributor to the region's Industrial Display market growth. North America is the largest regional market in the global Industrial Display market Increased use of digital signage and HMIs in North America is expected to generate new business opportunities over the forecast period. Furthermore, the growing popularity of industrial automation, rising investment in IoT applications, and multi-featured HMI devices may accelerate the use of industrial display capabilities in this market.

The United States is estimated to be the largest market for industrial displays in North America, with high demand coming from the monitoring system, HMI, and interactive visual applications. Furthermore, Southeast Asian countries such as India, Japan, and China are driving the expansion of industrial displays in the APAC region. The Asia Pacific is expected to grow the fastest during the forecast period. The region's demand for industrial displays is primarily driven by the electricity plants and manufacturing sectors. Furthermore, a few key manufacturers of these displays are based in the Asia Pacific region.

Global Industrial Display Market By Geography, 2022-2028, 2024-2031
  • Largest
  • Fastest

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Industrial Display Market Dynamics

Industrial Display Market Driver

Rising demand for HMI devices is fuelling the growth of the industrial display market.

  • The global market for industrial displays is expanding due to rising demand for human-machine interface (HMI) implementations in the process and manufacturing industries. Human Machine Interfaces (HMIs) and other displays can respond to changing production demands and carefully monitor production processes, reducing downtime and increasing workforce efficiency. This trend is causing the market to expand. Furthermore, the market is expanding due to the increasing demand for digital signage applications across industries. Furthermore, the market has expanded at a rapid pace in recent years as a result of the growing acceptance of LED and LCDs, as well as the widespread adoption of IoT-based technologies. The industrial display offers advantages such as cost-effectiveness, reliability, system stability, exceptional adaptability, speed, efficiency, portable technology, moderate usage, ease of installation, extensive product life expectancy, and fully customizable features, thereby positively impacting the market.

Increasing performance of OLED & LCD to Support the growth

The display technology in use depends on the application, but most people are familiar with organic light-emitting diodes (OLED) and liquid crystal displays (LCD). These are made up of a front plane (the OLED or LCD component) and a backplane (an array of millions of thin-film transistors that turn on and off the individual display pixels). The color performance, contrast, and pixel size of the display are determined by the front plane and backplane combination used. There is currently a lot of interest in improving color performance because existing displays cannot produce all of the colors found in nature. New technologies, such as quantum dots and MicroLED, open up new possibilities, potentially allowing the development of displays that can produce every visible color. These factors are expected to accelerate the industrial display market over the forecast year.

Industrial Display Market Restraint

High installation costs for industrial displays

  • As previously stated, the growing number of market participants across sectors has resulted in a fragmented market. Business owners invest heavily in digitization and automation to increase efficiency. For example, POS displays, a subset of industrial displays, are used to improve the branding, promotion, and marketing of a company's products and services to retain customers in today's highly fragmented market. However, not all market participants can implement such business automation and digitization. Due to the high costs of installing industrial displays, these market participants will be excluded from the consumption bracket. As a result, the high costs of installing industrial displays may stifle market growth.

Use of low-quality industrial equipment

  • Industrial displays used in manufacturing facilities, fabrication sectors, and marine industries must withstand extreme heat, force, and other such phenomena. They are subjected to light, wind, air, and water, which can cause rusting or oxidation and shorten the equipment's lifespan. Some manufacturers' use of low-quality industrial equipment to reduce manufacturing costs of industrial displays results in regular machine replacement or repair. Reduced device lifespan and regular repair/replacement raise the cost for the manufacturing consumer, discouraging them from purchasing the displays. As a result, a few manufacturers' uses of low-quality industrial equipment may stymie the expansion of the industrial display market.

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Industrial Display Market Competitive Landscape

To enhance their competitive position in the global industrial display industry, key players are now focusing on implementing strategies such as adopting new technology, product innovations, mergers and acquisitions, joint ventures, alliances, and partnerships. For instance, Emerson introduced the RXi industrial display and panel PC portfolio with the goal of monitoring, visualizing, and improving day-to-day manufacturing operations. RXi industrial displays are compatible with Emerson's Programmable Automation Control (PAC), Programmable Logic Control (PLC), and third-party control systems.

