Large Format Display (LFD) Market by Offering, Display Type (Video Wall & Standalone), Technology (LED-Backlit LCD, Direct-View LED, OLED, E-Paper), Size, Brightness Level, Application (Indoor & Outdoor), Vertical, and Region - Global Forecast to 2023

[196 Pages Report] The large format display market was valued at USD 9.51 Billion in 2016 and is expected to reach USD 14.93 Billion by 2023, at a CAGR of 6.7% between 2017 and 2023. The base year used for this

Objectives of the Large Format Display Market study:

• To define, describe, and forecast the large format display market, in terms of value, segmented on the basis of offering; display type, technology, and size; brightness level; vertical; and application
• To define, describe, and forecast the large format display market , in terms of volume, segmented on the basis of display technology
• To provide market size estimation for the four main regions (along with countries), namely North America, Europe, Asia Pacific, and Rest of the World
• To identify and analyze major factors influencing the growth of the LFD market (drivers, restraints, opportunities, and challenges)
• To analyze key trends related to LFD offering, size, type, brightness, technology, vertical, and application that shape and influence the market
• To strategically analyze micromarkets with respect to individual growth trends, prospects, and contribution to the total market
• To analyze market opportunities for stakeholders and details of the competitive landscape of key players along with the DIVE analysis
• To analyze strategic developments such as joint ventures, mergers and acquisitions, expansion, product developments, and research and development in the large format display market
• To strategically profile the key players and comprehensively analyze their market position in terms of market share and core competencies2, along with detailing the competitive landscape for the market leaders

Research Methodology:

The research methodology includes the use of primary and secondary data. Both top-down and bottom-up approaches have been used to estimate and validate the size of the market as well as the other dependent submarkets. Key players in the market have been identified through secondary research. Secondary sources include references such as annual reports, company press releases, and investor presentations of companies; white papers, consumer electronics exhibitions, certified publications (such as IEEE, Science direct, and articles from recognized authors); websites (such as CNET, CES 2016, and Touch Taiwan); directories; and databases. All the percentage shares and breakdowns have been determined by using secondary sources and verified through primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The breakdown of the profiles of the primaries has been depicted in the figure below:

To know about the assumptions considered for the study, download the pdf brochure

The value chain of the market includes the developers of display technologies, suppliers of associated materials required to manufacture the display panels, panel manufacturers, and brand customers manufacturing the end products. The main component of the market value chain is product manufacturing. Companies such as Samsung Electronics Co., Ltd. (South Korea), LG Display Co., Ltd. (South Korea), NEC Corp. (Japan), Leyard Optoelectronic Co., Ltd. (China), Sharp Corp. (Foxconn) (Japan), Barco NV (Belgium), Sony Corp. (Japan), and TPV Technology Ltd. (Hong Kong) are the leading LFD product manufacturers. R&D and manufacturing components contribute to a share of up to 90% of the large format display market value chain. Moreover, raw material providers are also a part of these two components of the value chain.

Key Target Audience:

• Raw material providers
• Display panel manufacturers
• Display manufacturing equipment suppliers
• LED chip manufacturers
• Brand customers/ OEMs/ODMs
• Display-related service providers
• Display-related associations, organizations, forums, and alliances
• Government bodies such as regulating authorities and policy makers
• Venture capitalists and start-ups
• Semiconductor component suppliers
• Display panel and devices distributors and sales firms
• Display device end users and industries
• Research institutes, organizations, and consulting companies

“The study answers several questions for the target audience; this primarily includes the market segments to focus on over the next two to five years for prioritizing efforts and investments.”

