The Embedded Display Market is anticipated to have significant growth, with valuation rising from USD 17.7 billion in 2020 to USD 24.4 billion by 2025, or a Compound Annual Growth Rate (CAGR) of 6.9% throughout this time frame.

The increasing need for embedded display solutions across numerous industries, including the consumer electronics, automotive, healthcare, and industrial sectors, is the primary driver of this expansion. The market is growing as a result of the integration of displays into a variety of devices and systems, improvements in display technology, and the demand for better user interfaces. The embedded display market is poised to play a crucial role in addressing these expectations and encouraging innovation across many industries as visual information and user-friendly interfaces continue to be prioritised by industries.

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The Embedded Display Market is expanding as a result of numerous important factors. First off, there are now numerous opportunities for more immersive and user-friendly displays, which are in great demand across numerous industries, thanks to substantial developments in embedded display interface technology. Second, as businesses look to improve operational efficiency and cut back on human touch, the COVID-19 pandemic has spurred the adoption of automation in several industries, supporting the market's expansion. The Embedded Display Market is also being significantly fueled by the growth in demand for interactive displays and digital signage solutions on a global scale.

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

According to device type, the portable device sector of the embedded display market is anticipated to grow at a faster compound annual growth rate (CAGR) than other segments. The many benefits that portable gadgets provide, including multi-touch panel options that increase their engagement and usability, are what are driving this growing surge. These adaptable devices are used in a variety of sectors, including point of sale (POS) equipment, wearable technology, display monitors, human-machine interfaces (HMI), and medical equipment. The demand for portable devices is anticipated to increase significantly in the upcoming years as the commercialization of the Internet of Things (IoT) gains speed, further emphasising their crucial position in determining the landscape of the Embedded Display Market.

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

By application, the embedded display market's automotive displays sector is expected to rule and hold the greatest market share by 2025. The growing customer demand for electric, hybrid, and semi-autonomous automobiles is what's fueling this prominence and the demand for cutting-edge automotive display technologies. Through the integration of digital connectivity capabilities into their vehicles, automakers are placing a greater emphasis on delivering a simple and connected driving experience. The demand for automotive displays used in a variety of applications, such as digital instrument clusters, central stack systems, head-up displays (HUD), navigation systems, and rear-seat entertainment screens, is anticipated to increase as a result of this trend.

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. The growing demand for automation in manufacturing, assembly, and supply chain processes across numerous industries, which is encouraging the implementation of smart systems with embedded displays, is what propels this region's leadership position. Additionally, the growing popularity of smart homes and smart buildings is fueling the growth of the embedded display market in North America and aiding in the creation of smart cities in the region. Governments in North America have launched a number of measures to further the idea of smart cities, hastening the development of this trend. These improvements are predicted to increase consumer demand for home automation equipment, which will then boost the growth of the embedded display market 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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