Large Format Display Market
Global Large Format Display Market Size, Share & Trends Analysis Report by Display Type (Video Wall, and Standalone), by Application (Indoor, and Outdoor), and by End-User (Commercial, Institutional, and Infrastructural) Forecast Period (2022-2028) Update Available - Forecast 2024-2030
The global large format display market is anticipated to grow at a significant CAGR of 7.3% during the forecast period. One of the major factors that are boosting the market is the increasing demand for bigger displays. Commercially, institutionally, and personally bigger displays seeks people’s attention more as compared to smaller displays. This has increased the demand for large format displays in most products. For instance, in September 2021, LG introduced one of the biggest TV which has a 325-inch screen. The TV uses Direct View LED technology for delivering a cinema-sized experience with an ultra-HD resolution of an 8K television.
Impact of COVID-19 Pandemic on Global Large Format Display Market
COVID-19 pandemic has impacted most industries as the nations across the globe enforced lockdown to stop the spread of the virus. This restricted most of the industries’ productions. However, its effect on the display industry was quite opposite as compared to the other industries. The market players of the display industry still made more profit. As per the annual report of Samsung 2020, Samsung Display made a $1.43 billion profit which was $0.32 billion in 2019. As the situation got normal, the profit reached $2.49 billion in 2021.
Segmental Outlook
The global large format display market is segmented based on the display type, application, and end-user. Based on the display type, the market is segmented into video walls, and standalone. Based on the application, the market is sub-segmented into indoor, and outdoor. Based on the end-user, the market is sub-segmented into commercial, institutional, and infrastructural. Based on display type, the standalone segment is anticipated to hold the major share in the market during the forecast period owing to the multiple usabilities of the standalone as compared to video walls.
Global Large Format Display Market Share by End-User, 2021 (%)
The Commercial Segment Projected to Grow Significantly in the Global Large Format Display Market
The commercial segment is anticipated to grow significantly during the forecast period owing to the increasing advertisement activities of brands at the physical stores, and the rising advertisement industry that offers brand advertisements on the big display of various sizes near the roads, inside malls, and on the stores. Bigger displays catch more attention, and with the videos, brands can show the benefits of the products and offers to the consumers. Moreover, the commercial display offers additional features and services as compared to the consumer displays from many vendors which are the ability to operate all day, portrait mode operation, environment resistance, additional input ports, extended warranty, and higher brightness. For instance, in November 2019, LG Bussiness Solutions launched LG’s Transparent OLED digital signage display in the US during the week of InfoComm. This razor-thin transparent display was designed to deliver a unique experience with specialized commercial applications, specifically hospitality and retail.
Regional Outlooks
The global large format display market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America).
Global Large Format Display Market Growth, by Region 2022-2028
The North America Region Anticipated to Hold the Significant Share in the Global Large Format Display Market
North America is projected to hold a significant share during the forecast period owing to the presence of multiple key players in the region which have been working on displays for years and doing research & development activities in the adoption of new large-format displays. These large developments in the displays grew to fulfill the demand for outdoor advertising. As per the data of the Out of Home Advertising Association of America, the OOH advertising revenue grew by 7.7% in 2019, as compared to 2018. This included digital out-of-home and is comprised of billboards, transit advertising, street furniture, and place-based media. With such a positive position shown by the industry, the market studies are projected to grow at a stable pace in the region during the forecast period.
Market Players Outlook
The major companies serving the global large format display market include Barco NV, LG Electronics, Samsung Electronics Co., Ltd., Sharp NEC Display Solutions, Ltd., Sony Electronics Inc., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in March 2020, Sharp and NEC decided to create a joint venture by combining NEC Display Solutions (NDS), which is a subsidiary of NEC, with Sharp. This joint venture is anticipated to allow both companies to build their strengths and address the visualization needs of their global customers to be fulfilled.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global large format display market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Large Format Display Market
• Recovery Scenario of Global Large Format Display Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Barco NV
3.1.1.1. Overview
3.1.1.2. Financial Analysis
3.1.1.3. SWOT Analysis
3.1.1.4. Recent Developments
3.1.2. LG Electronics
3.1.2.1. Overview
3.1.2.2. Financial Analysis
3.1.2.3. SWOT Analysis
3.1.2.4. Recent Developments
3.1.3. Samsung Electronics Co., Ltd.
3.1.3.1. Overview
3.1.3.2. Financial Analysis
3.1.3.3. SWOT Analysis
3.1.3.4. Recent Developments
3.1.4. Sharp NEC Display Solutions, Ltd.
3.1.4.1. Overview
3.1.4.2. Financial Analysis
3.1.4.3. SWOT Analysis
3.1.4.4. Recent Developments
3.1.5. Sony Electronics Inc.
3.1.5.1. Overview
3.1.5.2. Financial Analysis
3.1.5.3. SWOT Analysis
3.1.5.4. Recent Developments
3.2. Key Strategy Analysis
3.3. Impact of COVID-19 on Key Players
4. Market Segmentation
4.1. Global Large Format Display Market by Display Type
4.1.1. Video Wall
4.1.2. Standalone
4.2. Global Large Format Display Market by Application
4.2.1. Indoor
4.2.2. Outdoor
4.3. Global Large Format Display Market by End-User
4.3.1. Commercial
4.3.2. Institutional
4.3.3. Infrastructural
5. Regional Analysis
5.1. North America
5.1.1. US
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Au Optronics Corp.
