Latin America Industrial Display Market Size & Outlook
Latin America industrial display market, 2017-2030 (US$M)
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Latin America industrial display market highlights
- The Latin America industrial display market generated a revenue of USD 388.0 million in 2023.
- The market is expected to grow at a CAGR of 3.8% 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.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 388.0 million |
| Market revenue in 2030 | USD 504.5 million |
| Growth rate | 3.8% (CAGR from 2023 to 2030) |
| Largest segment | Panel-mount monitors |
| Fastest growing segment | Open Frame Monitors |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Latin America region accounted for 7.0% of the global industrial display market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 2,816.9 million by 2030.
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Industrial Display Market Scope
Industrial Display Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America 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 31.62% in 2023. Horizon Databook has segmented the Latin America 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 increasing usage of automation and control solutions and the rising demand for touch-enabled displays are the main trends driving the growth of the industrial display market in Latin America. Latin America is implementing automation and control solutions to increase production, efficiency, and safety across various sectors, including the automotive, food and beverage, and pharmaceutical industries.
Industrial displays are essential in these industries because they offer real-time data and analytics to aid in better decision-making. Latin American industries, including mining, oil and gas, and transportation, require reliable, rugged displays to resist harsh environments.
These industries are expanding and implementing cutting-edge technologies, which has increased demand for these displays. Government initiatives and international investment are fueling steady growth in the Latin American manufacturing sector. This increase in numerous sectors, including the automotive, aerospace, and electronics industries, generates a substantial need for industrial displays.
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Target buyers of Latin America 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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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America industrial display market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America industrial display market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America industrial display market size, by country, 2017-2030 (US$M)
Latin America Industrial Display Market Outlook Share, 2023 & 2030 (US$M)
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