Market Overview:
The global industrial LCD display market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for advanced displays in various industrial applications. The market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into rack mounted, flush bonding, and others. Rack mounted displays are expected to dominate the global industrial LCD display market during the forecast period owing to their high reliability and durability in harsh environments.
Product Definition:
An industrial LCD display is a type of LCD display that is designed for use in industrial applications. Industrial LCD displays are typically more rugged and durable than standard consumer-grade LCD displays, and they often offer features that are not found on consumer-grade displays, such as extended temperature range operation and resistance to shock and vibration. Industrial LCD displays are commonly used in applications such as factory automation, process control, and instrumentation.
Rack Mounted:
Rack mounted LCDs are the most common type of industrial display. They are used in various applications such as manufacturing, healthcare, retail and FMCG among others. The growth factor for rack-mounted LCDs is their ability to be integrated with other equipment in a flexible way that suits the operator's needs best.
Flush Bonding:
Flush bonding is a method of securing the glass in the frame work of an LCD display. It helps to eliminate stress fractures and cracking in frames, thereby increasing product life. The process is used for all types of displays including TFT, GTFT, and HDBT among others.
Advantages: Disadvantages: Flush bonding eliminates gaps between glass.
Application Insights:
The automotive and aerospace segment accounted for the largest revenue share in 2017. The growth can be attributed to the increasing use of LCD displays in infotainment systems, instrument panels, and exterior mirrors. In addition, growing demand for advanced technology display screens by manufacturers such as BMW AG., Daimler AG., and Toyota Motors Corporation for enhancing user experience is expected to drive the segment over the forecast period.
The healthcare sector is anticipated to witness significant growth over the forecast period owing to rising demand from medical equipment manufacturers including Siemens Healthineers Ltd., Panasonic Corporation, GE Healthcare Ltd., A&D Company LLC among others. In addition, growing penetration of these displays in medical imaging applications coupled with high reliability resulting in low maintenance costs are expected fuel industry growth over next few years.
Transportation sector includes railways & road transport that uses vehicles withLCD displayscreens built into them or on their behalf (monitoring & control).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to rising product demand from various end-use industries, such as automotive, healthcare, industrial, retail and others. China is projected to remain a key regional market over the next eight years owing to low production cost coupled with availability of cheap labor in this country.
The growing manufacturing sector in India on account of initiatives taken by the government is anticipated to boost product demand from OEMs (Original Equipment Manufacturers). Furthermore, favorable government policies for establishing new facilities are estimated to fuel industry expansion further driving overall LCD display consumption across Asia Pacific during the forecast period.
Europe accounted for more than 20% share of global revenue in 2017 owing high usage rate of monitors and TVs across homes and small businesses located there. Moreover, presence of prominent players such as Continental AG; LG Electronics Inc.
Growth Factors:
- Increasing demand for industrial LCD displays from the automotive and transportation sector on account of the growing trend of vehicle electrification and automation.
- Proliferation of smart factories, which is expected to drive the demand for industrial LCD displays in the near future.
- Rising demand for ruggedized industrial LCD displays owing to their ability to withstand harsh environmental conditions.
- Growing popularity of digital signage applications across various industry verticals is anticipated to boost the growth prospects of the industrial LCD display market in coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial LCD Display Market Research Report
By Type
Rack Mounted, Flush Bonding, Others
By Application
Automotive and Aerospace, Healthcare, Transportation, Retail, BFSI, Government and Defense, Industrial, Others
By Companies
LG Display, Samsung, InnoLux, AUO, BOE, TCL, Sharp, Advantech, HannStar, LG Display
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
207
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Industrial LCD Display Market Report Segments:
The global Industrial LCD Display market is segmented on the basis of:
Types
Rack Mounted, Flush Bonding, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive and Aerospace, Healthcare, Transportation, Retail, BFSI, Government and Defense, Industrial, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- LG Display
- Samsung
- InnoLux
- AUO
- BOE
- TCL
- Sharp
- Advantech
- HannStar
- LG Display
Highlights of The Industrial LCD Display Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Rack Mounted
- Flush Bonding
- Others
- By Application:
- Automotive and Aerospace
- Healthcare
- Transportation
- Retail
- BFSI
- Government and Defense
- Industrial
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Industrial LCD Display Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Industrial LCD displays are used in a variety of applications, such as in medical equipment, industrial control systems and vehicles. They are often more durable than traditional LCD displays and can be used in harsh environments.
