According to a new research report published by Glob Market Research, titled, "GLOBAL LED DISPLAY MARKET – SIZE, TRENDS OVERVIEW, COMPONENTS, TYPE, MATERIALS, APPLICATIONS AND FORECAST 2025" the global LED display market was valued at $4 billion USD in 2015 and is projected to reach $18.02 billion USD by 2025, growing at a CAGR of 16.24% from 2015 to 2025.
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LED display market is witnessing tremendous growth, significant consolidation within the sector and more attractive prices for consumers. Leading key players in the industry include LED display manufacturers like Layard, Planar Systems, Ultravision International, NanoLumens, Broadcom Inc. (formerly Avago Technologies), BARCO NV, BRODWAX LIGHTING, COOPER LIGHTING INthe C, etc.
LED displays have been predominantly used for outdoor display purposes. LCD display technology was mostly used for indoor display purpose. But now a day, the advances in the LED display technology have led LED manufacturers think on the market opportunities in indoor display market.
LED Display (light-emitting diode display) is a display technology. A panel of LEDs is used as the light source. LED display technology is the most commercially successfully used technology in most of the electronic devices. Devices like smartphones, TV, tablets, computer monitor and laptop use LED display only. Low cost and low energy consumption are the main reasons behind huge demand for this technology. Low energy consumption help improve the performance of chargeable devices like mobile phones and tablets. Aside from being power efficient, LEDs produce more brilliance and greater light intensity.
Our Global LED display Report 2018 offers a comprehensive review of current levels of adoption of the technology and of likely future trends. It provides a multi-stakeholder view of the industry, considering both the experience and perspective of companies that have exploited the technology, complemented by case studies, as well as reflecting financial developments on the supplier side. The study incorporates the findings of Glob Market Research’s LED display Global Survey.
The report provides a comprehensive review of current levels of adoption of the technology and of likely future trends. It provides a multi-stakeholder view of the industry, considering both the experience and perspective of companies that have exploited the technology, complemented by case studies, as well as reflecting financial developments on the supplier side.About Us:
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