Display Measuring Instruments Market Size:
The global display measuring instruments market is projected to grow at a CAGR of 5.97% between 2025 and 2030.
The increasing demand for advanced display, automation, and technological advancement in measurement instruments drives this market. Further, with an increase in automotive and consumer electronic industries and the adoption of wearable devices and AR/VR, the requirements for innovative displays will grow, increasing the demand for these measuring instruments to ensure the display meets the safety and performance standards. Moreover, with the rise in the demand for high-quality displays by diverse industries, the need for this instrument will also grow as these displays require proper testing and validation.
Global Display Measuring Instruments Market Overview & Scope:
The global display measuring instruments market is segmented by:
- Product Type: The market is segmented into digital, analog, optical, and others. Digital display measuring instruments dominate the market due to their high precision and accuracy, making them ideal for the electronics, automotive, and aerospace industries.
- Technology: By technology, the global display measuring instruments market is segmented into contact measuring instruments and non-contact measuring instruments. From these, non-contact measuring instrument technology is expected to have a major market share due to the accurate measurement of these instruments without requiring physical touch. Hence, it is useful for sensitive device displays for industries like healthcare and electronics.
- End User: By end-user, the consumer electronics industry is expected to contribute majorly to the market due to the growing use of smartphones, home appliances, tablets, and other wearable devices that require advanced displays.
- Region: North America will hold a notable share during the forecast period, where industries such as automobiles and electronics are significantly driving the market. Canada witnessed an increase of 26% in vehicle production in 2023, while the USA had a 6% growth in the same year, with a total of 10,611,555 vehicles produced, according to the International Organization of Motor Vehicle Manufacturers.
Top Trends Shaping the Global Display Measuring Instruments Market:
1. Rise in the advancement of display technology
- There is continuous innovation in display technologies like flexible displays or OLED integrated into diverse devices like smartphones, wearables, automotive appliances, and tablets. With innovations like touch and display driver integration into the devices, the demand for these measuring instruments is expected to grow.
2. Non-Contact Measurement Technologies
- Non-contact display measurement instruments, such as optical instruments, are gaining popularity due to their feature of measuring and testing display without the need for physical contact, reducing the impact or damage risks. These technologies are widely required for measuring ultra-thin or foldable and flexible displays.
Global Display Measuring Instruments Market Growth Drivers vs. Challenges:
Opportunities:
- Increasing Demand in Electronics Industries: Electrical and electronics industries are among the major consumers of display measuring instruments, ensuring the devices' quality and performance. For instance, as per PIB data, the global electronic market accounted for US$4.3 trillion in 2023 and was dominated by major nations such as China, Taiwan, the United States, Vietnam, South Korea, and Malaysia. Electronic manufacturers are continuously focusing on advancing their devices and offering high-quality displays to remain relevant and dominant in the market.
- Growing automotive sector: The increasing demand for electric vehicles significantly impacts the display measuring instrument market. This sector demands the incorporation of innovative display technologies such as digital dashboards and touch screens into vehicles. This makes it necessary to ensure that testing and validation of the displays in these vehicles are as per the safety standards. According to the International Energy Agency (IEA) data report of 2024, the market share of electric cars was estimated to reach 45% in China, followed by 25% in Europe, and more than 11% in the United States.
Challenges:
- High Cost: The advanced display measuring instruments are particularly expensive as these integrate the use of AI, machine learning, or other technologies, limiting market growth.
Global Display Measuring Instruments Market Regional Analysis:
- Asia-Pacific: Asia-Pacific will have significant demand for display measuring instruments as the electronic industry grows. In 2023, India's electronic industry was estimated to reach US$155 billion, with domestic production valued at US$101 billion, according to the NITI Aayog.
Global Display Measuring Instruments Market Competitive Landscape:
The market is fragmented, with many notable players, including Nikon Metrology NV, Keyence Corporation, Hexagon AB, ZEISS, and Mitutoyo Corporation, among others:
- New Product: In December 2024, Konica Minolta launched its flagship spectrophotometer model, the CM-3700A Plus, with a focus on offering high accuracy and dependability in the manufacturing industry for diverse sectors like automotive, electrical, and smartphones, among others.
Display Measuring Instruments Market Scope:
| Report Metric |
Details |
| Study Period |
2021 to 2031 |
| Historical Data |
2021 to 2024 |
| Base Year |
2025 |
| Forecast Period |
2026 – 2031 |
| Report Metric |
Details |
| Display Measuring Instruments Market Size in 2025 |
US$40.326 billion |
| Display Measuring Instruments Market Size in 2030 |
US$52.333 billion |
| Growth Rate |
CAGR of 5.97% |
| Study Period |
2020 to 2030 |
| Historical Data |
2020 to 2023 |
| Base Year |
2024 |
| Forecast Period |
2025 – 2030 |
| Forecast Unit (Value) |
USD Billion |
| Segmentation |
- Product Type
- Technology
- End-User
- Geography
|
| Geographical Segmentation |
North America, South America, Europe, Middle East and Africa, Asia Pacific |
| List of Major Companies in Display Measuring Instruments Market |
|
| Customization Scope |
Free report customization with purchase |
Global Display Measuring Instruments Market is analyzed into the following segments:
By Product Type
- Digital Display Measuring Instruments
- Digital Calipers
- Digital Micrometers
- Digital Gauges
- Others
- Analog Display Measuring Instruments
- Optical Measuring Instruments
- Others
By Technology
- Contact Measuring Instruments
- Non-Contact Measuring Instruments
By End-User
- Automobile Displays
- Consumer Electronics
- Healthcare and Medical Devices
- Aerospace and Defense
- Others
By Region
- North America
- Europe
- Asia Pacific
- South America
- Middle East & Africa
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