Global Rugged Display Market: Regional Insights
North America anticipated to exhibit major growth in the global rugged display market over the forecast period. Growth of this region can be attributed to new initiatives by government of countries in the region, specifically the U.S., in end user industries such as Aerospace, Defense, Automotive, and Healthcare among others. As a result, several electronic vendors are adopting various growth strategies such as mergers and acquisitions. In April 2021 for instance, Elbit Systems of America announced the acquisition of Sparton Corporation, for US$ 380 billion for expanding their regional presence in the U.S. with new product line. Thus, the region is likely to show strong growth in the market in the coming years.
Furthermore, Asia Pacific is also projected to witness major growth in the global rugged display market over the forecast period due to significant investment and adoption of rugged display in industrial automation technologies and in industrial sector of the region. The growing industrialization in the region, specifically in countries such as Japan, China, and India is also expected to drive growth of the global rugged display market in Asia Pacific region.
Joining thousands of companies around the world committed to making the Excellent Business Solutions.
View All Our Clients