Industrial Display Market Hits $7.26 Billion By 2025: Grand View Research, Inc.

Posted on 2018-09-06 by researchinsights in Energy, Industrial, Technology // 0 Comments

San Francisco, United States, 2018-Sep-06 — /EPR Network/ —The global industrial display market is expected to reach USD 7.26 billion by 2025, according to a new report by Grand View Research, Inc. Due to the growing complexity of industrial operations and processes, the use of industrial displays has become crucial to simplify operational tasks and provide technologically advanced features.

Human Machine Interfaces (HMIs) and other displays possess the ability to respond to the changing production demands and closely monitor the production processes, thereby decreasing the downtime and increasing workforce efficiency. A well-designed HMI enables line of sight into the system, which allows the operator to control or maintain the machine and enhance productivity.

OLED displays are expected to gain prominence on account of their enhanced picture quality and low power consumption. The technology is widely used in digital signage and display boards to indicate the operational status at factory floors.

Solution providers have begun offering IIoT application platforms integrated with industrial display devices and services. For instance, American Industrial Systems, Inc. (AIS) offers open platform computing solutions for IIoT and facilitates its application in industrial companies, factories, transportation & logistics, buildings, and smart cities.

Companies are investing heavily in R&D activities for designing technologically enhanced displays and offering distinguished products compared to their competitors. Mergers & Acquisitions (M&A), strategic agreements, and multiple partnership agreements are other growth strategies adopted by players to increase their product offering and expand their distribution platform.

To request a sample copy or view summary of this report:
www.grandviewresearch.com/industry-analysis/industrial-display-market

Further Key Findings from the Study Suggest:

The HMI application segment is expected to account for the largest revenue share in the overall market by 2025, registering a CAGR of around 6% over the forecast period
The demand for industrial displays is expected to grow substantially in the chemical, oil, and gas segment and the energy & power segment over the forecast period
By 2025, the energy & power end-use segment is projected to account for around 25% of the total market revenue share.
In 2016, the panel-mount displays and video walls together accounted for more than 60% of the total revenue share in the European region
The LCD technology is widely used across all devices; however, the OLED technology is anticipated to witness a high growth over the forecast period
Key players in the industry include LG Display Co., Ltd., Samsung Display, Pepperl+Fuchs GmbH, Advantech Co., Ltd., Planar Systems, Inc., WinMate, Inc., NEC Display Solutions, Ltd., Maple Systems, INC., Japan Display, Inc., Innolux Corporation, and Siemens AG

Related Report of Display Technologies:

Grand View Research has segmented the global industrial display market on the basis of type, application, technology, panel size, end-use, and region.

Industrial Display Type Outlook (Revenue, USD Million; 2014 – 2025)

Rugged Displays
Open Frame Monitors
Panel-Mount Monitors
Video Walls
Marine Displays

Industrial Display Application Outlook (Revenue, USD Million; 2014 – 2025)

HMI
Remote Monitoring
Interactive Display
Digital Signage

Industrial Display Technology Outlook (Revenue, USD Million; 2014 – 2025)

LCD
LED
OLED
E-Paper Display

Industrial Display Panel Size Outlook (Revenue, USD Million; 2014 – 2025)

Up to 14”
14-21”
21-40”
40” and Above

Industrial Display End-Use Outlook (Revenue, USD Million; 2014 – 2025)

Manufacturing
Mining & Metals
Chemical, Oil, and Gas
Energy & Power
Others

Industrial Display Regional Outlook (Revenue, USD Million; 2014 – 2025)

North America
- U.S.
- Canada
Europe
- Germany
- UK
Asia Pacific
- China
- India
- Japan
Latin America
- Brazil
- Mexico
Middle East & Africa

Access Press Release Of This Research Report by Grand View Research: www.grandviewresearch.com/press-release/global-industrial-display-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

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