Large Format Display Market Report Scope:

In this report, the market has been segmented as follows:

Large Format Display Market, by Offering:

• Display
• Controllers, Mounts, and Other Accessories
• Consulting and Other Services

Large Format Display Market, by Display Type, Technology, and Size:

• Video Wall
  • Display Technology
    • Narrow Bezel LED-Backlit LCD
    • OLED
    • Direct-View Large-Pixel LED
    • Direct-View Fine-Pixel LED
    • Projection Cube
• Standalone Display
  • Display Technology
    • LED-Backlit LCD
    • OLED
    • E-Paper
  • Display Size (Inch)
    • 32–40
    • 41–60
    • 61–70
    • 71–80
    • More than 80

Large Format Display Market, by Display Brightness (Nits):

• Up to 500
• 501–1000
• 1001–2000
• 2001–3000
• More Than 3000

Large Format Display Market, by Application:

• Indoor
• Outdoor

Large Format Display Market, by Vertical:

• Commercial
  • Retail
  • Hospitality
  • Healthcare
  • Corporate & Broadcast
  • Government and Command & Control Centers
• Infrastructural
  • Transportation and Public Space
  • Sports and Entertainment
• Institutional 
  • Banking, Financial Services, and Insurance (BFSI) 
  • Education
• Industrial

Display Market, by Geography:

• North America
• Europe
• Asia Pacific (APAC)
• Rest of the World (RoW)

Company Profiles: Detailed analysis of the major companies in the market.

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:

• Company Information
  • Detailed analysis and profiling of additional market players (up to five)
• Industry-Specific Data
  • Detailed analysis of specific industries and respective use cases or applications of LFDs
  • Further segmentation of industries with respect to geographies

Table of Contents

1 Introduction (Page No. - 18)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Study Scope
           1.3.1 Years Considered for the Study
    1.4 Currency
    1.5 Package Size
    1.6 Limitations
    1.7 Stakeholders

2 Research Methodology (Page No. - 22)
    2.1 Large Format Display Market: Scope Definition
    2.2 Research Data
           2.2.1 Secondary Data
           2.2.2 Primary Data
                    2.2.2.1 Breakdown of Primaries
                    2.2.2.2 Key Industry Insights
    2.3 Market Size Estimation
           2.3.1 Bottom-Up Approach
                    2.3.1.1 Approach for Capturing Market Share By Bottom-Up Analysis (Demand Side)
           2.3.2 Top-Down Approach
                    2.3.2.1 Approach for Capturing the Market Share By Top-Down Analysis (Supply Side)
    2.4 Market Breakdown and Data Triangulation
    2.5 Research Assumptions

3 Executive Summary (Page No. - 32)

4 Premium Insights (Page No. - 37)
    4.1 Attractive Opportunities for the Growth of the Large Format Display Market
    4.2 Requirement of Consulting and Other Services Expected to Increase During the Forecast Period
    4.3 Direct-View Fine-Pixel LED Displays Expected to Grow at the Highest Rate in the Overall Large Format Display Market
    4.4 Video Wall Display Type in the Large Format Display Market Expected to Grow at the Highest Rate
    4.5 Direct-View Fine-Pixel LED Technology in the LFD Video Wall Market Expected to Grow at the Highest Rate
    4.6 LFDs With Brightness Range of 1001–2000 Nits Expected to Grow at the Highest Rate
    4.7 Infrastructural Industries Among Verticals and APAC Among Regions Expected to Witness the Highest Growth Rate
    4.8 LFD in Indoor Application Expected to Grow at the Highest Rate
    4.9 LFD in Sports and Entertainment Industry Expected to Grow at the Highest Rate

5 Market Overview (Page No. - 43)
    5.1 Market Dynamics
           5.1.1 Drivers
                    5.1.1.1 Increasing Innovation in Direct-View Fine-Pixel LED Displays and Their Technological Advantages
                    5.1.1.2 Availability of Highly Bright Hd LFDs Offering Better Stability, Flexibility, Sustainability, and Environment Resistance
                    5.1.1.3 Increasing Demand for Brighter and Power-Efficient LFDs in Several Applications
                    5.1.1.4 Increased Applications for Digital Signage
           5.1.2 Restraints
                    5.1.2.1 Increased Online/Broadcast Advertisement
                    5.1.2.2 Deployment of Wide Screen Alternatives Such as Projectors and Screenless Displays
           5.1.3 Opportunities
                    5.1.3.1 Emerging Applications for Flexible Displays
                    5.1.3.2 Development of OLED and Direct-View Fine-Pixel LED Displays
           5.1.4 Challenges
                    5.1.4.1 High Product Cost
                    5.1.4.2 Fluctuating Average Selling Price of Display Panels
    5.2 Value Chain Analysis

