Rising Demand for Smart Devices in Military and Defense to Drive Global Rugged Display Market – US$ 10.8 Billion by 2027
Research Reports
Mar 25, 2022
Global Information, Inc. [JASDAQ 4171]
The rugged display is a high-performance, military-grade flat panel that is used for displaying mission-critical information. It can endure strong vibrations, extreme temperatures and wet or dusty conditions. It is assembled using advanced lamination materials for minimal reflection, condensation and dust buildup. Rugged displays have wide viewing angles and are commonly used in smartphones, handheld computers, tablets, laptops, vehicle-mounted computers and avionic displays. They are available in ultra-, semi- and fully-rugged variants and provide enhanced picture quality, visibility and readability under direct sunlight. As a result, rugged displays are widely used for various industrial, commercial and military applications.
The global rugged display market reached a value of US$ 7.8 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 10.8 Billion by 2027, exhibiting at a CAGR of 5.6% during 2022-2027. The rising demand for smart devices in the military and defense industries is one of the key factors driving the growth of the market. With the rising instances of cross-border tensions and terrorist activities, defense organizations are increasingly adopting advanced mobility solutions to digitize operations and access real-time information. Moreover, the increasing requirement for ruggedized products across industries, such as healthcare, transportation, retail and agriculture, is providing a thrust to the market growth.
In line with this, the utilization of organic light-emitting diode (OLED) and e-paper technologies is also contributing to the growth of the market. Product manufacturers are also launching variants with improved impact and moisture resistance, temperature range and minimal power requirements. Additionally, various technological advancements, such as the integration of human-machine interface (HMI) and the Internet of Things (IoT) with the rugged devices, are acting as other growth-inducing factors. These innovative displays can be incorporated in fire brigades, police vehicles, ambulances and military systems to perform numerous functions in high-risk situations. Other factors, including the launch of variants with advanced touch capabilities, along with the implementation of favorable government policies, are anticipated to drive the market toward growth.
Continue reading the competitive landscape: https://www.giiresearch.com/report/imarc1066026-rugged-display-market-global-industry-trends-share.html
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