The rugged display market 2020 is all set to reach a valuation of USD 10 Billion by 2023, reveals Market Research Future (MRFR). MRFR also expects the market to procure a CAGR of 5% from 2017 to 2023 (assessment period). We will provide covid-19 impact analysis with the report. The COVID-19 impact on the market has been carefully studied, following which the report outlines the key developments post the coronavirus disease outbreak.
Renowned competitors in the industry are –
Sonim Technologies Inc. (U.S.), Getac Technology Corporation (Taiwan), Sparton Corporation (U.S), Samsung Group (South Korea), Zebra Technologies Corporation (U.S), Chassis Plans (U.S), Panasonic Corporation (Japan), Kyocera Corporation (Japan), Bluestone Technology Ltd (U.S), Xplore Technologies Corporation (U.S), to list a few.
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COVID-19 Analysis
Most of the rugged display manufacturers are now at a loss, since the imports from China has disrupted the manufacturing activities after the COVID-19 outbreak. The novel coronavirus has managed to dismantle the entire manufacturing sector after the imposition of the lockdown, and the semiconductor industry can also witness slow growth, given the shortage of rugged displays and the increasing gap between supply and demand.
A majority of the market vendors are focusing on maintaining the supply chain worldwide. While the inventories are sufficient as of now, but the import of more rugged display products may be required due to the SARS-CoV-2 impact. Even as the pandemic is leading to massive financial loss for the rugged display market, there is still hope as leading companies are introducing latest products in the market and are adopting strategies such as product development, launches and more. This is one guaranteed method of ensuring sustainability in the global market in the COVID-19 era.
Industries like military, manufacturing and others are progressively using rugged displays to monitor their operations along with other contents. The demand for these displays has surged exponentially in recent years as they boost the brightness of the screen. Rugged displays are also popular due to their ability to monitor the sunlight, thereby finding more application in chemical industries to analyze the light’s effect on a material.
To illustrate, in June 2020, the Curtiss-Wright Corp. Defense Solutions facility has launched the SVDU-M 7-inch rugged display that can be of major use in civil and military aircraft as well as land vehicles. The applications of the latest rugged display include helicopters and fixed-wing aircraft; military armored combat vehicles and civil first-responder vehicles for extra situational awareness required during missions.
Market Drivers and Top Barriers
A notable growth enhancer in the rugged display market can be the rising frequency of technological innovations, aimed at fulfilling the continuously evolving consumer demand. Also, these displays are being equipped with features that cater to every industry need, leading to higher degree of efforts by key companies with respect to product development.
Furthermore, the rising uptake of current mil-aero projects, missions and environments are driving the consumption of rugged displays. Most of the industrial, healthcare and aerospace & defense applications are in need of display devices that are not only rugged but are also portable. This favorable situation is bound to work in favor of the worldwide market in the following years.
Latest News
June 2020
Getac has launched its latest B360 fully rugged laptop, gaining higher prominence in the rugged display industry. Designed for the 5G network, B360 features extremely high computing speed, excellent ruggedness and brightness, making it an innovative mobile solution that is ideal for taxing working conditions.
Intended Audience
- Rugged Display manufacturing companies
- Display panel manufacturers
- Display manufacturing equipment suppliers
- Display-related service providers
- Original equipment manufacturers
- Rugged Display providers
- Research and development companies
- Market research and consulting firms
- Solution providers
- Technology standards organizations
- Technology investors
- System Integrators
Market Segmentation
The rugged display industry can be bifurcated depending on type, operation system, ruggedness as well as end- users.
The types of rugged displays are LED, LCD, dot-matrix, and others.
The operating system-wise segments include android, windows, iOS, and more.
The ruggedness-based market categories include ultra-rugged, fully rugged, semi-rugged, and others.
The primary end-users in the industry can be aerospace, industrial, government and defense, commercial, hospitals and others.
Regional Insight
The regional segmentation of the rugged display market comprises North America, Asia Pacific/APAC, Europe and Rest of the World/RoW.
North America can be the leading market for rugged display, as a result of the mounting demand for the product in sectors such as industries, government, aerospace, to name a few. However, the COVID-19 outbreak has negatively affected businesses across various industries, disrupting industrial and automation process control in the region. The impact of SARS-CoV-2 on the industrial control system market in the United States has slowed down the growth of the rugged industrial displays industry.
The European market can witness promising growth in the years ahead, given the striking expansion rate of the industrial sector. Rugged smartphones as well as handheld computers are in great demand across the region, with rising deployment in defense, in government, industrial and transportation applications.
APAC’s fastest growing economies like Japan, South Korea and China hold significant markets for rugged displays. The region is presumed to attain the highest expansion rate during the assessment period, since more and more companies are now aware of the benefits of using rugged displays and are therefore deploying these for diverse applications.
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