North America Panel Mount Industrial Display Market, By Technology (LED, Liquid Crystal Display (LCD), OLED), Panel Size (Upto 14”, 14”-21”, 22”-40”, 41” and Above), Resolution (4K, HD, Others), Touch Availability (Touch, Non Touch), Application (Industrial Open Frame Monitors, Interactive Display, HMI, ATM, Imaging, Remote Monitoring), End User (Manufacturing, Food Processing, Medical, Transportation, oil and Gas, Energy and Power, Others), Country (U.S., Canada, and Mexico), Market Trends and Forecast to 2028
Market Analysis and Insights: North America Panel Mount Industrial Display Market
North America Panel Mount Industrial Display market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with the CAGR of 9.10% in the forecast period of 2021 to 2028 and expected to reach USD 800.32 million by 2028.
Panel mount display is industrial display equipment that can fit into an aperture or hole and can be mounted onto a panel. Panel mount type can also be installed with a VESA mount, rear mount, or a front mount. The industrial display system is used for displaying digital output and includes different kinds of TFT-display screens, monitors, and similar equipment. Industrial displays are being used in almost all the industry verticals such as transportation, manufacturing, medical, and others. The protective tempered glass acts as a shield for the industrial display to protect from dust and liquids. Moreover, the displays can use different touch and non-touch screen technologies as per the application requirement.
The major factors driving the growth of the panel mount industrial display market are increasing adoption of internet of things (IoT) and rising demand for multi-featured human machine interface (HMI) devices. Increasing number of partnership and collaboration to increase geographical reach of companies is boosting the growth of the market. High initial cost related with implementation of industrial displays is the major restraint for panel mount industrial display market. Complexity in deployment of displays for all weather conditions is acting as a major challenge for the growth of the market.
This panel mount industrial display market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographical expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
North America Panel Mount Industrial Display Market Scope and Market Size
North America panel mount industrial display market is segmented on the basis of technology, panel size, resolution, touch availability, application and end user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of technology, North America panel mount industrial display market has been segmented into LED, Liquid Crystal Display (LCD), OLED. In 2021, LCD segment dominates because it is the most energy efficient technology and also availability of small profile sizes in industry makes them most dominant.
- On the basis of panel size, North America panel mount industrial display market has been segmented into upto 14”, 14”-21”, 22”-40”, 41” and above. In 2021, 14”-21” segment dominates because these display panels are very cost-effective and are light weight which can be handled in small areas.
- On the basis of resolution, North America panel mount industrial display market has been segmented into 4K, HD, others. In 2021, HD segment dominates because of less power consumption and high durability of the screen which are important factor in industry.
- On the basis of touch availability, North America panel mount industrial display market has been segmented into touch, non touch. In 2021, touch segment dominates because as the display are small, touch display work efficiently in industries and are also durable and convenient to use.
- On the basis of application, North America panel mount industrial display market has been segmented into industrial open frame monitors, interactive display, HMI, ATM, Imaging, remote monitoring. In 2021, HMI segment dominates because HMI can allow plant operators to view alarms and locate the malfunction occurred in the plant and are easier to manage the plant.
- On the basis of end user, North America panel mount industrial display market has been segmented into manufacturing, food processing, medical, transportation, oil and gas, energy and power, others. In 2021, manufacturing segment dominates because the rise of automation is higher in manufacturing industry which promotes innovation, productivity and technical advancement and to monitor these automated machines, industrial displays are used.
North America Panel Mount Industrial Display Market Country Level Analysis
North America panel mount industrial display market is analysed and market size information is provided by country, technology, panel size, resolution, touch availability, application and end user.
The U.S. accounted for maximum share in the North America panel mount industrial display market, due to high usage of industrial panel mount displays for industrial purposes and remote monitoring of machines.
The country section of the North America panel mount industrial display market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Rising Demand of Panel Mount Industrial Display
North America Panel Mount Industrial Display market also provides you with detailed market analysis for every country growth in installed base of different kind of products, impact of technology using life line curves and changes regulatory scenarios and their impact on the North America Panel Mount Industrial Display market. The data is available for historic year 2019.
Competitive Landscape and North America Panel Mount Industrial Display Market Share Analysis
North America Panel Mount Industrial Display market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, brand analysis, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to North America Panel Mount Industrial Display market.
Some of the major players operating in the North America Panel Mount Industrial Display market are Advantech Co. Ltd., American Industrial Systems, Inc. (a subsidiary of Ennconn), Siemens, Pepperl + Fuchs, Hope Industrial Systems, Inc. , TRU-Vu Monitors, Inc., AUO Display Plus Corp. (a subsidiary of AU Optronics Corp.), Winmate Inc., INDUCOMP Corporation, Powerview Display Corp., Rockwell Automation, Inc., Nemacom Ltd., Schneider Electric, New Vision Display (Shenzhen) Co., Ltd. (a subsidiary of Tiajin Jingwei Huikai Optoelectronic CO., Ltd.), EIZO Corporation, Axiomtek Co. Ltd., Quanzhou Neway Industrial Limited, WINSONIC ELECTRONICS CO., LTD., Datasound Laboratories and among others. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
For instance,
- In June 2020, Schneider Electric announced the launch of its new human machine interface software product. The new product is designed to meet the needs of end users, original equipment manufacturers and machine and system builders. The new product helped in making machine information more accessible to operators and managers. The new product increased the customer base of the company.
Partnership, joint ventures and other strategies enhances the company market share with increased coverage and presence. It also provides the benefit for organisation to improve their offering for North America Panel Mount Industrial Display market through expanded product range.
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