Global Large Format Display Market Insights, Trends, Driving Factors, Focus Points, Potential Markets, Developments, Company Share Analysis, and Forecast 2019 – 2028

“Global large format display market” is a recent report generated by MarketResearch.biz, which offers in-depth insights, revenue details, and other vital information regarding the global large format display market. The report contains information regarding the various trends, drivers, restraints, opportunities, and threats in the target market till 2028. The report offers detailed, insightful and accurate information regarding the top 10 key players operating in the target market, their revenue and financials, key developments, strategies, acquisitions & mergers, and market footprint. The global large format display market report has been segmented on the basis of display type, technology, display size, application, end user, and region.

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Product Overview

Large format display screen (monitors and TVs) is used for multipurpose, and is used for residential, commercial, industrial, educational, and business platforms for various types of brand promotions.  Large mounted screens attract consumer attention and also make the advertisements more appealing and attractive. Large format display screens are widely used for displaying digital advertising content and visuals, they function as welcome boards, digital signage, maps, visitor entertainment, collaborative menus, digital classroom, etc.  LED, LCD, and Plasma screens available in the market are innovative large design monitors and are high quality. Touchscreen displays are also available for board meetings or demonstrations.

Positive and Negative Factors

Use of digital media on large format display screen is increasing for purposes of displaying text, information, graphics, or images of high resolution. The trend to use such screens for advertising purpose is gaining traction rapidly, in developed as well as developing countries. Availability of such products on easy to avail discounts in developing countries, especially countries such as India and China, to attract attention of a larger potential consumer base in an effective manner is expected to drive growth of the global large format display market to a significant extent in the near future. In addition, increasing use of multimedia as it provides better screening resolution, and features such as sensation of a real-time audiovisual, completely customizable with the help of local and shared connective, improving brand of an organization and business, are among other major factors expected to boost growth of the global large format display market. Furthermore, availability of substitutes at lower costs such as large posters, hoardings, banners, etc., and high cost of large format screen monitors are among some of the major factors that could restrain growth of the global large format display market.

Segment Analysis:

By Type:

Among the type segments the video wall segment is expected to account for considerable share in terms of revenue in the target market. The standalone segment is projected to witness substantial growth rate in terms of value in the global large format display market.

By Application:

Among the application segments, the indoor segment is estimated to account for dominant share in terms of revenue in the global market.

By End User:

Among the end user segments, the sports & entertainment and healthcare segments are expected to account for higher revenue shares as compared to other end user segments in the global market.

Regional Analysis:

The market in the Asia Pacific is fastest growing currently, and is projected to account for a substantial share in terms of revenue in the target market, owing to increasing number of consumers playing video games, uses of digital communication, adoption by travel agencies, and rising adoption for advanced development of high resolutions technology for marketing in countries in the region. In addition, increasing use of LED and LCD, and OLED displays for advertising purposes in countries in the region is expected to continue to drive market growth. The market in the North America is expected to register significant revenue growth owing to growing demand for LCD and LED monitors for applications in healthcare sector, airports, subways, as well for general advertising purposes in countries in the region and is projected to continue to drive market growth.

Global Market Segmentation:

Global Market Segmentation, by Display Type

• Video Wall
• Standalone

 Global Market Segmentation, by Technology

• LED
• LED Backlit - LCD
• OLED
• Others

 Global Market Segmentation, by Display Size

• 32-40"
• 41-80"
• >80"

 Global Market Segmentation, by Application

• Indoor
• Outdoor

 Global Large Format Display Market, by End User

• Banking, Financial Services, and Insurance (BFSI)
• Sports & Entertainment
• Retail
• Healthcare
• Corporate
• Others

Global Market Segmentation, by Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

• Barco NV
• Sony Corp
• Aoto Electronics Co., Ltd.
• LG Display Co., Ltd.
• Vtron Group Co., Ltd.
• Samsung Electronics Co., Ltd.
• TPV Technology Ltd.
• Samsung Electronics
• LG Display Co., Ltd.