Global Automation Industrial Monitors Market is Likely to Grow a CAGR of 6.46% during the Forecast Period

The latest market report published by Credence Research, Inc. “Global Automation Industrial Monitors Market: Growth, Future Prospects, and Competitive Analysis, 2016 – 2028”. The Global Automation Industrial Monitors Market generated revenue of around USD 304.04 million in 2021 and is anticipated to grow a CAGR of over 6.46% during the forecast period from 2022 to 2028 to reach around USD 484.90 million in 2028. While, cumulative growth opportunity presented by the global Automation Industrial Monitors is around USD 2.84 billion during 2022 to 2028.

Global Automation Industrial Monitors Market, 2021 – 2028 (USD Million)

Browse the full report at  Automation Industrial Monitors Market Size, Trends, Share and Growth Report Forecast to 2028 | Credence Research

The automation industrial monitors market is expected to grow rapidly over the next ten years. This will be driven by the increased utilization in industrial automation monitors across different industries, including discrete and process industries. Expos and trade shows are helping automation industrial monitors OEMs to grow their client base, driving the market growth. It is important to analyze the effects of covid-19 on the automation industrial monitors market.

Screen Size Between 12″-17″ Automation Industrial Monitors to Grow at Rapid Pace

Screen Size Below 12″, Screen Size Between 12″-17″ and Screen Size Above 17″ are some of the important types of Automation Industrial Monitors used across different industries. However, Screen Size Between 12″-17 Automation Industrial Monitors are growing in demand and held significant share in total revenue generation with over 40% in 2021. While, Screen Size Blow 12″ and above 17” market segments are poised to play important role growth of Automation Industrial Monitors in the years to come.

Process Industry to Govern Future Growth of Automation Industrial Monitors Industry

Process Industries and Discrete Industries are major application markets for the global Automation Industrial Monitors industry. Process industry held the largest share of global Automation Industrial Monitors industry in 2021 with over 60% contribution to revenue generated by Automation Industrial Monitors market. Chemicals, oil & gas and power generation are major field under process industry. Discrete industry also expected to witness strong demand for Automation Industrial Monitors in the years to come.

North America is Leading Automation Industrial Monitors Demand

North America is leading the Automation Industrial Monitors industry with over 35% share in 2021. Increasing demand for Automation Industrial Monitors in North America is in turn fueling the demand for Automation Industrial Monitors in the region. U.S. and Canada are major markets for Automation Industrial Monitors sin the region. While, UK, Germany and France are leading the demand for Automation Industrial Monitors in Europe. Brazil, Egypt, South Africa, Vietnam, etc. are most prominent economies for Automation Industrial Monitors.

Major players operating in the Automation Industrial Monitors industry include but not limited to AAEON, Advantech, Hope Industrial Systems, Rockwell Automation, Siemens, Axiomtek, Barco, Beckhoff Automation, Computer Dynamics (CIMTEC Automation), Edge Electronics, Honeywell, Kontron and Litemax Electronics. Global Automation Industrial Monitors market is characterized by the presence of large number of manufacturers across the world. Increasing production capacity in order to achieve economies of scale and growing in market share is primary focus of the industry participants.

Market Segmentation

Global Automation Industrial Monitors Market by Type, 2016 – 2028

  • Screen Size Below 12″
  • Screen Size Between 12″-17″
  • Screen Size Above 17″

Global Automation Industrial Monitors Market by Distribution Channel, 2016 – 2028

  • Process Industries
  • Discrete Industries

Global Automation Industrial Monitors Market by Company, 2016 – 2028

  • AAEON
  • Advantech
  • Hope Industrial Systems
  • Rockwell Automation
  • Siemens
  • Axiomtek
  • Barco
  • Beckhoff Automation
  • Computer Dynamics (CIMTEC Automation)
  • Edge Electronics
  • Honeywell
  • Kontron
  • Litemax Electronics
  • Others