LED Display Modular Market Report: Trends, Forecast and Competitive Analysis to 2030

LED Display Modular Trends and Forecast

The future of the global LED display modular market looks promising with opportunities in the retail, entertainment, media and advertising, transportation, and healthcare markets. The global LED display modular market is expected to reach an estimated $17.3 billion by 2030 with a CAGR of 13.5% from 2024 to 2030. The major drivers for this market are substantial increase in the quantity of open-air gatherings, rise of digital advertising in out-of-home (DOOH) settings, and businesses leveraging cutting-edge technologies like augmented reality, artificial intelligence, machine learning, and big data to enhance customer engagement.

A more than 150-page report is developed to help in your business decisions.

LED Display Modular by Segment

The study includes a forecast for the global LED display modular by display type, application, and region.

LED Display Modular Market by Display Type [Shipment Analysis by Value from 2018 to 2030]:

• Outdoor Modular Screens
• Indoor Modular Screens

LED Display Modular Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Retail
• Entertainment
• Media And Advertising
• Transportation
• Healthcare
• Others

LED Display Modular Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of LED Display Modular Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies LED display modular companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the LED display modular companies profiLED in this report include-

• Barco
• NEC Display Solutions
• PixelFLEX
• Planar Systems
• Prismaflex International
• Pro Display
• Samsung Electronics
• Shenzhen Absen Optoelectronic
• Sony Corporation
• Yaham Optoelectronics

LED Display Modular Market Insights

Lucintel forecasts that outdoor modular screens will remain the larger segment over the forecast period due to substantial demand in advanced applications, such as perimeter boards, stadium screens, scoreboards, advertising boards, and video walls, along with the growing number of outdoor events, including sports competitions, music concerts, product launches, brand promotions, and political gatherings.

Within this market, retail will remain the largest segment over the forecast period.

APAC will remain the highest growing region over the forecast period due to ongoing evolution of public venues and increasing adoption of contemporary display technologies for advertising applications in this region.

Features of the Global LED Display Modular Market

Market Size Estimates: LED display modular market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: LED display modular market size by display type, application, and region in terms of value ($B).

Regional Analysis: LED display modular market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different display types, applications, and regions for the LED display modular market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the LED display modular market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the LED display modular market size?

Answer: The global LED display modular market is expected to reach an estimated $17.3 billion by 2030.

Q.2 What is the growth forecast for LED display modular market?

Answer: The global LED display modular market is expected to grow with a CAGR of 13.5% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the LED display modular market?

Answer: The major drivers for this market are substantial increase in the quantity of open-air gatherings, rise of digital advertising in out-of-home (dooh) settings, and businesses leveraging cutting-edge technologies like augmented reality, artificial intelligence, machine learning, and big data to enhance customer engagement.

Q4. What are the major segments for LED display modular market?

Answer: The future of the LED display modular market looks promising with opportunities in the retail, entertainment, media and advertising, transportation, and healthcare markets.

Q5. Who are the key LED display modular market companies?

Answer: Some of the key LED display modular companies are as follows:

• Barco
• NEC Display Solutions
• PixelFLEX
• Planar Systems
• Prismaflex International
• Pro Display
• Samsung Electronics
• Shenzhen Absen Optoelectronic
• Sony Corporation
• Yaham Optoelectronics

Q6. Which LED display modular market segment will be the largest in future?

Answer: Lucintel forecasts that outdoor modular screens will remain the larger segment over the forecast period due to substantial demand in advanced applications, such as perimeter boards, stadium screens, scoreboards, advertising boards, and video walls, along with the growing number of outdoor events, including sports competitions, music concerts, product launches, brand promotions, and political gatherings.

Q7. In LED display modular market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the highest growing region over the forecast period due to ongoing evolution of public venues and increasing adoption of contemporary display technologies for advertising applications in this region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the LED display modular market by display type (outdoor modular screens and indoor modular screens), application (retail, entertainment, media and advertising, transportation, healthcare, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?