+91-8668442535

LED Video Walls Market By Service Type (Purchase & Installation, Rental, Maintenance), By Application (Outdoor, Indoor) - Growth, Future Prospects And Competitive Analysis, 2017 - 2025

With the advent of technology, LED video walls are becoming brighter, more reliable, clearer, and more energy efficient, which in turn has expanded the application base of LED video walls beyond boardrooms and control rooms. Economic development and the consequent rise in the number of entertainment shows, exhibitions, and sports events are major factors driving the adoption of LED video walls across the globe. In addition, the growing demand for interactive and dynamic outdoor advertising as a result of increased business advertising budgets is further driving demand for LED video walls across the globe. These factors are expected to contribute to a double-digit compounded annual growth rate (CAGR) during the forecast period of 2017–2025.

The global LED video wall market is classified into the following categories:

By Product

  • Purchases and Installations
  • Rental
  • Maintenance

By Application

  • Outdoor
  • Indoor

The research study titled "Global LED Video Wall Market: Growth, Future Prospects, and Competitive Analysis, 2017–2025" offers strategic insights into the global LED video wall industry along with the market size and estimates for the duration of 2015–2025. The said research study covers an in-depth analysis of market segments based on service type, end-use application, and a cross-sectional study across different geographies and sub-geographical regions. The study covers the comparative analysis of different segments for the years 2015 and 2025. The report also provides a prolific view of market dynamics, such as market drivers, restraints, and opportunities. In addition, the report includes a section providing insights into the key trends followed in the market.

The report also includes competitive profiling of the leading LED video wall manufacturers, their business strategy analysis, market positioning, and key developments to assist strategic decision-makers. Some of the major players profiled in the report include LG Electronics, Inc., Panasonic Corporation, Barco NV, Daktronics, Inc., Toshiba Corporation, Lighthouse Technologies, Ltd., and Shenzhen Unilumin Group Co. Ltd., Leyard Opto-Electronic Company Ltd., NEC Corporation, and Shenzhen Discolor Optoelectronics Co. Ltd. Apart from the company profiles, the report includes a section covering the competitive landscape, wherein the market positioning of the companies is discussed. The section also provides an overview of the key business strategies employed by the leading market participants.

Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the global LED video wall industry
  • Comparative analysis for different segments for the years 2016 and 2025
  • Market fuelers, market impediments, and their impact on market growth
  • In-depth competitive environment analysis, including the positioning of market players and their business strategy analysis
  • Trailing 2-year market size data (2015–2016)
  • SRC (Segment, Region, Country) Analysis

Overall, the research study provides a holistic view of the global LED video wall market, offering market size and estimates for the period from 2017 to 2025, keeping in mind the above-mentioned factors.

On the basis of service, the global video LED walls market is categorized into the following segments:

  • Purchase and Installation
  • Rental
  • Maintenance

High upfront costs coupled with complexities involved in the installation and operation of LED video walls are considered one of the major challenges inhibiting the widespread adoption of LED video walls, especially in price-sensitive emerging economies. The high upfront cost of the product and the considerable budget required for research and development have made it difficult for manufacturers to gain reasonable profits. However, this has benefitted the rental service segment, and the players have begun offering LED video walls on a rental basis. These service providers have also started offering LED video walls in different configurations as per the end-user's requirements. Over the forecast period, growing demand for rental services is expected to mitigate the impact of the cost factor. Furthermore, with continual advancements in technology, the market is presumed to witness the introduction of low-cost, energy-efficient variants, opening up new avenues for market growth during the forecast period of 2017–2025.

On the basis of geography, the global LED video wall market is segmented into the following regions and countries:

North America

  • U.S.
  • rest of North America

Europe

  • U.K.
  • France
  • Germany
  • Rest of Europe

Asia Pacific

  • Japan
  • China
  • India
  • Rest of Asia Pacific

Rest of the World

  • Latin America
  • Middle East and Africa

Europe represents the most attractive and largest LED video wall market worldwide, followed by North America and Asia Pacific, respectively. The region accounts for more than one-third of global market revenue. The trend shall prolong, and the region is presumed to witness strong growth during the forecast period of 2017–2025. In view of upcoming international events like the FIFA World Cup 2018, the demand for LED video walls for outdoor applications, especially in stadiums, is expected to witness an upsurge. The growth in the U.S. will be driven by the regulated demand for customized outdoor LED displays in commercial applications. On the other hand, evolving digital habits of consumers, coupled with the increasing use of outdoor LED display solutions for promotional activities, are expected to spur market growth in the region during the forecast period of 2017–2025.

Frequently Asked Questions:

The market for LED Video Walls Market is expected to reach US$ XX Mn By 2025.

The LED Video Walls Market is expected to see significant CAGR growth over the coming years, at XX%.

The report is forecasted from 2017-2025.

The base year of this report is 2016.

LG Electronics, Inc., Panasonic Corporation, Barco NV, Daktronics, Inc., Toshiba Corporation, Lighthouse Technologies, Ltd., and Shenzhen Unilumin Group Co. Ltd., Leyard Opto-Electronic Company Ltd., NEC Corporation are some of the major players in the global market.

Choose License Type
Trusted By
Godaddy
Published Date:  Sep 2017
Category:  Technology & Media
Report ID:   58697
Report Format:   PDF
Pages:   120
Rating:    4.8 (65)
Delivery Time: 24 Hours to 48 Hours   
Connect With Us
+91-8668442535
24/7 Research Support