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Forecasts indicate that the global market for industrial IoT displays would grow to $3.09 billion by 2030, at a CAGR of 13.3 percent between 2023 and 2030.
The term "industrial IoT display" is used to describe the combination of IoT and display devices often seen in manufacturing and processing facilities. Important data from networked machines, sensors, and other gadgets can be tracked, managed, and displayed in real time. Displays for the Industrial Internet of Things provide cutting-edge features like remote monitoring, predictive maintenance, and data analytics to boost productivity and inform better decisions. In order to better understand the performance, status, and trends of industrial processes, these displays give in-depth visual representations of data via user-friendly dashboards and graphical interfaces. Industrial IoT displays play a crucial role in maximising productivity, reducing downtime, and facilitating smart and connected industrial ecosystems because to their high levels of connection, scalability, and interoperability.
Reasons Why
Several reasons are propelling the growth of the industrial IoT display market. Demand for Internet of Things (IoT) displays to monitor and visualise the linked devices and data is growing as IIoT solutions are adopted by more and more sectors. The need for advanced display systems is being pushed by the increasing importance of real-time monitoring, predictive maintenance, and data-driven decision making in industrial processes. Increases in operational efficiency, productivity, and safety in industrial settings are also driving the market. Demand for Internet of Things displays is increasing as a result of the development of new technologies such as cloud computing, edge computing, big data analytics, and the incorporation of artificial intelligence and machine learning. Touchscreens, augmented and virtual reality (AR/VR), and other developments in display technology all contribute to the growth of the market by providing novel opportunities for interactive and immersive visualisation.
Factors That Hold It Back
Some factors are limiting the expansion of the market for industrial IoT displays. As sensitive information is transferred and stored, concerns about data security and privacy prevent the widespread deployment of IoT displays in industrial settings. There are barriers to adoption due to the complexity and interoperability issues that arise when attempting to integrate IoT display devices with the current infrastructure. The high entry and ongoing expenses of IoT display solutions can operate as a barrier, especially for smaller and medium-sized businesses. In addition, the successful use of IoT displays is hampered by the scarcity of experienced personnel with knowledge in IoT technology and data analytics. Finally, the market for industrial IoT displays must contend with complications arising from regulations and compliance concerns over data sharing and cross-border data transfer.
The global industrial IoT display market is broken down into TFT-LCD, LED, OLED, and E-paper display submarkets, with each submarket representing a different technology. In recent years, the thin film transistor liquid crystal display (TFT-LCD) market has grown to become the dominant player in the display industry. This preeminence is due to a combination of causes. TFT-LCD displays are versatile due to their many benefits, which include high resolution, accurate colours, and quick response times. Significant developments in TFT-LCD technology have enhanced display quality while reducing power consumption. TFT-LCD displays have seen tremendous growth in market share thanks to their incorporation into a wide variety of consumer electronics. TFT-LCD panels are readily available and inexpensive because of the abundance of factories dedicated to their production. This is especially true in the Asia-Pacific region. Finally, TFT-LCD displays' widespread adoption can be attributed to its low price and wide applicability across a number of different markets.
The global market for industrial IoT displays may be broken down into several submarkets based on the various end-use industries served. The display market now has a clear leader, and that leader is the transportation sector. There are a number of reasons for this preponderance. Infotainment, navigation, safety systems, and passenger information are just a few examples of the many uses for displays in the transportation business, which spans land, air, and sea. The rising importance of passenger comfort, security, and connectivity has increased the need for cutting-edge display technologies in the transportation sector. In addition, the integration of screens for user interfaces and control systems is becoming increasingly common in electric and driverless vehicles. The market share of the transportation sector is boosted by the widespread use of digital signage and information displays in transportation hubs such as airports, train stations, and bus terminals. Overall, the transportation industry has dominated the market due to its diversified display needs and constant technical improvements.
Report Coverage
Global Industrial IoT Display research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Industrial IoT Display report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Industrial IoT Display competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Industrial IoT Display market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Industrial IoT Display market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Industrial IoT Display market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
E Ink Holdings Inc., BOE Technology Group Co., Ltd., Advantech Co., Ltd., Pepperl+Fuchs SE, Sharp Corporation, PDi Digital, Planar Systems, Inc., Winmate Inc., Maple Systems Inc., American Industrial Systems Inc., Panasonic Corporation, Innolux Corporation, Display Technology Ltd., LG Electronics, Samsung Electronics Co., Ltd.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Industrial IoT Display market based on the below-mentioned segments:
Global Industrial IoT Display Market, By Technology
TFT-LCD
LED
OLED
E-Paper display
Global Industrial IoT Display market, By Application
Human Machine Interface
Remote Monitoring
Interactive Display
Electronic Shelf Labels
Others
Global Industrial IoT Display Market, By End User
Manufacturing
Healthcare
Energy & Power
Transportation
Others
Global Industrial IoT Display market, Regional Analysis
The term "industrial IoT display" is used to describe the combination of IoT and display devices often seen in manufacturing and processing facilities. Important data from networked machines, sensors, and other gadgets can be tracked, managed, and displayed in real time. Displays for the Industrial Internet of Things provide cutting-edge features like remote monitoring, predictive maintenance, and data analytics to boost productivity and inform better decisions. In order to better understand the performance, status, and trends of industrial processes, these displays give in-depth visual representations of data via user-friendly dashboards and graphical interfaces. Industrial IoT displays play a crucial role in maximising productivity, reducing downtime, and facilitating smart and connected industrial ecosystems because to their high levels of connection, scalability, and interoperability.
