India Industrial Display Market Size & Outlook, 2023-2030
India industrial display market, 2017-2030 (US$M)
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India industrial display market highlights
- The India industrial display market generated a revenue of USD 273.5 million in 2023 and is expected to reach USD 471.4 million by 2030.
- The India market is expected to grow at a CAGR of 8.1% 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 273.5 million |
| Market revenue in 2030 | USD 471.4 million |
| Growth rate | 8.1% (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, India accounted for 4.9% 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 Asia Pacific, China industrial display market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 471.4 million by 2030.
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Industrial Display Market Scope
Industrial Display Market Companies
| Name | Profile | # Employees | HQ | Website |
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India 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 30.24% in 2023. Horizon Databook has segmented the India 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 demand for smart manufacturing solutions, the growing adoption of Industry 4.0, and the expansion of the manufacturing industry are the major factors contributing to the steady growth of the industrial display market in India. Industrial displays are used in Industry 4.0 because they offer real-time data and analytics that help manufacturers increase production, efficiency, and safety.
Industrial displays are becoming increasingly in demand across various sectors, including the automotive, aerospace, food & beverage, and pharmaceutical industries. Furthermore, LED and OLED displays are becoming more popular in India because of their low power consumption, excellent display, and flexibility.
Many different applications use these displays, including billboards, HMI devices, and digital signs. Moreover, India's manufacturing industry is expanding at a fast pace due to policies such as "Make in India" and "Digital India."
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Target buyers of India industrial display market databook
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Our clientele includes a mix of industrial display market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the India industrial display market , including forecasts for subscribers. This country databook contains high-level insights into India industrial display market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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India industrial display market size, by type, 2017-2030 (US$M)
India Industrial Display Market Outlook Share, 2023 & 2030 (US$M)
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