Large Format Display (LFD) Market: Current Trends and Future Opportunities by 2024
The Global Large Format Display (LFD) Market accounted to USD 9.2 billion in 2016 growing at a CAGR of 7.0% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Market Definition: Global Large Format Display (LFD) Market
Large format displays (LFDs) are flat screens that are sleek and very minimal in design, allowing businesses to display messages and presentations to customers and visitors. The LFDs are used indoor and outdoor both. The latest trend in this market is availability of different type of displays with many advance features, demand for low power consuming or power efficient displays make the market grow. There is need of LFDs for several applications like Commercial, Infrastructural, Institutional, Industrial and others will create a huge market for the FLDs.
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Competitive Analysis: Global Large Format Display (LFD) Market
Global Large Format Display (LFD) Market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of flow cytometry market for global, Europe, North America, Asia Pacific and South America.
Major Market Competitors: Global Large Format Display (LFD) Market
Some of the major players operating in large format display (LFD) market are Samsung Electronics, Co., Ltd, LG Display Co., Ltd., NEC Corp., Sharp Corp. (Foxconn),Leyard Optoelectronic Co., Ltd., Barco NV, Sony Corp., TPV Technology Ltd., E Ink Holdings, Inc., Au Optronics Corp.,Deepsky Corp. Ltd.,Eyevis, Vtron Group Co., Ltd.,Aoto Electronics Co., Ltd., Shenzhen Unilumin Group Co., Ltd. Among others. In 2017, Samsung Electronics launchedQLEDs (Quantum Dot 4K Ultra HDTVs).
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Major market drivers and restraints:
• Increasing innovation in Direct-View Fine-Pixel Led displays
• Availability of highly bright HD LFDs offering better stability, flexibility, sustainability, and environment resistance
• Increasing demand for power-efficient LFDs
• Increased use digital signage
• Increased digital Advertisement
• Alternatives such as projectors and screenless displays
Market Segmentation: Global Large Format Display (LFD) Market
On the basis of display type the large format display (LFD) market is segmented into Video Wall & Standalone. The standalone market is expected to grow in the forecasted period.
On the basis of technology the large format display (LFD) market is segmented into LED-Backlit LCD, Direct-View LED, OLED, E-Paper. The OLED market is expected to grow in the forecasted period.
On the basis of application the large format display (LFD) market is segmented into Indoor, and Outdoor. The indoor market is expected to grow in the forecasted period.
On the basis of end-user the large format display (LFD) market is segmented into Commercial, Infrastructural, Institutional, and Industrial. The commercial market is expected to grow in the forecasted period.
On the basis of geography, large format display (LFD) market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
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