According to a new market research report "Embedded Display Market by Technology (LCD, LED, OLED), Industry (Automotive, Construction equipment, Medical, Fitness equipment, Wearables, Home appliances, HVAC, Industrial automation) & Geography - Forecast to 2020", the Embedded Display market is expected to reach $12.8 billion by 2020 growing at a CAGR of 12.44% between 2014 and 2020.
Browse 73 market data tables and 81 figures spread through 162 pages and in-depth TOC on “Embedded Display Market - Forecast to 2020"
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Embedded display is the fastest and easiest way to implement a color display interface with various features such as smooth touch screens, embedded functions, and a good GUI at a low price. It provides increased flexibility and power saving with greater display efficiency. There are also various embedded systems which enable the embedded display to be implemented in a variety of applications or industries. With the help of different technologies such as LED, LCD, OLED, AMLCD, TFT, the adaptability of embedded displays in various systems and devices has increased. The application of embedded displays is growing in the automotive sector due to products like Windows automotive embedded by Microsoft Corp.(U.S.) and HUDs with embedded display. Major segments in the market are automotive, fitness equipment, medical and industrial automation/controls. The use of embedded display is now growing in some of the major sectors due to cost efficiency and technological change, leading to increase in its credibility and its market size. The major reason for the growth of the market is the shifting focus of advanced display technologies from Ultrabooks and Smartphones & Tablets to various products in sectors such as automotive, medical, and home automation.
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Embedded display is an emerging technology that enables an easy implementation of the color display interface in various features such as touch screens, embedded functions, and GUIs at an affordable price. It provides increased flexibility and power savings with greater display efficiency. Embedded display is a device that allows to program product features and functions, adapt to new standards, as per the applications. It is considered inevitable for most applications which are high-end and require different functionality like low cost, high efficiency and user friendly. Embedded displays have gone through several technological advancements due to the continuous demand in the market for low costs and high performance.
Geographically, the embedded display market is segmented into North America (the U.S., Canada, and others), Europe (Germany, the U.K., France, and others), APAC (China, Japan, Korea, India, and others) and the Rest of the World (the Middle East & Africa, South America, and others).The North American market accounted for the largest share of ~35% in 2013 and is estimated to grow at a CAGR of 13.27% between 2014 and 2020. The APAC region is also expected to grow at a high CAGR of 12.22% between 2014 and 2020. Main factors for the growth of embedded displays market are the increasing demand for embedded displays in high-end devices in automotive and medical sectors and features such as low cost, high efficiency, and user-friendly operation.
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Players involved in the development of the embedded display market include Avnet, Inc. (U.S.), AndersDX (U.K.), Multitouch Ltd. (Finland), Esterel Technologies SA (France), Planar Systems, Inc. (U.S.), Altia Inc. (U.S.), ENEA AB (Sweden), Green Hills software, Inc. (U.S.), Intel Corp. (U.S.) and Microsoft Corp. (U.S.)
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