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LED Display Modular Trends and Forecast
The future of the global LED display modular market looks promising with opportunities in the retail, entertainment, media and advertising, transportation, and healthcare markets. The global LED display modular market is expected to reach an estimated $17.3 billion by 2030 with a CAGR of 13.5% from 2024 to 2030. The major drivers for this market are substantial increase in the quantity of open-air gatherings, rise of digital advertising in out-of-home (DOOH) settings, and businesses leveraging cutting-edge technologies like augmented reality, artificial intelligence, machine learning, and big data to enhance customer engagement.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
LED Display Modular by Segment
The study includes a forecast for the global LED display modular by display type, application, and region.
LED Display Modular Market by Display Type [Shipment Analysis by Value from 2018 to 2030]:
• Outdoor Modular Screens
• Indoor Modular Screens
LED Display Modular Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Retail
• Entertainment
• Media And Advertising
• Transportation
• Healthcare
• Others
LED Display Modular Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of LED Display Modular Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies LED display modular companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the LED display modular companies profiLED in this report include-
• Barco
• NEC Display Solutions
• PixelFLEX
• Planar Systems
• Prismaflex International
• Pro Display
• Samsung Electronics
• Shenzhen Absen Optoelectronic
• Sony Corporation
• Yaham Optoelectronics
LED Display Modular Market Insights
Lucintel forecasts that outdoor modular screens will remain the larger segment over the forecast period due to substantial demand in advanced applications, such as perimeter boards, stadium screens, scoreboards, advertising boards, and video walls, along with the growing number of outdoor events, including sports competitions, music concerts, product launches, brand promotions, and political gatherings.
Within this market, retail will remain the largest segment over the forecast period.
APAC will remain the highest growing region over the forecast period due to ongoing evolution of public venues and increasing adoption of contemporary display technologies for advertising applications in this region.
Features of the Global LED Display Modular Market
Market Size Estimates: LED display modular market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: LED display modular market size by display type, application, and region in terms of value ($B).
Regional Analysis: LED display modular market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different display types, applications, and regions for the LED display modular market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the LED display modular market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the LED display modular market size?
Answer: The global LED display modular market is expected to reach an estimated $17.3 billion by 2030.
Q.2 What is the growth forecast for LED display modular market?
Answer: The global LED display modular market is expected to grow with a CAGR of 13.5% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the LED display modular market?
Answer: The major drivers for this market are substantial increase in the quantity of open-air gatherings, rise of digital advertising in out-of-home (dooh) settings, and businesses leveraging cutting-edge technologies like augmented reality, artificial intelligence, machine learning, and big data to enhance customer engagement.
Q4. What are the major segments for LED display modular market?
Answer: The future of the LED display modular market looks promising with opportunities in the retail, entertainment, media and advertising, transportation, and healthcare markets.
Q5. Who are the key LED display modular market companies?
Answer: Some of the key LED display modular companies are as follows:
• Barco
• NEC Display Solutions
• PixelFLEX
• Planar Systems
• Prismaflex International
• Pro Display
• Samsung Electronics
• Shenzhen Absen Optoelectronic
• Sony Corporation
• Yaham Optoelectronics
Q6. Which LED display modular market segment will be the largest in future?
Answer: Lucintel forecasts that outdoor modular screens will remain the larger segment over the forecast period due to substantial demand in advanced applications, such as perimeter boards, stadium screens, scoreboards, advertising boards, and video walls, along with the growing number of outdoor events, including sports competitions, music concerts, product launches, brand promotions, and political gatherings.
Q7. In LED display modular market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the highest growing region over the forecast period due to ongoing evolution of public venues and increasing adoption of contemporary display technologies for advertising applications in this region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the LED display modular market by display type (outdoor modular screens and indoor modular screens), application (retail, entertainment, media and advertising, transportation, healthcare, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Led Display Modular Market, Led Display Modular Market Size, Led Display Modular Market Growth, Led Display Modular Market Analysis, Led Display Modular Market Report, Led Display Modular Market Share, Led Display Modular Market Trends, Led Display Modular Market Forecast, Led Display Modular Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global LED Display Modular Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global LED Display Modular Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global LED Display Modular Market by Display Type
3.3.1: Outdoor Modular Screens
3.3.2: Indoor Modular Screens
3.4: Global LED Display Modular Market by Application
3.4.1: Retail
3.4.2: Entertainment
3.4.3: Media and Advertising
3.4.4: Transportation
3.4.5: Healthcare
3.4.6: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global LED Display Modular Market by Region
4.2: North American LED Display Modular Market
4.2.2: North American LED Display Modular Market by Application: Retail, Entertainment, Media and Advertising, Transportation, Healthcare, and Others
4.3: European LED Display Modular Market
4.3.1: European LED Display Modular Market by Display Type: Outdoor Modular Screens and Indoor Modular Screens
4.3.2: European LED Display Modular Market by Application: Retail, Entertainment, Media and Advertising, Transportation, Healthcare, and Others
4.4: APAC LED Display Modular Market
4.4.1: APAC LED Display Modular Market by Display Type: Outdoor Modular Screens and Indoor Modular Screens
4.4.2: APAC LED Display Modular Market by Application: Retail, Entertainment, Media and Advertising, Transportation, Healthcare, and Others
4.5: ROW LED Display Modular Market
4.5.1: ROW LED Display Modular Market by Display Type: Outdoor Modular Screens and Indoor Modular Screens
4.5.2: ROW LED Display Modular Market by Application: Retail, Entertainment, Media and Advertising, Transportation, Healthcare, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global LED Display Modular Market by Display Type
6.1.2: Growth Opportunities for the Global LED Display Modular Market by Application
6.1.3: Growth Opportunities for the Global LED Display Modular Market by Region
6.2: Emerging Trends in the Global LED Display Modular Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global LED Display Modular Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global LED Display Modular Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Barco
7.2: NEC Display Solutions
7.3: PixelFLEX
7.4: Planar Systems
7.5: Prismaflex International
7.6: Pro Display
7.7: Samsung Electronics
7.8: Shenzhen Absen Optoelectronic
7.9: Sony Corporation
7.10: Yaham Optoelectronics
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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