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 rising demand for Industrial IoT Display wafers is attributed to the rising emphasis on real-time data analysis and predictive maintenance.
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. To retain their presence in the Industrial IoT Display market, these players have adopted various growth strategies, such as product launches, and acquisitions. Product launches has been the most dominating strategy adopted by the key players from 2020 to 2023 to help them strengthen their product portfolio and broaden their customer base.
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E Ink Holdings Inc.
E Ink Holdings Inc. is the inventor and forerunner in ePaper technology. The firm provides innovative display components to brands and manufacturers, enabling them to install highly durable, low-power screens in a variety of applications and settings. The various applications catered by the company include reading & writing, mobile & wearables, retail, healthcare & hospitals, transportation & outdoor, indoor large area signages, industrial & packaging, lifestyle, and architecture. E Ink Holdings Inc. consists of the merged E Ink Corporation, which was spun out of the MIT Media Lab in 1997 to commercialize electronic ink and the EPD technology, and Prime View International, which was founded in 1992 as Taiwan's first TFT LCD manufacturer focusing on high quality small-to-medium-sized TFT LCDs. Prime View bought E Ink Corporation in 2009 to further consolidate and grow the EPD supply chain, and the new merged firms were branded E Ink.
BOE Technology Group Co., Ltd.
BOE Technology Group Co., Ltd. Is a leading manufacturer of LCDs, OLEDs, flexible displays, interface devices, smart IoT systems, and smart medicine and engineering integration services. The company operates through five operating divisions, namely, Display, Sensor and Application, IoT Innovation, Mini/Micro LED (MLED) and Smart Medicine and Engineering. The company also offers TFT LCD, AMOLED, and other intelligent interface devices through the Display segment.
BOE Technology Group Co., Ltd. Has several manufacturing bases in Beijing, Hefei, Chengdu, Chongqing, Fuzhou, Mianyang, Wuhan, Kunming, Suzhou, Ordos, Gu’an, etc. It has subsidiaries in 19 countries and regions including the US, Germany, the UK, France, Switzerland, Japan, Korea, Singapore, India, Russia, Brazil, and the UAE. The company primarily serves customers from Europe, the US, Asia, and Africa.
Advantech Co., Ltd.
Advantech Co., Ltd. is a leading provider of IoT intelligent systems and embedded systems. The company embraces the trends of AI, Big Data, and IoT. It provides software and hardware with the edge intelligence WISE-PaaS core. Advantech offers system integration, hardware, software, customer-centric design services, embedded systems, and automation products. The company offers several embedded computing solutions including embedded software, industrial display systems, embedded PCs, etc. These products find use in various applications including digital signage, kiosks, slot machines, control centers, and portable ultrasound systems, among others.
Pepperl+Fuchs SE is a leading firm offering intrinsic safety and explosion protection technology. It is also one of the leading manufacturers of electronic sensors. The family-owned business is based in Germany and adheres to the global Pepperl+Fuchs corporate standards.
The company offers an extensive product portfolio of industrial sensors and explosion protection that help customers fulfill their requirements. Some of the industrial sensors portfolio products include proximity sensors, photoelectric sensors, industrial vision, ultrasonic sensors, rotary encoders, and positioning systems. In contrast, the key products in the explosion protection portfolio are intrinsic safety barriers, signal conditioners, FieldConnex Fieldbus infrastructure, remote I/O systems, HART Interface Solutions, surge protection, and wireless solutions. The company has a virtual global presence and over 40 subsidiaries on six continents.
Sharp Corporation is a Japan-based multinational company that manufactures and sells electric, telecommunications, electronics, and electronic equipment. In November 2020, the company acquired 66% shares of NEC Display Solutions (NDS), a subsidiary of NEC Corporation and a global provider of digital display solutions.
The company operates through five business segments—8K Ecosystem, Smart Life, ICT, Display Device, and Electronic Device. The display device business (formerly under 8K Ecosystem) is under the Display Device business segment. The 8K Ecosystem segment offers blu ray disc recorders, display modules, information displays, commercial projectors, audio equipment, FA equipment, and options and consumables. The company offers a wide variety of display solutions such as video walls, interactive signages, and standalone displays.
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
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