Automation Industrial Monitors Market was valued at USD 5.4 Billion in 2022 and is projected to reach USD 8.8 Billion by 2030, growing at a CAGR of 6.2% from 2024 to 2030.
From a geographical standpoint, North America and Europe led the market in the 2018-2022 period due to high industrialization levels and a strong emphasis on upgrading existing infrastructure. Additionally, industries in the Asia-Pacific region experienced rapid adoption, especially in emerging economies like China and India, where manufacturing sectors were expanding and evolving to meet modern demands. With the increase in digital transformation, industrial sectors were leaning more towards automation, propelling the need for reliable and durable monitors that could withstand harsh environments.
Looking ahead from 2023 to 2033, the Automation Industrial Monitors market is expected to maintain its upward trajectory. As industries continue to automate and embrace IoT (Internet of Things), the demand for sophisticated and high-performance industrial monitors is anticipated to rise significantly. The integration of AI and machine learning into manufacturing processes will further push the demand for smarter, more intuitive monitors. Additionally, the development of touchscreen displays, enhanced durability features, and better ergonomics will fuel future demand for industrial monitors. More emphasis will also be placed on creating environmentally friendly and energy-efficient monitors to meet sustainability goals.
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The Automation Industrial Monitors market has undergone significant evolution from 2018 to 2022, influenced by technological advancements and shifting industrial needs. As industries continue to embrace automation for enhanced productivity, the demand for specialized monitors has surged. During this period, we saw robust growth driven by the adoption of industrial automation in sectors like manufacturing, automotive, and energy. Industrial monitors became critical for displaying real-time data, machine diagnostics, and control functions, driving a marked increase in their utilization. From 2018 to 2022, the market witnessed a steady CAGR (Compound Annual Growth Rate), as businesses focused on efficiency and streamlined operations.
AAEON
Advantech
Hope Industrial Systems
Rockwell Automation
Siemens
Axiomtek
Barco
Beckhoff Automation
Computer Dynamics (CIMTEC Automation)
Edge Electronics
Honeywell
Kontron
Litemax Electronics
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Automation Industrial Monitors Market
Process industries
Discrete industries
Based on Types the Market is categorized into Below types that held the largest Automation Industrial Monitors market share In 2023.
Screen size below 12
Screen size between 12-17
Screen size above 17
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Automation Industrial Monitors Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Automation Industrial Monitors Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Automation Industrial Monitors Market, By Type
6. Global Automation Industrial Monitors Market, By Application
7. Global Automation Industrial Monitors Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Automation Industrial Monitors Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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