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Global LED Video Walls Market Share, Size, Forecast: By Service Type: Installation, Repairing/Maintenance, Rental; By Location: Outdoor, Indoor; By Application: Retail, Airports/Railways, Building and Construction, Media and Advertising, Others; Regional Analysis; Competitive Landscape; Key Trends and Developments in the Market; 2023-2028

Global LED Video Walls Market Outlook

The global market size for LED video walls reached a value of more than USD 18.54 billion in 2021. The global LED video walls market is expected to grow at a CAGR of 11.50% between 2023 and 2028, reaching a value of USD 35.63 billion by 2027.

 

Key Trends in the Market

LED video walls feature light emitting diodes that are used to create a big screen which can display high quality pictures and provide an undisturbed viewing experience. An LED video wall consists of more than one video screen, with the screens fixed together to generate larger visuals or windows of multiple visuals. They can be formed with the help of video projectors, LCD or LED screens, and television sets.

 

  • The transportation sector has extensive use of LED video walls for displaying information of important events such as arrival and departure of transportation services such as bus, trains, and flights. This usage is a rising trend, contributing to the growth of the market.
  • LED walls are used widely by businesses to advertise or launch their products for greater publicity, helping them reach more customers, and in creating a big impact on prospective customers. This activity has increased the use of LED walls and surged the overall LED video walls market.
  • Technological advancements in the LED video walls due to the changing demands of consumers is ongoing, which is contributing to the growth of the market for LED video walls. Fine pitch LED video walls and dubbed planar direct light ultra-series are some of the recent developments that are helping evolve the market.
  • The availability of rental LED video walls is a growing trend in the market, enabling end users to deploy LED video walls without need of purchasing the entire setup which could be expensive and require maintenance.

 

Market Analysis

Based on service type, the market can be segmented into installation, repairing/maintenance, and rental. On the basis of location, it can be bifurcated into outdoor and indoor. By application the market is segmented into retail, airports/railways, building and construction, media and advertising, sports and entertaining, hotel and restaurants, and others. Based on region, the market can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global LED video walls market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.

 

  • Samsung Electronics Co Ltd.
  • LG Electronics Inc.
  • Toshiba Corporation
  • Panasonic Corporation
  • ViewSonic Corporation
  • Sharp NEC Display Solutions
  • Others

 

Market Share by Location

Outdoor LED video walls are big screens set up to display a panoramic view with relatively lower resolution for the viewers who are at farther distance but with a high pixel pitch resolution. The outdoor segment has a strong position in the LED video walls market for advertising applications as they can reach more people.

 

Indoor LED video walls can display vivid graphics due to the presence of stable lighting. They provide flexibility and versatility with high performance. However, indoor LED video walls are visible only to users within the sight range of the indoor wall, due to which they are preferred for targeted displays and messaging rather than general advertising.

 

Market Share by Region

Rise in the number of entertainment events and outdoor sports in the Asia Pacific is increasing the demand for the LED video walls in that region. Countries like India, China, and Japan utilise LED video walls for advertisements and for awareness programmes to reach to maximum population, contributing to the LED video walls market.

 

The market for LED video walls is also projected to expand in North America, due to the increasing investments in advertising. With competition amongst brands, LED video walls can help create a bigger impact on potential customers, due to which companies are using LED video walls for advertising purposes.

 

Competitive Landscape

Samsung Electronics Co Ltd. founded in 1969 has its headquarter in Suwon, South Korea. It is a leading global electronics corporation who believes in developing superior quality products and services to contribute to the making of a better world.

 

LG Electronics Inc. is a South Korean electronics company which was established in 1958 based out of Seoul, South Korea. They develop and supply daily use appliances such as refrigerators, washing machines, smartphones, televisions, other luxury appliances such as home theatre systems, solar modules, smart devices, and many others.

 

Toshiba Corporation founded in 1875 has its headquarter located in Tokyo, Japan. Keeping their focus on digital technology, they apply their creativity and capabilities in device, energy, and infrastructure sectors to create an improved and sustainable world.

 

Other market players include Panasonic Corporation, ViewSonic Corporation, and Sharp NEC Display Solutions, among others.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Service Type
  • Location
  • Application
  • Region
Breakup by Service Type
  • Installation
  • Repairing/Maintenance
  • Rental
Breakup by Location
  • Outdoor
  • Indoor
Breakup by Application
  • Retail
  • Airports/Railways
  • Building and Construction
  • Media and Advertising
  • Sports and Entertaining
  • Hotel and Restaurants
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT
  • Porter's Five Forces
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Samsung Electronics Co Ltd.
  • LG Electronics Inc.
  • Toshiba Corporation
  • Panasonic Corporation
  • ViewSonic Corporation
  • Sharp NEC Display Solutions
  • Others

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global LED Video Walls Market Analysis

