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Tailored Industry Cloud Technology to drive the Large Format Displays Market at a CAGR of 7.9%

This published report for Large Format Displays Market analyzes and forecasts the marketing statistics of the product/service market on a global as well as the regional level. This detailed study Large Format Displays Market also offers the previous historical data along with the forecast from 2022 to 2027. The assessment of Large Format Displays Market factors gives a brief overview of the impact on the demand over the forecast period. In addition to this, the report also studies the opportunities that are available in the report at the global level. An executive summary is also provided based on the industry snapshot for the period from 2022-2030.

Large Format Display Market to Ride on 7.9% Revenue CAGR through 2027.The LED Backlit segment is anticipated to reach market valuation of over US$ 20 Bn by the end of 2027, reflecting CAGR of 8.1% throughout the assessment period.

CCFL and LED Backlit are the 2 technologies that are deployed currently in the types of backlight technologies. Among these, LED backlit are majorly preferred technology, being utilized in largest formats display devices worldwide. The CCFL segment is estimated to expand at 1.2X throughout the assessment period, in terms of value. The LED Backlit segment is estimated to register high Y-o-Y growth rates during the assessment period.

Technological developments in the display technology resulted into the launch of laser phosphorous displays. Due to some improved features like less power consumption, better image quality, the laser phosphor displays are anticipated to replace LCD and LED displays in foreseeable period.

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Due to rising consumer demand for improved features like remote control functionality incorporated with ease of use, various companies are manufacturing large display formats, began including features such as simultaneous remote control of multiple large format display that enable operators to simultaneously control multiple displays remotely utilizing devices like personal computers.

Key Players:

The report has profiled some of the Important players prevalent in the global like – N Sharp Corporation, Christie Digital Systems USA, Inc., SAMSUNG, NEC Corporation, Planar Systems Inc., Panasonic Corporation, Barco, Koninklijke Philips N.V., BenQ Corporation, and LG Electronics and more.

This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Large Format Displays.                   

large format display market                                                                                                 

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Segmentation of Market

The global market for large format display market has been segmented into less than 80”, 40” to 80” and 32” to 40” on the basis of screen size. Based on product type, touchscreen, outdoor and standalone video are the segments of the market. Further, on the basis of deployment type, the market consists of rental and installed segments. On the basis of backlit technology, the market incorporates CCFL and LED Backlit. Sports, Government & Public, Retail, Education, Corporate, Healthcare, and Hospitality are the various end-users of the large format displays. The report reveals analysis of the market over Asia Pacific Excluding Japan, Middle East & Africa, North America, Western Europe, Japan, Eastern Europe, and Latin America regions.

North America is anticipated to remain the largest regional market, procuring nearly one-third share of the market by the end of 2027. The 2nd largest region in the market is Western Europe, procuring nearly 19% share of the market by the end of 2027, in terms of value.

The installed segment, based on deployment type is projected to remain the largest, procuring over two-third share of market throughout the assessment period.

The 40” to 80” segment, by screen type is anticipated to expand 2.2X over the forecast period, procuring nearly three-fifth market share by the end of 2027.

The touchscreen segment, by product type is estimated to witness highest single-digit CAGR throughout the assessment period.

Based on the backlit technology, LED Backlit is projected to be the largest segment by the end of 2027, with 95% share of the market, in terms of value throughout the forecast period.

On the basis of industry, in terms of value, the industry segment is projected to remain the largest segment, holding nearly one-fourth share of the market by the end of 2027, reflecting single-digit CAGR.

Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)

Key Stakeholders
Large Format Displays Market Manufacturers
Large Format Displays Market Distributors/Traders/Wholesalers
Large Format Displays Market Subcomponent Manufacturers
Industry Association
Downstream Vendors

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