Industrial monitors are display devices designed and manufactured 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 are better able to meet the special needs of industrial applications. Industrial displays are widely used in industrial control, automated production, logistics and transportation, and energy management. They provide reliable image display and data processing functions for industrial environments, helping to improve industrial production efficiency and management. With the advancement of industrial automation and digitalization, the application prospect of industrial displays will be even broader.
Market Trends of Industrial Displays
According to statistics and forecasts by Apollo (APO), the global industrial displays market sales reach $818 million by 2022 and $1,013 million by 2029, growing at a CAGR of 2.77% during the forecast period.
Digital signage, touchscreen panels, and outdoor displays are just a few of the industrial displays that come in a variety of screen sizes for a wide range of industries. These displays are capable of working with embedded systems and circuit boards to fulfill various industrial applications. Currently, market players are focusing their attention mainly on cutting-edge and new industrial display products with improved productivity, increased contrast ratio, high resolution, etc., which offer improved features such as as range, ruggedness, higher display brightness, environmental stability, and lower power consumption.
The energy and power sector is expected to have the highest CAGR, Industrial displays in the energy and power sector display real-time statistics about energy use and production, such as power output, temperature and pressure, and 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, communication and safety. It can display safety guidelines, emergency procedures and other important information to help ensure the safety of workers in potentially dangerous energy and power situations.
In addition, increased automation, increased demand for workplace safety and productivity, and increased spending on technology are all factors favoring the use of industrial displays. Particularly in the automotive and transportation sector, the increasing introduction of automation and driver assistance systems is expected to increase the demand for rugged and reliable displays
Global and Chinese Industrial Displays Market: Growth Trends, Competitive Landscape and Outlook, 2023-2029
APO Research's report on the global and Chinese industrial displays market examines past as well as current growth trends and opportunities to gain valuable insights into the market metrics during the forecast period from 2023 to 2029. The report provides capacity, production, sales, sales, price and future trends of Industrial Displays in the global and Chinese markets for the period 2018-2029. 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 market for the period 2023 to 2029.
The report has been prepared after extensive research. Primary research involves most of the research work, the report provides an in-depth study of the competitive landscape of the global and Chinese industrial displays market, wherein the analysts conducted interviews with key opinion leaders, industry leaders, and opinion makers to identify the major players operating in the global and Chinese industrial displays market, wherein each of the players was analyzed in terms of various attributes, company profiles, financials, recent developments and SWOT are the attributes of the global industrial display market players described in this report. The secondary research includes references to product literature, annual reports, press releases, and related documents of the key players to understand the Industrial Displays market.