6 Large Format Display Market, By Offering (Page No. - 52)
    6.1 Introduction
    6.2 Displays
    6.3 Controllers, Mounts, and Other Accessories
    6.4 Consulting and Other Services

7 Large Format Display Market, By Display Type, Technology, and Size (Page No. - 57)
    7.1 Introduction
    7.2 Video Wall
           7.2.1 Display Technology
                    7.2.1.1 Narrow Bezel LED-Backlit LCD
                    7.2.1.2 OLED
                    7.2.1.3 Direct-View Fine-Pixel LED
                    7.2.1.4 Direct-View Large-Pixel LED
                    7.2.1.5 Projection Cube
    7.3 Standalone Display
           7.3.1 Display Technology
                    7.3.1.1 LED-Backlit LCD
                    7.3.1.2 OLED
                    7.3.1.3 E-Paper
           7.3.2 Display Size
                    7.3.2.1 32–40 Inches
                    7.3.2.2 41–60 Inches
                    7.3.2.3 61–70 Inches
                    7.3.2.4 71–80 Inches
                    7.3.2.5 More Than 80 Inches

8 Large Format Display Market, By Display Brightness (Page No. - 84)
    8.1 Introduction
    8.2 Up to 500 Nits
    8.3 501–1000 Nits
    8.4 1001–2000 Nits
    8.5 2001–3000 Nits
    8.6 More Than 3000 Nits

9 Large Format Display Market, By Application (Page No. - 92)
    9.1 Introduction
    9.2 Indoor
    9.3 Outdoor

10 Large Format Display Market, By Vertical (Page No. - 98)
     10.1 Introduction
     10.2 Commercial
             10.2.1 Retail
             10.2.2 Government, and Command and Control Centers
             10.2.3 Corporate and Broadcast
             10.2.4 Hospitality
             10.2.5 Healthcare
     10.3 Infrastructural
             10.3.1 Sports and Entertainment
             10.3.2 Transportation and Public Places
     10.4 Institutional
             10.4.1 Education
             10.4.2 Banking, Financial Services, and Insurance (BFSI)
     10.5 Industrial

11 Geographical Analysis (Page No. - 117)
     11.1 Introduction
     11.2 North America
             11.2.1 US
             11.2.2 Canada
             11.2.3 Mexico
     11.3 Europe
             11.3.1 UK
             11.3.2 Germany
             11.3.3 France
             11.3.4 Italy
             11.3.5 Spain
             11.3.6 Rest of Europe
     11.4 APAC
             11.4.1 China
             11.4.2 Japan
             11.4.3 South Korea
             11.4.4 India
             11.4.5 Australia
             11.4.6 Rest of APAC
     11.5 RoW
             11.5.1 Middle East
             11.5.2 Africa
             11.5.3 South America

12 Competitive Landscape (Page No. - 140)
     12.1 Overview
     12.2 Market Ranking Analysis: Large Format Display Market, 2017
     12.3 Vendor Dive Overview
             12.3.1 Vanguards
             12.3.2 Dynamic
             12.3.3 Innovators
             12.3.4 Emerging
     12.4 Business Strategies Adopted By Major Players in the Large Format Display Market (25 Companies)
     12.5 Parameters of Product Offerings of Major Players in Large Format Display Market (25 Companies)

