Rugged Display Market Is Estimated To Witness High Growth Owing To Growing Applications in Defence and Industrial Segments
SWOT Analysis
Strength: Rugged displays have high durability, reliability and longer life span compared to regular displays. They withstand extreme climatic conditions and can operate in temperature ranges from -40°C to 70°C. Rugged displays offer IP65 and IP68 rating for protection against dust, moisture and water. The touch screen interfaces of rugged displays provide ease of use in harsh environments.
Weakness: Rugged displays have higher initial costs compared to regular displays due to additional protections and certifications. Development of ruggedized components for displays increases complexity and costs.
Opportunity: Growing demand for tablets and handheld devices for use in harsh outdoor conditions will boost adoption of rugged displays. Increasing investments by governments and private sectors in transportation, utilities, and construction will augment the rugged display market.
Threats: Emergence of alternative technologies like electronic paper displays pose competition to rugged displays. Significant price reductions of regular displays and touchscreens can reduce advantages of rugged displays.
Key Takeaways
Global Rugged Display Market Size is expected to witness high growth, exhibiting a CAGR of 8.3% over the forecast period, due to increasing demand for ruggedized solutions from military, transportation, and industrial sectors which require monitors and screens to operate under harsh environmental conditions.
Regional analysis: North America dominates the rugged display market currently accounting for over 30% market share in 2023 due to large defense budgets and ongoing modernization initiatives in the US and Canada. Asia Pacific is expected to witness the highest growth in rugged display market exhibiting a CAGR of around 9.5% during 2023-2030. This can be attributed to the expanding electronics manufacturing industry and growing investments in transportation infrastructure development projects in China and India.
Key players: Key players operating in the rugged display market are Dell Inc., Curtiss-Wright Corp., Getac Technology Corp., General Dynamics Corp., Zebra Technologies Corp., L3 Technologies Inc., Panasonic Corporation, Scio Teq, Sparton Corp., Crystal Group Inc., Kyocera Corp., and Beijer Electronics Group AB. Dell Inc. offers the highest variety of rugged laptops, tablets, and monitors for defense, public safety, utilities, and industrial applications.
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