Industrial Marine Displays Market Report 2024 (Global Edition)

Global Industrial Marine Displays Market Report 2024 Market Size Split by Type (LCD, LED, OLED, E-Paper Display), by Panel Size (Up to 14", 14–21", 21–40", 40" and Above), by Application (Remote M...

Industrial Marine Displays Market Report Description

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Industrial Marine Displays Market Insights Video

Competitive Landscape of the Industrial Marine Display Market

The competitive landscape of the industrial marine display market is characterized by a wide range of players competing to gain market share through product innovation, strategic partnerships, and aggressive marketing efforts. Major players in the market account for a considerable share of the market and are concentrating on expanding their customer base across the world.

In February 2019, Emerson announced that it had completed the purchase of Intelligent Platforms from General Electric. The addition of Intelligent Platforms programmable logic controller (PLC) technologies will enable the company to expand its capabilities in machine control and discrete applications.

Top Companies Market Share in Industrial Marine Displays Industry: (In no particular order of Rank)

• Samsung Display Co.
• Ltd. (South Korea)
• LG Display Co.
• Ltd. (South Korea)
• Panasonic Corporation (Japan)
• Advantech Co.
• Ltd. (Taiwan)
• NEC Display Solutions (Japan)
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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Regional Analysis of Industrial Marine Display Market

Which Region Dominates the Industrial Marine Display Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. North America emerged as the dominant region in the industrial marine display market due to the comprehensive marine industry and strict regulations necessitating cutting-edge monitoring systems. With an emphasis on security, efficiency, and compliance, industries such as shipping, offshore energy, and naval processes need robust display solutions for real-time data visualization. This drives the need for high-performance industrial marine displays in the region.

Which Region is Expanding at the Fastest CAGR?

Asia Pacific stands out as the fastest-growing region in the industrial marine display market due to the region’s burgeoning need for advanced navigation systems and rising investments in naval defense. With an emphasis on improving situational awareness and operational efficiency, the adoption of ruggedized displays for severe marine environments is surging. This region's strategic location and economic expansion further fuel the need for industrial marine displays.

The current report Scope analyzes Industrial Marine Displays Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Industrial Marine Displays Market

According to Cognitive Market Research, the global industrial marine display market size was estimated at USD 5158.2 Million, out of which North America held the major market of more than 40% of the global revenue with a market size of USD 2063.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031. In North America, the industrial marine display market exhibits due to increasing demand from sectors like shipping, offshore oil and gas, and naval defense. These displays offer rugged durability, high performance, and advanced functionalities, essential for maritime operations, thereby driving market expansion. Moreover, the 14”-21” panel size is ideal for daily industrial operations and factory applications and generally includes TFT, LCD, or plasma technologies. These displays are designed to protect computers and screens from physical impact, dust, grease, oil, water splashes, metal shavings and filings, and theft. In conclusion, North America presents a lucrative market opportunity for industrial marine display due to the rising penetration of multi-featured human-machine interface (HMI) devices.

• According to Cognitive Market Research, the US had a major share in the industrial marine display market, with a market size of USD 1627.93 million in 2024. The market is projected to grow at a CAGR of 4.0% during the forecast period. The demand is amplified by the nation's advancement in industrial marine display equipment.
• The Canadian industrial marine display market had a market share of USD 247.59 million in 2024 and is projected to grow at a CAGR of 5.0% during the forecast period. Introduction of innovative technology applications by Canadian companies.
• The Mexico industrial marine display market is projected to witness growth at a CAGR of 4.7% during the forecast period, with a market size of USD 187.76 million in 2024

Europe Industrial Marine Displays Market

According to Cognitive Market Research, the global industrial marine display market size was estimated at USD 5158.2 Million, out of which Europe held the market of more than 30% of the global revenue with a market size of USD 1547.46 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.5% from 2024 to 2031. In Europe, the market is driven by the region's rising preference for using industrial displays, which can be attributed to rising automation, the increasing demand for safer and more effective workplaces, and rising expenditures on cutting-edge technology. Moreover, increasing demand for touchscreen computer equipment in heavy-duty work environments is expected to propel the 21"-40" segment market. The monitors and touch screen panels include anodized coatings with stainless-steel chassis and are designed to offer operators better durability and operation across wide temperature ranges. In conclusion, Europe represents a lucrative market for industrial marine display manufacturers, driven by the increase in investment in research and development.

