Global LED Display Market 2024-2028
The LED display market is forecasted to grow by USD 3664.13 mn during 2023-2028, accelerating at a CAGR of 8.26% during the forecast period. The report on the LED display market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising demand for fine-pitch LED displays, frequent launches of LED displays with innovative features, and increasing demand for high-resolution LED displays in sports stadiums and arenas.
Technavio's LED display market is segmented as below:
By Type
- Conventional LED displays
- Surface mounted LED displays
By Application
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the energy-efficient display solutions gaining traction as one of the prime reasons driving the led display market growth during the next few years. Also, growing adoption of smart LED displays and transparent LED displays gaining traction will lead to sizable demand in the market.
The report on the LED display market covers the following areas:
- LED display market sizing
- LED display market forecast
- LED display market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading LED display market vendors that include Dakco, Expromo, Ledman Optoelectronic Co.,ltd., Ledtop Visual Ltd., Leyard Group, LG Electronics Inc., LIANTRONICS CO.,LTD., Neoti LLC, Samsung Electronics Co. Ltd., SHENZHEN ABSEN OPTOELECTRONIC CO.,LTD., Shenzhen HSC Electronics Co.,Ltd., SHENZHEN JIE YU INDUSTRIAL CO., LTD, SHENZHEN NEXNOVO TECHNOLOGY Co. Ltd., SHENZHEN UNIVIEW LED CO.,LTD, Shenzhen Vision Pro Electronic Co., Ltd., SNA Displays, Vanguard LED Displays, Viewpointec, ViewSonic Corp., and YuChip. Also, the led display market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.