Top 25 Companies Analyzed for This Study are - Samsung Electronics Co., Ltd. (South Korea); LG Display Co., Ltd. (South Korea); NEC Corp. (Japan); Leyard Optoelectronic Co., Ltd. (China); Sharp Corp. (Foxconn) (Japan); Sony Corp. (Japan); TPV Technology Ltd. (Hong Kong); Panasonic Corp. (Japan); Delta Group (Taiwan); Benq Corp. (Taiwan); Daktronics (US); Mitsubishi Electric Corp. (Japan); Hyundai Ibt Co., Ltd. (South Korea); Barco NV (Belgium); Shenzhen Unilumin Group Co., Ltd. (China); Vtron Group Co., Ltd. (China); Eyevis (Germany); Deepsky Corp. Ltd. (Hong Kong); Shenzhen Liantronics Co., Ltd. (China); Retop LED Display Co. Ltd. (Elec-Tech International) (China); E Ink Holdings, Inc. (Taiwan); Au Optronics Corp. (Taiwan); Aoto Electronics Co., Ltd. (China); Dahua Technology Co., Ltd. (China); Shanghai Sansi Technology Co., Ltd. (China)

13 Company Profiles (Page No. - 146)
(Business Overview, Products Offered & Business Strategies, Key Relationships, Recent Developments, MnM View)*
     13.1 Introduction
     13.2 Samsung Electronics Co., Ltd
     13.3 LG Display Co., Ltd.
     13.4 NEC Corp.
     13.5 Sharp Corp. (Foxconn)
     13.6 Leyard Optoelectronic Co., Ltd.
     13.7 Barco NV
     13.8 Sony Corp.
     13.9 TPV Technology Ltd.
     13.10 E Ink Holdings, Inc.
     13.11 Au Optronics Corp.
     13.12 Key Innovators
             13.12.1 Deepsky Corp. Ltd. (Hong Kong)
             13.12.2 Eyevis (Germany)
             13.12.3 Vtron Group Co., Ltd. (China)
             13.12.4 Aoto Electronics Co., Ltd. (China)
             13.12.5 Shenzhen Unilumin Group Co., Ltd. (China)

*Details on Business Overview, Products Offered & Business Strategies, Key Relationships, Recent Developments, MnM View Might Not Be Captured in Case of Unlisted Companies.

14 Appendix (Page No. - 190)
     14.1 Discussion Guide
     14.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     14.3 Introducing RT: Real-Time Market Intelligence
     14.4 Available Customization
     14.5 Related Reports
     14.6 Author Details

List of Tables (64 Tables)

