Global LED Modular Display Market: Industry Analysis and Forecast (2020-2026) – By Type, and Region.

Global LED Modular Display Market is expected to grow at a CAGR of 13.03% during the forecast period and market is expected to reach US$ 12.20 Bn. by 2026. The global LED Modular Display market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global LED Modular Display report also provides trends by market segments, technology, and investment with a competitive landscape.

Overview of LED Modular Display:

A modular LED display is a self-contained box that may be connected to form a larger structure, such as a complete LED display or sign. Building displays with modular (cabinets) have several advantages, including enhanced productivity, higher quality, more consistent manufacturing, shorter lead times, and greater design freedom to make small signs or enormous spectral displays with ease. Any screen size or arrangement can be made with modular digital LED screens. The modules are available in a wide range of sizes as well as pixel pitches. Display Innovations provide digital LED screens for several applications, as well as installation, support, and maintenance.

Global LED Modular Display Market Dynamics:

Over the projected period, the market is expected to increase due to the rising adoption of LED modular displays in a variety of applications such as retail stores, airports, railways, media & advertising, sports & entertainment, and control rooms. Furthermore, an increasing number of outdoor events, such as sporting events, music concerts, product launches, brand endorsements, traditional advertising, dynamic content, and social media video advertising to promote their events. The demand for LED modular displays is likely to increase as a result of this. To boost customer engagement, many firms are turning to innovative technologies like augmented reality, artificial intelligence, machine learning, and big data. Customers can virtually try on clothes in retail outlets using interactive displays. Approximately 2500 modular led screen products are available on Alibaba.com. On the website, customers could choose from a large range of modular led screen solutions.

Global LED Modular Display Market: Impact of Covid-19

The COVID-19 pandemic outbreak is likely to have a significant influence on the LED modular display market. Because public locations are closed owing to the lockdowns, and no marketing activities are being carried out in public locations, demand for LED modular displays has decreased significantly. Conversely, after the lockdown limitations are lifted and public meetings and outdoor activities, such as conferences, athletic events, and concerts resume the market.

Recent Launch by Sony:

In January 2021, The modular Crystal LED C-series (ZRD-C12A/C15A) with high contrast and B-series (ZRD-B12A/B15A) with high brightness are the latest innovations in premium direct view LED from Sony Electronics.

Global LED Modular Display Market Segmentation:

Global LED Modular Display Market To know about the Research Methodology :- Request Free Sample Report Based on the type, the led modular display market is segmented into indoor modular screens and outdoor modular screens. In 2019, the outdoor modular screens sector had the highest revenue share of over 50.12 % and this growth is expected to continue over the projected period. Outdoor LED screens are specifically developed to present information in a visually appealing manner even under extreme weather situations such as heat, dust, and rain. For outdoor applications such as stadiums, outdoor advertisements, and public displays, a variety of models are available in a variety of cabinet designs. Outdoor modular LED screens have revolutionized the appearance and experience of outdoor advertising. The seamless experience on the LED video walls is now popular with the target demographic. Outdoor modular LED video wall displays immediately reach out to specific groups, assisting in the conversion of such individuals into potential consumers. Because of their high power and ability to adapt to changing conditions, outdoor LED screens are affecting the industry.

Benefits Offered By Outdoor Modular Screens:

Outdoor LED screens are made using high-quality, cutting-edge LED technology that includes LED components with exceptional brightness, contrast, and color reproduction. Outdoor LED display screens are waterproof and can survive all types of weather. LED parts are used to make the display board, which has numerous benefits such as high resolution, a broad viewing angle, vivid color stability, low power consumption, and long service life. There are many more outdoor advertising options such as billboard advertising, lamppost advertising, and so on. However, LED digital screen advertising can overcome the majority of the drawbacks of the previously mentioned methods of advertising. In Shenzhen, China, ABXLED is the leading manufacturer of LED screen products and services.

Global LED Modular Display Market Regional Insights:

In 2019, the European market accounted for about 36.12 % of total sales. Due to strong demand from digital-out-of-home (DOOH) advertising initiatives and rapid acceptance of the technologies in the United Kingdom, Germany, Italy, and Belgium, among other nations, the area retains a major position. Furthermore, the growing number of corporate exhibits, sporting events, and live concerts in Europe is likely to boost demand for LED modular displays. From 2020 to 2026, the Asia Pacific regional market is expected to grow at the fastest rate of XX%. Regional growth is likely to be fueled by the continued construction of public venues and the consequent use of new display technology for advertising purposes.

DOOH Benefits:

The digital-out-of-home (DOOH) advertising market is divided into four categories based on product: digital billboards, digital signs, digital displays, and others. The digital billboard segment dominated the European market, thanks to continued technology developments that make them more target-specific, provide a wider variety of interaction, and the capacity to run several digital outdoor advertisements. In addition, the retail sector of the digital-out-of-home (DOOH) advertising business offers many opportunities in 2021. This can be linked to rising advertising expenditures by retailers, merchants' increased attention on publicity in promotional activities, and the rapid rise of internet retail enterprises, among other factors. The objective of the report is to present a comprehensive analysis of the Global LED Modular Display Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Global LED Modular Display Market dynamics, structure by analyzing the market segments and project the global LED Modular Display market size. Clear representation of competitive analysis of key players By Type, price, financial position, product portfolio, growth strategies, and regional presence in the Global LED Modular Display Market make the report investor’s guide.

