[FURL=https://www.industryarc.com/Research/Embedded-Display-Market-Research-505458?utm_source=Briefingwire&utm_medium=Pressrelease&utm_campaign=Paidpressrelease]Embedded Display Market[/FURL] size is forecast to reach $26.4 billion by 2026, growing at a CAGR of 8.2% from 2021 to 2026. The Embedded display market is estimated to witness substantial growth over the forecast period primarily due to the growing demand of Embedded displays in medical, automation, industrial, wearable and other sectors. Embedded displays are fast in executing a color LED display interface, it has features such as touch screen as well as non – touch screen along with smart graphical user interface. It comprises of hardware and software, the compatibility of Embedded displays depends on Embedded software. Increase in automated embedded devices is expected to spur the growth of Embedded display market. The factors such as greater efficiency, low price and more is contributing to the growth of this market.
Key Takeaways
The Embedded display market is estimated to witness substantial growth over the forecast period primarily due to increase in adoption of Embedded display by automation, medical, wearable and other sectors.
Due to high efficiency, longer life, high intensity, high pixel-pitch and brightness LED technology in embedded display is expected to have substantial growth over the forecast period.
Rise in adoption of automated embedded devices in the market has a great impact for the market growth of Embedded displays. The high quality display at low cost makes the Embedded displays propel into the market.
It is observed that in the recent past research and development activities for Embedded displays in North America are rising, thus creating a market for Embedded display as this has a great impact on adoption by medical, automation and other sectors.
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Embedded Display Market Segment Analysis – By Geography
Embedded Display market is dominated by North America at 36% share in 2020 followed by Europe. The Research and development activities at the industry-level in North America is continuously rising and making rapid advancement in automated embedded device technology which is increasing the adoption rate of embedded display devices in healthcare, automotive, industrial sectors, defense and others. The presence of large number of manufacturers in North America is also expected to spur the market.
Embedded display market Drivers
Increase in use automated equipment
Increase in adoption of embedded display in 3D systems
The Embedded display market is dominated by major companies such as Microsoft Corporation, Eaton Corporation, Green Hills Software Inc., Intel Corporation, Anders DX, Avnet Inc., Planar Systems, EDT, and Ansys.
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