    8.1    Key Industry Highlights
    8.2    Global LED Video Walls Historical Market (2018-2022) 
    8.3    Global LED Video Walls Market Forecast (2023-2028)
    8.4    Global LED Video Walls Market by Service Type
        8.4.1    Installation
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2018-2022)
            8.4.1.3    Forecast Trend (2023-2028)
        8.4.2    Repairing/Maintenance
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2022)
            8.4.2.3    Forecast Trend (2023-2028)
        8.4.3    Rental
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2018-2022)
            8.4.3.3    Forecast Trend (2023-2028)
    8.5    Global LED Video Walls Market by Location
        8.5.1    Outdoor
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2018-2022)
            8.5.1.3    Forecast Trend (2023-2028)
        8.5.2    Indoor
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2022)
            8.5.2.3    Forecast Trend (2023-2028)
    8.6    Global LED Video Walls Market by Application
        8.6.1    Retail
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2018-2022)
            8.6.1.3    Forecast Trend (2023-2028)
        8.6.2    Airports/Railways
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2018-2022)
            8.6.2.3    Forecast Trend (2023-2028)
        8.6.3    Building and Construction
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2018-2022)
            8.6.3.3    Forecast Trend (2023-2028)
        8.6.4    Media and Advertising
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2018-2022)
            8.6.4.3    Forecast Trend (2023-2028)
        8.6.5    Sports and Entertaining
            8.6.5.1    Market Share
            8.6.5.2    Historical Trend (2018-2022)
            8.6.5.3    Forecast Trend (2023-2028)
        8.6.6    Hotel and Restaurants
            8.6.6.1    Market Share
            8.6.6.2    Historical Trend (2018-2022)
            8.6.6.3    Forecast Trend (2023-2028)
        8.6.7    Others
    8.7    Global LED Video Walls Market by Region
        8.7.1    North America
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2018-2022) 
            8.7.1.3    Forecast Trend (2023-2028)
        8.7.2    Europe
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2018-2022) 
            8.7.2.3    Forecast Trend (2023-2028)
        8.7.3    Asia Pacific
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2018-2022) 
            8.7.3.3    Forecast Trend (2023-2028)
        8.7.4    Latin America
            8.7.4.1    Market Share
            8.7.4.2    Historical Trend (2018-2022) 
            8.7.4.3    Forecast Trend (2023-2028)
        8.7.5    Middle East and Africa
            8.7.5.1    Market Share
            8.7.5.2    Historical Trend (2018-2022) 
            8.7.5.3    Forecast Trend (2023-2028)
9    North America Market Analysis
    9.1    United States of America 
        9.1.1    Market Share
        9.1.2    Historical Trend (2018-2022) 
        9.1.3    Forecast Trend (2023-2028)
    9.2    Canada
        9.2.1    Market Share
        9.2.2    Historical Trend (2018-2022) 
        9.2.3    Forecast Trend (2023-2028)
10    Europe Market Analysis
    10.1    United Kingdom
        10.1.1    Market Share
        10.1.2    Historical Trend (2018-2022) 
        10.1.3    Forecast Trend (2023-2028)
    10.2    Germany
        10.2.1    Market Share
        10.2.2    Historical Trend (2018-2022) 
        10.2.3    Forecast Trend (2023-2028)
    10.3    France
        10.3.1    Market Share
        10.3.2    Historical Trend (2018-2022) 
        10.3.3    Forecast Trend (2023-2028)
    10.4    Italy
        10.4.1    Market Share
        10.4.2    Historical Trend (2018-2022) 
        10.4.3    Forecast Trend (2023-2028)
    10.5    Others
11    Asia Pacific Market Analysis
    11.1    China
        11.1.1    Market Share
        11.1.2    Historical Trend (2018-2022) 
        11.1.3    Forecast Trend (2023-2028)
    11.2    Japan
        11.2.1    Market Share
        11.2.2    Historical Trend (2018-2022) 
        11.2.3    Forecast Trend (2023-2028)
    11.3    India
        11.3.1    Market Share
        11.3.2    Historical Trend (2018-2022) 
        11.3.3    Forecast Trend (2023-2028)
    11.4    ASEAN
        11.4.1    Market Share
        11.4.2    Historical Trend (2018-2022) 
        11.4.3    Forecast Trend (2023-2028)
    11.5    Australia
        11.5.1    Market Share
        11.5.2    Historical Trend (2018-2022) 
        11.5.3    Forecast Trend (2023-2028)
    11.6    Others
12    Latin America Market Analysis
    12.1    Brazil
        12.1.1    Market Share
        12.1.2    Historical Trend (2018-2022) 
        12.1.3    Forecast Trend (2023-2028)
    12.2    Argentina
        12.2.1    Market Share
        12.2.2    Historical Trend (2018-2022) 
        12.2.3    Forecast Trend (2023-2028)
    12.3    Mexico
        12.3.1    Market Share
        12.3.2    Historical Trend (2018-2022) 
        12.3.3    Forecast Trend (2023-2028)
    12.4    Others
13    Middle East and Africa Market Analysis
    13.1    Saudi Arabia
        13.1.1    Market Share
        13.1.2    Historical Trend (2018-2022) 
        13.1.3    Forecast Trend (2023-2028)
    13.2    United Arab Emirates
        13.2.1    Market Share
        13.2.2    Historical Trend (2018-2022) 
        13.2.3    Forecast Trend (2023-2028)
    13.3    Nigeria
        13.3.1    Market Share
        13.3.2    Historical Trend (2018-2022) 
        13.3.3    Forecast Trend (2023-2028)
    13.4    South Africa
        13.4.1    Market Share
        13.4.2    Historical Trend (2018-2022) 
        13.4.3    Forecast Trend (2023-2028)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Competitive Landscape
    15.1    Market Structure
    15.2    Company Profiles
        15.2.1    Samsung Electronics Co Ltd. 
            15.2.1.1    Company Overview
            15.2.1.2    Product Portfolio
            15.2.1.3    Demographic Reach and Achievements
            15.2.1.4    Certifications
        15.2.2    LG Electronics Inc.
            15.2.2.1    Company Overview
            15.2.2.2    Product Portfolio
            15.2.2.3    Demographic Reach and Achievements
            15.2.2.4    Certifications
        15.2.3    Toshiba Corporation
            15.2.3.1    Company Overview
            15.2.3.2    Product Portfolio
            15.2.3.3    Demographic Reach and Achievements
            15.2.3.4    Certifications
        15.2.4    Panasonic Corporation
            15.2.4.1    Company Overview
            15.2.4.2    Product Portfolio
            15.2.4.3    Demographic Reach and Achievements
            15.2.4.4    Certifications
        15.2.5    ViewSonic Corporation
            15.2.5.1    Company Overview
            15.2.5.2    Product Portfolio
            15.2.5.3    Demographic Reach and Achievements
            15.2.5.4    Certifications
        15.2.6    Sharp NEC Display Solutions
            15.2.6.1    Company Overview
            15.2.6.2    Product Portfolio
            15.2.6.3    Demographic Reach and Achievements
            15.2.6.4    Certifications
        15.2.7    Others
16    Key Trends and Developments in the Market

