Industrial Touch Screen Display Market Surpass $1.46 Billion By 2026 | CAGR 6.5%

Author: Acumen Research and Consulting

Acumen Research and Consulting, a global provider of market research studies, in a recently published report titled “Industrial Touch Screen Display Market (Touch screen Type - Resistive, Capacitive, Surface Acoustic Wave, Infrared; Component - Hardware (Display, Touch Sensor, Controller), Software; End use Industry - Oil and Gas, Chemical, Food and Beverages, Mining and Metal, Automotive) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026”, forecasts that the global market for industrial touch screen dispaly market is expected to grow at a CAGR of around 6.5% from 2018 to 2026 and reach the market value of over $1.46 billion by 2026. Rising demand for multi-featured Human Machine Interface (HMI) devices, increasing adoption of Industrial Internet of Things (IIoT), and rapidly growing adoption of smart industrial displays are likely to contribute the growth to the market. The industrial touch screen display market is gaining its importance on account of advanced features accessible by the displays which include radio frequency identification (RFID), touch detector and touch screen panels, resistance to high temperature, dust, chemicals, shocks, scratch, vibrations, and Ethernet connectivity. The industry offers a huge investment opportunity such as the displays are the best replacement for outdated push-button technology and manual processes. Furthermore, the rising customization trend helps to drive customers to meet their exact requirement. Moreover, the industrial touch screen display market share is likely to grow significantly due to innovation of infrared screen coupled with features such as gesture sensor. However, the factor acting as a hurdle in the adoption of the touch screen display technology is the increasing costs and low availability of raw materials, therefore affecting prices of industrial touch screen displays.

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Application Of Touch Screen Display Is Growing Adoption In Food And Beverages Industry

Industrial touch screen display is a best choice to use in the food processing industry. As the use of touch screen technology has increased, industries have a great degree of control, precision, and usability over digital interfaces. The food processing has rugged touch screen display as this industry have to face different challenges compared to other industries. Food processing industry has to follow stringent rules and regulations regarding contamination, as it is highly concern regarding handling and keep free of contamination. Rugged touch screen display play a crucial role in food processing industry as it keeps free of contamination and starch resistant which are the factors contributing growth to the market. Moreover, there are many different industrial applications of touchscreen technology due to their durability and rugged builds. Industrial touch screen display is designed to endure harsh conditions that are custom in the food processing industry. This means extended low-light or sunlight-readable capability, waterproof-sealed capabilities, and durable chassis that can resist punctures, cracks and breaks.

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Regional Outlook

Europe is projected to hold a leading share of the global industrial touch screen market during the forecast period, followed by North America and the Asia Pacific. In Europe, this market is flourishing due to technological advancements. North America is a prominent region of an industrial touch screen display market owing to the presence of a wide number of manufacturers of display panels. Furthermore, the increasing adoption trend for industrial touch screen display market is expected to witness in the upcoming years due to the transformation of computing platforms and digitalization. Many manufacturers are customizing a solution for users by integrating commercial PC technologies. Moreover, in Asia Pacific the market is anticipated to thrive during the forecast period, due to ongoing technological innovations in the region.

Key Players

The global industrial touch screen display market not only studies the top key players but also takes into consideration the role of the small and medium scale enterprises. Technological advancement has given the boost to the industry which is leading to new opportunities and invites new players in form of start-ups. Some of the key players operating in the global force sensor market, profiled in the report include Advantech Co., Ltd, Cypress Semiconductor Corporation, Dell, Inc., B&R Industrial Automation GmbH, Elo Touch Solutions, Inc., Fujitsu Ltd., Hewlett Packard Enterprise, LG Electronics, Panasonic Corporation, Planar Systems, Kontron AG, Schneider Electric S.E., Siemens AG, Beckhoff Automation GmbH & Co. KG, Captec Ltd., American Industrial Systems, and among others.

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