The value of the global large format displays (LFD) market is predicted to reach US$ 13,564.2 million in 2022, growing to US$ 23,876.3 million between 2022 and 2032 at a 5.8% CAGR. A rise in digital signage applications is blamed for growth.
Better picture quality displays are in demand for home, commercial, industrial, and educational use due to ongoing advancements in display technology. High-resolution picture quality is available on large-format televisions, making for an unforgettable experience.
Numerous uses for large format displays include projecting posters, adverts, or general customer communications. These displays are a popular option for commercial use due to interactive features like touchscreen capabilities.
Request a Sample of this Report
https://www.futuremarketinsights.com/reports/sample/rep-gb-4804
The large format displays market is witnessing rapid technological changes, for instance, the 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.
Large Format Display Market: Drivers and Restraints
The 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 displays are making a big impact on the digital signage market. Retail is one of the most important segments driving the growth of large format displays.
However, high cost deters many end-users from adopting 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 the market.
Global Large Format Display Competitive Landscape
Some of the major 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.
Seize this Opportunity: Buy Now for a Thorough Report
https://www.futuremarketinsights.com/checkout/4804
Key Segments Profiled In The Large Format Display (LFD) Industry Survey
By Technology:
- LED-backlit display
- OLED
- E-Paper
By Type:
- Video Wall
- Standalone
By Application:
- Indoor
- Outdoor
By End-User:
- Commercial
- Retail
- Hospitality
- Healthcare
- Government, and Command and Control Centers
- Infrastructural
- Sports and Entertainment
- Transportation
- Industrial
- Educational
- Others
By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
About Future Market Insights (FMI):
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
