The Global LED Modular Display Market size is estimated at USD 6.45 billion in 2020 and it is expected to reach 12.48 billion by 2030 at a CAGR 13.3%.
LED is known as light emitting diodes. The LED modular display allows any screen size or configuration to be created. The display innovations supplies, installs, and provide support and maintenance for digital LED screens. The LED modular displays are designed for indoor and outdoor use. The LED modular displays consist of flat panel display, which integrates the LEDs and the rest of the necessary electronics.
The rise in the adoption of LED modular displays across various applications like Retail Stores, Sports and Entertainment, Media & Advertising, Airports/ Railways, and Auditoriums & Control Rooms is expected to propel the global LED modular display market. Also, the rise in the number of outdoor events like sports, music concerts, brand endorsements, and political assemblies will positively influence the LED modular market growth over the forecast period. Furthermore, an increase in adoption of advanced technologies such as artificial intelligence, machine learning, big data, and augmented reality to increase customer engagement is expected to fuel the market growth. For instance, retail stores use interactive displays which enable customers to try on dresses virtually.
The huge initial investment expected to hamper the global LED modular display market growth. Also, the rise in COVID 19 pandemic is expected to have a negative impact on the LED modular display market. As the many governments announced lock down to avoid spread of COVID 19 has disrupted the supply chain and manufacturing operations across the globe, The demand for these displays has reduced considerably as public places are closed due to the lock downs.
The Global LED Modular Display Market is segmented on the basis of type such as Indoor modular screens, and Outdoor modular screens. On the basis of application market is segmented into Retail Stores, Sports and Entertainment, Media & Advertising, Airports/ Railways, and Auditoriums & Control Rooms. Further, Global LED Modular Display Market is segmented on the basis of five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Some key players are profiled in this report including Sony Corporation, Samsung, Yaham Optoelectronics Co. Ltd, NEC Display Solutions, Prismaflex, Planar, PixelFLEX, Pro Display, Barco, and SHENZHEN ABSEN OPTOELECTRONIC CO., LTD.
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global LED Modular Display Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global LED Modular Display Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global LED Modular Display Market Share Analysis, By Type
5.3 Global LED Modular Display Market Size and Forecast, By Type
5.3.1 Indoor modular screens
5.3.2 Outdoor modular screens
6 Global LED Modular Display Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global LED Modular Display Market Share Analysis, By Application
6.3 Global LED Modular Display Market Size and Forecast, By Application
6.3.1 Retail Stores
6.3.2 Sports and Entertainment
6.3.3 Media & Advertising
6.3.4 Airports/ Railways
6.3.5 Auditoriums & Control Rooms
7Global LED Modular Display Market, By Region
7.1 Global LED Modular Display Market Share Analysis, By Region
7.2 Global LED Modular Display Market Share Analysis, By Region
7.3 Global LED Modular Display Market Size and Forecast, By Region
8North America LED Modular Display Market Analysis and Forecast (2020 – 2030)
8.1 Introduction
8.2 North America LED Modular Display Market Share Analysis, By Type
8.3 North America LED Modular Display Market Size and Forecast, By Application
8.4 North America LED Modular Display Market Size and Forecast, By Country
8.4.1 U.S
8.4.2 Canada
8.4.3 Mexico
9Europe LED Modular Display Market Analysis and Forecast (2020 – 2030)
9.1 Introduction
9.2 Europe LED Modular Display Market Share Analysis, By Type
9.3 Europe LED Modular Display Market Size and Forecast, By Application
9.4 Europe LED Modular Display Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4. Rest of Europe
10Asia Pacific LED Modular Display Market Analysis and Forecast (2020 – 2030)
10.1 Introduction
10.2 Asia Pacific LED Modular Display Market Share Analysis, By Type
10.3 Asia Pacific LED Modular Display Market Size and Forecast, By Application
10.4 Asia Pacific LED Modular Display Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11Latin America LED Modular Display Market Analysis and Forecast (2020 – 2030)
11.1 Introduction
11.2 Latin America LED Modular Display Market Share Analysis, By Type
11.3 Latin America LED Modular Display Market Size and Forecast, By Application
11.4 Latin America LED Modular Display Market Size and Forecast, By Country
12Middle East LED Modular Display Market Analysis and Forecast (2020 – 2030)
12.1 Introduction
12.2 Middle East LED Modular Display Market Share Analysis, By Type
12.3 Middle East LED Modular Display Market Size and Forecast, By Application
12.4 Middle East LED Modular Display Market Size and Forecast, By Country
13Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14Company Profiles
14.1 Sony Corporation
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2 Samsung
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3 Yaham Optoelectronics Co. Ltd
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 NEC Display Solutions
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 Prismaflex
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 Planar
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 PixelFLEX
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 Pro Display
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 Barco
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10 SHENZHEN ABSEN OPTOELECTRONIC CO., LTD
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies