What is Industrial Display Market?
An industrial display is system assembly of machines that are used for displaying output. These machines record and display physical quantities by showing product and its information to the consumer. Hence, industrial displays are used to present their offerings in interactive way. They are used in number of end use industries. It automated number of industrial processes. They consist of various kind of display’s like TFT-display screens, monitors, and others. All this assembly is used together with other equipment’s. For instance, monitor system is used with other surgical equipment’s in hospital during surgery. They are used in supermarkets with point-of-sale (POS) systems for product inventories, cashier work, and other related activities. Thus, industrial display is essential for any business which impacting on its demand in positive manner.
The market study is being classified by Type (Industrial IP65, Open Frame, Panel Mount, Curved Monitor, Flush Touch and Others), by Application (Digital Signage, Remote Monitoring, HMI and Others) and major geographies with country level break-up.
Samsung Corporation (South Korea), Panasonic Corporation (Japan), Schneider Electric SE (France), LG Display Co., Ltd. (South Korea), Distronik GmbH (Germany), AU Optronics Corp. (Taiwan), Siemens AG (Germany), Rockwell Automation, Inc. (United States), Xenarc Technologies Corp. (United States), Raystar Optronics, INC. (Taiwan), Advantech Co., Ltd. (China), Tricomtek Co.,LTD (China) and Royal Display (India) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Amongo Display Technology (Shenzhen) Co. Ltd. (China), NEC Display Solutions (United States) and Pepperl Inc (Germany).
The market of industrial displays is expected to grow with rising demand from end use industries. Several companies are operating in the market to provide industrial displays of high resolution with unique display features. The market is highly fragmented with the presence of number of market players. They are gaining attention owing to raised demand. They are taking certain strategic initiatives with new entrants to expand their existing portfolio.
Segment Analysis
Analyst at AMA have segmented the market study of Global Industrial Display market by Type, Application and Region.
On the basis of geography, the market of Industrial Display has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Growing Manufacturing and other Industrial Activities Leads to the Demand for Attractive Displays
- Increasing Demand for HMI Devices Has Impacted on the Demand in Positive Manner
- Augmenting Consumer Preference towards High Resolution Displays
Market Trend
- Growing Demand for Industrial Displays Kit with UV Ultrasound in Medical Surgery
- Rising Popularity of Digital Out of Home (DOOH) tends towards Digital Signage
Restraints
- High Cost of Industrial Displays May Limits its demand for Small Industrial Setup and Enterprises
Opportunities
- Growing Technological Advancements and IoT Adoption in Industrial Displays Manufacturing has Created Growth Opportunities
- Unique Features to Face Uneven Weather Conditions like Low Pressure Water Jets and Dust
Challenges
- Huge Capital Requirement for Manufacturing Setup
In December 2002, FLEx Lighting (FLEx), has provided USD 9 million funding with its strategic Anzu Partners. FLEx Lighting is one of the leading industrial manufacturer has invested this funding for growth and the commercialization of its new, tablet-sized reflective displays. Company has developed LCD 2.0 display technology. It is a new generation of high performance displays. It is able to provide high resolution for medical, industrial, and educational markets.
Key Target Audience
Industrial Display Manufacturers, Industrial Display Suppliers/Distributor, Raw Material Suppliers, New Entrants/Investors, Research Laboratory, Strategic Business Planners, Governments and End Use Industry