Global demand for Large Format Display (LFD) is expected to be valued at US$ 13,564.2 Million in 2022, rising at a 5.8% CAGR to US$ 23,876.3 Million from 2022 to 2032. Growth is attributed to an increase in digital signage applications.
Continuous advancement in display technology is creating demand for better picture quality displays for residential, commercial, industrial as well as educational purpose. Large format displays offer high resolution picture quality which create a lasting experience. Large format displays are used for several purposes such as for projecting posters, advertisements or general messages for customers. Furthermore, interactive features such as touchscreen capabilities make these displays a primary choice for commercial purpose.
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Large format displays market is witnessing rapid technological changes, for instance, introduction of electronic paper large format displays. These are low power, ultra-thin and sunlight readable which makes them ideal for use in outdoor applications in transportation, retail and gas stations among others.
Large Format Display Market: Drivers and Restraints
Primary driver for large format displays is the availability of ultra-high definition displays with enhanced readability features. These features help display pristine image quality with readability from virtually every angle. Also, large format display is making big impact on digital signage market. Retail is one of the most important segments driving the growth of large format displays.
However, high cost deter many end-users to adopt these large format displays. Instead they opt for low cost LCD displays. Also, fluctuating prices of display panels and alternative wide screen options also hamper the growth of market.
Global Large Format Display Competitive Landscape
Some of the major Large Format Display vendors include Barco NV, E Ink Holdings, Inc., Leyard Optoelectronic Co., Ltd., LG Display Co., Ltd., NEC Corporation, Samsung Electronics Co., Ltd., Sharp Corporation, Sony Corporation and TPV Technology Ltd. and among others.
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Key Segments Profiled In The Large Format Display (LFD) Industry Survey
Large Format Display (LFD) Market By Technology:
- Large Format Display (LFD) with LED backlit display
- Large Format Display (LFD) with OLED
- Large Format Display (LFD) with e-Paper
Large Format Display (LFD) Market By Type:
- Video Wall Large Format Display (LFD)
- Standalone Large Format Display (LFD)
Large Format Display (LFD) Market By Application:
- Indoor Large Format Display (LFD)
- Outdoor Large Format Display (LFD)
Large Format Display (LFD) Market By End-User:
- Commercial Large Format Display (LFD)
- Retail Large Format Display (LFD)
- Hospitality Large Format Display (LFD)
- Healthcare Large Format Display (LFD)
- Government, and Command and Control Centers Large Format Display (LFD)
- Infrastructural Large Format Display (LFD)
- Sports and Entertainment Large Format Display (LFD)
- Transportation Large Format Display (LFD)
- Industrial Large Format Display (LFD)
- Educational Large Format Display (LFD)
- Others
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Large Format Display (LFD) Market By Region:
- North America Large Format Display (LFD) Market
- Latin America Large Format Display (LFD) Market
- Europe Large Format Display (LFD) Market
- Asia Pacific Large Format Display (LFD) Market
- Middle East & Africa Large Format Display (LFD) Market
Table of Content
- Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
- Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
- Market Background
3.1. Market Dynamics
3.2. Scenario Forecast
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