With a revenue forecast of USD 24.4 billion by 2025, up from USD 17.7 billion in 2020, the Embedded Display Market is expected to expand significantly. This represents a remarkable compound annual growth rate (CAGR) of 6.9% from 2020 to 2025. Due to developments in smart devices and human-machine interface solutions, there is an increase in demand for integrated display technologies across a number of sectors, including automotive, consumer electronics, healthcare, and industrial automation. The growing popularity of touch-based interactive displays and the incorporation of integrated displays into a variety of applications are further factors driving the market's growth and advancing the state of display technology as a whole.

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The embedded display market is expanding significantly, propelled by important factors such improvements in integrated display interface technologies and the quickening adoption of automation across a range of industries as a result of COVID-19. Additionally, the expanding demand for interactive displays and digital signs on a global scale is significantly accelerating the market's growth. The interaction of these elements has raised the focus on smart devices and human-machine interface solutions, driving embedded displays' incorporation into a variety of industries and opening up new possibilities for the display technology landscape.

The portable device segment to register higher CAGR during the forecast period

During the forecast period, the embedded display market's portable device category is predicted to rise at a faster compound annual growth rate (CAGR). This expansion can be ascribed to the many benefits portable devices provide, such as multi-touch panel options that increase engagement while preserving ease of use. Wearables, smart displays, display monitors, human-machine interfaces (HMI), and medical devices are just a few examples of the many industries where portable gadgets are used. Additionally, it is anticipated that rising demand for portable devices would be driven by the ongoing commercialization of the Internet of Things (IoT), further driving their market growth throughout the course of the projection year.

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The increase in consumer demand for electric, hybrid, and semi-autonomous vehicles to drive demand for automobile displays

Due to increased consumer demand for electric, hybrid, and semi-autonomous vehicles, the automotive displays industry within the embedded display market is anticipated to hold the biggest market share in 2025. As automakers work to give drivers an intelligent driving experience and include digital automotive networking capabilities into their vehicles, this spike in demand is anticipated to have a beneficial effect on the market for automobile integrated displays. The need for automobile displays used in numerous applications, including digital instrument clusters, central stack systems, head-up displays (HUD), navigation systems, and rear-seat entertainment screens, will rise as a result, driving the expansion of the market in the automotive industry.

North America is projected to hold largest share of Embedded Display Market in 2025

The Embedded Display Market is expected to be dominated by North America in 2025, accounting for the greatest share. The growing desire for automation in manufacturing, assembly, and supply chain processes across numerous industries is what has led to the development of smart systems with embedded displays in a variety of applications, which has contributed to the region's popularity. The increased interest in smart homes and smart buildings, which has aided in the creation of smart cities in the region, is another factor driving the market's expansion in North America. The demand for home automation devices has increased as a result of government initiatives to assist the development of smart cities, which has improved the climate for the expansion of embedded displays in North America.

Key Players

Avnet, Inc., Ansys, Emerging Display Technologies (EDT), Winstar Display, Alita, Green Hills Software (GHS), Microsoft, Planar Systems, Intel, and Anders Electronics are the key players in the Global Embedded Display Market. These players are increasingly undertaking strategies such as product launches and development, expansions, partnerships, collaborations, and acquisitions to increase their market share.

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