The second instance is related to the acquisition of Jaco Display Solutions LLC, which manufactures and supplies touch panels, rugged LCDs, engineering services, optical bonding, and repair and replacement services by Video Display Corp.

Industrial Display Market Top Player's Company Profiles

  • Samsung Electronics
  • LG Display
  • Sharp (Foxconn)
  • Innolux Corporation
  • Japan Display Inc.
  • AU Optronics Corp.
  • Tianma Microelectronics Co., Ltd.
  • BOE Technology Group Co., Ltd.
  • Advantech Co., Ltd.
  • Mitsubishi Electric Corporation
  • NEC Display Solutions, Ltd.
  • Panasonic Corporation
  • Planar Systems, Inc.
  • Siemens AG
  • Koninklijke Philips N.V.
  • Schneider Electric SE
  • Rockwell Automation, Inc.
  • Honeywell International Inc.
  • Emerson Electric Co.
  • Yokogawa Electric Corporation

Industrial Display Market Recent Development

  • In September 2022, ViewSonic Corp, a visual solutions provider, introduced the TD2465 touch monitor, a 24-inch touchscreen for retail, industrial, and commercial environments. It has multi-touch modes that are sensitive to styluses, gloved fingers, and wet hands, and it works with the ViewSonic touch controller software to manage on-screen display settings without the use of physical buttons.
  • In September 2022, TCL Introduces New High-Performance Models for its 2022 Premium TV Line-up. The company announced the cost and availability of its new premium models, which feature QLED and Mini-LED technology and the user-friendly Roku TVTM streaming platform.

Industrial Display Key Market Trends

  • Recently, it has been discovered that slimmer large industrial displays outperform their larger counterparts in terms of effectiveness, pixel density, and space consumption, increasing their marketability. Even though slim-framed major manufacturing displays can better meet end users' quest for optimizing manufacturing capabilities, their adoption is expected to remain high in key industries such as automotive and transportation, and electrical and electronics. Large industrial displays, on the other hand, are likely to face a "battle of adoption" from the updated breakthrough technology, such as screen-less displays with 4k screen resolution and projectors. With the massive energy requirements of major manufacturing displays, ‘screen-less' displays will likely pose significant competition to both large and touchscreen displays.

Industrial Display Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.

According to our global industrial display market analysis, we found that LCD technology has been widely adopted for more than two decades and continues to dominate the market, accounting for more than 90% of screens sold today; TVs and monitors, notebooks, laptop and tablet screens, almost all rely on LCD technology. Despite evolving, becoming thinner and lighter, expanding to larger sizes, and offering significantly improved screen performance (including resolution, color, contrast, brightness, and refresh rate), their rigid glass-based construction limits the design of many new applications and products. Industrial Display spending is expected to rise steadily over the forecast period.

Report Metric Details
Market size value in 2023 USD 4.98 billion
Market size value in 2031 USD 8.85 billion
Growth Rate 6.6%
Forecast period 2024-2031
Forecast Unit (Value) USD Billion
Segments covered
  • Technology
    • LCD, LED, OLED, Others
  • Enterprise Size
    • Small, Medium, Large
  • Organization size
    • Large Enterprises, SME’s
  • Application
    • Marine, Oil & Gas, Transportation, Healthcare, Manufacturing, Power, Others
  • Type
    • Rugged Displays, Open-Frame Monitors, Panel-Mount Monitors, Marine Displays, Video Walls.
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Samsung Electronics
  • LG Display
  • Sharp (Foxconn)
  • Innolux Corporation
  • Japan Display Inc.
  • AU Optronics Corp.
  • Tianma Microelectronics Co., Ltd.
  • BOE Technology Group Co., Ltd.
  • Advantech Co., Ltd.
  • Mitsubishi Electric Corporation
  • NEC Display Solutions, Ltd.
  • Panasonic Corporation
  • Planar Systems, Inc.
  • Siemens AG
  • Koninklijke Philips N.V.
  • Schneider Electric SE
  • Rockwell Automation, Inc.
  • Honeywell International Inc.
  • Emerson Electric Co.
  • Yokogawa Electric Corporation
Customization scope

