Market Size of Rugged Display Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 10.39 Billion |
| Market Size (2029) | USD 12.91 Billion |
| CAGR (2024 - 2029) | 4.43 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Rugged Display Market Analysis
The Rugged Display Market size is estimated at USD 10.39 billion in 2024, and is expected to reach USD 12.91 billion by 2029, growing at a CAGR of 4.43% during the forecast period (2024-2029).
The market is anticipated to witness a stimulating growth during the forecast period, owing to an increasing demand from various end-user industries.
- For instance, oil and gas companies need to monitor and maintain assets that cover vast tracts of land both onshore and offshore. These companies need to guarantee asset integrity and proactively spot and manage potential issues in a fast and effective manner. This is required to minimize downtime and maximize productivity, ensuring continuous operation, thus, needs rugged display devices.
- Rugged display devices come with various advance features, such as improved impact resistance, durability, dust and moisture resistance, readability, wide temperature range, improved contrast ratio, higher display brightness, and low-power consumption, which may positively impact the global market.
- The key drivers that have driven the market growth are cut in the total cost of ownership (TCO) offered by ruggedized products, when compared to consumer-grade devices in rough environments and rapid growth in the demand for HMI and IoT in different industrial sectors.
- However, COVID-19 has impacted businesses of several industries, hampering automation and industrial process control. This has impacted the use of HMI, SCADA, and distributed control systems. The impact of COVID-19 on this ecosystem of industrial control systems has challenged the rugged industrial displays market.