 

List of Figures and Tables

1.    Global LED Video Walls Market: Key Industry Highlights, 2018 and 2028
2.    Global LED Video Walls Historical Market: Breakup by Service Type (USD Million), 2018-2022
3.    Global LED Video Walls Market Forecast: Breakup by Service Type (USD Million), 2023-2028
4.    Global LED Video Walls Historical Market: Breakup by Location (USD Million), 2018-2022
5.    Global LED Video Walls Market Forecast: Breakup by Location (USD Million), 2023-2028
6.    Global LED Video Walls Historical Market: Breakup by Application (USD Million), 2018-2022
7.    Global LED Video Walls Market Forecast: Breakup by Application (USD Million), 2023-2028
8.    Global LED Video Walls Historical Market: Breakup by Region (USD Million), 2018-2022
9.    Global LED Video Walls Market Forecast: Breakup by Region (USD Million), 2023-2028
10.    North America LED Video Walls Historical Market: Breakup by Country (USD Million), 2018-2022
11.    North America LED Video Walls Market Forecast: Breakup by Country (USD Million), 2023-2028
12.    Europe LED Video Walls Historical Market: Breakup by Country (USD Million), 2018-2022
13.    Europe LED Video Walls Market Forecast: Breakup by Country (USD Million), 2023-2028
14.    Asia Pacific LED Video Walls Historical Market: Breakup by Country (USD Million), 2018-2022
15.    Asia Pacific LED Video Walls Market Forecast: Breakup by Country (USD Million), 2023-2028
16.    Latin America LED Video Walls Historical Market: Breakup by Country (USD Million), 2018-2022
17.    Latin America LED Video Walls Market Forecast: Breakup by Country (USD Million), 2023-2028
18.    Middle East and Africa LED Video Walls Historical Market: Breakup by Country (USD Million), 2018-2022
19.    Middle East and Africa LED Video Walls Market Forecast: Breakup by Country (USD Million), 2023-2028
20.    Global LED Video Walls Market Structure

Key Questions Answered in the Report

The global market size for LED video walls reached a value of more than USD 18.54 billion in 2021.

The global market for LED video walls is expected to grow at a CAGR of 11.50% between 2023 and 2028.

High picture quality, low maintenance, and automatic control technology are the major market drivers.

The key trends of the market are displaying of important information, advertisement applications, technological advancements, and rental services for LED video walls.

The regional markets can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key players in the global LED video walls market are Samsung Electronics Co Ltd., LG Electronics Inc., Toshiba Corporation, Panasonic Corporation, ViewSonic Corporation, and Sharp NEC Display Solutions, among others.

LED video walls comprise of light emitting diodes that are used to create a big screen which can display high quality pictures and provide a superior viewing experience.

An LED video wall consists of more than one video screen that are fixed together to generate larger visuals or windows of multiple visuals.

The market for LED video walls is segmented based on service type, location, application, and region.

Based on location the market is divided into outdoor and indoor.

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