Rugged displays are specially designed displays that can withstand harsh environmental conditions such as extreme temperatures, vibrations, and precipitation without sustaining damage. They are an integral part of various industrial machines such as factory equipment, digital signage, rugged tablets and handheld devices. With their ability to operate reliably in rough handling conditions and hazardous locations, they protect sensitive electronics and ensure durability of devices. They are commonly used across industries like military, oil & gas, mining, medical and transportation.
The global Rugged Display Market is estimated to be valued at US$ 9.75 Bn in 2023 and is expected to exhibit a CAGR of 9.0% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
One of the key trends driving growth in the rugged display market is the rising usage of rugged devices in demanding applications. Industries are increasingly adopting rugged tablets, laptops and handheld devices for tasks carried out in challenging outdoor and industrial environments owing to benefits such as resistance to shocks, dust, vibration and extreme climatic conditions. Growing investments by various sectors in automation is also augmenting demand for machines integrated with rugged displays. With technological advancements, display manufacturers are coming up with innovative solutions catering to diverse requirements of industrial customers. The advent of high-resolution LED-backlit LCD displays has further spurred adoption across sectors.
Threat of new entrants: Low: High initial investment costs and established players make it difficult for new players to enter the rugged display market. However, the market is expected to grow in the coming years providing opportunities.
Bargaining power of buyers: Moderate: The bargaining power of buyers is moderate as there are a few established players and buyers can choose from different options based on requirements.
Bargaining power of suppliers: Moderate: A few key component suppliers exist but established players have developed alternative sourcing strategies to manage risks.
Threat of new substitutes: Low: No direct substitutes exist for rugged displays used in defense, industrial and commercial applications requiring durability and reliability.
Competitive rivalry: High: The market is competitive with Dell, Curtiss-Wright, Getac, General Dynamics and others competing on performance, ruggedness, pricing and after-sales support.
The global Rugged Display market is expected to witness high growth over the forecast period of 2023 to 2030. Global Rugged Display Market Size is estimated to be valued at US$ 9.75 Bn in 2023 and is expected to exhibit a CAGR of 9.0% over the forecast period 2023 to 2030.
North America dominates the rugged display market currently due to high defense spending and presence of key players and end-use industries in the region. Asia Pacific is expected to grow at the fastest pace during the forecast period with increasing investments in defense, public safety and industrial automation in major countries like China and India.
Key players operating in the Rugged Display market are Dell Inc., Curtiss-Wright Corp., Getac Technology Corp., General Dynamics Corp., Zebra Technologies Corp., L3 Technologies Inc., Panasonic Corporation, Scio Teq, Sparton Corp., Crystal Group Inc., Kyocera Corp., and Beijer Electronics Group AB. Dell Inc. and Getac Technology Corp. have a significant market share due to their diversified product portfolio and strong presence across industries.
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it