The usage of embedded displays in devices such as treadmill, microwave, or insulin pump or front loader, we have Has witnessed a huge growth in the market and in the near future, the market for these devices is expected to overcome the global population size. Increase in the automated devices has Increased the demand of embedded displays. Embedded displays today are advanced enough to be applied in high-end devices and can be used or programmed as per the application. The report talks about the embedded display market size and forecast from 2013 to 2020 including historical years. The report states that the embedded display market is expected to cross the $12.8 billion mark in 2020 at a CAGR of 12.44%.
Although, automotive and automation applications of embedded displays account for the largest share, segments such as medical professional and home appliances are expected to penetrate fast in the market. This is because of end-users being enlightened regarding advantages of embedded displays over traditional devices. Currently, only a small batch of displays is produced for some advanced devices in segments such as aerospace and scientific measurement; however, in a couple of years the production of embedded displays for these devices will populate the market. The report covers analysis of ten different industry applications that are automotive, industrial automation, home automation, farm equipment, fitness, wearables, home appliances, scientific test & measurement, medical home, medical professional & others.
The report also talks about the embedded displays market based on technology, that is LED, LCD, OLED, and others. Each of this technology markets has been examined deeply in this research study in terms of industry and geography.
Coming to the geographical analysis of embedded displays, the report covers three main regions- North America, Europe, and APAC. The Rest of the World (RoW) section has also been considered; it has been segmented into South America and the Middle East & Africa. Each of these regions is further segmented into respective countries, wherein the market size forecast of each country has been considered in the report.
The report talks about premium insights in the market; different drivers, restraints, opportunities, and challenges that will shape the future of embedded displays; the Porter’s five force analysis; competitive landscape, and company profiling of top embedded display players. Automotive, farm equipment and medical professional are leading the market based on industry; however, medical home and home appliances also account for a significant share. Besides, segments such as industry automation and home automation are also playing a major role in shaping the embedded display market. All the competitive strategies, ups and downs, market share have been analyzed in this study.