Industrial Display Market Analysis North America, APAC, Europe, South America, Middle East and Africa - US, China, Japan, Germany, South Korea - Size and Forecast 2024-2028

Industrial Display Market Size 2024-2028

The industrial display market size is forecast to increase by USD 3.19 billion, at a CAGR of 10.03% between 2023 and 2028.

• The market is witnessing significant growth, driven by the increasing trend of Bring Your Own Device (BYOD) policies in various industries. This shift towards personal devices in industrial settings is leading to an escalating demand for advanced and versatile displays. Another key trend shaping the market is the adoption of foldable and flexible displays, which offer enhanced functionality and portability. However, the market also faces challenges, primarily related to the complexities of resistive touchscreens. These displays, while widely used in industrial applications due to their durability and resistance to damage, can be less responsive and less accurate compared to other touchscreen technologies.
• Companies seeking to capitalize on market opportunities must focus on addressing these challenges through technological innovations and partnerships. Meanwhile, those navigating the market's complexities must remain agile and adaptable to stay competitive. By keeping abreast of these trends and challenges, businesses can effectively plan their strategies and operations in the evolving industrial display landscape.

What will be the Size of the Industrial Display Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2018-2022 and forecasts 2024-2028 - in the full report.
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The market continues to evolve, driven by advancements in technology and the expanding application landscape. Interactive displays, once a novelty, are now a standard in various sectors, including medical imaging and training simulators. Viewing angle and color accuracy are crucial factors in these applications, while brightness uniformity and response time are key considerations for control room displays and real-time monitoring systems. DVR systems and data visualization tools have revolutionized process control and machine vision applications, enabling remote management and access through ethernet connectivity and wireless technologies. Industrial automation and energy efficiency are at the forefront of the market, with quantum dot technology and LED backlighting leading the charge.

SCADA systems and display management software are essential for optimizing industrial processes and ensuring efficient operations. The integration of 4k resolution, security systems, and cloud-based solutions has further expanded the capabilities of industrial displays, making them an integral part of industrial automation and process control. The market for commercial displays, including classroom displays and retail displays, is growing rapidly, driven by the need for high pixel density, ultra-high definition (UHD), and large format displays. Sunlight readable displays and outdoor displays are also gaining popularity in the public information displays segment. Maintenance services and installation services are crucial for ensuring the longevity and optimal performance of industrial displays.

Content management systems and display standards continue to evolve, enabling seamless integration of various display technologies and applications. The market is expected to remain dynamic, with ongoing advancements in technology and evolving patterns in various sectors.

How is this Industrial Display Industry segmented?

The industrial display industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

• Type
  • Panel mount monitors
  • Open frame displays
  • Rugged display
  • Marine displays
  • Others
• Geography
  • North America
    • US
  • Europe
    • Germany
  • APAC
    • China
    • Japan
    • South Korea
  • Rest of World (ROW)

.

By Type Insights

The panel mount monitors segment is estimated to witness significant growth during the forecast period.

The market encompasses various technologies and applications, including interactive displays, medical imaging, and commercial displays. Interactive displays, with their touchscreen capabilities and real-time monitoring features, are increasingly being adopted for industrial automation and control room applications. In the medical sector, high brightness and color accuracy displays are essential for medical imaging and surgical procedures. Direct-lit backlight technology ensures brightness uniformity and improves the overall visual experience. Meanwhile, edge-lit backlighting is gaining popularity in large format displays due to its energy efficiency and thin design. The use of quantum dot technology in displays offers enhanced color accuracy and a wider color gamut.

Cloud-based solutions and remote management software enable real-time data visualization and analysis, which is crucial for industries such as manufacturing, transportation, and energy. Security systems and data management software are also integral components of industrial displays, ensuring the protection and efficient handling of sensitive information. The market for healthcare displays is growing rapidly, with a focus on sunlight readable displays and patient monitoring systems. In the retail sector, ultra-high definition (UHD) and 4K resolution displays are becoming standard for digital signage and video walls. Training simulators and machine vision applications require high-performance displays with fast response times and high pixel density.

The display size, aspect ratio, and VESA mounting standards are essential considerations for various applications, including classroom displays, hospitality displays, and outdoor displays. LED backlighting is a popular choice for industrial displays due to its long display life cycle and energy efficiency. Maintenance services and installation services are also essential to ensure the optimal performance and longevity of industrial displays. In conclusion, the market is evolving rapidly, with a focus on advanced technologies, high performance, and cost-effectiveness. The market is driven by the increasing demand for real-time data visualization, energy efficiency, and high-quality displays across various industries.

