The Pixel Pitch LED Market revenues were estimated at US$ 1 Bn in 2021 and is anticipated to grow at a CAGR of 17.4% from 2022-2032, according to a recently published Future Market Insights report. By the end of 2032, the market is expected to reach a valuation of US$ 13.6 Bn. Digital Signage segment is forecasted to grow at the highest CAGR of over 18.1% during 2022-2032.
Users need their message to be seen which makes pixel pitch important in digital signage. Pixel pitch LED screens has a direct effect on the optimal viewing distance. The ability to see individual pixels allows the viewer to approach the display more closely without being distracted.
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The lower the pitch, the closer the viewer can stand to the screen while still seeing a clear image. A higher pitch is required for closer viewing situations, such as an airport, chain store, live stream studios, or any other location where people will be in close proximity and will want to read the information. A lower pitch is used for long-distance viewings, such as in a sports stadium with hundreds of yards of spectators.
The presence of Xtreme Media in India Virtual production opens up a plethora of creative and cost-effective options. Traditional production necessitates a dedicated crew, whereas virtual production drastically reduces costs. Because everything is done on a large screen, there are no complicated settings, which saves time.
It does not entail moving data and files around before combining them into a single composite whole. As coding allows the director to add additional components to any scene, the visuals become more creative. It drastically cuts post-production time. Therefore, the only area where work is increasing is pre-production.
Key Takeaways from the Market Study
● Global Pixel Pitch LED Market is estimated to reach a market size of US$ 2.7 Bn in 2022.
● The Digital Signage segment, is expected to have the highest CAGR rate of 18.1% during the forecast period.
● United States is projected to remain the most dominant market with an absolute dollar growth opportunity of US$ 4.9 Bn during 2022 – 2032.
● The market in India is set to experience the highest CAGR of 26.6% during the 2022-2032 forecast period.
“During the projected period, the increase in the use of fine pixel pitch LED displays in events and advertising, as well as an increase in the use of fine pixel pitch LED displays in the transportation sector will be a key driver in raising the Pixel Pitch LED market revenue.” comments a Future Market Insights analyst.
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Competitive Landscape
The market is fiercely competitive, where key players are increasingly focused to obtain a competitive advantage. The key companies in the Pixel Pitch LED Market are focused on R&D to produce innovative technological solutions.
· In June 2022, the largest LED screen in Europe, measuring 1,020 square metres, was installed on a high-rise building near Austria’s busiest road, just south of Vienna. A semi-transparent LED screen was designed and installed by the Croatian company Rineo Sign Factory, who used approximately 1,400 cabinets of Absen transparent LED modules.
· In May 2021, PixelFLEX’s EF Series product line features a new line of tour production quality LED displays. The new EF Series Assembly line provides more detailed cost flexibility. The EF Series assembly line offers a feature-rich and cost-effective indoor LED lighting solution. With rising options ranging from 1.9 to 4.8 and brightness up to 1,200 Nit, the new EF Series as a whole is an outstanding solution for meeting spaces, religious institutions, and organizational facilities.
· In September 2020, the Planar HRO Series of high pixel density outdoor LED video walls was introduced by Planar. The Planar HRO Series adds a fine pixel pitch LED with high brightness for close-up daylight video viewing to the company’s LED display solution product line. It also delivers powerful visual experiences to audiences even in direct sun.
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Market Segments Covered in Pixel Pitch LED Market Analysis
By Type:
- Upto 3mm
- 1mm to 2mm
- <1mm
By Application:
- Broadcast Screens
- Digital Signage
- Control Room and Monitoring
- Visualization and Simulation
- Others
By Region:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
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