6.2. E Ink Holdings, Inc.
6.3. Leyard Optoelectronic Co., Ltd.
6.4. Panasonic Corp.
6.5. Prysm Systems, Inc.
6.6. Sahara Presentation Systems PLC (Boxlight Corporation)
6.7. SigmaSense
6.8. STERIS PLC
6.9. TPV Technology Co., Ltd.
6.10. ViewSonic Corp.
1. GLOBAL LARGE FORMAT DISPLAY MARKET RESEARCH AND ANALYSIS BY DISPLAY TYPE, 2021-2028 ($ MILLION)
2. GLOBAL VIDEO WALL LARGE FORMAT DISPLAY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL STANDALONE LARGE FORMAT DISPLAY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL LARGE FORMAT DISPLAY MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
5. GLOBAL INDOOR LARGE FORMAT DISPLAY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL OUTDOOR LARGE FORMAT DISPLAY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL LARGE FORMAT DISPLAY MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
8. GLOBAL COMMERCIAL LARGE FORMAT DISPLAY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL INSTITUTIONAL LARGE FORMAT DISPLAY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL INFRASTRUCTURAL LARGE FORMAT DISPLAY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL LARGE FORMAT DISPLAY MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
12. NORTH AMERICAN LARGE FORMAT DISPLAY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
13. NORTH AMERICAN LARGE FORMAT DISPLAY MARKET RESEARCH AND ANALYSIS BY DISPLAY TYPE, 2021-2028 ($ MILLION)
14. NORTH AMERICAN LARGE FORMAT DISPLAY MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
15. NORTH AMERICAN LARGE FORMAT DISPLAY MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
16. EUROPEAN LARGE FORMAT DISPLAY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
17. EUROPEAN LARGE FORMAT DISPLAY MARKET RESEARCH AND ANALYSIS BY DISPLAY TYPE, 2021-2028 ($ MILLION)
18. EUROPEAN LARGE FORMAT DISPLAY MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
19. EUROPEAN LARGE FORMAT DISPLAY MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
20. ASIA-PACIFIC LARGE FORMAT DISPLAY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
21. ASIA-PACIFIC LARGE FORMAT DISPLAY MARKET RESEARCH AND ANALYSIS BY DISPLAY TYPE, 2021-2028 ($ MILLION)
22. ASIA-PACIFIC LARGE FORMAT DISPLAY MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
23. ASIA-PACIFIC LARGE FORMAT DISPLAY MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
24. REST OF THE WORLD LARGE FORMAT DISPLAY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
25. REST OF THE WORLD LARGE FORMAT DISPLAY MARKET RESEARCH AND ANALYSIS BY DISPLAY TYPE, 2021-2028 ($ MILLION)
26. REST OF THE WORLD LARGE FORMAT DISPLAY MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
27. REST OF THE WORLD LARGE FORMAT DISPLAY MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL LARGE FORMAT DISPLAY MARKET, 2021-2028 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL LARGE FORMAT DISPLAY MARKET BY SEGMENT, 2021-2028 ($ MILLION)
3. RECOVERY OF GLOBAL LARGE FORMAT DISPLAY MARKET, 2022-2028 (%)
4. GLOBAL LARGE FORMAT DISPLAY MARKET SHARE BY DISPLAY TYPE, 2021 VS 2028 (%)
5. GLOBAL VIDEO WALL LARGE FORMAT DISPLAY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
6. GLOBAL STANDALONE LARGE FORMAT DISPLAY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
7. GLOBAL LARGE FORMAT DISPLAY MARKET SHARE BY APPLICATION, 2021 VS 2028 (%)
8. GLOBAL INDOOR LARGE FORMAT DISPLAY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
9. GLOBAL OUTDOOR LARGE FORMAT DISPLAY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
10. GLOBAL MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
11. GLOBAL LARGE FORMAT DISPLAY MARKET SHARE BY END-USER, 2021 VS 2028 (%)
12. GLOBAL COMMERCIAL LARGE FORMAT DISPLAY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
13. GLOBAL INSTITUTIONAL LARGE FORMAT DISPLAY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
14. GLOBAL INFRASTRUCTURAL LARGE FORMAT DISPLAY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
15. GLOBAL LARGE FORMAT DISPLAY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
16. US LARGE FORMAT DISPLAY MARKET SIZE, 2021-2028 ($ MILLION)
17. CANADA LARGE FORMAT DISPLAY MARKET SIZE, 2021-2028 ($ MILLION)
18. UK LARGE FORMAT DISPLAY MARKET SIZE, 2021-2028 ($ MILLION)
19. FRANCE LARGE FORMAT DISPLAY MARKET SIZE, 2021-2028 ($ MILLION)
20. GERMANY LARGE FORMAT DISPLAY MARKET SIZE, 2021-2028 ($ MILLION)
21. ITALY LARGE FORMAT DISPLAY MARKET SIZE, 2021-2028 ($ MILLION)
22. SPAIN LARGE FORMAT DISPLAY MARKET SIZE, 2021-2028 ($ MILLION)
23. REST OF EUROPE LARGE FORMAT DISPLAY MARKET SIZE, 2021-2028 ($ MILLION)
24. INDIA LARGE FORMAT DISPLAY MARKET SIZE, 2021-2028 ($ MILLION)
25. CHINA LARGE FORMAT DISPLAY MARKET SIZE, 2021-2028 ($ MILLION)
26. JAPAN LARGE FORMAT DISPLAY MARKET SIZE, 2021-2028 ($ MILLION)
27. SOUTH KOREA LARGE FORMAT DISPLAY MARKET SIZE, 2021-2028 ($ MILLION)
28. REST OF ASIA-PACIFIC LARGE FORMAT DISPLAY MARKET SIZE, 2021-2028 ($ MILLION)
29. REST OF THE WORLD LARGE FORMAT DISPLAY MARKET SIZE, 2021-2028 ($ MILLION)
