Large Format Display Market Growth, Manufacturing, Analysis and Forecasts 2018-2023

1. Large Format Display Market Growth, Share, Manufacturing, Analysis and Forecasts 2018-2023 “The Large Format Display Market was valued at USD 9.51 Billion in 2016 and is expected to reach USD 14.93 Billion by 2023, growing at a CAGR of 6.7% between 2017 and 2023.” The Large Format Display Market was valued at USD 9.51 Billion in 2016 and is expected to reach USD 14.93 Billion by 2023, growing at a CAGR of 6.7% between 2017 and 2023. The market is analyzed for non- consumer displays, which offer additional features for operation in commercial, infrastructural, and industrial applications. The increasing innovation in direct-view fine-pixel LED displays and their technological advantages are driving the growth of the large format display market. The market is also driven by factors such as availability of highly bright HD LFDs offering better stability, flexibility, sustainability, and environment resistance; increasing demand for brighter and power-efficient LFDs in several applications; and increased applications for digital signage. The market is segmented into video walls (tiles of any size) and standalone displays (more than 32 inches). Video wall displays contributed a large format display market share in 2016 and are expected to witness a higher growth rate than standalone displays. The growing awareness among customers regarding the benefits of video wall has drastically increased their adoption rate worldwide. LCD displays held the large market share in 2016, and the trend is expected to continue during the forecast period. However, this market share is expected to decline rapidly owing to the growth of direct-view fine- pixel LED technology. Currently, large-pixel LED displays are widely used in various outdoor applications, and with the high adoption rate of fine-pixel LED displays, both fine-pixel and large-pixel direct-view LED displays would hold a larger market share by 2023, surpassing the LCD technology. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownload.asp?id=9304851

2. Commercial industries held the largest market share in 2016 because of the rising installation large format displays in malls and shopping centers. However, infrastructural industries are expected to drive the growth of large format display market during the forecast period. Direct-view fine-pixel LED displays are expected to have a high demand in transportation, public places, sports, and entertainment venues during the forecast period. LFD players will find various opportunities in untapped and emerging applications in industrial manufacturing, BFSI, and education, industries. North America, being technologically advanced and developed, is a leading market for cutting-edge display technologies such as direct-view LED and OLED and held the largest share of the market in 2016. The market in APAC is expected to grow at the highest rate due to the presence of major display panel manufacturers and various brand product manufacturers in the region. The market for newer and high- cost displays, such as OLED and fine-pixel LED, is expected to grow at a higher rate in North America, whereas low-cost displays, such as LCD and large-pixel LED, would witness higher growth in APAC and RoW. Request Sample Copy of this Market Research @ https://www.marketsandmarkets.com/requestCustomization.asp?id=9304851 Objectives of the Large Format Display Market study: To define, describe, and forecast the large format display market, in terms of value, segmented on the basis of offering; display type, technology, and size; brightness level; vertical; and application To define, describe, and forecast the large format display market , in terms of volume, segmented on the basis of display technology To provide market size estimation for the four main regions (along with countries), namely North America, Europe, Asia Pacific, and Rest of the World To identify and analyze major factors influencing the growth of the LFD market (drivers, restraints, opportunities, and challenges) To analyze key trends related to LFD offering, size, type, brightness, technology, vertical, and application that shape and influence the market To strategically analyze micromarkets with respect to individual growth trends, prospects, and contribution to the total market To analyze market opportunities for stakeholders and details of the competitive landscape of key players along with the DIVE analysis To analyze strategic developments such as joint ventures, mergers and acquisitions, expansion, product developments, and research and development in the large format display market To strategically profile the key players and comprehensively analyze their market position in terms of market share and core competencies2, along with detailing the competitive landscape for the market leaders

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