Industrial display market expected to reach $9.54 billion by 2032, driven by automation and digitalization.

From GlobeNewswire: 2025-01-06 08:00:00

The Industrial Display Market was valued at USD 5.53 Billion in 2023, expected to reach USD 9.54 Billion by 2032 with a CAGR of 6.29%. Rising adoption driven by automation and digital transformation, increasing operational efficiency in various industries like automotive, aerospace, and logistics. Touchscreen technology adoption grew by 15% in 2023.

Smart industrial displays enhance worker safety and operational efficiency, driven by IIoT and Industry 4.0 technologies. Displays offer real-time data access, reducing equipment mishaps. Smart displays aimed at enhancing operational efficiency and worker safety grew by 11%.

Touchscreen technologies and energy-efficient displays are driving growth in the Industrial Display Market. Touchscreen technologies are enhancing operational efficiency in sectors like healthcare, automotive, and logistics. Sustainability efforts have spurred adoption of energy-efficient OLED and e-paper displays, driving 18% growth in 2023.

Asia Pacific leads the Industrial Display Market growth with 33% share in 2023, driven by industrialization and digitalization in key sectors. North America is poised for rapid expansion from 2024-2032, driven by automation, digitalization, and investments in IIoT in energy, healthcare, and manufacturing sectors. Major manufacturers like Toyota, Sony, and Samsung rely on industrial displays for operations. Sharp has unveiled its brightest LCD-based projector, the XP-A201U-B, boasting a 20,000-lumen brightness and advanced laser system for vibrant colors. Panasonic has invested $180,000 in a new manufacturing facility in Daman, India. Siemens and Teradyne have partnered to create a robotics showcase in Chicago, focusing on AI-driven applications for industries like aerospace.



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