Global LED Modular Display Market Scope: Inquire before buying

Global LED Modular Display Market 2

Global LED Modular Display Market, by Region

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

Global LED Modular Display Market Key Players

• Sony Corporation • NEC Corporation • Barco NV • Samsung Electronics Co., Ltd. (Samsung Group) • Prismaflex International Group • Leyard Optoelectronic Co. (Planar Systems, Inc.) • Shenzhen Absen Optoelectronic Co Ltd. • Pro Display • Yaham Optoelectronics Co., Ltd. • PixelFLEX • Pixel Led Wall (OPC) Private Limited • LIGHTVU • Absen • Planar • MacroPix • ClearLED Ltd. • Other Key Players
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global LED Modular Display Market Size, by Market Value (US$ Bn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2019 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the LED Modular Display Market 3.4. Geographical Snapshot of the LED Modular Display Market, By Manufacturer share 4. Global LED Modular Display Market Overview, 2019-2026 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global LED Modular Display Market 5. Supply Side and Demand Side Indicators 6. Global LED Modular Display Market Analysis and Forecast, 2019-2026 6.1. Global LED Modular Display Market Size & Y-o-Y Growth Analysis. 7. Global LED Modular Display Market Analysis and Forecasts, 2019-2026 7.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 7.1.1. Indoor Modular Screens 7.1.2. Outdoor Modular Screens 8. Global LED Modular Display Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2019-2026 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America LED Modular Display Market Analysis and Forecasts, 2019-2026 9.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 9.1.1. Indoor Modular Screens 9.1.2. Outdoor Modular Screens 10. North America LED Modular Display Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2019-2026 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. LED Modular Display Market Analysis and Forecasts, 2019-2026 11.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 12. Canada LED Modular Display Market Analysis and Forecasts, 2019-2026 12.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 13. Mexico LED Modular Display Market Analysis and Forecasts, 2019-2026 13.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 14. Europe LED Modular Display Market Analysis and Forecasts, 2019-2026 14.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 15. Europe LED Modular Display Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2019-2026 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. LED Modular Display Market Analysis and Forecasts, 2019-2026 16.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 17. France LED Modular Display Market Analysis and Forecasts, 2019-2026 17.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 18. Germany LED Modular Display Market Analysis and Forecasts, 2019-2026 18.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 19. Italy LED Modular Display Market Analysis and Forecasts, 2019-2026 19.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 20. Spain LED Modular Display Market Analysis and Forecasts, 2019-2026 20.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 21. Sweden LED Modular Display Market Analysis and Forecasts, 2019-2026 21.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 22. CIS Countries LED Modular Display Market Analysis and Forecasts, 2019-2026 22.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 23. Rest of Europe LED Modular Display Market Analysis and Forecasts, 2019-2026 23.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 24. Asia Pacific LED Modular Display Market Analysis and Forecasts, 2019-2026 24.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 25. Asia Pacific LED Modular Display Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2019-2026 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China LED Modular Display Market Analysis and Forecasts, 2019-2026 26.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 27. India LED Modular Display Market Analysis and Forecasts, 2019-2026 27.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 28. Japan LED Modular Display Market Analysis and Forecasts, 2019-2026 28.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 29. South Korea LED Modular Display Market Analysis and Forecasts, 2019-2026 29.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 30. Australia LED Modular Display Market Analysis and Forecasts, 2019-2026 30.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 31. ASEAN LED Modular Display Market Analysis and Forecasts, 2019-2026 31.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 32. Rest of Asia Pacific LED Modular Display Market Analysis and Forecasts, 2019-2026 32.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 33. Middle East Africa LED Modular Display Market Analysis and Forecasts, 2019-2026 33.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 34. Middle East Africa LED Modular Display Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2019-2026 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa LED Modular Display Market Analysis and Forecasts, 2019-2026 35.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 36. GCC Countries LED Modular Display Market Analysis and Forecasts, 2019-2026 36.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 37. Egypt LED Modular Display Market Analysis and Forecasts, 2019-2026 37.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 38. Nigeria LED Modular Display Market Analysis and Forecasts, 2019-2026 38.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 39. Rest of ME&A LED Modular Display Market Analysis and Forecasts, 2019-2026 39.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 40. South America LED Modular Display Market Analysis and Forecasts, 2019-2026 40.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 41. South America LED Modular Display Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2019-2026 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil LED Modular Display Market Analysis and Forecasts, 2019-2026 42.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 43. Argentina LED Modular Display Market Analysis and Forecasts, 2019-2026 43.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 44. Rest of South America LED Modular Display Market Analysis and Forecasts, 2019-2026 44.1. Market Size (Value) Estimates & Forecast By Type, 2019-2026 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global LED Modular Display Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. PixelFLEX 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Sony Corporation 45.3.3. NEC Corporation 45.3.4. Barco NV 45.3.5. Samsung Electronics Co., Ltd. (Samsung Group) 45.3.6. Prismaflex International Group 45.3.7. Leyard Optoelectronic Co. (Planar Systems, Inc.) 45.3.8. Shenzhen Absen Optoelectronic Co Ltd. 45.3.9. Pro Display 45.3.10. Yaham Optoelectronics Co., Ltd. 45.3.11. Pixel Led Wall (OPC) Private Limited 45.3.12. LIGHTVU 45.3.13. Absen 45.3.14. Planar 45.3.15. MacroPix 45.3.16. ClearLED Ltd. 45.3.17. Other Key Players 46. Primary Key Insight

About This Report

Report ID 102594
Category Electronics
Published Date May 2021
Updated Date
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