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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