Some of the major companies in the industrial lcd display market are LG Display, Samsung, InnoLux, AUO, BOE, TCL, Sharp, Advantech, HannStar, LG Display.
The industrial lcd display market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Industrial LCD Display Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Industrial LCD Display Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Industrial LCD Display Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Industrial LCD Display Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Industrial LCD Display Market Size & Forecast, 2018-2028
4.5.1 Industrial LCD Display Market Size and Y-o-Y Growth
4.5.2 Industrial LCD Display Market Absolute $ Opportunity
Chapter 5 Global Industrial LCD Display Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Industrial LCD Display Market Size Forecast by Type
5.2.1 Rack Mounted
5.2.2 Flush Bonding
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Industrial LCD Display Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Industrial LCD Display Market Size Forecast by Applications
6.2.1 Automotive and Aerospace
6.2.2 Healthcare
6.2.3 Transportation
6.2.4 Retail
6.2.5 BFSI
6.2.6 Government and Defense
6.2.7 Industrial
6.2.8 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial LCD Display Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Industrial LCD Display Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Industrial LCD Display Analysis and Forecast
9.1 Introduction
9.2 North America Industrial LCD Display Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Industrial LCD Display Market Size Forecast by Type
9.6.1 Rack Mounted
9.6.2 Flush Bonding
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Industrial LCD Display Market Size Forecast by Applications
9.10.1 Automotive and Aerospace
9.10.2 Healthcare
9.10.3 Transportation
9.10.4 Retail
9.10.5 BFSI
9.10.6 Government and Defense
9.10.7 Industrial
9.10.8 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Industrial LCD Display Analysis and Forecast
10.1 Introduction
10.2 Europe Industrial LCD Display Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Industrial LCD Display Market Size Forecast by Type
10.6.1 Rack Mounted
10.6.2 Flush Bonding
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Industrial LCD Display Market Size Forecast by Applications
10.10.1 Automotive and Aerospace
10.10.2 Healthcare
10.10.3 Transportation
10.10.4 Retail
10.10.5 BFSI
10.10.6 Government and Defense
10.10.7 Industrial
10.10.8 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Industrial LCD Display Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Industrial LCD Display Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Industrial LCD Display Market Size Forecast by Type
11.6.1 Rack Mounted
11.6.2 Flush Bonding
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Industrial LCD Display Market Size Forecast by Applications
11.10.1 Automotive and Aerospace
11.10.2 Healthcare
11.10.3 Transportation
11.10.4 Retail
11.10.5 BFSI
11.10.6 Government and Defense
11.10.7 Industrial
11.10.8 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Industrial LCD Display Analysis and Forecast
12.1 Introduction
12.2 Latin America Industrial LCD Display Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Industrial LCD Display Market Size Forecast by Type
12.6.1 Rack Mounted
12.6.2 Flush Bonding
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Industrial LCD Display Market Size Forecast by Applications
12.10.1 Automotive and Aerospace
12.10.2 Healthcare
12.10.3 Transportation
12.10.4 Retail
12.10.5 BFSI
12.10.6 Government and Defense
12.10.7 Industrial
12.10.8 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Industrial LCD Display Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Industrial LCD Display Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Industrial LCD Display Market Size Forecast by Type
13.6.1 Rack Mounted
13.6.2 Flush Bonding
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Industrial LCD Display Market Size Forecast by Applications
13.10.1 Automotive and Aerospace
13.10.2 Healthcare
13.10.3 Transportation
13.10.4 Retail
13.10.5 BFSI
13.10.6 Government and Defense
13.10.7 Industrial
13.10.8 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Industrial LCD Display Market: Competitive Dashboard
14.2 Global Industrial LCD Display Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 LG Display
14.3.2 Samsung
14.3.3 InnoLux
14.3.4 AUO
14.3.5 BOE
14.3.6 TCL
14.3.7 Sharp
14.3.8 Advantech
14.3.9 HannStar
14.3.10 LG Display
