Industrial Monitors Market: Overview

Industrial Monitors are the standard go-to device for nearly any business or industrial display purpose. Industrial monitors make any industrial process easy to monitor there by increasing the process efficiency. Industrial monitor find key application in human machine Interface (HMI), the user interface in a manufacturing or process control system. It provides a graphics-based visualization of an industrial control and monitoring system. Industrial Monitors are engineered to meet the increasingly complex processes, demanding visualization and control tasks of machines and automation systems while simplifying operation and programming. Using flexible and standardized interfaces for embedded computing allows for easy and efficient integration for almost any machine, application or environment. Modern touch board HMIs highlight an exceedingly particular plan that gives a total scope of control and checking arrangements which permit both touchscreen show and Box IPC (Industrial PC) to be worked by particular client needs and prerequisites. Our keen HMIs have been built with a typical plan and design, making HMI usefulness indistinguishable all through the whole group of HMI arrangements, conveying many points of interest. AIS HMI Touch Panels are versatile frameworks, which make them expandable by changing the showcases or the registering energy of the PC motor.

Industrial Monitors Market: Dynamics

Factors like rising demand for HMI devices, technological shift and development of high specification display devices, high growth of LED-backlit LCD-based display solutions, and growing adoption of IoT will drive the global industrial monitors market in the near future. The market is also driven by high demand of SCADA and DC based systems.

Industrial Monitors Market is restrained by high implementing ad acquisition cost of the monitors.

Industrial Monitors Market: Segmentation

The Global Industrial Monitors Market is segmented by technology, display size, end use and type of mounting.

The Global Industrial Monitors Market is segmented by technology as-

  • LED
  • LCD
  • TFT

The Global Industrial Monitors Market is segmented by display size as-

  • Less than 12”
  • 12”-17”
  • More than 17”

The Global Industrial Monitors Market is segmented by end use as-

  • Discreet industries
  • Process Industries

The Global Industrial Monitors Market is segmented by type of mounting as-

  • Panel
  • Wall
  • Desktop
  • Rack
  • VESA arm

Industrial Monitors Market: Regional Outlook

Geographically, the global Industrial Monitors market is designed for seven regions namely, North-America, Western Europe, Asia Pacific except Japan (APEJ), Eastern Europe, Latin America, the Middle East & Africa and Japan. Currently North America holds the largest market share in the global industrial display market followed by Europe and APEJ. The region has display technologies and automation solutions from manufacturing, and oil & gas verticals. Rugged displays are broadly utilized for HMI applications and remote monitoring in the manufacturing sector that boost the industrial display market in North America. APEJ is expected to exhibit high growth rate over the forecast period owing to growing automation in the region. The overall outlook for the global industrial monitors market is positive over the forecast period.

Industrial Monitors Market: Key Players

Some of the key market players in the global Industrial Monitors Market are-

  • AAEON Technology Inc.
  • Samsung Display Co., Ltd.
  • Advantech Corporation
  • Planar Systems, Inc.
  • Hope Industrial Systems, Inc.
  • Rockwell Automation
  • Siemens Corporation
  • Axiom Technology, Inc.
  • Barco NV
  • Beckhoff Automation
  • Edge ElectronicsComputer Dynamics (CIMTEC Automation)
  • OmniVision Technologies
  • Honeywell International Inc.

Industrial Monitors Market: Competitive Analysis

Key manufacturers Industrial Monitors are focusing in product development including enabling wider industrial applications with the help of their R&D department. Industrial Giant Samsung Display Co., Ltd. strongly focuses on product innovations and technological advancements to capture the market share in the booming industrial display market. In February 2017, Samsung Display announced a SMART signage line-up that includes the quantum dot-powered QLED signage UHD displays and fine pixel pitch IF Series LED signage. This enabled Samsung Display to extend its offerings in advanced signage application and furthermore take into account different segments, for example, instruction, accommodation, retail, and corporate. The global market is likely to witness further more box gauge developments along with growing demand, triggering the market growth during the forecast period.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market 

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Enquiry Before Buying

TMR offers Enquiry Before Buying that help clients to get information on their business scenario required where syndicated solutions are not enough.

Enquiry Before Buying

Industrial Monitors Market