Market Research Reports Search Engine (MRRSE) has announced the addition of a new research report to its ever-growing repository. The research report is titled “Fine Pixel Pitch LED Displays Market (Type - Up to 3mm, 2mm to 1mm, and <1mm; Sales Channel - Retail Shops, E-commerce Websites, and Direct Sales; Application - Broadcast Screens, Digital Signage, Control Rooms and Monitoring Applications, Visualization and Simulation Applications) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024.” The document discusses the impact of drivers and restraints present in the overall market. Additionally, it also provides the readers with recommendations and comments as given by market experts.
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According to Transparency Market Research, the global fine pixel pitch LED displays market is expected to be worth US$3.1 bn by 2024 from US$677.1 mn in 2015. During the forecast period of 2016 and 2024, the market is expected to exhibit a CAGR of 15.8%. The growth of this market is attributable to the increasing popularity of fine pixel pitch LED displays as they offer improved efficiency, better quality, and excellent durability. Growing investments in research and development of these displays have rendered high-resolution fine pixel pitch LED displays that provide unmatched image quality, which is augmenting their demand.
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In terms of geography, the global fine pixel pitch LED displays market is segmented into North America, Europe, Asia Pacific, and Rest of the World. Presently, North America holds a dominant share in the global market due to rising expenditure on out-of-home advertising and digital display advertising. Analysts anticipate that Asia Pacific to be an emerging market during the forecast period. Growing investments in fine pixel pitch LED displays across shopping malls, retail stores, and corporate offices in Asia Pacific are expected to boost the regional market in the near future.
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Some of the leading players operating in the global fine pixel pitch LED display market are PixelFLEX LED, NEC Display Solutions, Ltd., Shenzhen AOTO Electronics Co. Ltd., Leyard Optoelectronic Co. Ltd., NanoLumens, Inc., Panasonic Corporation, SiliconCore Technology, Inc., Christie Digital Systems USA, Inc., Unilumin, Daktronics, Inc., Shenzhen Absen Optoelectronic Co., Ltd., and Barco. The research report offers a comprehensive understanding of the financial outlook of these companies, their research and development activities, business and marketing strategies, and expansion plans for the coming few years. The report also includes an assessment of the competitive landscape along with the bargaining power of suppliers and buyers.
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