Global Embedded Display Market: Overview
Embedded display is the easiest and the fastest way in which a color display interface can be implemented with features such as embedded functions, touch screens, and good GUI at low cost. This system provides flexibility and is capable of saving power with great efficiency. Embedded system is a computer-based system that consists of mechanical parts and hardware. Embedded display is normally analyzed based on the pixels per inch, which helps in providing high-resolution images. It uses less power which helps in improving chip integration and allows lightweight designs. It assists in providing standardized display panel interface, which is useful for internal connections.
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Global Embedded Display Market: Growth Factors
Different industries are widely accepting automated equipment; this factor is expected to drive the global embedded display market in future. The advancements that are made in the embedded display systems also add to the advantages to the market growth. Embedded display offers greater efficacy at a low cost thus positively enhancing the market. Specialized equipment is being developed in the embedded display thus opening ample opportunities in embedded display market. Growing use of the embedded display in the 3D systems is encouraging the market growth. However, the presence of the local players that are offering advanced features at low cost is restraining the global embedded display market to some extent.
Global Embedded Display Market: Segmentation
The global embedded display market is fragmented on the basis of vertical, technology, and geography. Based on vertical, the market is classified into automotive, wearables, medical, industrial automation, construction equipment, HVAC, fitness equipment, and home appliances. The technology segment is divided into OLED, LCD, LED, and others. Geographical diversification of the embedded display market includes North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
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Global Embedded Display Market: Regional Analysis
North America contributed the largest market share which was followed by Europe. Rising applications of the embedded display in different industrial verticals such as wearables, medical, automotive, and others anticipate fostering the global embedded display market growth. In addition, the presence of a large number of manufacturers in this region is fuelling the market in future. Asia-Pacific region emerges as a lucrative market for embedded display and it is expected to grow at a fast rate. Major developing countries such as Japan, China, and India will fuel the market growth in the near future. The governments of these regions are also granting economical help to boost the medical sector where the embedded display is used for different applications thus positively influencing the global embedded display market.
Global Embedded Display Market: Competitive Players
The major key players in the global embedded display market include Altia Inc., Microsoft Corporation, Eaton Corporation, Green Hills Software Inc., Intel Corporation, Enea AB, and Planar Systems Inc. Other players influencing the market are Schweitzer Engg Lab., Anders DX, Avnet, Inc., Multitouch Ltd., and Esterel Technologies SA.
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