Global LED Video Walls Market is Estimated to Reach at US$ 5.4 Billion by 2032

The global LED video walls industry is expected to experience a Y-o-Y growth of 7.1% for the year 2021-2022. Owing to the continuous developments and evolution, the market is likely to reach US$ 3 Billion in 2022, up from US$ 2.8 Billion in 2021.

The growing demand to display various information regarding several demands such as; the arrival and departure of buses, flights, and trains have enhanced the demand for indoor LED video walls. Also, the requirement to display information about several items in auditoriums, shopping malls, and others, is anticipated to strengthen the market for LED Video walls during the assessment period.

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Key findings of the LED Video Walls market study:

  • The report provides a present market outlook on LED Video Walls. Additionally, the LED Video Walls market share is anticipated to grow with a CAGR of 6.2% in the forecast period.
  • Regional breakdown of the LED Video Walls market based on predefined taxonomy.
  • Innovative manufacturing processes implemented by LED Video Walls vendors in detail.
  • Region-wise and country-wise fragmentation of the LED Video Walls market to grasp the revenue, and growth outlook in these areas.
  • Changing preferences among consumers across various regions and countries.
  • Factors (Positive and Negative) impacting the growth of the global LED Video Walls market.
  • LED Video Walls price, market share, and Trends forecast for assessment period 2022-2032

Competitive Landscape:

Players in the market take various initiatives to offer better services and produce innovative products to secure the forefront position in the global LED video walls market. Some of the recent key developments in the market are:

  • In January 2020, LG Business Solutions USA rolled out two new 55-inch LCD video wall panels that comprise a 0.44 mm bezel for virtually seamless video wall installations and a new embedded Smart Calibration tool that lessens the maintenance and installation time by 97%.
  • In April 2022, the Oregon-based Planar, a known visualization technology provider, announced its plans to prepare a diverse portfolio of emerging broadcast technologies at NAB 2022. The enterprise will demonstrate the modern developments for broadcast production needs. It will range from cutting-edge fine pitch LED display solutions for in-camera virtual production to state-of-the-art motion capture (Mocap) solutions for fine camera tracking. NAB 2022 also marks the first NAB show since the launch of Planar Studios in 2021.

The LED Video Walls industry is dominated by some prominent players including:

  • Barco NV
  • Daktronics, Inc.
  • LG Display Co. Ltd.
  • Leyard Optoelectronic Co. Ltd.
  • Delphi Display Systems, Inc.

What makes this Research different from others?

  • COVID- Impact analysis- The report includes details of the impact of the pandemic on the LED Video Walls market further including insights on the pre-COVID situation. Additionally, this report benefits in terms of post-COVID recovery prospects, changing consumer demands, and buying patterns valuable for LED Video Walls companies.
  • Industrial trend analysis- The research covers recent trends in the field of LED Video Walls which are augmented with the applicable technologies and shifts in industrial processes. The scope for digital and industrial technologies is discussed in order to help client firms to understand the benefits and risks included in light of market trends.
  • LED Video Walls Sustainability metrics- The rising concerns of environmentally friendly production and consumption are taken to next level in this research, as research is focused on emerging methods of ensuring sustainability. These insights include climate-friendly initiatives adopted by some players in the industry. Furthermore, details of manufacturers’ impact on carbon footprint are evaluated intend to make clients aware of their contribution to sustainable development goals.

Key Segments Profiled in the Global LED Video Walls Market:

·         By Installation Type :

  • Indoor
  • Outdoor

·         By Service :

  • Installation
  • Repairing/ Maintenance
  • Rental

·         By Region :

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

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How will be insights and market estimations provided in the Fact.MR report on the Demand of LED Video Walls make a difference?

  • The study takes a closer look at the major economic turmoil, with a focus on the recent COVID-19 pandemic disruptions
  • The assessment of key growth dynamics highlights the attractiveness of new automation technologies and offers readers insight on the prospect of these during the forecast period
  • The study tries to offer a balance perspective of the opportunities in mature and the most lackluster markets
  • Provides scrutiny of the industry trends that have shaped recent government policies
  • Provides an account of major breakthroughs in all segments that might change the course of the market considerably
  • Provides an incisive analysis of socio-political milieu in which the key markets operate, and how will that influence the lucrativeness of the overall LED Video Walls  Market
  • Analyzes how collaborations and partnerships among players from different industries shape the key growth dynamics in the near future
  • Evaluates the role of various stages of funding on new growth avenues in key regional markets

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