• The United Kingdom's industrial marine display market had a market share of USD 259.97 million in 2024 and is projected to grow at a CAGR of 5.3% during the forecast period. Industrial marine display sales in the UK are witnessing an upswing due to the nation's growing adoption of automation and improved driver assistance systems.
• The France industrial marine display market is projected to witness growth at a CAGR of 3.7% during the forecast period with a market size of USD 142.37 million in 2024.
• According to Cognitive Market Research, the German industrial marine display market size was valued at USD 306.40 million in 2024 and is projected to grow at a CAGR of 4.7% during the forecast period. In Germany, industrial marine displays surged due to the presence of major market players.
• The Italian industrial marine display market is projected to witness growth at a CAGR of 3.9% during the forecast period, with a market size of USD 133.08 million in 2024.
• The Russia industrial marine display market is projected to witness growth at a CAGR of 3.5% during the forecast period, with a market size of USD 239.86 million in 2024.
• The Spanish industrial marine display market is projected to witness growth at a CAGR of 3.6% during the forecast period, with a market size of USD 126.89 million in 2024.
• The Luxembourg industrial marine display market is projected to witness growth at a CAGR of 4.6% during the forecast period, with a market size of USD 47.97 million in 2024.
• The Portugal industrial marine display market is projected to witness growth at a CAGR of 4.3% during the forecast period, with a market size of USD 32.50 million in 2024.
• The Greece industrial marine display market is projected to witness growth at a CAGR of 4.8% during the forecast period, with a market size of USD 18.57 million in 2024.
• Rest of Europe's industrial marine display market is projected to witness growth at a CAGR of 3.2% during the forecast period, with a market size of USD 239.86 million in 2024

Asia Pacific Industrial Marine Displays Market

According to Cognitive Market Research, the global industrial marine display market size was estimated at USD 5158.2 Million, out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 1186.39 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.0% from 2024 to 2031. In the Asia Pacific region, the industrial marine display market exhibits robust growth prospects driven by increasing trade activities, offshore exploration, and naval modernization programs. This creates a substantial demand for advanced display solutions. Rapid industrialization and infrastructure development in countries like China, India, and South Korea have contributed to the expansion of the marine sector and the need for efficient display technologies. Additionally, the manufacturing industry has a high demand for marine industrial displays across various applications such as control panels, process monitoring, and quality control. In conclusion, the Asia Pacific region presents immense expansion opportunities owing to increasing regulations regarding the manufacturing and selling of industrial marine displays.

• According to Cognitive Market Research, the China industrial marine display market size was valued at USD 533.87 million in 2024 and is projected to grow at a CAGR of 7.5% during the forecast period. Industrial marine display sales surged in China due to the nation's technological advancements.
• The Japan industrial marine display market is projected to witness growth at a CAGR of 6.5% during the forecast period, with a market size of USD 163.72 million in 2024.
• The Indian industrial marine display market had a market share of USD 142.37 million in 2024 and is projected to grow at a CAGR of 9.8% during the forecast period. India has a presence of emerging and leading firms.
• The South Korean industrial marine display market is projected to grow at a CAGR of 7.1% during the forecast period, reaching a market size of USD 118.64 million in 2024.
• The Australia industrial marine display market is projected to witness growth at a CAGR of 7.7% during the forecast period with a market size of USD 61.69 million in 2024.
• The South East Asia industrial marine display market is projected to witness growth at a CAGR of 9.0% during the forecast period, with a market size of USD 81.86 million in 2024.
• The Rest of Asia Pacific industrial marine display market is projected to witness growth at a CAGR of 7.8% during the forecast period, with a market size of USD 84.23 million in 2024

South America Industrial Marine Displays Market

According to Cognitive Market Research, the global industrial marine display market size was estimated at USD 5158.2 Million, out of which Latin America market of more than 5% of the global revenue with a market size of USD 257.91 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2031. In Latin America, the industrial marine display market showcases promising growth prospects driven by the region's technological advancements and large-scale manufacturing capabilities, which attract global manufacturers and foster innovation in the marine display market. Segmentation analysis reveals a growing demand for larger screen sizes (21-40 inches) in maritime applications. Increased adoption is driven by the need for enhanced visualization and control systems in marine operations, emphasizing safety, efficiency, and navigational accuracy. In conclusion, Latin America presents significant growth opportunities driven by advancements in display technology.

• According to Cognitive Market Research, the Brazil industrial marine display market size was valued at USD 110.39 million in 2024 and is projected to grow at a CAGR of 6.0% during the forecast period. Industrial Marine Display sales flourish in Brazil due to the nation's increasing penetration of consumers towards internet connectivity.
• The Argentina industrial marine display market had a market share of USD 43.33 million in 2024 and is projected to grow at a CAGR of 6.3% during the forecast period. Argentina's integration of advanced technologies and display systems.
• The Colombia industrial marine display market is projected to witness growth at a CAGR of 5.2% during the forecast period, with a market size of USD 22.95 million in 2024.
• The Peru industrial marine display market is projected to witness growth at a CAGR of 5.6% during the forecast period, with a market size of USD 21.15 million in 2024.
• The Chile industrial marine display market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD 18.57 million in 2024.
• The Rest of Latin America industrial marine display market is projected to witness growth at a CAGR of 4.5% during the forecast period, with a market size of USD 41.52 million in 2024.