Reasons Why
Several reasons are propelling the growth of the industrial IoT display market. Demand for Internet of Things (IoT) displays to monitor and visualise the linked devices and data is growing as IIoT solutions are adopted by more and more sectors. The need for advanced display systems is being pushed by the increasing importance of real-time monitoring, predictive maintenance, and data-driven decision making in industrial processes. Increases in operational efficiency, productivity, and safety in industrial settings are also driving the market. Demand for Internet of Things displays is increasing as a result of the development of new technologies such as cloud computing, edge computing, big data analytics, and the incorporation of artificial intelligence and machine learning. Touchscreens, augmented and virtual reality (AR/VR), and other developments in display technology all contribute to the growth of the market by providing novel opportunities for interactive and immersive visualisation.
Factors That Hold It Back
Some factors are limiting the expansion of the market for industrial IoT displays. As sensitive information is transferred and stored, concerns about data security and privacy prevent the widespread deployment of IoT displays in industrial settings. There are barriers to adoption due to the complexity and interoperability issues that arise when attempting to integrate IoT display devices with the current infrastructure. The high entry and ongoing expenses of IoT display solutions can operate as a barrier, especially for smaller and medium-sized businesses. In addition, the successful use of IoT displays is hampered by the scarcity of experienced personnel with knowledge in IoT technology and data analytics. Finally, the market for industrial IoT displays must contend with complications arising from regulations and compliance concerns over data sharing and cross-border data transfer.
The global industrial IoT display market is broken down into TFT-LCD, LED, OLED, and E-paper display submarkets, with each submarket representing a different technology. In recent years, the thin film transistor liquid crystal display (TFT-LCD) market has grown to become the dominant player in the display industry. This preeminence is due to a combination of causes. TFT-LCD displays are versatile due to their many benefits, which include high resolution, accurate colours, and quick response times. Significant developments in TFT-LCD technology have enhanced display quality while reducing power consumption. TFT-LCD displays have seen tremendous growth in market share thanks to their incorporation into a wide variety of consumer electronics. TFT-LCD panels are readily available and inexpensive because of the abundance of factories dedicated to their production. This is especially true in the Asia-Pacific region. Finally, TFT-LCD displays' widespread adoption can be attributed to its low price and wide applicability across a number of different markets.
The global market for industrial IoT displays may be broken down into several submarkets based on the various end-use industries served. The display market now has a clear leader, and that leader is the transportation sector. There are a number of reasons for this preponderance. Infotainment, navigation, safety systems, and passenger information are just a few examples of the many uses for displays in the transportation business, which spans land, air, and sea. The rising importance of passenger comfort, security, and connectivity has increased the need for cutting-edge display technologies in the transportation sector. In addition, the integration of screens for user interfaces and control systems is becoming increasingly common in electric and driverless vehicles. The market share of the transportation sector is boosted by the widespread use of digital signage and information displays in transportation hubs such as airports, train stations, and bus terminals. Overall, the transportation industry has dominated the market due to its diversified display needs and constant technical improvements.
Report Coverage
Global Industrial IoT Display research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Industrial IoT Display report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Industrial IoT Display competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Industrial IoT Display market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | E Ink Holdings Inc., BOE Technology Group Co., Ltd., Advantech Co., Ltd., Pepperl+Fuchs SE, Sharp Corporation, PDi Digital, Planar Systems, Inc., Winmate Inc., Maple Systems Inc., American Industrial Systems Inc., Panasonic Corporation, Innolux Corporation, Display Technology Ltd., LG Electronics, Samsung Electronics Co., Ltd. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Industrial IoT Display Market from 2021 to 2030.
- Market Forecast for Industrial IoT Display Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Industrial IoT Display competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Industrial IoT Display
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Industrial IoT Display market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Industrial IoT Display market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
E Ink Holdings Inc., BOE Technology Group Co., Ltd., Advantech Co., Ltd., Pepperl+Fuchs SE, Sharp Corporation, PDi Digital, Planar Systems, Inc., Winmate Inc., Maple Systems Inc., American Industrial Systems Inc., Panasonic Corporation, Innolux Corporation, Display Technology Ltd., LG Electronics, Samsung Electronics Co., Ltd.
Primary Target Market
- Market Players of Industrial IoT Display
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Industrial IoT Display market based on the below-mentioned segments:
Global Industrial IoT Display Market, By Technology
TFT-LCD
LED
OLED
E-Paper display
Global Industrial IoT Display market, By Application
Human Machine Interface
Remote Monitoring
Interactive Display
Electronic Shelf Labels
Others
Global Industrial IoT Display Market, By End User
Manufacturing
Healthcare
Energy & Power
Transportation
Others
Global Industrial IoT Display market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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