LED Video Walls Market Size 2019 Global Industry Analysis, Growth Forecast & Emerging Trends To 2025

The LED video walls market is gaining popularity due to its increasing utilization in sports events, concerts, and promotional activities. A prominent feature which is creating high demand is the resistance against outdoor conditions such as rain, intense sunlight, etc. An upcoming trend in the market is the Narrow Pixel Pitch (NPP) LED, which is designed to deliver a smooth flow of information for 24/7 operations. Its expected lifetime is about 100,000 hours, which equals to more than 11 years of operation. Another trend in the industry is flexible LED panels, which allows displays to be curved, bend, and folded, further promoting its usage in integration with curved surfaces. High implementation of these walls in various environments such as indoor and outdoor is driving the market demand.

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The adoption of these video walls in broadcasting applications is increasing due to the rising importance of promotional activities & advertisements in the commercial sector in recent years. This is leading to the adoption of various platforms such as internet/digital, print media, and video walls, further driving the LED video walls market growth. The outdoor operability feature has led to the high adoption of these devices in broadcasting applications. These products are utilized in news channels for displaying real-time footage, images, and explanatory graphics, supporting the LED video walls market development.

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In the LED video walls market, outdoor deployment type models are gaining high traction owing to their applications in advertisements, sports events, concerts, award functions, and intelligent traffic systems. These video walls are used in indoor applications such as business presentations, indoor advertisements, and museum displays. Outdoor environments, such as malls, live concert & sports stadiums, and railway stations, utilize these devices for advertising purposes to attract the crowd. Features, such as durability, high brightness, and high image quality, support their sustenance in harsh outdoor conditions. Additionally, the rapid growth of the advertisement & promotion sector is due to increased competition within business enterprises, aiding the LED video walls market development.

The key players operating in the LED video walls market include Koninklijke Philips N.V., Samsung Electronics Co. Ltd., Delta Electronics Inc., Planar, DynaScan Technology, Inc., Daktronics, Inc., LG Display Co. Ltd., Delphi Display Systems, Inc., Toshiba Corporation, and Electronic Displays, Inc. These players are focusing on merger & acquisition activities and partnerships and are highly investing in R&D to develop innovative products to strengthen the product portfolio and gain a competitive advantage.

Methodology used in the LED Video Walls Market Report –

Our researchers and domain experts use a unique blend of primary and secondary research, with validation and iterations at every stage, in order to minimize deviation and present the most accurate analysis of the led video walls market. The research process begins with extensive data mining, using authentic sources such as trade magazines, technical publications, independent studies along with paid avenues such as ICIS, Hoovers, etc.  Primary objectives of data mining include:

  • LED Video Walls Market Definition and scope of research
  • Market dynamics, growth drivers and industry pitfalls
  • Regulatory and political guidelines for the industry
  • Demographics and statistical data

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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