LED Modular Display Market Overview, Size, Growth, Leading Companies, Industry Trends and Research Report 2021-26
According to IMARC Group’s latest report, titled “LED Modular Display Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global LED modular display market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 16% during 2021-2026.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally–our estimates about the latest market trends and forecast values after considering the impact of this pandemic. These observations will be integrated into the report.
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Light-emitting diode (LED) modular display is a self-contained box connected with small independent units and cabinets to form a sign or complete LED display. It is easy to install and offers durability, high-quality visuals, efficiency and scalability. On account of these properties, LED modular display is widely employed at railway stations, airports, exhibitions and auditoriums and airports.
Market Trends and Drivers:
A significant rise in the adoption of LED modular displays in entertainment, media and advertising events is primarily driving the market growth. Additionally, the widespread utilization of advanced technologies, such as big data, augmented reality (AR), artificial intelligence (AI), and machine learning (ML), across the commercial sector for improved customer engagement is propelling the global LED modular display market growth. Other than this, retail stores and e-commerce platforms are increasingly adopting virtual dressing rooms which extensively utilize LED modular displays. This, in turn, is further creating a positive outlook for the market.
LED Modular Display Market 2021-2026 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the LED modular display market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Barco
- NEC Display Solutions Ltd. (Sharp Corporation)
- PixelFLEX
- Planar Systems Inc. (Leyard Optoelectronic Co. Ltd)
- Prismaflex International
- Pro Display
- Samsung Electronics Co. Ltd.
- Shenzhen Absen Optoelectronic Co. Ltd.
- Sony Corporation
- Yaham Optoelectronics Co. Ltd.
Key Market Segmentation:
The report has segmented the global LED modular display market on the basis of display type, application and region
Breakup by Display Type:
- Outdoor Modular Screens
- Indoor Modular Screens
Breakup by Application:
- Retail
- Entertainment
- Media and Advertising
- Transportation
- Healthcare
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
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Key Highlights of the Report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, and nanotechnology industries. We also provide cost model and manufacturing setup project reports through Syndicated Analytics, a subsidiary of IMARC Group.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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