Rugged Display Market Analysis
The Rugged Display Market will touch USD 10 billion at a 5% CAGR in the forecast period 2017- 2023, as per the new Market Research Future (MRFR) analysis. The demand for advanced display technology in different sectors to display high-resolution images has developed the Rugged Display Market. The features of the rugged displays such as high quality, durability, proper brightness and protection are surging its demand among the end-users. The rugged displays protect the projects from damages over time and expand the LCD's lifespan; hence these are highly preferred. The major drivers of the Rugged Display Market are accelerating the global market. The military sectors prominently drive the market, as these displays are used in military equipment and weaponry.
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The heavy investment by the government and defense sectors is raising the market's growth opportunities. The investment is mostly done in research and development activities. This development enhances the growth of a new generation with advanced technological features and effective, rugged displays. This will propel the CAGR value of the market during the evaluation.
During the pandemic period, the restrictions implemented by the governments had affected the Rugged Display Market when the supply of raw materials was delayed, which destructed the production and supply chain process. The manufacturers found it difficult to get the source for raw materials when the transportation was restricted. This led them to spend higher costs on these devices and sell them at expensive rates to the customers, which decreased the market's demand. But in the post-pandemic period, the market will notice progressive results due to the rising opportunities.
Market Segmentation
The MRFR report throws light on an inclusive segmental analysis of the global rugged display market based on end users, ruggedness, operation system, and type.
By type, the global rugged display market is segmented into LED, LCD, and others. Of these, LCD will lead the market over the forecast period.
By operating system, the rugged display market is segmented into Android, Windows, iOS, and others. Of these, the Android segment will dominate the market over the forecast period.
By ruggedness, the rugged display market is segmented into ultra-rugged, fully rugged, semi-rugged, and others. Of these, the fully rugged segment will spearhead the market over the forecast period.
By end users, the rugged display market is segmented into commercial, industrial, hospitals, aerospace, defense, government, and others. Of these, defense will have the lions share in the market over the forecast period.
Regional Analysis
By region, the global rugged display market covers the recent trends and growth opportunity across Europe, the Asia Pacific (APAC), North America and the Rest of the World (RoW).
Of these, North America will sway the market over the forecast period. Huge demand in different sectors such as industries, government, and aerospace, growing trend of digital transformation, and various rugged display manufacturers focusing to increase their production to enhance customer experience is adding to the global rugged display market growth in the region.
The global rugged display market in Europe is predicted to hold second-largest share over the forecast period. Increasing adoption in defense, aerospace, healthcare, and government sectors is adding to the global rugged display market growth in the region.
The global rugged display market in the APAC region is predicted to grow at a fast pace over the forecast period and at a high CAGR. Several companies taking interest to deploy rugged display, immense popularity of handheld devices and smartphones, major launches of notebook and laptops by manufacturers, and increasing use of such devices by consumers owing to their portability and convenience are adding to the global rugged display market growth in the region.
The global rugged display market in RoW is predicted to have sound growth over the forecast period.
Key Players
The notable players profiled in the global rugged display market report include Kyocera Corporation (Japan), Sonim Technologies Inc. (U.S.), Chassis Plans (U.S), Bluestone Technology Ltd (U.S), Zebra Technologies Corporation (U.S), Samsung Group (South Korea), Getac Technology Corporation (Taiwan), Panasonic Corporation (Japan), Xplore Technologies Corporation (U.S), and Sparton Corporation (U.S), among others. Mergers and acquisitions, partnerships, collaborations, joint ventures, new product launch and development, geographic expansions, and others are the key factors used by industry players to stay ahead and also cater to the burgeoning needs of customers.
Industry Updates
March 2021- EIZO Rugged Solutions Inc has expanded its line of COTS rugged monitors with its three new customizable models which comply with the MIL standards.
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