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Historical Year
Forecast Year
The global market size for LED video walls reached a value of more than USD 23.05 billion in 2023. The global LED video walls market is expected to grow at a CAGR of 11.50% between 2024 and 2032, reaching a value of USD 61.40 billion by 2032.
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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.
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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.
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.
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.
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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.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Service Type |
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Breakup by Location |
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Breakup by Application |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The global market size for LED video walls reached a value of more than USD 23.05 billion in 2023.
The global market for LED video walls is expected to grow at a CAGR of 11.50% between 2024 and 2032.
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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