Industrial Display Market expected to reach 5.87 Billion USD by 2022
According to the new market research report “Industrial Display Market by Type (Rugged Displays, Open Frame, Panel-Mount, Marine, Video Walls), Technology, Panel Size, Application (HMI, Remote Monitoring, Interactive Display, Digital Signage), Vertical and Geography – Global Forecast to 2022″, the market is expected to grow from USD 4.09 Billion in 2016 to reach USD 5.87 Billion by 2022, at a CAGR of 6.18% between 2017 and 2022. The growth of industrial display market is mainly driven by technological shift and development of high specification display devices, rising demand for HMI devices, high growth of LED-backlit LCD-based display solutions, and growing adoption of IoT.
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Browse 118 market data Tables and 39 Figures spread through 172 Pages and in-depth TOC on “Collaborative Robot Market”
Major Players in the global collaborative robot market include Universal Robots A/S (Denmark), Rethink Robotics (US), ABB (Switzerland), KUKA AG (Germany), FANUC Corporation (Japan), Robert Bosch GmbH (Germany), MRK-Systeme GmbH (Germany), Precise Automation, Inc. (US), Energid Technologies Corporation (US), F&P Robotics AG (Switzerland), MABI AG (Switzerland), Techman Robot by Quanta Storage, Inc. (Taiwan), Franka Emika GmbH (Germany), AUBO Robotics Inc. (US), YASKAWA Electric Corporation (Japan), Comau S.p.A. (Italy), and KAWADA Robotics Corp. (Japan).
Industrial display applications in energy & power and transportation drive the growth of industrial display market
Energy & Power
Rapid industrialization, infrastructural development, and integration of advanced technologies by various industries, the demand for energy & power are increasing worldwide. High demand for energy can be achieved by more stabilized electricity production that requires higher plant performance and flexibility. This enables the plant operator to monitor and control the plant more efficiently. Various industrial displays such as HMIs, industrial PCs, and video walls are widely used for power generation in power plants such as thermal, hydro, nuclear, and solar. Industrial displays such as HMIs and industrial PCs connect many energy systems and are used for data acquisition, energy measurement, and instigating procedures to enhance the production of energy.
Industrial displays assist customers to make reservations, find out the prices of tickets, get schedules of arrival and departure, and receive updates on current service status of reservation in the transportation sector. Also, they enable wayfinding for travelers and advertise brands, permitting the provider to quickly and efficiently communicate to the customer the requirements for traveling. In the transportation sector, signage systems are usually integrated with many different technologies that can retain information about schedules and reservations on a real-time basis. Industrial products for the transportation sector are industrial digital signage, public information industrial displays, and industrial kiosks, among others. These industrial displays are used in transportation vertical such as in train, buses, roads, and airports. It also used for system control, entertainment, cockpit for navigation, advertising, and others.
Critical questions the report answers:
- Who are the major current and potential competitors in industrial display market and what are their strategies, and developments?
- What opportunities open frame monitors offers in the industrial display market?
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