Beyond Boundaries: How the $24.4 Billion Embedded Display Market is Reshaping Industries

Forecasts predict that the Embedded Display Market will increase significantly, from an expected USD 17.7 billion in 2020 to an astonishing USD 24.4 billion by 2025. This projected expansion represents a noteworthy Compound Annual Growth Rate (CAGR) of 6.9% from 2020 to 2025. Embedded display technologies are poised to play a crucial part in a variety of industries as the industry continues to develop, pushing innovation and the integration of cutting-edge visual solutions across a broad range of applications.

Several important factors that interact to form a promising trajectory are what are driving the growth of the embedded display market. In particular, improvements in embedded display interface technologies stand out as a key element, fueling the market's growth. The consequences of the COVID-19 pandemic have also increased the quick adoption of automation across a variety of industries, which has further expedited the market's growth. The increased demand for digital signage and interactive displays on a global scale also plays a significant role in determining the market's increasing trend. All of these elements work together to create a favourable climate for the market for embedded displays to grow strongly.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=209201232

Embedded Display Market

The portable device segment to register higher CAGR during the forecast period

Over the course of the forecast period, the portable devices segment of the embedded display market is anticipated to have a much higher compound annual growth rate (CAGR). The many benefits that come with portable gadgets might be credited for this astounding increase. These gadgets, which have multi-touch panel capabilities, provide a higher level of engagement while still being easy to use. Their adaptability finds use in a variety of industries, including POS (point of sale) equipment, wearable technology, smart displays, medical equipment, and human-machine interfaces (HMI), among others. In particular, it is projected that the ongoing commercialization of the Internet of Things (IoT) would act as a catalyst, driving the demand for portable devices to record highs throughout the course of the forecast period.

The increase in consumer demand for electric, hybrid, and semi-autonomous vehicles to drive demand for automobile displays

In 2025, the automotive displays market category with embedded displays is expected to have a sizable market share. This popularity is linked to consumers' growing preference for electric, hybrid, and semi-autonomous vehicles, which is fostering the growth of embedded screens in automobiles. Automakers are actively bucking this trend by working to improve the driving experience in their vehicles with user-friendly interfaces and digital connectivity capabilities. In light of the changing landscape of automotive technology, it is anticipated that demand for automobile displays integrated into a variety of aspects of the vehicle, such as digital instrument clusters, central stack systems, Head-Up Displays (HUD), navigation interfaces, and rear-seat entertainment screens, will increase significantly.

Browse For More Details - https://www.marketsandmarkets.com/Market-Reports/embedded-display-market-209201232.html

North America is projected to hold largest share of Embedded Display Market in 2025

In 2025, the automotive displays market category with embedded displays is expected to have a sizable market share. This popularity is linked to consumers' growing preference for electric, hybrid, and semi-autonomous vehicles, which is fostering the growth of embedded screens in automobiles. Automakers are actively bucking this trend by working to improve the driving experience in their vehicles with user-friendly interfaces and digital connectivity capabilities. In light of the changing landscape of automotive technology, it is anticipated that demand for automobile displays integrated into a variety of aspects of the vehicle, such as digital instrument clusters, central stack systems, Head-Up Displays (HUD), navigation interfaces, and rear-seat entertainment screens, will increase significantly.

Key Players

Avnet, Inc., Ansys, Emerging Display Technologies (EDT), Winstar Display, Alita, Green Hills Software (GHS), Microsoft, Planar Systems, Intel, and Anders Electronics are the key players in the Global Embedded Display Market. These players are increasingly undertaking strategies such as product launches and development, expansions, partnerships, collaborations, and acquisitions to increase their market share.

News Covered:

https://www.prnewswire.com/news-releases/embedded-display-market-worth-24-4-billion-by-2025--exclusive-report-by-marketsandmarkets-301127447.html 

About MarketsandMarkets™ 

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. 

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. 

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry. 

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook. 

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Visit Our Website: https://www.marketsandmarkets.com

Comments

Post a Comment

Popular posts from this blog

Trends Shaping the Environmental Test Chambers Market

The   Environmental Test Chambers Market Size  is expected to rise steadily; estimates show that it will reach USD 938 million by 2024 from USD 842 million in 2019, a compound annual growth rate (CAGR) of 2.18%. The most recent market research report outlines this growth trajectory and highlights the several variables that are driving this expansion. A variety of industrial verticals, including aerospace and defence, automotive, telecommunications, and electronics, are served by the market's segmentation based on type, which includes temperature and humidity chambers, customised chambers, and thermal shock chambers. Over the course of the forecast period, factors like strict regulatory requirements, rising need for dependable testing solutions, and technical developments in environmental testing equipment are anticipated to drive market expansion. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=107895228 The environmental test chambers mar...
Read more

Microwave Revolution: Unraveling the Monolithic Microwave IC Market

Image
The   Monolithic Microwave IC Market  showed strong growth, reaching a worth of USD 9.7 billion in 2022 and expected to reach USD 17.0 billion by 2027. It is anticipated that the market would expand at a notable compound annual growth rate (CAGR) of 11.9% from 2022 to 2027. This growth trend shows how Monolithic Microwave Integrated Circuits (MMICs) are becoming more and more popular in a variety of industries. MMICs are essential parts of applications like consumer electronics, aircraft, defence, and telecommunications because of their small size and excellent performance at microwave frequencies. Technological developments, the growing need for high-frequency communication systems, and the extensive use of MMICs in developing technologies are the main factors propelling the market's growth. The MMIC market is expanding significantly due to a number of important factors. The smartphone industry is a major trigger for the spike in demand for Monolithic Microwave Integrated Cir...
Read more

Empowering Connectivity: RF Gallium Nitride Market on Track for $2.8 Billion by 2028

With a projected value of USD 2.8 billion by 2028, the global   RF Gallium Nitride (GaN) Market   is expected to experience significant expansion from its estimated USD 1.5 billion valuation in 2023. Over the course of the forecast period, this projected growth translates into a strong compound annual growth rate (CAGR) of 12.9%. Technological developments, the growing need for high-frequency and high-power devices, and the broad use of GaN technology in a variety of industries, including the automotive, aerospace and defence, and telecommunications sectors, are all considered contributing factors to the market value increase. The market is anticipated to experience substantial growth in the upcoming years as GaN continues to establish itself as a favoured material for RF applications because of its excellent qualities, such as high electron mobility and thermal stability. Download PDF Brochure:   https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=183000597 There are...
Read more