Press release
Large Format Display Market to Receive overwhelming hike in Revenues by 2027
Large format displays market is witnessing rapid technological changes, for instance, introduction of electronic paper large format displays. These are low power, ultra-thin and sunlight readable which makes them ideal for use in outdoor applications in transportation, retail and gas stations among others.
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Large Format Display Market: Drivers and Restraints
Primary driver for large format displays is the availability of ultra-high definition displays with enhanced readability features. These features help display pristine image quality with readability from virtually every angle. Also, large format display is making big impact on digital signage market. Retail is one of the most important segments driving the growth of large format displays.
However, high cost deter many end-users to adopt these large format displays. Instead they opt for low cost LCD displays. Also, fluctuating prices of display panels and alternative wide screen options also hamper the growth of market.
Global Large Format Display Market: Market Segmentation
Global large format display market can be divided into four segments, based on Technology, Type, Application and End-user.
Segmentation on basis of Technology for Large Format Display Market:
The major segments of large format display market on basis of technology include:
LED backlit display
OLED
e-Paper
Segmentation on basis of Type for Large Format Display Market:
The major segments of large format display market on basis of type include:
Video Wall
Standalone display
Segmentation on basis of Application for Large Format Display Market:
The major segments of large format display market on basis of application include:
Indoor
Outdoor
Segmentation on basis of End-user for Large Format Display Market:
The major segments of large format display market on basis of end-user include:
Commercial
Retail
Hospitality
Healthcare
Government, and Command and Control Centers
Infrastructural
Sports and Entertainment
Transportation
Industrial
Educational
Others
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Global Large Format Display Competitive Landscape
Some of the major Large Format Display vendors include Barco NV, E Ink Holdings, Inc., Leyard Optoelectronic Co., Ltd., LG Display Co., Ltd., NEC Corporation, Samsung Electronics Co., Ltd., Sharp Corporation, Sony Corporation and TPV Technology Ltd. and among others.
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