The pixel pitch LED market was valued at $1 billion in 2021 and is projected to grow at a CAGR of 17.4% from 2022 to 2032, according to a recent report by Future Market Insights. By 2032, the market is expected to reach $13.6 billion.
Pixel pitch is crucial in digital signage because it impacts how well a message is seen. The pixel pitch of an LED screen determines the optimal viewing distance, affecting the viewer’s experience. A smaller pixel pitch allows viewers to stand closer to the screen without noticing individual pixels, providing a clear image even at close range. This is essential in environments like airports, chain stores, and live stream studios, where people need to read information up close. Conversely, a larger pixel pitch is more suitable for long-distance viewing, such as in sports stadiums, where the audience is spread out over hundreds of yards.
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The presence of Xtreme Media in India Virtual production opens up a plethora of creative and cost-effective options. Traditional production necessitates a dedicated crew, whereas virtual production drastically reduces costs. Because everything is done on a large screen, there are no complicated settings, which saves time.
It does not entail moving data and files around before combining them into a single composite whole. As coding allows the director to add additional components to any scene, the visuals become more creative. It drastically cuts post-production time. Therefore, the only area where work is increasing is pre-production.
Key Takeaways from the Pixel Pitch LED Market Report:
- Global Pixel Pitch LED Market is estimated to reach a market size of US$ 2.7 Billion in 2022.
- The Digital Signage segment is expected to have the highest CAGR rate of 18.1% during the forecast period.
- United States is projected to remain the most dominant market with an absolute dollar growth opportunity of US$ 4.9 Billion during 2022 – 2032.
- The market in India is set to experience the highest CAGR of 26.6% during the 2022-2032 forecast period.
Competitive Landscape:
The market is fiercely competitive, where key players are increasingly focused on obtaining a competitive advantage. The key companies in the Pixel Pitch LED Market are focused on R&D to produce innovative technological solutions.
- In June 2022, the largest LED screen in Europe, measuring 1,020 square meters, was installed on a high-rise building near Austria’s busiest road, just south of Vienna. A semi-transparent LED screen was designed and installed by the Croatian company Rineo Sign Factory, which used approximately 1,400 cabinets of Absen transparent LED modules.
- In May 2021, PixelFLEX’s EF Series product line features a new line of tour-production quality LED displays. The new EF Series Assembly line provides more detailed cost flexibility. The EF Series assembly line offers a feature-rich and cost-effective indoor LED lighting solution. With rising options ranging from 1.9 to 4.8 and brightness up to 1,200 Nit, the new EF Series as a whole is an outstanding solution for meeting spaces, religious institutions, and organizational facilities.
- In September 2020, the Planar HRO Series of high-pixel-density outdoor LED video walls was introduced by Planar. The Planar HRO Series adds a fine pixel pitch LED with high brightness for close-up daylight video viewing to the company’s LED display solution product line. It also delivers powerful visual experiences to audiences even in direct sun.
Leading Key Players:
- NEC Display Solutions Ltd.
- Leyard Optoelectronic Co., Ltd
- Shenzhen AOTO Electronics Co. Ltd.
- Panasonic Corporation
- SiliconCore Technology, Inc.
- NanoLumens
- Christie Digital Systems USA, Inc.
- Daktronics
- PixelFLEX
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Pixel Pitch LED Market Segmentation:
By Type:
- Upto 3mm
- 1mm to 2mm
- <1mm
By Application:
- Broadcast Screens
- Digital Signage
- Control Room and Monitoring
- Visualization and Simulation
- Others
By Region:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
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 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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