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Embedded Display Market Size
Embedded Display Market is expected to witness robust growth during 2024-2032, driven by the rising demand for smartphones, tablets, wearable devices, and automotive infotainment systems along with the growing adoption of technologies to deliver intuitive user interfaces. According to recent reports, in 2023, over 219 million people worldwide used smartwatches. Additionally, the growing adoption of Internet of Things (IoT) devices, digital signage solutions, and smart appliances is fueling the demand for embedded displays integrated with touchscreens, sensors, and connectivity features.
Embedded Display Market Trends
The proliferation of IoT devices has led to the increased demand for embedded displays that can seamlessly integrate into interconnected ecosystems. Embedded displays in IoT devices provide users with real-time feedback, status updates, and control interfaces for enhancing the functionality and utility of connected devices. In smart home thermostats, wearable fitness trackers, and industrial sensor nodes, embedded displays facilitate user interaction and data visualization in IoT applications.
With the rising technology progression, there is a constant push for higher resolution displays in embedded systems as they are used in applications where visual clarity is paramount, such as medical imaging devices, industrial control panels, and automotive dashboards. Moreover, the dire need for ensuring that users can view intricate details with clarity for enhancing the overall user experience and utility will add to the industry growth.
Embedded Display Market Analysis
The market share from the light emitting diode (LED) displays technology segment is expected to grow substantially by 2032, as they offer several advantages, including high brightness, low power consumption, and long lifespan. This is making them ideal for embedded applications in consumer electronics. Furthermore, the flexibility of LED displays enables curved and flexible form factors, further opening new possibilities for innovative product designs and user interfaces.
Embedded displays market size from the healthcare application segment is poised to grow rapidly between 2024 and 2032. Embedded displays integrated into medical devices, patient monitors, and diagnostic equipment provide healthcare professionals with real-time data visualization and diagnostic imaging. Advanced features, such as touchscreens, gesture recognition, and wireless connectivity enable seamless interaction and communication between healthcare providers and patients. These displays also facilitate telemedicine and remote patient monitoring applications for enhancing access to healthcare services and improving patient outcomes.
Asia Pacific embedded display market is anticipated to gain prominence by 2032, driven by the rapid expansion of consumer electronics manufacturing, automotive production, and industrial automation across the region. Countries, such as China, Japan, South Korea, and India are witnessing robust demand for embedded display solutions in smartphones, automotive infotainment systems, smart home devices, and industrial control panels. Moreover, the increasing adoption of IoT technologies, smart city initiatives, and digitalization efforts are creating new opportunities for embedded display vendors, adding to the regional market growth.
Embedded Display Market Share
Key companies operating in the global embedded display industry are:
- Winstar Display Co., Ltd.
- Ansys, Inc.
- NextGen Multitouch
- Avnet, Inc.
- Andres Electronics Experts
- Schweitzer Engineering Laboratories
These industry participants are focusing on continuous R&D activities to provide technically advanced products to meet the end-user requirements.
Embedded Display Industry News
- In September 2023, privately owned ship-building company JDI's eLEAP OLED technology marked a historic breakthrough with superior performance and affordability, boasting extended lifetime, brightness, and energy efficiency due to its innovative, cost-effective manufacturing process.