Industrial loT Display Market

According to a research report "Industrial loT Display Market by Technology (LCD, LED, OLED), Panel Size, Application (HMI, Remote Monitoring), End-use Industry (Manufacturing, Energy & Power, Oil & Gas, Mining, Transportation) and Region - Global Forecast to 2028" published by MarketsandMarkets, the global Industrial IoT Display market size is estimated to be USD 0.9 billion in 2023 and is projected to reach 1.6 billion by 2028, at a CAGR of 13.3% during the forecast period. The growing adoption of Industry 4.0 and the increasing demand of HMI devices play a key role in driving the growth of Industrial IoT Display market in near future.

Browse 172 market data Tables and 57 Figures spread through 215 Pages and in-depth TOC on "Industrial loT Display Market by Technology (LCD, LED, OLED), Panel Size, Application (HMI, Remote Monitoring), End-use Industry (Manufacturing, Energy & Power, Oil & Gas, Mining, Transportation) and Region - Global Forecast to 2028"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/industrial-iot-display-market-245560788.html

Rising demand for OLED based industrial IoT displays to drive technology segment

The OLED segment is expected to record the highest CAGR during the forecast period. OLED displays are still emerging in the industrial sector and are mostly offered in smaller panel sizes. However, this technology is evolving rapidly, and manufacturers like Samsung Display (South Korea) and LG Display (South Korea) have already showcased IP65-rated OLED video walls for advertising. With further development in the reliability of large-panel OLED displays, more applications, particularly digital signage and imaging, are expected to open for this technology in consumer and industrial applications.

HMI segment accounted for the largest share in 2022

In 2022, the HMI segment accounted for the largest share of the industrial IoT display market. There is significant adoption of industrial automation equipment, such as HMI, by manufacturers from various industries, such as food & beverages, oil & gas, metal & mining, automotive, semiconductor & electronics, and A&D. The integration of advanced HMI solutions with various industrial automation equipment has tremendously increased the quality, productivity, and mobility of plant assets.

North America accounted for the largest share of the Industrial IoT Display market

North America was the leading market for industrial IoT displays in 2022 due to various initiatives undertaken by government initiatives, such as ‘Manufacturing USA’ by the US and ‘Industrie 2030’ by Canada. These initiatives have encouraged the development and adoption of industrial IoT displays in various end-use industries. The region leads in terms of advanced automation technology and manufacturing techniques such as predictive maintenance and remote monitoring..

E Ink Holdings Inc. (Taiwan), BOE Technology Group Co., Ltd. (China), Advantech Co., Ltd. (Taiwan), Pepperl+Fuchs SE (Germany), Sharp Corporation (Japan), PDi Digital  (Austria), Planar Systems, Inc. (US), Winmate Inc. (Taiwan), Maple Systems Inc. (US), are some of the key players in the Industrial IoT Display market.

Don’t miss out on business opportunities in Industrial loT Display Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ’GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]