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Large Format Display Market Pegged for Robust Expansion During 2025
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Large format displays are mostly used in commercial or business purpose, to attract the customers or providing the training to working professionals. LFD products offers a impelling set of features and intensified functionality. Some of the key features of large format display includes lowered wiring complexity, better connectivity between different types of devices, connection of numerous displays without deterioration of image quality. LFD’s delivers impressive pictures and high quality sound enabling users to provide mesmeric viewing experience. One of the major restraining factor for LFD’s are its leftover use results into e-wastes and the high cost price in the market. LFD’s mostly depends on its engineering design or else it will result into defective displays. Regular accelerated development in CPU performance, storage capacity, and network bandwidth have provided computational resources to back up high resolution displays and natural human computer interaction. Moreover, with the feeling of enchanting experience, increase in demand and growth of designing and technological advancement are witnessing to match the requirements of the large displays, which is expected to positively support the growth of Large Format Display Market during the forecast period from 2017 to 2025.
The large format display market can be segmented on the basis of mounting type, technology, application, usage type, and geography. The large format display market based on its mounting type is segmented into standalone and video wall. On the basis of technology of the market is segmented into LED Backlit, Direct View LED, OLED, and E paper. Further segmentation by application is bifurcated into residential and commercial. In terms of its usage type the segmentation is done on the basis of its use indoor and outdoor. Large format display market is segmented on the basis of geography into North America, South America, Europe, Asia Pacific, and Middle East & Africa. North America market is expected to have a dominant market share due to the intense competition in marketing and advertising industry. Asia Pacific region is anticipated as an emerging growing market for the large format display due to growing trends in entertainment industry.
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Some of the key manufacturers operating in large format display market includes Sony Corporation, Samsung Electronics Co. Ltd, AU Optronics Corp, Sharp Crporation, LG Display Co., Ltd, TPV Technology Limited, Barco NV, Unilumin Group Co., Ltd, ViewSonic Corporation, E Ink Corporation, and Planar Systems Inc. among others.
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