Table 1 List of Major Secondary Sources
Table 2 Large Format Display Market Size, By Offering, 2014–2023 (USD Million)
Table 3 LFD Market Size, By Display Type, 2014–2023 (USD Billion)
Table 4 LFD Market Size, By Display Technology, 2014–2023 (Thousand Units)
Table 5 LFD Market Size, By Display Technology, 2014–2023 (USD Billion)
Table 6 Video Wall Market Size, By Display Technology, 2014–2023 (USD Billion)
Table 7 LFD Market Size for Narrow Bezel LED-Backlit LCD-Based Video Wall, By Display Brightness Range, 2014–2023 (USD Million)
Table 8 Large Format Display Market Size for Narrow Bezel LED-Backlit LCD-Based Video Wall, By Vertical, 2014–2023 (USD Million)
Table 9 LFD Market Size for Narrow Bezel LED-Backlit LCD-Based Video Wall for Commercial Vertical, By Type, 2014–2023 (USD Million)
Table 10 LFD Market Size for Narrow Bezel LED-Backlit LCD-Based Video Wall for Infrastructural Vertical, By Type, 2014–2023 (USD Million)
Table 11 LFD Market Size for Narrow Bezel LED-Backlit LCD-Based Video Wall, By Region, 2014–2023 (USD Million)
Table 12 Large Format Display Market Size for OLED-Based Video Wall, By Region, 2014–2023 (USD Million)
Table 13 LFD Market Size for Fine-Pixel LED-Based Video Wall, By Display Brightness Range, 2014–2023 (USD Million)
Table 14 LFD Market Size for Fine-Pixel LED-Based Video Wall, By Vertical, 2014–2023 (USD Million)
Table 15 LFD Market Size for Fine-Pixel LED-Based Video Wall for Commercial Vertical, By Type, 2014–2023 (USD Million)
Table 16 LFD Market Size for Fine-Pixel LED-Based Video Wall for Infrastructural Vertical, By Type, 2014–2023 (USD Million)
Table 17 Large Format Display Market Size for Fine-Pixel LED-Based Video Wall, By Region, 2014–2023 (USD Million)
Table 18 LFD Market Size for Large-Pixel LED-Based Video Wall, By Display Brightness Range, 2014–2023 (USD Million)
Table 19 LFD Market Size for Large-Pixel LED-Based Video Wall for Industry Vertical, By Type, 2014–2023 (USD Million)
Table 20 LFD Market Size for Large-Pixel LED-Based Video Wall for Commercial Vertical, By Type, 2014–2023 (USD Million)
Table 21 Large Format Display Market Size for Large-Pixel LED-Based Video Wall for Infrastructural Vertical, By Type, 2014–2023 (USD Million)
Table 22 LFD Market Size for Large-Pixel LED-Based Video Wall, By Region, 2014–2023 (USD Million)
Table 23 LFD Market Size for Projection Cube-Based Video Wall, By Display Brightness Range, 2014–2023 (USD Million)
Table 24 Standalone Display Market Size, By Display Technology, 2014–2023 (USD Million)
Table 25 LFD Market Size for LED-Backlit LCD-Based Standalone Display, By Display Brightness Range, 2014–2023 (USD Million)
Table 26 Large Format Display Market Size for LED-Backlit LCD-Based Standalone Display, By Region, 2014–2023 (USD Million)
Table 27 LFD Market Size for OLED-Based Standalone Display, By Region, 2014–2023 (USD Million)
Table 28 LFD Market Size for Standalone Displays, By Display Size, 2014–2023 (USD Million)
Table 29 LFD Market Size, By Display Brightness Range, 2014–2023 (USD Billion)
