Rugged Display Market

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Rugged Display Market Report-Forecast 2023
Rugged Display Market Forecast 2023
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1 Copyright 2017 Market Research Future.
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Rugged Display Market Forecast 2023
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Rugged Display Market Forecast 2023 Summary The
report published by Market Research Future (MRFR)
states that the global rugged display market is
anticipated to exhibit moderate expansion at a
CAGR of 5 during the forecast period of
2017-2023 and reach the market valuation of USD
10 Bn by the end of the year 2023. Rugged
displays are flat panel displays that are durable
enough to adapt to extreme environmental
conditions. Increased incorporation of rugged
displays in various sectors such as military and
defense, oil and gas, aerospace and others are
majorly contributing to the expansion of the
global rugged display market. Increased
investments for the development of advanced
devices to fulfill the growing demand from
commercial and industrial sectors is also fueling
the growth of the global rugged displays market.
However, high cost of devices is likely to
restrain the growth of the global rugged
displays market during the forecast period.
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Rugged Display Market Forecast 2023 Major Key
Players The prime players profiled by MRFR that
are operating in the global rugged display
market are Sparton Corporation (the U.S), Xplore
Technologies Corporation (the U.S), Panasonic
Corporation (Japan), Chassis Plans (the U.S),
Sonim Technologies Inc. (the U.S.), Kyocera
Corporation (Japan) and others.
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Rugged Display Market Forecast 2023
Segmentation
The global rugged display market has been
segmented on the basis of type, ruggedness,
operating system, end- users and region. Based on
type, the global rugged display market has been
segmented into dot-matrix, liquid crystal display
(LCD), light- emitting diode (LED) and others.
The liquid crystal display (LCD) segment is
projecting tremendous growth in the global rugged
display market owing to its properties such as
comparatively low power consumption, compact
size, and cheaper cost. Based on ruggedness,
the global rugged display market has been
segmented into semi- rugged, fully rugged,
ultra-rugged and others. The fully rugged segment
is expanding at a significant growth rate owing
to the high demand for these displays in various
industrial sectors such as oil gas, mining, and
logistics due to their ability operate optimally
in extreme weather conditions. Based on
operating system, the global rugged display
market has been segmented into iPhone operation
system (iOS), windows, android, and others. The
android segment is witnessing high growth
potential owing to the frequent release of new
devices, availability of multiple options in
affordable price range and proliferation in
market entrants investing in the global rugged
display market. Based on end-users, the global
rugged display market has been segmented into
government and defense, aerospace, industrial,
hospitals, commercial and others. The ability of
rugged displays to withstand harsh environmental
conditions has led to incorporation and optimum
utilization of this technology in the defense,
aerospace and industrial sectors.
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Rugged Display Market Forecast 2023 Regional
Analysis Geographically, the global rugged
display market has been segmented into four major
regions such as Europe, North America, Asia
Pacific (APAC) and the rest of the world. The
North America region is projecting dominance over
the global rugged display market owing to the
increased investment for technological
advancement, easy adoption of technologically
advanced devices and increased incorporation of
rugged displays in various industrial sectors
such as Military and defense, aerospace,
government, oil and gas industry, and others.
Increased incorporation of rugged displays in
healthcare sector and introduction of innovative
products by the manufacturers in order to gain
competitive edge in the global market are
propelling the growth of the rugged display
market in the Europe region. Increasing
popularity of adventure sports video blogging
and increasing demand for highly durable
portable devices are fueling the growth of the
rugged displays market in the Asia Pacific
region.