세계의 LED 비디오 월 시장 예측(-2030년) : 제품 유형별, 유형별, 컴포넌트별, 레이아웃별, 위치별, 디스플레이 기술별, 최종 사용자별, 지역별 분석

According to Stratistics MRC, the Global Light Emitting Diode (LED) Video Walls Market is accounted for $29.18 billion in 2023 and is expected to reach $68.23 billion by 2030 growing at a CAGR of 12.9% during the forecast period. The production, sale, and installation of large-scale display solutions utilizing Light-Emitting Diode (LED) technology are the primary areas of focus for the LED video wall industry. High-resolution displays known as LED video walls are made up of numerous LED panels that are connected invisibly to one another to produce a stunning visual effect. Due to the size and shape flexibility of LED panels, unique video wall configurations can be made to meet particular installation needs. These video walls are also used in a variety of industries, such as retail, sports arenas, control rooms, and entertainment venues.

According to the ITIS (Industrial Technology Information Service) of Taiwan, Taiwan now produces around half the world's demand from its more than 30 LED manufacturers.

Market Dynamics:

Driver:

Growing adoption in all industries

The growth is primarily driven by the expanding use of energy-efficient display systems for promotional activities at an increasing number of music concerts, sporting events, political rallies, and product launches, as well as the requirement to display critical information in control rooms, museums, and exhibitions. Additionally, the extensive innovation of bi-directional interactive video walls improves both the patient experience in hospitals and the shopping experience in retail stores, opening up new opportunities for the LED video wall industry. The need to display information about various items in auditoriums, shopping malls, etc. will also increase demand for LED video walls during the anticipated period.

Restraint:

Higher investment costs

Financial uncertainties may result from higher installation costs for LED video walls. The investment cost of LED video wall displays is high when compared to that of other forms of digital signage. Businesses must set aside money for their LED video wall project. For instance, a 165-inch wall can run between $60,000 and $80,000 for high-end screens. Such factors are likely to impede the market expansion for LED video walls.

Opportunity:

Technological advancements

The LED video walls market is expanding as a result of ongoing technological developments in LED video walls brought on by shifting consumer demands. Dubbed planar direct light ultra-series and fine pitch LED video walls, these are two recent innovations that are influencing the market. Furthermore, the adoption of LED video walls has increased as a result of advancements in cutting-edge technologies like artificial intelligence, machine learning, and big data analytics, which have resulted in the growth of the market.

Threat:

Temperature & age can impact light quality

The LED color shift that occurs with aging could have an effect on quality. Similar to how temperature can affect LEDs, using an LED video wall in colder climates may affect performance. LED walls are also frequently thinner, which makes them more brittle and susceptible to breaking. They might be less portable as a result compared to other video wall options. Such limations may hinder the market in the forecast period.

COVID-19 Impact:

Due to a significant slowdown in manufacturing activities, China, which is the primary manufacturing hub for electronic goods, has been negatively impacted by the COVID-19 outbreak. Video walls are being used as a creative backdrop for broadcasts through online videos, Zoom calls, and other mediums by a variety of businesses that have shifted to remote operations from homes. Due to the unprecedented lockdown that was imposed, LED video walls are experiencing a drop in demand in the entertainment and hospitality sectors.

The transportation segment is expected to be the largest during the forecast period

Over the course of the forecast period, the transportation segment is anticipated to dominate the market with the largest share. The most prevalent digital technology used in the transportation industry is the LED video wall, which is found in major transportation hubs like airports, train stations, and bus terminals. Because of this shift in consumer behavior, businesses are now able to strategically establish their brands in the minds of their target audiences across all transportation modes. This is anticipated to drive the market for LED video walls during the anticipated period.

The direct-view LED video walls segment is expected to have the highest CAGR during the forecast period

The direct-view LED video walls segment is expected to grow significantly in the forecast period. Large displays make up these video walls, which are typically used for outdoor displays. Although they are primarily used for outdoor displays, they are now also better pixel solutions for indoor displays due to changing trends. Additionally, direct-view video walls have the advantage of offering the highest brightness levels, variable pixel options, and almost no bezels, creating a seamless experience.

Region with largest share:

Global sales of LED video walls were dominated by the Asia-Pacific region, and this trend is anticipated to continue during the forecast period. Retailers from nations including South Korea, China, Japan, and India are increasingly utilizing LED video walls to present digital information and cutting-edge advertisements to draw in more customers and compete in the market. The expansion of smart retail, the emergence of interactive display units using VR and AR, and an increase in outdoor sporting and entertainment events in the region have all contributed to the market growth in the area.

Region with highest CAGR:

During the forecast period, North America is expected to register the highest CAGR in the market. In recent days, businesses have been using cutting-edge techniques to interact with their clients via video walls. They are putting them in public places like museums, shops, stadiums, and transportation systems. In the upcoming years, these factors are anticipated to fuel demand for LED video walls in this region.

Key players in the market:

Some of the key players profiled in the Light Emitting Diode (LED) Video Walls Market include: Barco, Cetech, Christie Digital Systems USA Inc., Delphi Display Systems, Delta Electronics Inc., Leyard Optoelectronic Co., Ltd., LG Electronics, Lighthouse Technologies Limited., Panasonic Corporation, Primeview Global, Samsung Electronics, Sharp NEC Display Solutions, Sony Corporation, Toshiba Corporation and ViewSonic Corporation.

