Embedded Display Market Growth Projections to 2025: USD 24.4 Billion

With a compound annual growth rate (CAGR) of 6.9%, the Embedded Display Market is expected to grow from USD 17.5 billion in 2020 to USD 24.4 billion in 2025.

Pune, 07/08/2024 (informazione.it - comunicati stampa - scienza e tecnologia)

The report "Embedded Display Market with COVID-19 Impact Analysis by Technology (LCD, LED, OLED, and Others), Type, Device, Application (Automobile Displays, Fitness Devices and Wearables, Home Automation and HVAC Systems), Region - Global Forecast to 2025" highlights the projected growth of the global embedded display market, which is expected to reach USD 24.4 billion by 2025, up from USD 17.5 billion in 2020, at a CAGR of 6.9% during the forecast period.

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The increasing adoption of advanced display technologies like LCD, LED, and OLED across various applications such as automobile displays, fitness devices, wearables, and home automation systems drives this growth. The COVID-19 pandemic has further accelerated the demand for embedded displays, especially in healthcare and remote monitoring applications, highlighting the resilience and adaptability of the market amidst global challenges.

Advancements in embedded display interface technologies, accelerated adoption of automation across various industries, and the increased demand for interactive displays and digital signage are key factors driving the growth of the embedded display market. These advancements enhance user experience by providing seamless and intuitive interfaces, which are increasingly being integrated into automotive displays, fitness devices, wearables, and home automation systems. The growing trend of digital transformation in industrial and commercial sectors, coupled with the rising need for real-time data visualization and interactive communication, further propels the market. This robust growth trajectory underscores the pivotal role of embedded displays in shaping the future of smart and connected environments.

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LCD Technology to dominate the Embedded Display Market from 2020 to 2025.

The LCD segment is projected to dominate the embedded display industry in both volume and value throughout the forecast period. This growth is largely driven by the widespread use of LCDs in devices such as video players, gaming consoles, clocks, watches, calculators, smart display devices, and home appliances. LCDs are highly durable, responsive, and provide exceptional sharpness and brightness, making them ideal for a variety of applications. Their extensive utilization in industrial, retail, and automotive sectors further fuels the market expansion, as these industries increasingly adopt reliable and high-performance display technologies to enhance user experiences and operational efficiency.

Touch Displays to register highest CAGR in the Embedded Display Market during forecast period.

In recent years, the demand for touch displays has surged, driven by the increasing trend of human-machine interaction and the growing adoption of devices with embedded systems. Technological advancements in films and filters that enhance display performance have further fueled the demand for embedded displays across various sectors. Additionally, the rising use of touch-enabled LCDs, OLEDs, curved displays, and flexible displays in embedded applications such as automotive dashboard displays, wearables, and medical monitors is a key factor propelling the growth of the LCD embedded display market. These innovations cater to the need for high-performance, interactive, and adaptable display solutions in diverse industries.

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Europe to account for a significant share of the Global Embedded Display Market.

Europe is a significant market for embedded displays, bolstered by advancements in the automotive industry, particularly in autonomous vehicles, Advanced Driver Assistance Systems (ADAS), and unmanned ground vehicles (UGVs). These innovations are expected to create ample growth opportunities for market players offering embedded display solutions. The region's rapid industrialization and the implementation of advanced solutions for enhanced efficiency and productivity in manufacturing facilities further drive market growth. Developed economies such as Germany, France, and the UK, known for their advanced business and manufacturing landscapes, are witnessing high-level factory automation and the adoption of smart, IoT-based technologies. The constantly developing industries in Europe are poised to provide increased opportunities for the adoption of embedded display solutions, reinforcing the region's market significance.

Embedded Display Companies:

• Ansys,
• Avnet, Inc.,
• Winstar Display,
• Green Hills Software (GHS),
• Intel,
• Planar Systems,
• Altia,
• Anders Electronics,
• Emerging Display Technologies (EDT),
• Microsoft.

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