The global rugged display market size reached USD 3.57 billion in 2022. The market value is expected to increase from USD 3.75 billion in 2023 to USD 6.36 billion by 2030, exhibiting a CAGR of 7.83% during the forecast period.
A rugged display is one that is intended to function effectively in challenging situations and surroundings such as strong vibration, extreme temperatures, or humid or dusty working environments. Various display types include Glass-Film-Glass (GFG) resistive touch screens, Gorilla Glass, and 5-wire resistive touch screens. These displays are made to be durable in tough environments and to provide great performance at an affordable price for a variety of industries, including industrial, commercial, and defense.
Fortune Business Insights™ presents this information in a report titled, “Rugged Display Market, 2023-2030.”
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The report offers:
- Major growth drivers, restraining factors, opportunities, and potential challenges for the market.
- Comprehensive insights into regional developments.
- List of major industry players.
- Key strategies adopted by the market players.
- Recent industry developments include product launches, partnerships, mergers, and acquisitions.
List of Key Players Profiled in the Non-Grain Oriented Electrical Steel Market Report:
- Corning Incorporated (U.S.)
- AGC Inc. (Japan)
- Schott AG (Germany)
- Innolux Corporation (Taiwan)
- LG Display (South Korea)
- Nippon Electric Glass (Japan)
- Japan Display (Japan)
- SCHURTER Group (Switzerland)
- Sparton Corp (U.S.)
- Zebra Technologies Corp (U.S.)
Increased Demand for 10-15 Inch Display is Driving the Market Growth
Based on size, the market is divided into less than 10 inches, 10-15 inches, and more than 15 inches. The 10-15 inch display size is anticipated to develop at the quickest rate due to increased demand for vehicle-mounted screens for their tough applications.
Increased Demand for Ultra Rugged Display is Driving the Market Growth
Based on the level of ruggedness, the market is segmented into semi rugged, fully rugged, and ultra rugged. Various applications call for varying levels of robustness. The market is expanding due to the superior performance and versatility of industrial computers with extremely robust features.
Consumer Electronics Segment will Grow at an Impressive CAGR over the Forecast Period
The consumer electronics segment is projected to gain the most attention during the forecast period. Strong displays make it possible for paperless assembly facilities to track quality, organize part motions, and communicate information more quickly and continuously.
Smart Phone & Handheld Computers Segment to Lead the Market
Based on product, the market is divided into smart phone & handheld computer, tablet, laptop, mission-critical display, avionic display, vehicle mounted, and others. The smart phones & handheld computers segment accounts for the largest market share. A sturdy and portable device is necessary for the majority of administrative, security, transportation, and modern applications.
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Drivers and Restraints
Rising HMI Demand and Adoption to Boost Market Progress
The key factor propelling the rugged display market growth is the rise in demand for Human Machine Interface (HMI) devices. High performance, flexibility, improved brightness and contrast for visibility in direct sunshine, incredibly wide viewing angles with uniform brightness, a large color gamut, and robustness for demanding applications are all features of tough display. It has many advantages such as passive cooling, numerous input options, and others.
North America Being a Major Electronics Hub Dominates the Market
North America is expected to hold the major rugged display market share during the forecast period. Innovative breakthroughs are highly valued by contemporary North American manufacturers as a way to improve their creative processes and achieve achievements. Government, security, aviation, automobile, and transportation firms are also known to be significant consumers of displays in the area.
Key Players Prioritize Innovative Launches to Enhance Market Presence
There are several significant players in the fiercely competitive market for tough displays. Some of these firms significantly dominate the market in terms of market share. Due to the rapid advancement of display technology and the existence of numerous firms specializing in research and development with the goal of creating novel solutions for the market, the industry has recently become extremely competitive. Corporate behemoths are also working on curved displays with better resistivity, which would spur demand from a variety of industries.
Key Industry Development:
May 2022 – Panasonic released the Toughbook 40, a rugged laptop. This laptop has been tested to drop from a height of up to 2 meters.
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