Product Code: ETC4452145 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India industrial IoT display market import shipment demonstrated a robust growth trend from 2020 to 2024, indicated by a significant CAGR of 23.7%. The growth momentum continued into the last year, with a growth rate of 14.4% between 2023 and 2024. The market expanded steadily, showing strong and stable growth throughout the period.
The Industrial Internet of Things (IIoT) is transforming manufacturing and industrial processes in India. The industrial IoT display market is a critical component, enabling real-time monitoring, control, and data visualization in industrial settings. As businesses embrace Industry 4.0 and seek to improve operational efficiency, the demand for specialized industrial IoT displays is growing, fostering smart and connected manufacturing environments.
The India Industrial IoT (IIoT) display market is being primarily driven by the rapid digital transformation across industries. Manufacturers are increasingly adopting IIoT solutions to enhance operational efficiency, reduce downtime, and monitor machinery health in real-time. Displays play a pivotal role in presenting actionable data to operators and management. Additionally, government initiatives like "Make in India" and "Digital India" are encouraging the integration of IIoT displays into various sectors. The demand for more sophisticated and rugged displays that can withstand harsh industrial environments is on the rise. This market`s future growth will be intertwined with the expansion of IIoT applications across manufacturing, energy, and transportation sectors.
In the industrial IoT display market, challenges include the need for rugged, high-visibility displays that can withstand harsh industrial environments. Ensuring the reliability and long-term operation of these displays is crucial. Manufacturers must also provide solutions that are compatible with a variety of industrial IoT devices and communication protocols.
The COVID-19 pandemic has had a significant impact on various technology markets in India, including the industrial Internet of Things (IIoT) display market. With lockdowns and restrictions in place, several industries faced disruptions in their operations, impacting the demand for IIoT displays. However, as companies adapted to remote working and digital transformation, the need for real-time data visualization and monitoring grew. This led to an increased interest in IIoT displays, as they played a crucial role in facilitating remote monitoring and control of industrial processes. Despite the initial challenges, the India IIoT display market exhibited resilience and adapted to the new normal by leveraging digital technologies to ensure business continuity.
In the fast-growing industrial Internet of Things (IoT) display market in India, key players like LG Display, Samsung Electronics, Sharp Corporation, and BOE Technology Group are at the forefront. They offer high-quality displays and touchscreens that are integrated into various industrial IoT applications, enabling better data visualization and decision-making.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Industrial IoT Display Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Industrial IoT Display Market Revenues & Volume, 2021 & 2031F |
3.3 India Industrial IoT Display Market - Industry Life Cycle |
3.4 India Industrial IoT Display Market - Porter's Five Forces |
3.5 India Industrial IoT Display Market Revenues & Volume Share, By Technology , 2021 & 2031F |
3.6 India Industrial IoT Display Market Revenues & Volume Share, By Application , 2021 & 2031F |
3.7 India Industrial IoT Display Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F |
3.8 India Industrial IoT Display Market Revenues & Volume Share, By Panel Size, 2021 & 2031F |
4 India Industrial IoT Display Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of Industry 4.0 technologies in Indian manufacturing sector |
4.2.2 Growing demand for real-time data monitoring and analytics in industrial processes |
4.2.3 Government initiatives promoting digitalization in industries |
4.3 Market Restraints |
4.3.1 High initial investment and integration costs for implementing IoT display solutions |
4.3.2 Concerns regarding data security and privacy in industrial IoT applications |
5 India Industrial IoT Display Market Trends |
6 India Industrial IoT Display Market, By Types |
6.1 India Industrial IoT Display Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 India Industrial IoT Display Market Revenues & Volume, By Technology , 2021-2031F |
6.1.3 India Industrial IoT Display Market Revenues & Volume, By TFT-LCD, 2021-2031F |
6.1.4 India Industrial IoT Display Market Revenues & Volume, By LED, 2021-2031F |
6.1.5 India Industrial IoT Display Market Revenues & Volume, By OLED, 2021-2031F |
6.1.6 India Industrial IoT Display Market Revenues & Volume, By E-Paper display, 2021-2031F |
6.2 India Industrial IoT Display Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Industrial IoT Display Market Revenues & Volume, By Human Machine Interface, 2021-2031F |
6.2.3 India Industrial IoT Display Market Revenues & Volume, By Remote Monitoring, 2021-2031F |
6.2.4 India Industrial IoT Display Market Revenues & Volume, By Interactive Display, 2021-2031F |
6.2.5 India Industrial IoT Display Market Revenues & Volume, By Electronic Shelf Labels, 2021-2031F |
6.2.6 India Industrial IoT Display Market Revenues & Volume, By Others (Digital Signage, Imaging, Video Walls), 2021-2031F |
6.3 India Industrial IoT Display Market, By End-Use Industry |
6.3.1 Overview and Analysis |
6.3.2 India Industrial IoT Display Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.3.3 India Industrial IoT Display Market Revenues & Volume, By Healthcare, 2021-2031F |
6.3.4 India Industrial IoT Display Market Revenues & Volume, By Energy & Power, 2021-2031F |
6.3.5 India Industrial IoT Display Market Revenues & Volume, By Transportation, 2021-2031F |
6.3.6 India Industrial IoT Display Market Revenues & Volume, By Others (Oil & Gas and Mining), 2021-2031F |
6.4 India Industrial IoT Display Market, By Panel Size |
6.4.1 Overview and Analysis |
6.4.2 India Industrial IoT Display Market Revenues & Volume, By Less than 10??, 2021-2031F |
6.4.3 India Industrial IoT Display Market Revenues & Volume, By Between 10??and 20??, 2021-2031F |
6.4.4 India Industrial IoT Display Market Revenues & Volume, By More than 20??, 2021-2031F |
7 India Industrial IoT Display Market Import-Export Trade Statistics |
7.1 India Industrial IoT Display Market Export to Major Countries |
7.2 India Industrial IoT Display Market Imports from Major Countries |
8 India Industrial IoT Display Market Key Performance Indicators |
8.1 Average time saved in data analysis and decision-making processes |
8.2 Increase in operational efficiency and productivity due to IoT display implementation |
8.3 Percentage reduction in downtime and maintenance costs for industrial machinery |
9 India Industrial IoT Display Market - Opportunity Assessment |
9.1 India Industrial IoT Display Market Opportunity Assessment, By Technology , 2021 & 2031F |
9.2 India Industrial IoT Display Market Opportunity Assessment, By Application , 2021 & 2031F |
9.3 India Industrial IoT Display Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F |
9.4 India Industrial IoT Display Market Opportunity Assessment, By Panel Size, 2021 & 2031F |
10 India Industrial IoT Display Market - Competitive Landscape |
10.1 India Industrial IoT Display Market Revenue Share, By Companies, 2024 |
10.2 India Industrial IoT Display Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |