Driven by Industry 4.0, the industrial display market is booming

Definition of industrial display

An industrial monitor is a display device designed and produced specifically for industrial environments. They are highly durable, reliable and adaptable for continuous operation in harsh industrial environments. Compared with ordinary consumer-grade displays, industrial displays can better meet the special needs of industrial applications. Industrial displays are widely used in industrial control, automated production, logistics and transportation, energy management and other fields. They provide reliable image display and data processing functions for industrial environments, helping to improve industrial production efficiency and management levels. With the advancement of industrial automation and digitization, the application prospects of industrial displays will become broader.

Market Trends of Industrial Displays

According to statistics and forecasts from APO, global industrial display market sales will reach US$818 million in 2022 and US$1.013 billion in 2029, growing at a compound annual growth rate of 2.77% during the forecast period.

Digital signage, touchscreen panels and outdoor displays are just a few of the industrial displays available in a variety of screen sizes for a variety of industries. These displays can be used with embedded systems and circuit boards to meet a variety of industrial applications. Currently, market players are mainly focusing on cutting-edge and new industrial display products with their production capabilities, enhanced contrast, high resolution, etc., which offer improved features such as range, ruggedness, higher display brightness, Environmental stability and lower power consumption.

The energy and power sector is expected to register the highest CAGR. Industrial displays in the energy and power sector that display real-time statistics on energy usage and production such as power output, temperature, and pressure are expected to grow in the energy and power sector. They are also used to control and monitor automated machinery such as power generation, distribution and turbine systems. In the energy and power sector, industrial displays are used for process control, monitoring, communications and security. It can display safety guidelines, emergency procedures and other important information to help keep workers safe during potentially hazardous energy and power situations.

Additionally, increased automation, increasing demands for workplace safety and productivity, and increasing spending on technology are all factors favoring the use of industrial displays. Particularly in the automotive and transportation sectors, the introduction of increasing automation and driver assistance systems is expected to increase the demand for rugged and reliable displays.

"Global and China Industrial Display Market 2023-2029: Growth Trends, Competition Landscape and Prospects"

APO Research's report on Global & China Industrial Display Market examines past as well as current growth trends and opportunities to gain valuable insights into market indicators during the forecast period 2023 to 2029. The report provides the production capacity, output, sales volume, sales, price and future trends of industrial displays in the global and Chinese markets from 2018 to 2029. Considering 2023 as the base year and 2029 as the forecast year, the report also provides the compound annual growth rate (CAGR XX%) of the global and Chinese industrial display markets from 2023 to 2029.

The report was prepared after extensive research. The first-level research involves most of the research work. The report provides an in-depth study of the competitive landscape of the global and Chinese industrial display market. The analysts conducted interviews with key opinion leaders, industry leaders and opinion makers to determine the competitive landscape of the global and Chinese industrial display market. The major players operating in the market, each of which is analyzed in terms of various attributes, company profile, financial status, recent developments, and SWOT are the attribute descriptions of the global industrial display market players in this report. Secondary research includes reference to product literature, annual reports, press releases, and related documents of key players to understand the industrial displays market.