Table 30 LFD Market Size for 0–500 Nits, By Display Technology, 2014–2023 (USD Million)
Table 31 LFD Market Size for 501–1000 Nits, By Display Technology, 2014–2023 (USD Million)
Table 32 Large Format Display Market Size for 1001–2000 Nits, By Display Technology, 2014–2023 (USD Million)
Table 33 LFD Market Size for 2001–3000 Nits, By Display Technology, 2014–2023 (USD Million)
Table 34 LFD Market Size for More Than 3000 Nits, By Display Technology, 2014–2023 (USD Million)
Table 35 LFD Market Size, By Application, 2014–2023 (USD Billion)
Table 36 LFD Market Size for Indoor Application, By Display Technology, 2014–2023 (USD Million)
Table 37 LFD Market Size for Outdoor Application, By Display Technology, 2014–2023 (USD Million)
Table 38 Large Format Display Market Size, By Vertical, 2014–2023 (USD Billion)
Table 39 LFD Market Size for Commercial Vertical, By Type, 2014–2023 (USD Billion)
Table 40 LFD Market Size for Commercial Vertical, By Display Technology, 2014–2023 (USD Million)
Table 41 LFD Market Size for Retail, By Display Technology, 2014–2023 (USD Million)
Table 42 LFD Market Size for Government, and Command and Control Centers, By Display Technology, 2014–2023 (USD Million)
Table 43 LFD Market Size for Corporate and Broadcast, By Display Technology, 2014–2023 (USD Million)
Table 44 LFD Market Size for Hospitality, By Display Technology, 2014–2023 (USD Million)
Table 45 Large Format Display Market Size for Healthcare, By Display Technology, 2014–2023 (USD Million)
Table 46 LFD Market Size for Infrastructural Vertical, By Type, 2014–2023 (USD Billion)
Table 47 LFD Market Size for Infrastructural Vertical, By Display Technology, 2014–2023 (USD Million)
Table 48 LFD Market Size for Sports and Entertainment, By Display Technology, 2014–2023 (USD Million)
Table 49 LFD Market Size for Transportation and Public Places, By Display Technology, 2014–2023 (USD Million)
Table 50 LFD Market Size for Institutional Vertical, By Type, 2014–2023 (USD Million)
Table 51 Large Format Display Market Size for Institutional Vertical, By Display Technology, 2014–2023 (USD Million)
Table 52 LFD Market Size for Education, By Display Technology, 2014–2023 (USD Million)
Table 53 LFD Market Size for BFSI, By Display Technology, 2014–2023 (USD Million)
Table 54 LFD Market Size for Industrial Vertical, By Display Technology, 2014–2023 (USD Million)
Table 55 LFD Market Size, By Region, 2014–2023 (USD Billion)
Table 56 LFD Market in North America, By Display Technology, 2014–2023 (USD Million)
Table 57 LFD Market Size in North America, By Country, 2014–2023 (USD Million)
Table 58 Large Format Display Market in Europe, By Display Technology, 2014–2023 (USD Million)
Table 59 LFD Market Size in Europe, By Country, 2014–2023 (USD Million)
Table 60 LFD Market in APAC, By Display Technology, 2014–2023 (USD Million)
Table 61 LFD Market Size in APAC, By Country, 2014–2023 (USD Million)
Table 62 LFD Market in RoW, By Display Technology, 2014–2023 (USD Million)
Table 63 Large Format Display Market Size in RoW, By Region, 2014–2023 (USD Million)
Table 64 Key Player Market Ranking, 2016