Key Developments:

In June 2023, Samsung Electronics announced its new digital signage lineup at InfoComm 2023, North America's largest audiovisual trade show, taking place in Orlando, Florida from June 14 to 16. The Wall for Virtual Production's LED display features pixel pitch options of P1.68 and P2.1, dedicated studio frame rates (23.976, 29.97 and 59.94Hz) and genlocking, which can synchronize the screen with a camera's video signal. The display also boasts a refresh rate of up to 12,288Hz, a max brightness of 1,500nits, a 35,000:1 fixed contrast ratio (for P2.1) and up to 170-degree wide viewing angles. All these new features combine to enable an unprecedented level of picture quality for virtual content.

In October 2022, Planar, a global leader in visualization technology, announced a new addition to the company's portfolio of outdoor fine pitch LED display solutions with the release of a fine pitch, high bright outdoor LED video wall designed for up close viewing. The Planar® Luminate™ Ultra Series LED video wall display features coated LEDs to deliver ruggedness and exceptional image detail for high-ambient light.

Product Types Covered:

• Embedded LED display
• Slatted LED display

Types Covered:

• Blended Projection Video Wall System
• Direct view LED video walls
• Indoor LED video walls

Components Covered:

• Hardware
• Software
• Service

Layouts Covered:

• Standard
• Custom

Locations Covered:

• Indoor
• Outdoor

Display Technologies Covered:

• 2-D Display
• 3-D Display

End Users Covered:

• Banking, Financial Services and Insurance (BFSI)
• Educational Institutes
• Hotel and Restaurants
• Media & Advertising
• Retail
• Sports & Entertainment
• Transportation
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2021, 2022, 2023, 2026 and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Product Analysis
• 3.7 Application Analysis
• 3.8 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Light Emitting Diode (LED) Video Walls Market, By Product Type

• 5.1 Introduction
• 5.2 Embedded LED display
• 5.3 Slatted LED display

6 Global Light Emitting Diode (LED) Video Walls Market, By Type

• 6.1 Introduction
• 6.2 Blended Projection Video Wall System
• 6.3 Direct view LED video walls
• 6.4 Indoor LED video walls

7 Global Light Emitting Diode (LED) Video Walls Market, By Component

• 7.1 Introduction
• 7.2 Hardware
• 7.3 Software
• 7.4 Service
  • 7.4.1 Installation
  • 7.4.2 Maintenance
  • 7.4.3 Rental

8 Global Light Emitting Diode (LED) Video Walls Market, By Layout

• 8.1 Introduction
• 8.2 Standard
• 8.3 Custom

9 Global Light Emitting Diode (LED) Video Walls Market, By Location

• 9.1 Introduction
• 9.2 Indoor
• 9.3 Outdoor

10 Global Light Emitting Diode (LED) Video Walls Market, By Display Technology

• 10.1 Introduction
• 10.2 2-D Display
• 10.3 3-D Display

11 Global Light Emitting Diode (LED) Video Walls Market, By End User

• 11.1 Introduction
• 11.2 Banking, Financial Services and Insurance (BFSI)
• 11.3 Educational Institutes
• 11.4 Hotel and Restaurants
• 11.5 Media & Advertising
• 11.6 Retail
• 11.7 Sports & Entertainment
• 11.8 Transportation
  • 11.8.1 Airports
  • 11.8.2 Railways
  • 11.8.3 Bus Terminals
• 11.9 Other End Users

12 Global Light Emitting Diode (LED) Video Walls Market, By Geography

• 12.1 Introduction
• 12.2 North America
  • 12.2.1 US
  • 12.2.2 Canada
  • 12.2.3 Mexico
• 12.3 Europe
  • 12.3.1 Germany
  • 12.3.2 UK
  • 12.3.3 Italy
  • 12.3.4 France
  • 12.3.5 Spain
  • 12.3.6 Rest of Europe
• 12.4 Asia Pacific
  • 12.4.1 Japan
  • 12.4.2 China
  • 12.4.3 India
  • 12.4.4 Australia
  • 12.4.5 New Zealand
  • 12.4.6 South Korea
  • 12.4.7 Rest of Asia Pacific
• 12.5 South America
  • 12.5.1 Argentina
  • 12.5.2 Brazil
  • 12.5.3 Chile
  • 12.5.4 Rest of South America
• 12.6 Middle East & Africa
  • 12.6.1 Saudi Arabia
  • 12.6.2 UAE
  • 12.6.3 Qatar
  • 12.6.4 South Africa
  • 12.6.5 Rest of Middle East & Africa

13 Key Developments

• 13.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 13.2 Acquisitions & Mergers
• 13.3 New Product Launch
• 13.4 Expansions
• 13.5 Other Key Strategies

14 Company Profiling

• 14.1 Barco
• 14.2 Cetech
• 14.3 Christie Digital Systems USA Inc.
• 14.4 Delphi Display Systems
• 14.5 Delta Electronics Inc.
• 14.6 Leyard Optoelectronic Co., Ltd.
• 14.7 LG Electronics
• 14.8 Lighthouse Technologies Limited.
• 14.9 Panasonic Corporation
• 14.10 Primeview Global
• 14.11 Planar
• 14.12 Samsung Electronics
• 14.13 Sharp NEC Display Solutions
• 14.14 Sony Corporation
• 14.15 Toshiba Corporation
• 14.16 ViewSonic Corporation