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U.S. Large Screen Display Market to Grow $1,471.6 Mn, by 2025 at 8.5% CAGR

07-30-2020 11:22 AM CET | Media & Telecommunications

Press release from: Allied Market Research

U.S. Large Screen Display Market to Grow $1,471.6 Mn, by 2025

Rise in demand for bright and power-efficient display panels and rapid digitalization and decline in demand for traditional billboards are the factors that drive the growth of the market. However, deployment of widescreen alternatives such as projectors and screenless displays restrains the growth of the market. Conversely, emerging display technologies such as MicroLED & quantum dots and increase in preference of electronic giants toward large screen displays are likely to create new opportunities for growth of the market.

According to the report, the U.S. large screen display market generated $738.6 million in 2017 and is projected to reach $1,471.6 million by 2025, registering a CAGR of 8.5% from 2018 to 2025.

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100-inch - 149-inch segment to be dominant, above 300-inch segment to grow the fastest through 2025

Among screen sizes, the 100-inch - 149-inch segment was the largest in 2017, accounting for nearly one-third of the market share and would retain its dominance through 2025. This is because these screen displays provide significant picture quality due to their large screens, which features HD resolution videos or images. They are also power-efficient and easy to install and use. However, the above 300-inch segment would grow at the fastest CAGR of 13.8% during the forecast period. This is because these displays are efficient in energy consumption and provide high contrast & brightness, enhancing the clarity of the information displayed.

Key players of the industry

Leading market players analyzed in the research include NEC, Sony, LG, Samsung, Panasonic Corporation of North America, ViewSonic Corporation, Volanti Displays, iSEMC (HHSD), Koninklijke Philips N.V., and Tabler System Inc. These market players have adopted various strategies including collaborations, joint ventures, partnerships, expansions, and others to gain a strong position in the industry.

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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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