The global embedded display market is forecasted to reach a figure of about US$ 18,800 Mn in 2022 and is poised to exhibit a robust CAGR in the period of assessment.There is a dramatic increase in the number of automated equipment and systems in various types of industries that has contributed to the growth of the embedded displays market.
Market Research Report Search Engine (MRRSE) recently announced the addition of a new research study to its comprehensive collection of research reports. The research report, titled “Global Market Study on Embedded Display: North America to be the Most Lucrative Market During the Forecast Period (2017-2022)” Beverage Coolers to be Observed in the Years to Come” offers a detailed analysis of the market providing insights into the market dynamics that are expected to influence the overall market positively in the next few years.
Furthermore, the product segmentation, drivers, barriers, key geographical segments, and the competitive scenario of the global Embedded Display market have been elaborated upon in the research report.
Embedded displays are used to execute a color display interface which offers various features like a smart graphic user interface, embedded functionality and touch screens at a price that is affordable for mass production.
Embedded displays also have the capability of saving power with greater efficiency and provide flexibility. There is a dramatic increase in the number of automated equipment and systems in various types of industries that has contributed to the growth of the embedded displays market.
Besides, the technological advancements in the embedded display arena has contributed to the latest products with high end displays entering the market and contributing to the growth of such products. In addition, greater efficacy and low cost are also responsible for the growth of this market.
Moreover, there is an increased usage of embedded display in the 3D systems and this is creating a lot of opportunities for growth in the embedded displays market.
According to the assessment of Persistence Market Research, the global embedded display market is forecasted to reach a figure of about US$ 18,800 Mn in 2022 and is poised to exhibit a robust CAGR in the period of assessment.
North America Market Set to Dominate the Global Embedded Display Market in Terms of Revenue
The market in North America is set to dominate the global embedded display market in terms of value and this trend is projected to sustain itself throughout the assessment period. North America embedded display market is the most attractive market, growing at a robust CAGR over the forecast period.
LED Display Type Segment Slated to Touch a Value of About US$ 4,750 Mn in 2022
According to the projections of Persistence Market Research, the LED display type segment is expected to reach a value of about US$ 4,750 Mn in the year 2022. This signifies a robust CAGR during the forecast period of 2017-2022.
The LED display type segment is estimated to account for more than one-fourth of the revenue share of the display type segment by the end of the year 2017 and is expected to lose in market share by 2022 over 2017.
Wearable Devices Segment to Exhibit a CAGR of Nearly 16% During the Assessment Period
According to the assessment of Persistence Market Research, the wearable devices segment is poised to touch a figure of about US$ 1,350 Mn in the year 2022. This signifies a CAGR of nearly 16% during the assessment period from 2017 till the year 2022.
The wearable devices segment is estimated to account for nearly one-tenth of the revenue share of the application segment by the end of the year 2017 and is projected to gain market share by 2022 over 2017.
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The report also profiles companies that are expected to remain active in the expansion of global embedded display market through 2022, which include Avnet, Inc., Microsoft Corp., Intel Corp., Green Hills Software Inc., Anders Electronics Plc, Planar Systems Inc., Enea AB., Esterel Technologies SA, Altia Inc. and Data Modul AG.
Persistence Market Research leverages a proven and tested research methodology to determine the revenue estimations of the global embedded display market. In-depth secondary research is used to arrive at the overall market size and top industry players.
A list of industry players (manufacturers), distributors, retailers, and industry experts is developed along with a comprehensive discussion guide for detailed and exhaustive primary interviews. Data thus obtained is validated using the triangulation method, where primary and secondary research along with Persistence Market Research analysis contribute to the final data.
This data is then scrutinized using advanced tools to glean pertinent insights into the global embedded display market.
- Other Display Type
- Wearable devices
- Industrial Automation Systems
- Automotive Equipment
- Home Appliances
- Construction Equipment
- Fitness Equipment
- Medical Devices
- North America
- Latin America
- Asia Pacific excluding Japan
- Middle East and Africa
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