Global Terminal LCD Displays Market to Rise at a CAGR 4.3% from 2015 to 2022 due to Technological Advancements
Transparency Market Research has recently published a research report to open a discussion about the trends and dynamics of the global terminal LCD displays market. The research report, titled “Terminal LCD Displays Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2022,” studies the historical data of the overall market and compares it with the current market situation to present a fair case of the market’s trajectory for the near future.
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According to the research report, the global terminal LCD displays market was valued at US$13.1 bn in 2014 and is likely to reach US$18.5 bn by 2022, rising at a CAGR of 4.3% from 2015 to 2022. LCD displays or liquid-crystal displays have numerous picture elements, which have liquid crystal molecules set between two pairs of transparent electrodes. The demand for LCD displays has been on the rise due to increasing consumption of these displays in the healthcare sector and the consumer goods sector. This demand is attributable to the increasing technological advancements and the plummeting prices of LCD displays.
The global terminal LCD displays market is segmented on the basis of type, technology, application, and geography. The types of LCD displays in the overall market are conventional LCD displays and surface-mounted LCD displays. The technologies used in this market are monographic LCD displays and TFT LCD displays. On the basis of application in the medical equipment and diagnostic products, the global terminal LCD displays market is segmented into various medical devices, diagnostic imaging systems, HMI industrial products, and detection analyzers. Apart from these applications, terminal LCD displays are used in home automation panels and several retail sector products. Geographically, this market is segmented into Asia Pacific, Europe, North America, the Middle East and Africa, and Latin America.
In terms of geography, North America held the largest share in the overall terminal LCD displays market in 2014, accounting for nearly 30% of the overall market revenue. However, analysts predict that Asia Pacific will grow at an accelerated pace in the near future due to demand from the emerging economies of Japan, India, Australia, China, and South Korea.
Some of the important players in the global terminal LCD displays market are Baxter International Inc., Johnson and Johnson, IBM Corporation, General Electric Co., Medtronic Inc., Siemens AG, Novartis AG, Koninklijke Philips N.V., American Industrial Systems Inc., Mitsubishi Electric Automation, Omron Corporation, Bosch Rexroth Group, Hisense Group, Rockwell Automation, Schneider Electric SE, Control4 Corporation, Casio America Inc., Legrand, Crestron Electronics, Inc., Toshiba Corporation, Sharp Electronics Corporation, NCR Corporation, and Fujitsu Ltd. The research report provides a thorough assessment of the financial overview, research and development activities, investment outlook, product portfolio, business and marketing strategies, and strategic mergers and acquisitions of these players.
Terminal LCD Displays Market Analysis, by Type
- Conventional LCD Displays
- Surface-mounted LCD Displays
Terminal LCD Displays Market Analysis, by Technology
- TFT LCD Displays
- Monographic LCD Displays
Terminal LCD Displays Market Analysis, by Application
- Medical Equipment & Diagnostic Products
- Diagnostic Imaging
- CT/MRI Systems
- X-Ray System
- Ultrasonography Systems
- PET Systems
- Treatment Medical Devices
- Anesthesia Machines
- Patient Monitors
- Injection Pumps
- Detection Analyzers
- Blood Pressure Meters
- Diabetes Monitors/Glucose Meters
- HMI Industrial Products
- HMI Touch Panels
- Industrial PCs
- Operator Interface Terminals
- Rugged Touch Panel Computers
- Small Sized Panels
- Home Automation
- Navigator Touch Screens/Panels
- Media & Security Smartpad Panels
- Thermostat Controller Panels
- Retail Sector Products
- Handheld Terminals
- Display Kiosks
- Electronics Shelf Labels (ESL)
- Diagnostic Imaging
In addition, the report provides cross sectional analysis of the terminal LCD displays market with respect to following geographical segments:
- North America
- The U.S.
- Rest of North America
- Rest of Europe
- South Asia
- Rest of Asia Pacific
- Middle East and Africa (MEA)
- GCC Countries
- Rest of MEA
- Latin America
- Rest of Latin America
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
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