North America is expected to hold dominant position in the global display calibration management tools market during the forecast period.
Statistics:
North America held dominant position in the global display calibration management tools market in 2020, accounting for 34.1% share in terms of value, followed by Asia Pacific and Europe.
Figure 1: Global Display Calibration Management Tools Market Share (%), By Region, 2020
Among regions, North America held dominant position in the global display calibration management tools market in 2020 and is expected to retain its dominance throughout the forecast period. On the country level in North America region, the U.S. alone holds 92.9% market share in 2020.
Figure 2: Global Display Calibration Management Tools Market Value (US$ Mn) Analysis and Forecast and Y-o-Y Growth (%), 2021 - 2028
The global display calibration management tools market was valued at US$ 1, 382.3 Mn in 2020 and is expected to reach US$ 2,025.1 Mn by 2028 at a CAGR of 5.6% between 2021 and 2028.
Global Display Calibration Management Tools Market - Impact of Coronavirus (Covid-19) Pandemic
COVID-19 has significantly disrupted almost all the industries including infrastructure, transportation, oil and gas, manufacturing, and others. To combat COVID-19 pandemic, most of the countries had implemented lockdown restrictions, which are now being eased slowly on phase-wise and industry basis. This adversely affected the sales of almost all the industries. The global pandemic disrupted the supply chain in both upstream as well as downstream of the target market. The manufacturing activities were paralyzed which impacted the supply of equipment.
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