Terminal Management System Market Estimates & Forecast, By Application, segments 2020−2027

 

The Industrial Display System Market is anticipated to surge at 6.8% CAGR, reaching USD 6.71 Bn during the forecast period (2017-2023), predicts Market Research Future (MRFR) in its extensive report. The report analyses that the industrial display system market is on an upward growth trajectory due to its flexible and comprehensive solutions of display devices such as light-emitting diode ( LED ), liquid crystal display (LCD), organic light-emitting diode (OLED), l laser phosphor display (LPD), and many others.

Get Free Sample Report : https://www.marketresearchfuture.com/sample_request/3160

Industrial displays comprise an array of devices including computer monitors, televisions, instrument panels, aircraft cockpit displays, and others. These devices have various advanced features such as dust and moisture resistance, readability, improved impact resistance, durability, wide temperature range, improved contrast ratio, higher display brightness, and low-power consumption, making it appealing to large numbers of consumers globally. Technological developments of high definition display devices, high growth of LED-backlit LCD-based display solutions, progressing demand for human–machine interface (HMI) devices, and growing adoption of Internet of Things (IoT) drive the growth of the industrial display market.

However, high costs associated with acquisition and implementation of industrial displays undermine the growth of industrial display market. On the other hand, increasing consumer demand for high-specification display solutions is likely to pave the way for the industrial display market to flourish worldwide.

Market Segmentation

The industrial display system market has been segmented on the basis of display type, technology, application, and end-user.

By display type, the industrial display system market is segmented into flat panel, flexible, and transparent. The high demand for higher resolution and larger displays for mobile phones boosts the popularity of flat panel display systems. Also, high growth in consumer electronics consumption, augmenting technological advancements in high-quality displays, and decrease in display prices make the flat panel segment highly favorable globally.

By technology, the market is segmented into LED-backlit LCD, OLED, quantum dot LED, laser phosphor display (LPD), and interferometry modulator display (IMOD).

On the basis of application, the market is segmented into smartphone & tablet, TV & digital signage, E-readers, gaming consoles, vehicle and public transport, and others. The smartphone and tablet segment has been experiencing immense growth due to increasing use of water-resistance technology, and increasing consumer demands for human-centric functions along with gesture recognition. Industrial display system end-users are consumer electronics, automotive, aerospace, government and defense, retail, and healthcare.

Access Report @ https://www.marketresearchfuture.com/reports/industrial-display-system-market-3160

Regional Analysis

The industrial display system market is geographically segmented into Asia Pacific, North America, Europe, and Rest-of-the-World (RoW).

Among all regions, North America has been leading the industrial display system market due to technological advancements pertaining to clarity and resolution for the display screen. Moreover, rugged displays used for HMI applications and remote monitoring in the manufacturing sector also boosts the industrial display market growth in this region.

The Europe region is exhibiting a positive growth in the industrial display system market. Emergence of manufacturers of industrial display systems, product launches, and research and development activities by existing companies in Europe can create lucrative opportunities for the market in this region.

In the Asia Pacific region, countries like China, Japan, and South Korea have a fair share of this market. High demand for industrial display systems in manufacturing sectors drives the market growth in APAC region. Also, a considerable number of illustrious companies dealing with industrial displays based in APAC give way to the profitable market opportunities in this region.

Competitive Dashboard

The key players in the industrial display system market are LG Display Co., Ltd. (South Korea), Samsung Electronics Co., Ltd. (South Korea), TCL Display Technology Holdings Limited (Hong Kong), Universal Display Corp. (U.S.), and E Ink Holdings Inc. (Taiwan), and others.

Industry News

TCL Corporation plans to build a new production line for 8K and organic light-emitting diode (OLED) screens, at a cost of USD 6.71 Bn. The new production line, to be built in Shenzhen city, will have the capacity to manufacture 90,000 screens of the latest generation ultra-high definition variety every month. It will produce and sell 65-inch, 70-inch and 75-inch 8K resolution screens, and 65-inch and 75-inch OLED television screens. With this move, the company aims to follow the trend of semiconductor display technology, and establish itself in the market for industrial display systems.

 

About Market Research Future:

Market Research Future (MRFR) is a reliable firm that undertakes an extensive analysis of markets in various domains. Our teams of research analysts gather relevant data through painstaking primary and secondary research that aims to give clients a complete outlook on markets of their interest. The data is compared against third-party agencies and reputed organizations for estimating valuations and revenue projections.

MRFR’s goal in providing a comprehensive coverage of the market replete with latest trends, niches, developments, and insights can be lucrative for business needs. We aim to push our clients to the forefront by guiding them with astute information for making informed decisions. Our market intelligence can track down key issues in industries and be modified as per the fluctuations in economic scenarios. The reports are customized and offered as per a specific region or country and adhere to latest policies.

Comments

Post a Comment

Popular posts from this blog

Smart Thermostat Market Estimates & Forecast, By Application, segments 2020−2027

  Global Smart Thermostat Market Research Report - Forecast to 2022 Nest Labs, Inc.(U.S.), Emerson Electric (U.S.), Schneider Electric (France), Honeywell International Inc.(U.S.), Carrier Corporation (U.S.), Tado (Germany), Ingersoll Rand (Ireland), Nortek, Inc. (France), Ecobee (Canada), Control4 Corporation (U.S.) and among others are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Smart Thermostat Market. Smart Thermostat Global Market- Overview A thermostat is one of the emerging smart home device which is convenient in use and control the heat of smart devices such as smartphone, smart watch or smart home appliances. Smart thermostat also monitor and records internal/external temperatures, and HVAC system time. After deployed widely, smart thermostat has potential to better manage and curb energy consumption across the broader system. There are numerous of smart thermostat available in the market. Nest thermo...
Read more

5K Display Resolution Industry Share by Technology, Application, Equipment, Geography, Analysis, Research and Forecast to 2023

  Market Synopsis   The 5k Display Resolution Market is estimated to exhibit a major growth during the forecast period. The perpetual advancements and increasing technological developments are the most important causes leading to the expansion of the 5K display resolution market 2020. The most crucial factors resulting in the growth of the 5K display resolution market are the increasing demand in the consumer electronics market segment. 5K video cameras are primarily used for digital cinematography. 5K resolution offers a clear picture which does not fall low of quality while editing. As of now, there is a rise in the demand of the 4K market, the demand for 5K display resolution is projected to grow in the forthcoming period. Get Free Sample Report : https://www.marketresearchfuture.com/sample_request/3760   Across the European market, nations including the U.K, France, and Germany are projected to aid in the expansion of the 5k display resolution market. Europ...
Read more

Waterproof Bluetooth Speakers Market Estimates & Forecast, By Application, segments 2020−2027

  Industry Insight   The global Waterproof Bluetooth Speakers Market analysis 2020 offers a steady compound annual growth rate (CAGR) from 2017 to 2023 of 23%, which is the forecast period. Market Research Future estimates the figures and reveals that the market will witness high growth prospects in the coming years with a valuation of USD 1.6 billion during the same period of years. Get Free Sample Report: https://www.marketresearchfuture.com/sample_request/3508   Top Impacting Factors   The capability of Bluetooth speakers to stream audio content wirelessly is one of the key factors driving the global demand for such speakers in the current time. With this, Bluetooth speakers are wireless and need minimal space, as compared to home theatres, which is also a reason why consumers are tending towards buying Bluetooth speakers. As Bluetooth speakers run on batteries, these are ideal for outdoor purposes. Other advantages of these speakers include increas...
Read more