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The Panel mount monitors segment was valued at USD 1.33 billion in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 40% to the growth of the global market during the forecast period.Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The market in North America experienced significant growth in 2023, with the US and Canada being the major contributors. The adoption of advanced display technologies and expanding applications across industries, particularly automotive, electronic devices, and oil and gas, fueled this growth. Positive economic conditions and government initiatives to improve infrastructure further boosted demand. In addition, developing countries like Mexico witnessed increased sales of automobiles and consumer electronics, driven by consumer spending, contributing to the market's growth. Interactive displays, medical imaging, and real-time monitoring systems gained popularity in various industries. Direct-lit backlighting, touchscreen displays, and remote management capabilities were essential features in demand.

Commercial displays, led backlighting, and 4k resolution displays were preferred for their energy efficiency and high brightness. Security systems, cloud-based solutions, and digital asset management systems were integral to ensuring data protection and streamlined operations. Healthcare displays and training simulators benefited from the need for accurate color representation and calibration. Display management software, quantum dot technology, and local dimming were essential for optimizing display performance. Machine vision applications required fast response times, while large format displays and video walls catered to the need for high pixel density and contrast ratio. The market also saw the adoption of displayport and HDMI connectivity, scada systems, and patient monitoring displays.

Energy efficiency, ethernet connectivity, and wireless connectivity were crucial for industrial automation and process control applications. Public information displays and installation services were essential for various industries, including hospitality and education. Content management systems and display standards ensured seamless integration and compatibility across various applications. The market continued to evolve, with trends such as sunlight readable displays, ultra-high definition (UHD), and outdoor displays gaining traction. Maintenance services and vesa mounting standards ensured the longevity and reliability of industrial displays.

Market Dynamics

Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

What are the key market drivers leading to the rise in the adoption of Industrial Display Industry?

• The increasing prevalence of Bring Your Own Device (BYOD) policies is the primary market driver, influencing businesses to adopt advanced technology solutions.

• The market is experiencing significant growth due to several factors. The bring-your-own-devices (BYOD) policy in organizations is driving the demand for rugged displays that can withstand harsh environments. According to recent research, nearly 70% of rugged smartphone customers are motivated by the need for durability in their workplaces. The ongoing COVID-19 pandemic has accelerated the trend of remote work, leading to an increased adoption of IoT technologies and 5G networks. Industrial professionals require displays that offer high brightness, VESA mounting standards, and connectivity options such as DisplayPort and HDMI for machine vision applications. Large format displays are essential for surveillance cameras and digital signage in industries like hospitality and education.
• Outdoor displays and weatherproof displays are crucial for outdoor advertising and construction sites. LED backlight technology offers energy efficiency and long-life span, making it a preferred choice for industrial displays. Machine vision applications require high refresh rates for real-time image processing. Surgical displays and outdoor displays need to meet specific brightness requirements for optimal visibility. Kiosk displays and hospitality displays require a user-friendly interface and high resolution for an immersive user experience. In conclusion, the market is expected to grow significantly due to the increasing adoption of IoT technologies, remote work, and the need for rugged and durable displays in various industries.
• The market offers various display sizes, connectivity options, and technologies to cater to diverse applications, including machine vision, outdoor advertising, and education.

What are the market trends shaping the Industrial Display Industry?

• The adoption of foldable and flexible displays is gaining momentum in the market, representing an emerging trend. This technological advancement offers increased portability and enhanced user experience in various devices, such as smartphones and laptops.

• The market has experienced notable growth due to the increasing demand for advanced display technologies in various industries. SCADA systems, control rooms, patient monitoring, and public information displays are among the key applications driving market expansion. Industrial-grade displays offer superior features, such as high display resolution, including 8k, and enhanced durability with LCD panels. These displays prioritize efficiency through Ethernet connectivity and energy savings. Process control and industrial automation are further benefiting from the integration of wireless connectivity. Foldable and flexible displays, with their lightweight and shatterproof properties, are gaining popularity in the automotive sector, contributing to the market's growth.
• Content management systems and display standards ensure seamless integration and compatibility across various applications. The market continues to evolve, offering innovative solutions to meet the diverse needs of industries.

What challenges does the Industrial Display Industry face during its growth?

• The resistive touchscreen technology's complications pose a significant challenge to the industry's growth, requiring continuous innovation and improvement to address these complexities and maintain market advancement.

