Market Overview
The demand for advanced display technology in different
sectors to display high-resolution images has developed the Rugged Display
Market. The features of the rugged displays such as high quality, durability,
proper brightness and protection are surging its demand among the end-users.
The rugged displays protect the projects from damages over time and expand the
LCD's lifespan; hence these are highly preferred.
The major drivers of the Rugged
Display Market are accelerating the global market. The military sectors
prominently drive the market, as these displays are used in military equipment
and weaponry.
The heavy investment by the government and defense sectors is
raising the market's growth opportunities. The investment is mostly done in
research and development activities. This development enhances the growth of a
new generation with advanced technological features and effective, rugged
displays. This will propel the CAGR value of the market during the evaluation.
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During the pandemic period, the restrictions implemented by
the governments had affected the Rugged Display Market when the supply of raw
materials was delayed, which destructed the production and supply chain
process. The manufacturers found it difficult to get the source for raw
materials when the transportation was restricted. This led them to spend higher
costs on these devices and sell them at expensive rates to the customers, which
decreased the market's demand. But in the post-pandemic period, the market will
notice progressive results due to the rising opportunities.
The Rugged Display Market is projected to register a CAGR of 5
% between 2017 to 2023. The market will reach a good value of USD 10 Billion by
2023 during the forecast period.
Market Segments
The Rugged Display Market is segmented into segments such as
type, operation system, rugged and end-users.
The type section of the market consists of DOT Matrix, LED,
LCD and others. The operation system is categorized into iOS (iPhones),
windows, android and others. The rugged displays involve semi-rugged,
fully-rugged, ultra-rugged and others. Moreover, r the end-user section of the
market is classified into government, defense, aerospace, hospitals,
industrial, commercial and others.
Regional Analysis
The Rugged Display Market shows its remarkable growth in
various continents of the world, such as North America, Europe, Asia Pacific and
the rest of the world. North America is holding the maximum market share due to
the government's higher investment in the defense sector. The higher demand for
rugged displays in major countries like Canada is also propelling the regional
market of this region.
The European region is even noticing rapid growth due to key
players and higher demand for rugged displays in military sectors. The Asia
Pacific will also show significant growth with a strong CAGR value due to the
market's demand in developing countries like the South Korean region, China and
Japan.
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Industry News
· In 2021, WINMATE announced its L140TG-4, the world's first
rugged laptop with the convertible feature for military usage with a 14"
daylight display and1920x1080 resolution.
· In 2020, Curtiss-Wright launched a rugged PCAP, a
multi-point touchscreen display for military aircraft and land vehicles.
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