Global LED Modular Display Market Size, Trends & Growth Opportunity, By Type (Indoor modular screens, and Outdoor modular screens), By Application (Retail Stores, Sports and Entertainment, Media & Advertising, Airports/ Railways, and Auditoriums & Control Rooms), By Region and Forecast by 2022-2027
Report ID : IR1001049 | Industries : Energy & Power | Published On :May 2024 | Page Count : 241
Global LED Modular Display Market Size, Trends & Growth Opportunity, By Type (Indoor modular screens, and Outdoor modular screens), By Application (Retail Stores, Sports and Entertainment, Media & Advertising, Airports/ Railways, and Auditoriums & Control Rooms), By Region and Forecast by 2022-2027
Global LED Modular Display Market
The Global LED Modular Display Market size is estimated at USD 7.22 billion in 2021 and it is expected to reach 13.10 billion by 2027 at a CAGR 7.69%.
LED stands for light emitting diodes. The LED modular display allows for the creation of any screen size or configuration. Display innovations supplies, installs, and supports and maintains digital LED screens. LED modular displays are intended for both indoor and outdoor use. LED modular displays are made up of a flat panel display that houses the LEDs as well as the rest of the necessary electronics.
Market Drivers
The growing use of LED modular displays in applications such as retail stores, sports and entertainment, media and advertising, airports/railways, and auditoriums/control rooms is expected to drive the global LED modular display market. Furthermore, the increase in the number of outdoor events such as sports, music concerts, brand endorsements, and political gatherings will have a positive impact on the LED modular market growth over the forecast period. Furthermore, the market is expected to grow due to an increase in the adoption of advanced technologies such as artificial intelligence, machine learning, big data, and augmented reality to increase customer engagement. Retail stores, for example, use interactive displays that allow customers to virtually try on dresses.
Market Restraints
The high initial investment is expected to stymie the growth of the global LED modular display market. Furthermore, the increase in the COVID 19 pandemic is expected to have a negative impact on the LED modular display market. As many governments announced lock downs to prevent the spread of COVID 19, the supply chain and manufacturing operations around the world have been disrupted. Demand for these displays has decreased significantly as public places have been closed due to the lock downs.
Market Segmentation
The Global LED Modular Display Market is segmented on the basis of type such as Indoor modular screens, and Outdoor modular screens. On the basis of application market is segmented into Retail Stores, Sports and Entertainment, Media & Advertising, Airports/ Railways, and Auditoriums & Control Rooms. Further, Global LED Modular Display Market is segmented on the basis of five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Some key players are profiled in this report including Sony Corporation, Samsung, Yaham Optoelectronics Co. Ltd, NEC Display Solutions, Prismaflex, Planar, PixelFLEX, Pro Display, Barco, and SHENZHEN ABSEN OPTOELECTRONIC CO., LTD.
Market Taxonomy
By Type
• Indoor modular screens
• Outdoor modular screens
By Application
• Retail Stores
• Sports and Entertainment
• Media & Advertising
• Airports/ Railways
• Auditoriums & Control Rooms
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Global LED Modular Display Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global LED Modular Display Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global LED Modular Display Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global LED Modular Display Market Share Analysis, By Type
5.3 Global LED Modular Display Market Size and Forecast, By Type
5.3.1 Indoor modular screens
5.3.2 Outdoor modular screens
6 Global LED Modular Display Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global LED Modular Display Market Share Analysis, By Application
6.3 Global LED Modular Display Market Size and Forecast, By Application
6.3.1 Retail Stores
6.3.2 Sports and Entertainment
6.3.3 Media & Advertising
6.3.4 Airports/ Railways
6.3.5 Auditoriums & Control Rooms
7Global LED Modular Display Market, By Region
7.1 Global LED Modular Display Market Share Analysis, By Region
7.2 Global LED Modular Display Market Share Analysis, By Region
7.3 Global LED Modular Display Market Size and Forecast, By Region
8North America LED Modular Display Market Analysis and Forecast (2022 – 2027)
8.1 Introduction
8.2 North America LED Modular Display Market Share Analysis, By Type
8.3 North America LED Modular Display Market Size and Forecast, By Application
8.4 North America LED Modular Display Market Size and Forecast, By Country
8.4.1 U.S
8.4.2 Canada
8.4.3 Mexico
9Europe LED Modular Display Market Analysis and Forecast (2022 – 2027)
9.1 Introduction
9.2 Europe LED Modular Display Market Share Analysis, By Type
9.3 Europe LED Modular Display Market Size and Forecast, By Application
9.4 Europe LED Modular Display Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4. Rest of Europe
10Asia Pacific LED Modular Display Market Analysis and Forecast (2022 – 2027)
10.1 Introduction
10.2 Asia Pacific LED Modular Display Market Share Analysis, By Type
10.3 Asia Pacific LED Modular Display Market Size and Forecast, By Application
10.4 Asia Pacific LED Modular Display Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11Latin America LED Modular Display Market Analysis and Forecast (2022 – 2027)
11.1 Introduction
11.2 Latin America LED Modular Display Market Share Analysis, By Type
11.3 Latin America LED Modular Display Market Size and Forecast, By Application
11.4 Latin America LED Modular Display Market Size and Forecast, By Country
12Middle East LED Modular Display Market Analysis and Forecast (2022 – 2027)
12.1 Introduction
12.2 Middle East LED Modular Display Market Share Analysis, By Type
12.3 Middle East LED Modular Display Market Size and Forecast, By Application
12.4 Middle East LED Modular Display Market Size and Forecast, By Country
13Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14Company Profiles
14.1 Sony Corporation
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2 Samsung
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3 Yaham Optoelectronics Co. Ltd
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 NEC Display Solutions
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 Prismaflex
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 Planar
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 PixelFLEX
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 Pro Display
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 Barco
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10 SHENZHEN ABSEN OPTOELECTRONIC CO., LTD
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies