Global LCD Signage Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global LCD Signage Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global LCD Signage market size was valued at USD 147.1 million in 2023 and is forecast to a readjusted size of USD 198.9 million by 2030 with a CAGR of 4.4% during review period.

LCD signage is a type of digital signage. Digital displays use technologies such as LCD, LED and Projection to display content such as digital images, video, streaming media, web pages, weather data, restaurant menu, or text. They can be found in public spaces, transportation systems, museums, stadiums, retail stores, hotels, restaurants, and corporate buildings etc., to provide wayfinding, exhibitions, marketing and outdoor advertising.

Digital sign displays may be LCD or plasma screens, LED boards, projection screens or other emerging display types like interactive surfaces or organic LED screens (OLEDs). Rapidly dropping prices for large plasma and LCD screens have led to a growing increase in the number of digital sign installations.

The global LCD signage market refers to the market for liquid crystal display (LCD) technology used in digital signage applications. LCD signage is commonly used in various sectors such as retail, transportation, healthcare, hospitality, and education, among others, for advertising, information display, and interactive purposes. According to a report by Market Research Future, the global LCD signage market was valued at USD 19.01 billion in 2020 and is projected to reach USD 32.23 billion by 2026, growing at a CAGR of 9.32% during the forecast period. The market growth is driven by several factors, including the increasing demand for digital signage solutions for effective advertising and brand promotion, the growing adoption of interactive displays for enhanced customer engagement, and the rising deployment of LCD signage in transportation infrastructure for information dissemination. The Asia Pacific region is expected to hold a significant share in the global LCD signage market during the forecast period. This can be attributed to the increasing adoption of digital signage technology in countries like China, Japan, and South Korea, among others, for various applications such as retail advertising, public transportation, and hospitality. Key players in the global LCD signage market include Samsung Electronics Co. Ltd., LG Display Co. Ltd., NEC Display Solutions Ltd., Sharp Corporation, and Sony Corporation, among others. These companies are focusing on product innovation and technological advancements to introduce display screens with higher resolutions, better image quality, and improved energy efficiency. They are also involved in partnerships, acquisitions, and collaborations to expand their product portfolios and customer base globally.

The Global Info Research report includes an overview of the development of the LCD Signage industry chain, the market status of Retail (Under 40 Inch, 40 - 50 Inch), Healthcare (Under 40 Inch, 40 - 50 Inch), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of LCD Signage.

Regionally, the report analyzes the LCD Signage markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global LCD Signage market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the LCD Signage market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the LCD Signage industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Under 40 Inch, 40 - 50 Inch).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the LCD Signage market.

Regional Analysis: The report involves examining the LCD Signage market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the LCD Signage market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to LCD Signage:

Company Analysis: Report covers individual LCD Signage manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards LCD Signage This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Retail, Healthcare).

Technology Analysis: Report covers specific technologies relevant to LCD Signage. It assesses the current state, advancements, and potential future developments in LCD Signage areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the LCD Signage market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

LCD Signage market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
Under 40 Inch
40 - 50 Inch
50 - 60 Inch
Over 60 Inch

Market segment by Application
Retail
Healthcare
Hospitality
Transportation
Others

Major players covered
Samsung Electronics
LG Electronics
Philips
Toshiba
Daktronics
Sony
Panasonic
NEC Display
Sharp
Planar Systems (Leyard)
Mitsubishi
Chimei Innolux (CMI)
Advantech
Goodview (CVTE)
Cisco Systems Inc
Marvel Digital
International Health Care Limited
MILESTRONG

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe LCD Signage product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of LCD Signage, with price, sales, revenue and global market share of LCD Signage from 2019 to 2024.

Chapter 3, the LCD Signage competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the LCD Signage breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and LCD Signage market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of LCD Signage.

Chapter 14 and 15, to describe LCD Signage sales channel, distributors, customers, research findings and conclusion.