Industrial Display Market Size, Share, Trends, Growth and Forecast 2032

Industrial Display Market

Industrial Display Market by Type (Rugged Displays, Open Frame Monitors, Panel-Mount Monitors, Marine Displays, and Video Walls), by Technology (LCD, LED, OLED,E-Paper Display), by size (Up to 14", 14-21", 21 -40", 40" and above), by End-User ( Manufacturing, Mining, Energy and Power, Oil and Gas, and Chemical), and by Region: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024 - 2032

Category: Semiconductor & Electronics Report Format : PDF Pages: 172 Report Code: ZMR-5320 Published Date: Oct-2024 Status : Published
Market Size in 2023 Market Forecast in 2032 CAGR (in %) Base Year
USD 5.93 Billion USD 10.86 Billion 6.2% 2023

Global Industrial Display Market: Insights

According to a report from Zion Market Research, the global Industrial Display Market was valued at USD 5.93 Billion in 2023 and is projected to hit USD 10.86 Billion by 2032, with a compound annual growth rate (CAGR) of 6.2% during the forecast period 2024-2032. This report explores market strengths, weakness, opportunities, and threats. It also provides valuable insights into the market's growth drivers, challenges, and the future prospects that may emerge in the Industrial Display industry over the next decade.

Global Industrial Display Market SizeRequest Free Sample

This report analyzes and estimates the Industrial display market at global, regional, and country level. Assessment of the global industrial display analysis provides detailed insights of the market growth and restraining factors along with their impact analysis at global level from 2024 to 2032.

Global Industrial Display Market: Overview

The report includes in-depth analysis of the strategies adopted by utmost competitors in the global industrial display market. The research study contains market attractiveness analysis, wherein segment type, technology, size, end-users, and regional segments are benchmarked on the basis of their market size and growth rate.

The global industrial display market is experiencing robust growth, driven by the increasing adoption of automation, smart manufacturing, and Industry 4.0 initiatives. Accounting for over 38% of the global share, fueled by rapid industrialization in countries like China, Japan, and India. Key applications include Human-Machine Interfaces (HMI), remote monitoring, and digital signage, with LCD technology leading the market due to its high brightness and energy efficiency. Major players such as Samsung Display, LG Display, and Advantech are investing in advanced technologies like OLED and augmented reality to meet the evolving demands of industries. The market's expansion is further supported by the growing need for real-time data visualization and durable display solutions in harsh industrial environments.

Key Insights

  • As per the analysis shared by our research analyst, the global Industrial Display Market is estimated to grow annually at a CAGR of around 6.2% over the forecast period (2024-2032).
  • In terms of revenue, the global Industrial Display Market size was valued at around USD 5.93 Billion in 2023 and is projected to reach USD 10.86 Billion by 2032.
  • Based on the product type, Panel-mount monitors are the most dominant product type in the industrial display market. These monitors are designed to be mounted directly onto equipment enclosures or control panels, providing a secure and space-saving solution for industrial environments. Their widespread adoption is attributed to their durability, ease of integration, and suitability for various applications, including manufacturing and process control. In 2023, panel-mount monitors held the largest revenue share in the market.
  • Based on the technology, Liquid Crystal Display (LCD) technology dominates the industrial display market. LCDs are favored for their cost-effectiveness, energy efficiency, wide viewing angles, and compatibility with diverse industrial applications. They are commonly used in control panels, human-machine interfaces (HMIs), and information displays. In 2022, the LCD segment accounted for the largest market share, reflecting its continued preference in industrial settings.
  • Based on the end users, The manufacturing sector is the leading end-user of industrial displays. Industrial displays are integral in manufacturing operations for monitoring equipment status, displaying real-time data, and facilitating communication on the factory floor. Their role in enhancing operational efficiency and safety has led to their extensive use in manufacturing, making it the dominant sector in the industrial display market. In 2021, manufacturing accounted for the largest revenue share among end-user industries.
  • Based on the region, Asia Pacific holds the largest market share in the industrial display market. The region's dominance is driven by rapid industrialization, the presence of major manufacturing hubs, and the adoption of advanced technologies in countries like China, Japan, and India. The increasing demand for automation and digitalization across various industries contributes to the region's leading position. In 2023, Asia Pacific accounted for approximately 40% of the global industrial display market.

Global Industrial Display Market: Report Scope

Report Attributes Report Details
Report Name Industrial Display Market
Market Size in 2023 USD 5.93 Billion
Market Forecast in 2032 USD 10.86 Billion
Growth Rate CAGR of 6.2%
Number of Pages 172
Key Companies Covered Samsung, LG, Panasonic, Advantech, NEC, Rockwell, Schneider, General Electric, Siemens and Winmate among others
Segments Covered By Product Type, By Technology, By End Users And By Region.
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2023
Historical Year 2018 to 2022
Forecast Year 2024 - 2032
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Global Industrial Display Market: Segmentation

Industrial Display Market Request Free Sample

The research study provides a decisive view on the global industrial display market based on type, technology, size, end user and region. All the segments of global industrial display market have been analyzed based on the past, present, and future trends. The market is estimated from 2024-2032.

By type segment analysis includes rugged displays, open, frame monitors, panel-mount monitors, marine displays, video walls.

By technology segment analysis includes LCD, LED, OLED, E-paper display.

By size segment analysis includes Up to 14", 14–21", 21 –40", 40" and above.

By end user segment analysis includes manufacturing, mining, energy and power, oil and gas, chemical.

The regional segmentation includes the past, present, and forecasted demand for Middle East & Africa, North America, Asia Pacific, Latin America and Europe. The regional segment is further divided into the U.S., UK, France, Germany, China, Japan, India, and Brazil among others.

Global Industrial Display Market: Regional Analysis

Global Industrial Display Market Regional AnalysisRequest Free Sample

The industrial display market exhibits distinct regional dynamics, with Asia-Pacific leading in market share and North America demonstrating rapid growth. Asia-Pacific accounted for approximately 38.7% of the global market in 2023, driven by rapid industrialization, digital transformation, and the adoption of smart manufacturing initiatives in countries like China, India, Japan, and South Korea. China stands out as the largest contributor, owing to its robust manufacturing sector and increasing demand for automation and digitalization across various industries, including automotive and healthcare. India is also poised for significant growth, with expectations of registering the highest CAGR in the region from 2024 to 2032. 

Global Industrial Display Market: Competitive Players

Detailed analysis of the major players in the industrial display market includes their financial overview, business strategies, new developments, and the product offered by them in the market. This will help in analyzing the market competition.

Key competitors included in this report are-

  • Samsung
  • LG
  • Panasonic
  • Advantech
  • NEC
  • Rockwell
  • Schneider
  • General Electric
  • Siemens and Winmate among others.

The report segments the global industrial display market as follows

Global Industrial Display Market: Type Segment Analysis

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

Global Industrial Display market: Technology Segment Analysis

Global Industrial Display Market: Size Segment Analysis

  • Up to 14"
  • 14–21"
  • 21 –40"
  • 40" and above

Global Industrial Display Market: End User Segment Analysis

  • Manufacturing
  • Mining
  • Energy and Power
  • Oil and Gas
  • Chemical

Global Industrial Display Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

Methodology

FrequentlyAsked Questions

global Industrial Display Market was valued at USD 5.93 Billion in 2023 and is projected to hit USD 10.86 Billion by 2032,

with a compound annual growth rate (CAGR) of 6.2% during the forecast period 2024-2032.

Samsung, LG, Panasonic, Advantech, NEC, Rockwell, Schneider, General Electric, Siemens and Winmate among others

The Regional segment includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

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