According to Omdia’s Industrial and Public Display & OEM Intelligence Service, global industrial display panel shipments totaled 281.1 million units in 2024 and are forecasted to increase by 3.4% year-on-year to 290.6 million units in 2025. The smart home and office segment, which constitutes 64% of total shipments in 2024, is the primary driver of this growth. The launch of the Nintendo Switch 2, featuring a 7.9-inch LTPS gaming console display, has significantly contributed to this trend. Omdia estimates that gaming console display shipments will exceed 15 million units in 2025, marking a 200% year-on-year increase.
TzuYu Huang, Principal Analyst at Omdia, noted that the industrial display market has historically maintained stable demand due to its niche nature. However, tariff uncertainties in recent years have led TV, IT, and some industrial display supply chain participants to shift demand to the first half of 2025. This shift may result in softer or uncertain demand in the third quarter, but the Nintendo Switch 2’s launch earlier in 2024 is supporting sustained momentum in the smart home and office sector throughout 2025.
Panel manufacturers are pursuing innovation and emerging technologies to meet 2025 shipment targets. AUO Display Plus is focusing on indoor signage with EPD solutions, outdoor signage and transportation applications using ChLCD, and open-frame and integrated display solutions for retail signage, 2D/3D medical displays, human-machine interface devices, panel PCs, interactive whiteboards, and slot machines.
BOE has introduced AMOLED displays for industrial applications, including body cameras and 3.5- and 3.2-inch digital still cameras, and has developed RGBW technology for electric vehicle chargers and signage. Innolux is concentrating on mini LED displays with direct or local dimming backlight technology, producing 3.5- and 5-inch displays for digital still cameras, 7- and 11-inch displays for drones, 17.3- and 23.8-inch displays for marine applications, and 13.3- and 17.3-inch displays for in-flight entertainment, while addressing demand from gaming console customers.
Tianma has expanded into the public display market by increasing production at its TM19 Gen 8.6 Fab, targeting 50-inch 4K displays for signage and 27-inch displays for signage, kiosks, slot machines, and digitizers. Tianma is also supplying 4.2-, 5-, and 7-inch displays for the two-wheeled electric vehicle sector in specific regions and investing in mini LED backlight technology for larger displays (13.3-, 15.6-, 17.3-, 23.8-, and 27-inch) for marine and aviation applications.
Truly is focusing on small-sized AMOLED displays, including sub-1-inch screens for tobacco heat-not-burn products and AMOLED panels under 3 inches for body cameras and e-bikes. Huang stated that gaming consoles, such as the Nintendo Switch 2, will continue to drive industrial display shipment growth in 2025, while panel makers explore emerging technologies to develop new applications and market opportunities.
