Overview:

With the advent of technology, the LED video walls are becoming brighter, reliable, clear, and energy efficient, which, in turn has expanded the application base of LED video walls beyond boardrooms and control rooms. Economic development and consequent rise in the number of entertainment shows, exhibitions, and sports events are major factors driving the adoption of LED video walls across the globe. In addition, growing demand for interactive and dynamic outdoor advertising as a result of increased advertising budget of businesses is further driving demand for LED video walls across the globe. These factors are expected to contribute towards a double digit compounded annual growth rate (CAGR) during the forecast period 2017 – 2025.

The research study titled “Global LED Video Wall Market – Growth, Future Prospects and Competitive Analysis, 2017 – 2025” offers strategic insights into the global LED video wall industry along with the market size and estimates for the duration 2015 to 2025. The said research study covers in-depth analysis of market segments based on service type, end-use application and cross-sectional study across different geographies and sub-geographical regions. The study covers the comparative analysis of different segments for the years 2015 & 2025. The report also provides a prolific view on market dynamics such as market drivers, restraints and opportunities. In addition, the report includes a section providing insights on the key trends followed in the market.

In order to help strategic decision makers, the report also includes competitive profiling of the leading LED video wall manufacturers, their business strategy analysis, market positioning, and key developments. Some of the major players profiled in the report include  LG Electronics, Inc., Panasonic Corporation, Barco NV, Daktronics, Inc., Toshiba Corporation, Lighthouse Technologies, Ltd., Shenzhen Unilumin Group Co. Ltd., Leyard Opto-Electronic Company Ltd., NEC Corporation, and Shenzhen Dicolor Optoelectronics Co Ltd. Apart from the company profiles, the report includes a section covering the competitive landscape wherein the market positioning of the companies has been discussed. The section also provides a view of key business strategies adopted by the leading market players. Other in-depth analysis provided in the report includes:

• Current and future market trends to justify the forthcoming attractive markets within the global LED video wall industry
• Comparative analysis for different segments for the years 2016 & 2025
• Market fuelers, market impediments, and their impact on the market growth
• In-depth competitive environment analysis including the positioning of market players and their business strategy analysis
• Trailing 2-Year market size data (2015 – 2016)
• SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global LED video wall market, offering market size and estimates for the period from 2017 to 2025, keeping in mind the above mentioned factors.

High upfront cost coupled with complexities involved in the installation and operation of LED video walls is considered as one of the major challenges inhibiting the widespread adoption of LED video walls, especially in price sensitive emerging economies. High upfront cost of the product and considerable budget required for research and development has made it difficult for manufacturers to gain reasonable profits. However, this has benefitted the rental service segment and the players have begun offering LED video walls on rental basis. These service providers have also started offering LED video walls in different configurations as per the end-users requirement. Growing demand for rental services is expected to subdue the impact of cost factor over the forecast period. Furthermore, with continual advancements in technology, the market is presumed to witness introduction of low-cost, energy efficient variants, opening up new avenues for the market growth during the forecast period 2017 – 2025.

Europe represents the most attractive and largest LED video wall market worldwide followed by North America and Asia Pacific respectively. Then region accounts for over one-third of the market revenue worldwide. The trend shall prolong and the region is presumed to witness strong growth during the forecast period 2017 – 2025. In view of upcoming international events like FIFA world cup 2018, the demand for LED video walls for outdoor applications, especially in stadiums is expected to witness an upsurge. The growth in the U.S., will be driven by the regulated demand for customized outdoor LED displays in commercial applications. On the other hand, evolving digital habits of consumers, coupled with the increasing use of outdoor LED display solutions for promotional activities is expected to spur market growth in the region during the forecast period 2017 – 2025.

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of LED Video Walls market are as follows:

• Research and development budgets of manufacturers and government spending
• Revenues of key companies in the market segment
• Number of end users and consumption volume, price and value.
• Geographical revenues generate by countries considered in the report
• Micro and macro environment factors that are currently influencing the LED Video Walls market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of LED Video Walls market?
• What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2032.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the LED Video Walls market?
• Which is the largest regional market for LED Video Walls market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving LED Video Walls market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the LED Video Walls market worldwide?