Terminal LCD Displays Market to Reach US$18.50 bn by 2022 | Automation.com

Terminal LCD Displays Market to Reach US$18.50 bn by 2022

Terminal LCD Displays Market to Reach US$18.50 bn by 2022

According to a new market report published by Transparency Market Research entitled, “Terminal LCD Displays Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2022,” the global terminal LCD displays market was worth US$13.09 bn in 2014 and is expected to reach US$18.50 bn by 2022, expanding at a CAGR of 4.3% from 2015 to 2022. North America was the largest market for terminal LCD displays in 2014. Growth in this region is attributed to its fast innovation and development in technology contributing to retail, healthcare, and industrial automation products.

 

Browse the full Market Research Report at-     http://www.transparencymarketresearch.com/terminal-lcd-displays-market.html

 

Terminal LCD displays are widely deployed in applications that demand an energy-efficient and cost-effective display systems. This is because terminal LCD displays allow for the display of data or information as per the application and demand. Terminal LCD displays are commonly deployed for home automation and HMI industrial products, including HMI touch panels, industrial PCs, operator interface terminals, and small-sized panels. The installation of LCD displays in medical equipment due to low cost is also picking up gradually. This is largely due to the development of advanced terminal LCD displays with high brightness and an enlarged viewing angle.

 

With the technological advancements of terminal LCD displays providing a wide viewing angle and high brightness and contrast at very low cost, industries prefer the use of these displays instead of switching to alternative technologies such as OLED displays. The rapid expansion of the consumer electronics market, along with technological advancements, has provided necessary momentum for market growth. With the application of LCD displays in home automation products, HMI industrial products and medical equipment, demand for terminal LCD displays is expected to soar during the forecast period.

 

On the basis of types of LCD display, the global terminal LCD displays market is segmented into conventional LCD displays and surface-mounted LCD displays. In 2014, conventional LCD displays were the most preferred displays, and accounted for around 80% of the revenue of the overall terminal LCD displays market. Moreover, these displays are expected to expand at a CAGR of 4.2% from 2015 to 2022. The most significant factor driving the market for conventional LCD displays is their low cost, high durability, and their wide range of applications including computer monitors, retail sector products, industrial panels, medical devices, and consumer devices.

 

Based on technology, the global terminal LCD displays market is segmented into TFT LCD displays and monographic LCD displays. In 2014, among these, TFT LCD displays were the most preferred displays, and accounted for around 70% of the revenue of the overall terminal LCD displays market. Moreover, these displays are expected to expand at a CAGR of 4.7% from 2015 to 2022. The most significant factor driving the market for TFT LCD displays is their enhanced color, contrast, and picture quality.

 

In terms of various applications, the terminal LCD displays market is segmented into medical equipment and diagnostic products, HMI industrial products, home automation products, and retail sector products. In 2014, medical equipment and diagnostic products held the largest revenue share of around 40% of the overall terminal LCD displays market. Terminal LCD displays deployed in medical equipment and diagnostic products are expected to expand at the fastest CAGR in terms of revenue during the forecast period from 2015 to 2022.

 

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Geographically, North America is the largest market for terminal LCD displays, globally. In 2014, North America accounted for around 30% of the overall terminal LCD displays market revenue share. Furthermore, Asia Pacific is expected to witness the fastest growth during the forecast period. China, India, Japan, Australia, and South Korea are among the major markets for terminal LCD displays market in this region. The key players of the global terminal LCD displays market include Baxter International Inc., General Electric Co., Johnson and Johnson, Medtronic Inc., Siemens AG, Novartis AG, Koninklijke Philips N.V., American Industrial Systems Inc., Bosch Rexroth Group, Mitsubishi Electric Automation, Omron Corporation, Rockwell Automation, Schneider Electric SE, Crestron Electronics, Inc., Control4 Corporation, Legrand, Casio America Inc., Toshiba Corporation, NCR Corporation, Hisene Group, Sharp Electronics Corporation, Fujitsu Ltd., and IBM Corporation.

 

The global terminal LCD displays market is segmented as follows:

 

Terminal LCD Displays Market Analysis, by Type

Conventional LCD Displays

Surface-mounted LCD Displays

 

Terminal LCD Displays Market Analysis, by Technology

TFT LCD Displays

Monographic LCD Displays

 

Terminal LCD Displays Market Analysis, by Application

 

Medical Equipment & Diagnostic Products

 

Diagnostic Imaging

CT/MRI Systems

X-Ray Systems

Endoscopes

Ultrasonography Systems

PET Systems

 

Treatment Medical Devices

Respirators

Defibrillators

Anesthesia Machines

Patient Monitors

Injection Pumps

 

Detection Analyzers

Blood Pressure Meters

Diabetes Monitors/Glucose Meters

Thermometers

Analyzers

 

HMI Industrial Products

HMI Touch Panels

Industrial PCs

Operator Interface Terminals

Rugged Touch Panel Computers

Small Sized Panels

 

Home Automation Products

Navigator Touch Screens/Panels

Media and Security Smartpad Panels

Thermostat Controller Panels

 

Retail Sector Products

Handheld Terminals

Display Kiosks

Electronics Shelf Labels (ESL)

Others

 

In addition, the report provides cross sectional analysis of the terminal LCD displays market with respect to following geographical segments:

 

North America

The U.S.

Rest of North America

 

Europe

EU5

CIS

Rest of Europe

 

Asia-Pacific

Japan

China

Oceania

South Asia

Rest of Asia Pacific

 

Middle East and Africa (MEA)

GCC Countries

Rest of MEA

 

Latin America

Brazil

Rest of Latin America

 

About Us

 

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

 

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

 

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Related Portals:
HMI & Operator Interfaces

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