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  • Segments by type, application, etc
  • Company profile
  • Market dynamics & outlook
  • Region

Historical Year 2019

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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Industrial Display Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Industrial Display Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Industrial Display Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Industrial Display Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Industrial Display Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Industrial Display Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

Industrial Display Market size was valued at USD 4.98 billion in 2019 and is poised to grow from USD 5.3 billion in 2023 to USD 8.85 billion by 2031, growing at a CAGR of 6.6% in the forecast period (2024-2031).

To enhance their competitive position in the industrial display industry, key players are now focusing on implementing strategies such as adopting new technology, product innovations, mergers and acquisitions, joint ventures, alliances, and partnerships. For instance, Emerson introduced the RXi industrial display and panel PC portfolio with the goal of monitoring, visualizing, and improving day-to-day manufacturing operations. RXi industrial displays are compatible with Emerson's Programmable Automation Control (PAC), Programmable Logic Control (PLC), and third-party control systems. 'Samsung Electronics', 'LG Display', 'Sharp (Foxconn)', 'Innolux Corporation', 'Japan Display Inc.', 'AU Optronics Corp.', 'Tianma Microelectronics Co., Ltd.', 'BOE Technology Group Co., Ltd.', 'Advantech Co., Ltd.', 'Mitsubishi Electric Corporation', 'NEC Display Solutions, Ltd.', 'Panasonic Corporation', 'Planar Systems, Inc.', 'Siemens AG', 'Koninklijke Philips N.V.', 'Schneider Electric SE', 'Rockwell Automation, Inc.', 'Honeywell International Inc.', 'Emerson Electric Co.', 'Yokogawa Electric Corporation'

The market for industrial displays is expanding due to rising demand for human-machine interface (HMI) implementations in the process and manufacturing industries. Human Machine Interfaces (HMIs) and other displays can respond to changing production demands and carefully monitor production processes, reducing downtime and increasing workforce efficiency. This trend is causing the market to expand. Furthermore, the market is expanding due to the increasing demand for digital signage applications across industries. Furthermore, the market has expanded at a rapid pace in recent years as a result of the growing acceptance of LED and LCDs, as well as the widespread adoption of IoT-based technologies. The industrial display offers advantages such as cost-effectiveness, reliability, system stability, exceptional adaptability, speed, efficiency, portable technology, moderate usage, ease of installation, extensive product life expectancy, and fully customizable features, thereby positively impacting the market.

Recently, it has been discovered that slimmer large industrial displays outperform their larger counterparts in terms of effectiveness, pixel density, and space consumption, increasing their marketability. Even though slim-framed major manufacturing displays can better meet end users' quest for optimizing manufacturing capabilities, their adoption is expected to remain high in key industries such as automotive and transportation, and electrical and electronics. Large industrial displays, on the other hand, are likely to face a "battle of adoption" from the updated breakthrough technology, such as screen-less displays with 4k screen resolution and projectors. With the massive energy requirements of major manufacturing displays, ‘screen-less' displays will likely pose significant competition to both large and touchscreen displays.

North America held the largest industrial display market share in 2021 and is expected to continue during the forecast period. The United States is a significant contributor to the region's Industrial Display market growth. North America is the largest regional market in the Industrial Display market Increased use of digital signage and HMIs in North America is expected to generate new business opportunities over the forecast period. Furthermore, the growing popularity of industrial automation, rising investment in IoT applications, and multi-featured HMI devices may accelerate the use of industrial display capabilities in this market.

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