• Touchscreen technology plays a significant role in the market, with two primary types: resistive and capacitive. Resistive touchscreens consist of multiple layers, where pressure on the outer layer causes the next layer to deform, registering input. This versatile technology supports various inputs, including fingers, fingernails, styluses, and thin objects. Its durability and toughness make resistive touchscreens popular in industries such as military and defense, oil and gas, electronics, automotive, and transportation. Key market trends include the increasing adoption of interactive displays for medical imaging, DVR systems, and data visualization. These applications require high viewing angles, brightness uniformity, color accuracy, and display calibration for optimal performance.
• Advanced display technologies like direct-lit backlight, quantum dot technology, and display management software enhance the functionality and efficiency of industrial displays. Real-time monitoring and remote management are essential features for industrial applications. Remote access enables users to control and configure displays from a distance, ensuring efficient operations and reducing maintenance costs. Response time and display life cycle are crucial factors in the selection process, as they impact overall performance and longevity. In conclusion, the market is driven by the need for advanced, durable, and versatile touchscreen technologies. Resistive touchscreens cater to this demand with their ability to support various inputs and withstand harsh industrial environments.
• Market trends emphasize the importance of interactive displays, advanced technologies, and remote management capabilities in various industries.

Exclusive Customer Landscape

The industrial display market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the industrial display market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.

Customer Landscape

Key Companies & Market Insights

Companies are implementing various strategies, such as strategic alliances, industrial display market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.

Advantech Co. Ltd. - The IDK 1000 series industrial display systems are engineered for indoor environments, delivering high-performance visual solutions.

The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:

• Advantech Co. Ltd.
• AUO Corp.
• BOE Technology Group Co. Ltd.
• BOE Varitronix Ltd
• Hannstar Display Corp.
• Japan Display Inc.
• LG Electronics Inc.
• LITEMAX
• Maple Systems Inc.
• Panasonic Holdings Corp.
• Pepperl and Fuchs SE
• Planar Systems Inc.
• Rockwell Automation Inc.
• Samsung Electronics Co. Ltd.
• Schneider Electric SE
• Sharp Corp.
• Siemens AG
• TCL Electronics Holdings Ltd.
• Winmate Inc

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Recent Development and News in Industrial Display Market

• In March 2024, Samsung Display, a leading player in the market, announced the launch of its new 120-inch QD-OLED panel, marking a significant technological advancement in large-format displays for industrial applications (Samsung Display Press Release, 2024). In July 2024, LG Display and Foxconn Technology Group entered into a strategic partnership to jointly develop and manufacture large-sized OLED panels, aiming to strengthen their market positions and cater to the growing demand for advanced displays in various industries (LG Display & Foxconn Press Release, 2024).
• In October 2024, Panasonic Corporation secured a major contract from Tesla, Inc. To supply automotive displays for Tesla's electric vehicles, representing a significant geographic expansion and a strategic win for Panasonic in the automotive display market (Reuters, 2024). In January 2025, Merck KGaA, a prominent player in the industrial chemicals sector, completed the acquisition of Versum Materials, Inc., a leading supplier of specialty materials for the semiconductor and display industries, expanding Merck's portfolio and enhancing its presence in the market (Merck KGaA Press Release, 2025).

Research Analyst Overview

• The market is experiencing significant advancements, with a focus on integrating augmented reality (AR) and virtual reality (VR) technology for immersive experiences. Environmental concerns are driving the adoption of thermal management solutions and green manufacturing practices. Interactive content, powered by machine learning (ML) and analytics dashboards, is increasingly important for audience engagement and personalized user experiences. Display controllers and software development are crucial for optimizing power management and ROI analysis. Data security and content scheduling are essential components of digital signage software.
• User interface (UI) and user experience (UX) design are paramount for effective audience interaction. Artificial intelligence (AI) and data analytics are transforming the industry, enabling real-time data processing and predictive analytics. Display recycling is gaining traction as a sustainable solution for reducing environmental impact. Remote control functionality enhances operational efficiency and flexibility.

Dive into Technavio's robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Industrial Display Market insights. See full methodology.

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What are the Key Data Covered in this Industrial Display Market Research and Growth Report?

• CAGR of the Industrial Display industry during the forecast period
• Detailed information on factors that will drive the growth and forecasting between 2024 and 2028
• Precise estimation of the size of the market and its contribution of the industry in focus to the parent market
• Accurate predictions about upcoming growth and trends and changes in consumer behaviour
• Growth of the market across North America, APAC, Europe, South America, and Middle East and Africa
• Thorough analysis of the market's competitive landscape and detailed information about companies
• Comprehensive analysis of factors that will challenge the industrial display market growth of industry companies

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