Fine Pixel Pitch LED Displays Market: Snapshot
Design flexibility and the ability to operate on low voltages and a wide range of operating temperatures are some of the key advantages associated with LED solutions. Fine pixel pitch LED displays are increasingly becoming popular in commercial settings due to their advantages such as greater energy efficiency, high quality, and high durability. Continuous research and development has led to the introduction of high-resolution fine pixel pitch LED displays that deliver superior image quality.
The fine pixel pitch LED display market is projected to be valued at US$3.1 bn by 2024, rising from US$677.1 mn in 2015. The market is estimated to expand at a strong CAGR of 15.8% during the forecast period from 2016 to 2024.
Major Key Players of the Fine Pixel Pitch LED Displays Market are:
EC Display Solutions, Ltd., Leyard Optoelectronic Co. Ltd., Shenzhen AOTO Electronics Co. Ltd., Panasonic Corporation, SiliconCore Technology, Inc., PixelFLEX LED, NanoLumens, Inc., Christie Digital Systems USA, Inc., Unilumin, Shenzhen Absen Optoelectronic Co., Ltd., Daktronics, Inc., and Barco.
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APAC, LATAM, and MEA Identified as Highly Lucrative Markets
Based on type, the segment of up to 3mm pixel pitch LED displays is expected to value US$1,658.0 mn by the end of the forecast period, expanding at a double-digit CAGR between 2016 and 2024. Asia Pacific accounted for around 59% of the total global fine pixel pitch LED displays market in 2015, emerging as the leading regional segment. The markets in the Middle East and Africa (MEA) and Latin America are likely to present potential opportunities for fine pixel pitch LED displays in the coming years. The fine pixel pitch LED displays market in MEA is projected to expand at a CAGR of 28.9% during the forecast period.
Considering the sales channels for fine pixel pitch LED displays, e-commerce websites are likely to observe high demand in the coming years due to the spread of internet services across the world. Digital signage and visualization and simulation applications were the potential application areas for fine pixel pitch LED displays in 2015. However, control rooms and monitoring applications are anticipated to register high growth during the forecast period.
The report segments the Fine Pixel Pitch LED Displays Market as:
Fine Pixel Pitch LED Displays Market
By Type
- Upto 3mm
- 2mm to 1mm
- <1mm
By Sales Channel
- Retail Shops
- E-Commerce websites
- Direct Sales
By Applications
- Broadcast Screens
- Digital Signage
- Control Room and Monitoring
- Simulations and Visualization
- Others
Research objectives:-
– To study and analyze the global Fine Pixel Pitch LED Displays consumption (value & volume) by key regions/countries, product type and application, history data.
– To understand the structure of the Fine Pixel Pitch LED Displays market by identifying its various sub-segments.
– Focuses on the key global Fine Pixel Pitch LED Displays manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
– To analyze the Fine Pixel Pitch LED Displays with respect to individual growth trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
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