Middle East and Africa Industrial Marine Displays Market

According to Cognitive Market Research, the global industrial marine display market size was estimated at USD 5158.2 Million, out of which the Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 103.16 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031. The MEA industrial marine display market showcases promising growth prospects driven by the region's expanding maritime infrastructure and the demand for robust visualization solutions in marine applications. With stringent regulations and an increasing focus on safety, reliable display systems have become essential, driving the market growth. Segmentation analysis reveals a growing demand for ruggedized equipment in harsh marine environments. These displays facilitate real-time monitoring, navigation, and communication on ships, offshore platforms, and port operations, enhancing safety, efficiency, and productivity. In conclusion, MEA presents significant growth opportunities for the industrial marine display market due to technological advancements.

• The GCC Countries' industrial marine display market is projected to witness growth at a CAGR of 6.5% during the forecast period, with a market size of USD 44.15 million in 2024. Industrial Marine Display sales flourish due to the region's increasing adoption of innovative and advancing technologies.
• The Egypt industrial marine display market is projected to witness growth at a CAGR of 6.0% during the forecast period, with a market size of USD 10.83 million in 2024.
• The South African industrial marine display market is projected to grow at a CAGR of 6.7% during the forecast period, reaching a market size of USD 16.30 million in 2024. The region's increasing focus towards growth and expansion.
• The Turkey industrial marine display market is projected to witness growth at a CAGR of 5.2% during the forecast period, with a market size of USD 8.87 million in 2024.
• The Nigeria industrial marine display market is projected to witness growth at a CAGR of 4.8% during the forecast period, with a market size of USD 10.83 million in 2024.
• The Rest of MEA industrial marine display market is projected to witness growth at a CAGR of 4.7% during the forecast period, with a market size of USD 12.17 million in 2024

Industrial Marine Displays Market Analysis

Industrial Marine Display Market Type Segment Analysis

According to Cognitive Market Research, LCD stands out as the dominating category due to the growing need for maritime applications for navigation, monitoring, and transmission techniques. As maritime industries prioritize cutting-edge technology for efficiency and security, ruggedized LCDs deliver high visibility, durability, and opposition to harsh environmental requirements, driving their adoption.

E-paper displays emerged as the fastest-growing category in the industrial marine display market. They are suitable for applications where battery life and power saving are essential considerations because they also deliver a broad viewing angle and can maintain an image without electricity. E-paper comes in different sizes and shapes, and it can also be relaxed or even translucent, extending new innovative opportunities.

• LCD 
• LED 
• OLED 
• E-Paper Display

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Industrial Marine Displays Industry. Request a Free Sample PDF!

Industrial Marine Display Market Panel Size Segment Analysis

According to Cognitive Market Research, the 14"-21" category held the major market share due to the growing demand for rugged and dependable display solutions. These displays deliver improved durability, high brightness, and opposition to harsh marine conditions, meeting the needs of navigation, monitoring, and communication applications. The increasing adoption of cutting-edge technology for maritime operations is a critical driver propelling the market ahead.

The fastest-growing category in the industrial marine display market is 21–40" due to the growing adoption of cutting-edge monitoring and management systems. These displays encourage real-time data visualization, improving operational efficiency and security aboard ships and offshore platforms. With strict regulations and the requirement for dedicated equipment in harsh marine conditions, the need for rugged, high-performance displays continues to grow.

• Up to 14" 
• 14–21" 
• 21–40" 
• 40" and Above

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Industrial Marine Displays Application Segment Analysis

According to Cognitive Market Research, the digital signage category held the major market share due to the distinctive needs of maritime environments. These displays deliver the ruggedness, high intelligence, and reliability required for maritime applications, such as navigation, monitoring, and communication. With improvements in display technology and the digitization of maritime procedures, the need for industrial marine displays is steadily growing, driving market growth.

The fastest-growing category in the industrial marine display market is remote monitoring due to the growing adoption of remote monitoring systems in marine procedures. Remote monitoring improves vessel security, efficiency, and keeping, necessitating cutting-edge display solutions for data visualization. With strict regulations and a growing focus on maritime safety standards, the need for robust industrial marine displays supplied for remote monitoring applications is escalating, driving market expansion.

• Remote Monitoring
• Interactive Display (Kiosk)
• Digital Signage
• Imaging

Industrial Marine Displays Verticals Segment Analysis

According to Cognitive Market Research, the manufacturing category held the major market share. Manufacturing structures employ industrial displays to deliver real-time statistics on production rates, machine status, and quality control details. Additionally, they can oversee and handle automated equipment like robotics and production lines. Industrial displays can also be utilized in production for communication, safety, and employee training. They can deliver safety instructions, training movies, and other pertinent data to help staff in executing their duties more proficiently and safely.

The fastest-growing category in the industrial marine display market is energy & power, as industrial displays show real-time statistics on energy use and production, including electrical output, temperature, and pressure. They can also be utilized to operate and keep an eye on automated equipment, like power distribution systems, turbines, and generators. Industrial displays can be used in the energy and power sector for safety, communication, process management, and monitoring.

• Manufacturing
• Energy & Power
• Oil & Gas
• Metals & Mining
• Transportation

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Vinayak Bali

Senior Research Analyst at Cognitive Market Research

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