Brazil Industrial Display Market Size & Outlook, 2023-2030
Brazil industrial display market, 2017-2030 (US$M)
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Brazil industrial display market highlights
- The Brazil industrial display market generated a revenue of USD 116.6 million in 2023 and is expected to reach USD 149.4 million by 2030.
- The Brazil market is expected to grow at a CAGR of 3.6% from 2024 to 2030.
- In terms of segment, panel-mount monitors was the largest revenue generating type in 2023.
- Open Frame Monitors is the most lucrative type segment registering the fastest growth during the forecast period.
Industrial display market data book summary
| Market revenue in 2023 | USD 116.6 million |
| Market revenue in 2030 | USD 149.4 million |
| Growth rate | 3.6% (CAGR from 2023 to 2030) |
| Largest segment | Panel-mount monitors |
| Fastest growing segment | Open Frame Monitors |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Rugged Displays, Open Frame Monitors, Panel-Mount Monitors, Marine Displays, Video Walls |
| Key market players worldwide | Samsung Electronics Co Ltd, LG Display Co Ltd ADR, Advantech, Pepperl+Fuchs, Sharp Corp, Japan Display Inc, Siemens AG, Winmate Taiwan, Innolux, Planar Systems, Maple Systems |
Other key industry trends
- In terms of revenue, Brazil accounted for 2.1% of the global industrial display market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Mexico industrial display market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 232.0 million by 2030.
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Industrial Display Market Scope
Industrial Display Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil industrial display market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to industrial display market will help companies and investors design strategic landscapes.
Panel-mount monitors was the largest segment with a revenue share of 31.99% in 2023. Horizon Databook has segmented the Brazil industrial display market based on rugged displays, open frame monitors, panel-mount monitors, marine displays, video walls covering the revenue growth of each sub-segment from 2017 to 2030.
The growth of the industrial display market in Brazil can be attributed to expanding manufacturing sector, rising demand for cutting-edge display technology, and increased use of automation and control solutions. Industrial displays are in high demand across several industries due to Brazil's expanding manufacturing industry.
For instance, government initiatives and foreign investment are causing Brazil's aerospace industry to flourish. This expansion is causing the adoption of cutting-edge display technology such as touchscreen displays and head-up displays. The need for smartphones, tablets, and other electronic devices is causing the electronics industry in Brazil to grow, thereby increasing the demand for high-quality displays.
The focus on efficiency is speeding up the adoption of energy-efficient display technologies such as LED backlighting and OLED displays. For instance, LED backlighting is used in retail displays and digital signage to lower energy expenditures and operating expenses. OLED screens are being used in smartphones and other portable electronics to extend battery life and cut down on power usage.
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Our clientele includes a mix of industrial display market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil industrial display market , including forecasts for subscribers. This country databook contains high-level insights into Brazil industrial display market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil industrial display market size, by type, 2017-2030 (US$M)
Brazil Industrial Display Market Outlook Share, 2023 & 2030 (US$M)
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