Embedded Display Market Size, Share, Growth Opportunities, Trends Analysis & Global Industry Forecast Report, 2023-2030
Analysts at GMI Research estimates that the Embedded Display Market was worth USD 19.7 billion in 2022, and forecast to touch USD 33.1 billion in 2030, growing at a CAGR of 6.7% from 2023-2030.
Embedded Display Market Overview
Embedded display is a screen display with an integrated controller, high end graphics with integrated control and ready-to-use human-machine interface (HMI) in short time. The modules are highly integrated within all necessary components such as touch-screen, interfaces, and computer and LCD screen with low power consumption. It offers fully optimised features such as smart graphic user interface, embedded functionality, and touch screens, affordable for mass production. Embedded displays also provide power saving with greater efficiency and flexibility.
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Major Embedded Display Market Drivers
The factors driving the global embedded display market include increasing demand for smart devices with surge in demand for automated equipment and systems for household, industrial and commercial applications. Increasing demand, production, and sale for the advanced technology-based consumer electronics such as wearables, home appliances, TVs around the globe due to surge in consumer spending have impelled the embedded displays market growth. For instance, according to the World Economic Forum Report, global consumer spending on smart home-related devices reached to US$ 52 billion slightly declined to US$ 44 billion in 2020 due to Covid-19 pandemic.
Also, several leading players related the consumer electronics are launching the new technology based smart devices and increasing the production capacities to meet the global demand that is expected to create massive demand for the growth embedded display market. For instance, in 2020, Samsung Display extended the production capacity of LCD panels for TVs and monitors due to increased demand for advanced technology products. Also, Samsung one of the leading South Korean smartphone giant has planned to investment of US$ 644.72 Million in India for expansion of its mobile and IT display production unit from China to Uttar Pradesh, India.
Restraint in the Embedded Display Market
However, fluctuation in raw material prices and cash flow constraint during the Covid-19 pandemic along with surge in deployment of the wide screen displays may hamper the global embedded display market.
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Type- Segmentation Analysis
Based on the type, LED segment has the highest share for the global embedded display market during the forecast period; this is primarily attributed to its wide range of features such as enhances efficiency, high brightness, high pixel-pitch, excellent light intensity, , long lifespan, negligible burn-in susceptibility, enhanced power-efficiency, and high scalability.
Application- Segment Analysis
Based on the application, automobile displays expected to grow at the fastest rate in the global embedded display market during the study forecast period; this is primarily attributed to increasing demand for the advanced technology displays in the connected and electric vehicles across the globe with surge in the automotive sale and production. For instance, according to the Car Group Organization, in 2019, an estimated around 94 million vehicles including passenger cars and light commercial vehicles have been sold which ultimately increases the demand for embedded displays used in these vehicles.
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Regional – Segment Analysis:
Based on the region, North America region is dominated the global embedded display market in 2020 due to the presence of the several leading tech players such as Amazon, Google, Facebook with early adoption of the advanced technology devices in this region. Also, North America region demand for the embedded system market is driven by increasing adoption of the advanced technology such as IoT, 5G, and AI integrated smart connected devices due to surge in consumer spending that have impelled the embedded smart displays market growth. Also, several leading industry players are developing new products to enhance the efficiency which is accelerating market growth in this region. For instance, Ricardo one of the leading North American company have launched its reference service-oriented architecture (SOA) Elevate, with standards-based starting point for next-generation embedded systems. Elevate ensures interoperability between vendor solutions and reduces system and integration complexity across the stack. Also, in November 2019, Intel unveiled its integrated with the latest technology an interactive flat panel embedded display. It provides easy installation in collaboration with smart devices anywhere.
Top Market Players
Various notable players operating in the market, include ENEA AB, Microsoft, Avnet, Inc., Planar Systems, EDT, ANSYS, Altia Inc., Multitouch Ltd, AndersDX, Esterel Technologies SA, Data Modus AG and among others.
Key Developments:
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- In 2020, WiseChip Semiconductor Inc. has launched new touch OLED display series products at Embedded World show, taking place in Nuremberg, Germany.
- In 2020, LG Display has launched the latest cutting-edge embedded displays for several end-user industries including Airplanes, Automobiles and More at CES 2020.
Segments covered in the Report:
The global embedded display market has been segmented on the basis of technology, device, application and key regions. Based on technology, the global embedded display market is divided into Organic Light Emitting Diode (OLED), LCD (Liquid Crystal Display), LED (Light Emitting Diode) and others. Based on device, the market is divided into fixed and portable. In terms of the application, the global embedded systems market is divided into wearables and fitness devices, automobile displays, home automation and HVAC Systems, Medical devices, Smart Devices (smart phones, LED TVs etc.) and others.
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Report Coverage |
Details |
| Market Revenues (2022) |
USD 19.7 billion |
| Market Base Year |
2022 |
| Market Forecast Period |
2023-2030 |
| Base Year & Forecast Units |
Revenues (USD billion) |
| Market Segment | By Technology, By Device, By Application, By Region |
| Regional Coverage | Asia Pacific, Europe, North America, and RoW |
| Companies Profiled | ENEA AB, Microsoft, Avnet, Inc., Planar Systems, EDT, ANSYS, Altia Inc., Multitouch Ltd, ANDERSDX, Teijin, Esterel Technologies SA, Webasto SE and among others. |
| 25% Free Customization Available | We will customize this report up to 25% as a free customization to address our client’s specific requirements |
Market Segmentation
Global Embedded Display Market by Technology
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- Organic Light Emitting Diode (OLED)
- LCD (Liquid Crystal Display)
- LED (Light Emitting Diode)
- Others
Global Embedded Display Market by Device
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- Portable
- Fixed
Global Embedded Display Market by Material
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- Wearables and Fitness Devices
- Automobile Displays
- Home Automation and HVAC Systems
- Medical devices
- Smart Devices
- Smart phones
- LED TVs
- LCDs
- Others
- Others
Global Embedded Display Market by Region
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North America Embedded Display Market (Option 1: As a part of the free 25% customization)
- By Technology
- By Devices
- By Application
- US Market All-Up
- Canada Market All-Up
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Europe Embedded Display Market (Option 2: As a part of the free 25% customization)
- By Technology
- By Devices
- By Application
- UK Market All-Up
- Germany Market All-Up
- France Market All-Up
- Spain Market All-Up
- Rest of Europe Market All-Up
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Asia-Pacific Embedded Display Market (Option 3: As a part of the free 25% customization)
- By Technology
- By Devices
- By Application
- China Market All-Up
- India Market All-Up
- Japan Market All-Up
- Rest of APAC Market All-Up
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RoW Embedded Display Market (Option 4: As a part of the free 25% customization)
- By Technology
- By Devices
- By Application
- Brazil Market All-Up
- South Africa Market All-Up
- Saudi Arabia Market All-Up
- UAE Market All-Up
- Rest of world (remaining countries of the LAMEA region) Market All-Up
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Major Players Operating in the Embedded Display (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)
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- ENEA AB
- Microsoft
- Avnet, Inc.
- Webasto SE
- Idemitsu
- Crane Co
- Flowserve Corporation
- ANSYS
- Altia Inc.
- Multitouch Ltd
- ANDERSDX
- Teijin
- Esterel Technologies SA
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