Embedded Display Market worth $38.76 billion by 2030, growing at a CAGR of 8.10% - Exclusive Report by 360iResearch
The Global Embedded Display Market to grow from USD 20.77 billion in 2022 to USD 38.76 billion by 2030, at a CAGR of 8.10%.
PUNE, MAHARASHTRA, INDIA, November 15, 2023 /EINPresswire.com/ -- The "Embedded Display Market by Display Type (Non-Touch, Touch), Technology (LCD, LED, OLED), Device Type, Application - Global Forecast 2023-2030" report has been added to 360iResearch.com's offering.The Global Embedded Display Market to grow from USD 20.77 billion in 2022 to USD 38.76 billion by 2030, at a CAGR of 8.10%.
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An embedded display refers to a display screen or monitor that is integrated directly into a device, system, or equipment rather than being a separate, standalone unit. Embedded displays are designed to be an integral part of a larger product, providing visual information, user interfaces, or feedback to the user within the context of the device's primary functionality. Embedded displays can be seamlessly integrated into the design of devices and equipment, saving space and reducing the need for separate display units. This compact integration is particularly valuable in applications with limited space or where aesthetics are important. Rising consumer preferences for technologically advanced products demand from various industries drive market growth. However, regulatory restrictions, the high cost of advanced embedded display systems, or a shortage of skilled professionals could restrict the market. Developing smart embedded display systems with better graphics and technological advancements in embedded display is expected to create a lucrative market opportunity.
Application: Embedded display offering user-friendly control interfaces in home appliances & automation applications
Embedded displays in agriculture equipment provide operators with real-time information about machinery performance, crop data, and GPS guidance, allowing for more efficient and precise farming. Embedded automobile displays serve as instrument clusters, infotainment systems, navigation screens, and more, providing drivers and passengers with information and control over various functions. In construction equipment, embedded displays enable operators to control machinery effectively and improve site safety. These displays in consumer electronics, such as smartphones, tablets, and smart TVs, provide visual interfaces for user interaction and access to various features and apps. Embedded displays in home appliances offer user-friendly control interfaces and display essential information, contributing to home automation and energy efficiency. In industrial automation systems, embedded displays provide real-time data and control options for managing machinery, processes, and manufacturing operations. For the medical sector, embedded displays provide vital information to healthcare professionals for patient care, diagnosis, and treatment. Embedded displays in scientific test and measurement equipment offer researchers and scientists data readouts, controls, and visual feedback for experiments and measurements.
Technology: Proliferating utilization of LCD technology
LCD (liquid crystal display) technology is a common and versatile choice for embedded displays in various applications. LCDs offer good color accuracy, sharp images, and a broad spectrum of screen dimensions and are commonly used in various devices, from TVs and computer monitors to embedded displays in industrial control panels. LED technology is commonly used in embedded displays for various applications, including digital signage, billboards, large video walls, consumer electronics, and more. It is a versatile technology that offers high brightness, energy efficiency, and vibrant colors, making it suitable for applications where visibility and visual impact are crucial. OLED (organic light-emitting diode) technology is a cutting-edge technology increasingly used in embedded displays for applications such as premium smartphones, OLED TVs, automotive infotainment systems, and more. The technology's ability to provide deep blacks, vibrant colors, and thin, flexible form factors makes it ideal for applications where image quality and design aesthetics are paramount.
Device Type: Significant adoption of portable devices owing to their flexibility and compactness
Fixed devices with embedded displays are equipment or systems where the embedded display is permanently integrated and typically does not move or change location. These devices are often stationary and serve specific functions within a fixed environment. The embedded displays in fixed devices are an essential part of the equipment, providing information, control, and user interfaces. Portable devices with embedded displays refer to mobile or handheld devices that incorporate display screens as an integral part of their design. These devices are designed for on-the-go use and are intended to be carried, moved, or used in various locations. The embedded displays in portable devices are the primary means of interacting with and obtaining information from the device.
Display Type: High adoption of non-touch displays to provide visual information
Non-touch displays are embedded screens that do not have touch-sensitive capabilities. These displays are primarily for viewing information or content and do not allow direct interaction with the screen using touch gestures or inputs. Users can only passively observe the displayed content. Non-touch displays are often used in applications where touch interaction is not necessary, and the primary function is to provide visual information. Touch displays are embedded screens equipped with touch-sensitive technology, enabling users to interact directly with the screen by tapping, swiping, pinching, or using other touch gestures. They are commonly used in smartphones, tablets, kiosks, point-of-sale, and automotive infotainment systems.
Regional Insights:
In the Americas, the demand for embedded displays has surged due to the large consumer electronics market and the digital transformation of various industries. These nations prioritize developmental initiatives, noticeable in the number of patents filed annually. The substantial investment in research and development drives innovations in information displays, entertainment systems, and wearable devices. In EU countries, embedded display technology finds broad applications in the automotive, telecommunications, and industrial sectors. Strict regulations for energy-efficient systems and safety measures drive this adoption, supported by significant research, patent registration, and financial investments. The Middle East and Africa infrastructure development projects and growing digitization are starting to show promise for the embedded display market. The Asia-Pacific region is experiencing a robust demand for embedded displays due to the proliferation of smart devices, consumer electronics advancements, heavy industrialization, and considerable investment in technological innovation.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Embedded Display Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Embedded Display Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Embedded Display Market, highlighting leading vendors and their innovative profiles. These include Anders Electronics PLC, ANSYS, Inc., AUO Corporation, Avnet, Inc., Dezire Embedded Technology (P) Limited, Eaton Corporation PLC, EG Electronics Group, Emerging Display Technologies (EDT), Enea AB, Green Hills Software LLC, Intel Corporation, LG Corporation, Microsoft Corporation, Mitsubishi Electric Corporation, Noritake Co., Limited, NTX Embedded, Planar Systems, Inc., Powertip Technology Corporation, Riverdi Sp. z o.o, Seiko Epson Corporation, Sharp Corporation, STMicroelectronics N.V., Tianma Microelectronics Co., Ltd., Winstar Display Co., Ltd., and WPG Holdings.
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Market Segmentation & Coverage:
This research report categorizes the Embedded Display Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Display Type, market is studied across Non-Touch and Touch. The Touch is projected to witness significant market share during forecast period.
Based on Technology, market is studied across LCD, LED, and OLED. The OLED is projected to witness significant market share during forecast period.
Based on Device Type, market is studied across Fixed Devices and Portable Devices. The Fixed Devices is projected to witness significant market share during forecast period.
Based on Application, market is studied across Agriculture Equipment, Automobile Displays, Construction Equipment, Consumer Electronics, Home Appliances & Automation, Industrial Automation & Control Systems, Medical Devices, and Scientific Test & Measurement Equipment. The Scientific Test & Measurement Equipment is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 37.38% in 2022, followed by Asia-Pacific.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Embedded Display Market, by Display Type
7. Embedded Display Market, by Technology
8. Embedded Display Market, by Device Type
9. Embedded Display Market, by Application
10. Americas Embedded Display Market
11. Asia-Pacific Embedded Display Market
12. Europe, Middle East & Africa Embedded Display Market
13. Competitive Landscape
14. Competitive Portfolio
15. Appendix
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Embedded Display Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Embedded Display Market?
3. What is the competitive strategic window for opportunities in the Embedded Display Market?
4. What are the technology trends and regulatory frameworks in the Embedded Display Market?
5. What is the market share of the leading vendors in the Embedded Display Market?
6. What modes and strategic moves are considered suitable for entering the Embedded Display Market?
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Mr. Ketan Rohom
360iResearch
+ 1 530-264-8485
ketan@360iresearch.com
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