Global Rugged Display Market: Synopsis
Market Research Future (MRFR) in its in-depth report states that the global rugged display market is estimated to reach USD 10 billion at 5% CAGR during the forecast period (2017-2023). Some of the factors that favor the market growth include increasing trend of digital transformation, technological transfer in display technology, and development of ruggedized display devices with high specifications. Growing demand for human-machine interface (HMI) and internet of things (IoT) in several industries have also been observed that works in favor of the market. Furthermore, technological advancements in many sectors, such as consumer electronics, healthcare and automotive have opened new avenues for the global Rugged Display Market growth. Most of the aerospace & defense, industrial and healthcare applications extensively use display devices that are rugged and portable in nature. On the flip side, adoption of consumer-grade devices for industrial applications may turn out to be detrimental for the market growth during the forecast period. However, despite the restraints, factors such as reduced total price of possession (TCO) for an extended period and rising demand from several industries will shape the market size positively.
A market trend worth noting is the increasing adoption of bring your own device (BYOD), which is the practice of providing the employees in an organization the freedom to use their own computers, smartphones, or other devices to work. Also, consumer rugged smartphones, such as the Samsung Galaxy S8 Active, are gaining momentum owing to growing investment in products which are durable and can also withstand rough treatment.
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Global Rugged Display Market: Key Players
The prime players profiled by MRFR that are operating in the global rugged display market are Sparton Corporation (the U.S), Xplore Technologies Corporation (the U.S), Panasonic Corporation (Japan), Chassis Plans (the U.S), Sonim Technologies Inc. (the U.S.), Kyocera Corporation (Japan) and others.
Global Rugged Display Market: Segmental Analysis
The global rugged display market has been segmented on the basis of type, ruggedness, operating system, end- users and region. Based on type, the global rugged display market has been segmented into dot-matrix, liquid crystal display (LCD), light-emitting diode (LED) and others. The liquid crystal display (LCD) segment is projecting tremendous growth in the global rugged display market owing to its properties such as comparatively low power consumption, compact size, and cheaper cost.
Based on ruggedness, the global rugged display market has been segmented into semi-rugged, fully rugged, ultra-rugged and others. The fully rugged segment is expanding at a significant growth rate owing to the high demand for these displays in various industrial sectors such as oil & gas, mining, and logistics due to their ability operate optimally in extreme weather conditions.
Based on operating system, the global rugged display market has been segmented into iPhone operation system (iOS), windows, android, and others. The android segment is witnessing high growth potential owing to the frequent release of new devices, availability of multiple options in affordable price range and proliferation in market entrants investing in the global rugged display market.
Based on end-users, the global rugged display market has been segmented into government and defense, aerospace, industrial, hospitals, commercial and others. The ability of rugged displays to withstand harsh environmental conditions has led to incorporation and optimum utilization of this technology in the defense, aerospace and industrial sectors.
Global Rugged Display Market: Regional Analysis
Geographically, the global rugged display market has been segmented into four major regions such as Europe, North America, Asia Pacific (APAC) and the rest of the world. The North America region is projecting dominance over the global rugged display market owing to the increased investment for technological advancement, easy adoption of technologically advanced devices and increased incorporation of rugged displays in various industrial sectors such as Military and defense, aerospace, government, oil and gas industry, and others. Increased incorporation of rugged displays in healthcare sector and introduction of innovative products by the manufacturers in order to gain competitive edge in the global market are propelling the growth of the rugged display market in the Europe region. Increasing popularity of adventure sports & video blogging and increasing demand for highly durable portable devices are fueling the growth of the rugged displays market in the Asia Pacific region.
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- Rugged Display manufacturing companies
- Display panel manufacturers
- Display manufacturing equipment suppliers
- Display-related service providers
- Original equipment manufacturers
- Rugged Display providers
- Research and development companies
- Market research and consulting firms
- Solution providers
- Technology standards organizations
- Technology investors
- System Integrators
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