by The global Rugged Display Market is estimated to be valued at US$ 9.75 Bn in 2023 and is expected to exhibit a CAGR of 8.3% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Rugged display products are designed for use in harsh environmental conditions such as extreme temperatures, constant vibrations, humidity and wide temperature ranges. They are scratch, shock and vibration resistant with features such as anti-reflective coatings and filters for readability in high-light conditions. These displays are used in defence, industrial and commercial applications where standard consumer displays would fail.
Market key trends:
One of the key trends in the rugged display market is technological advancements enabling high resolution displays with advanced input functionalities in compact form factors. Manufacturers are focusing on developing lightweight and slim rugged displays with interactive touchscreens and advanced input features like gesture and pen controls. These technologically advanced rugged displays are finding increasing demand fromcommercial applications like oil and gas exploration, mining, airlines, railways and manufacturing utilities besides defence and military uses.
SWOT Analysis
Strength: Rugged displays can withstand harsh environmental conditions like extreme temperatures, shock/vibration, humidity etc. making them suitable for outdoor applications. They offer high durability and longevity.
Weakness: Rugged displays come with a higher price tag compared to regular commercial displays. They also have limited screen sizes of less than 12 inches.
Opportunity: Growing demand for rugged displays from industries like military & defense, industrial, oil & gas etc. due to focus on field force automation could drive market growth. Increasing application of AI and IoT technologies also present an opportunity.
Threats: Availability of cheaper alternatives and growing popularity of tablet PCs pose a threat to the rugged display market. Market consolidation due to mergers and acquisitions among key players is another threat.
Key Takeaways
The Global Rugged Display Market Growth is expected to witness high, exhibiting CAGR of 8.3% over the forecast period, due to increasing demand from industries like military & defense, oil & gas and manufacturing industries for field force automation.
Regional analysis: North America captured over 30% of the global rugged display market share in 2022 owing to large defense budgets and ongoing modernization programs in the region. Asia Pacific is expected to witness the fastest growth due to rising automation and increasing oil & gas activities in various APAC countries.
Key players operating in the Rugged Display market are Dell Inc., Curtiss-Wright Corp., Getac Technology Corp., General Dynamics Corp., Zebra Technologies Corp., L3 Technologies Inc., Panasonic Corporation, Scio Teq, Sparton Corp., Crystal Group Inc., Kyocera Corp., and Beijer Electronics Group AB. Dell Inc. and General Dynamics Corp. captured over 20% of the market share in 2022.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