List of Figures (73 Figures)

Figure 1 Market Segmentation
Figure 2 Geographic Segmentation
Figure 3 Large Format Display Market: Process Flow of Market Size Estimation
Figure 4 Large Format Display Market: Research Design
Figure 5 Data Triangulation
Figure 6 Assumptions of the Research Study
Figure 7 LFD Market Size, 2014–2023 (USD Billion)
Figure 8 LED-Backlit LCD-Based Display Devices to Hold the Largest Market Size During the Forecast Period
Figure 9 Market in APAC Expected to Grow at the Highest Rate Between 2017 and 2023
Figure 10 Commercial Industries to Hold the Largest Market Size During the Forecast Period
Figure 11 Large Format Display Market Expected to Grow at A Significant Rate During the Forecast Period
Figure 12 Displays By Offering Segment to Hold the Largest Share of the LFD Market During the Forecast Period
Figure 13 LED-Backlit LCD Displays to Hold the Largest Market Size During the Forecast Period
Figure 14 Video Wall Display Type Segment Held the Largest Market Size in 2016
Figure 15 Direct-View Large-Pixel LED and Narrow Bezel LCD Displays Held the Larger Market Size of Video Walls, By Technology Segment in 2016
Figure 16 LFDs With Brightness Range of 501–1000 Nits Expected to Hold the Largest Market Share By 2023
Figure 17 Commercial Industries Among Vertical and North America Among Regions Held the Largest Share of the Overall LFD Market in 2016
Figure 18 LFD in Indoor Applications to Hold the Largest Share of the Market During the Forecast Period
Figure 19 LFD in Retail Industry to Hold the Largest Share of the Market During the Forecast Period
Figure 20 LFD Market: Drivers, Restraints, Opportunities, and Challenges
Figure 21 Direct-View LED vs LED-Backlit LCD Display Technology Growth, 2017 & 2023
Figure 22 LFD Market: Value Chain Analysis
Figure 23 LFD Market Segmentation, By Offering
Figure 24 Large Format Display Market for Displays, 2014–2023 (USD Billion)
Figure 25 LFD Market for Controllers, Mounts, and Other Accessories, 2014–2023 (USD Billion)
Figure 26 LFD Market for Consulting and Other Services, 2014–2023 (USD Million)
Figure 27 LFD Market Segmentation, By Display Type, Technology, and Size
Figure 28 Large Format Display Market Size, By Display Type, 2017 vs 2023 (USD Billion)
Figure 29 LFD Market Size, By Display Technology, 2014–2023 (Thousand Units)
Figure 30 Large Format Display Market Size, By Display Technology, 2017 vs 2023 (USD Billion)
Figure 31 Video Wall Market Size, By Display Technology, 2017 vs 2023 (USD Billion)
Figure 32 LFD Market Size for Narrow Bezel LED-Backlit LCD-Based Video Wall, By Region, 2017 vs 2023 (USD Million)
Figure 33 LFD Market Size for OLED-Based Video Wall, By Region, 2017 vs 2023 (USD Million)
Figure 34 Direct-View LED Technology, Pixel Pitch vs Minimum Viewing Distance
Figure 35 LFD Market Size for Fine-Pixel LED-Based Video Wall, By Region, 2017 vs 2023 (USD Million)
Figure 36 LFD Market Size for Large-Pixel LED-Based Video Wall, By Region, 2017 vs 2023 (USD Million)
Figure 37 LFD Market Size for LED-Backlit LCD-Based Standalone Display, By Region, 2017 vs 2023 (USD Million)
Figure 38 LFD Market Share for Standalone Displays, By Display Size, 2014–2023 (%)
Figure 39 LFD Market Segmentation, By Display Brightness Range
Figure 40 LFD Market Share, By Display Brightness Range (Nits), 2014–2023 (%)
Figure 41 Large Format Display Market, By Application
Figure 42 LFD Market By Application, 2017 vs 2023 (USD Billion)
Figure 43 LFD Market Share for Indoor Applications, By Display Technology, 2014–2023 (%)
Figure 44 LFD Market Share for Outdoor Applications, By Display Technology, 2014–2023 (%)
Figure 45 Large Format Display Market, By Vertical
Figure 46 LFD Market Size, By Vertical, 2017 vs 2023 (USD Billion)
Figure 47 Commercial LFD Market Size, By Vertical, 2017 vs 2023 (USD Billion)
Figure 48 LFD Market Size for Infrastructural Vertical, By Type, 2017 vs 2023 (USD Billion)
Figure 49 LFD Market Size for Institutional Vertical, By Type, 2017 vs 2023 (USD Million)
Figure 50 LFD Market Segmentation, By Region
Figure 51 LFD Market Size, By Region, 2017 vs 2023 (USD Billion)
Figure 52 APAC Expected to Be the Fastest-Growing Region for Large Format Displays (2017–2023)
Figure 53 Geographic Snapshot of the LFD Market: Rapidly Growing Markets Emerging as New Hotspots
Figure 54 LFD Market Size in North America, By Country,2017 vs 2023 (USD Million)
Figure 55 US to Hold A Major Share of the North American LFD Market Between 2017 and 2023
Figure 56 LFD Market Size in Europe, By Country, 2017 vs 2023 (USD Million)
Figure 57 UK to Hold A Major Share of the European LFD Market Between 2017 and 2023
Figure 58 LFD Market Size in APAC, By Country, 2017 vs 2023 (USD Million)
Figure 59 China to Hold A Major Share of the LFD Market in APAC Between 2017 and 2023
Figure 60 LFD Market Size in RoW, By Region, 2017 vs 2023 (USD Million)
Figure 61 Companies Adopted Product Launch as the Key Growth Strategy Between 2015 and 2017
Figure 62 Battle for Market Share: Product Launch Was the Key Strategy Adopted During 2015–2017
Figure 63 Dive Chart
Figure 64 Samsung Electronics Co., Ltd.: Company Snapshot
Figure 65 LG Display Co., Ltd.: Company Snapshot
Figure 66 NEC Corp.: Company Snapshot
Figure 67 Sharp Corp.: Company Snapshot
Figure 68 Leyard Optoelectronic Co., Ltd.: Company Snapshot
Figure 69 Barco NV: Company Snapshot
Figure 70 Sony Corp.: Company Snapshot
Figure 71 TPV Technology Ltd.: Company Snapshot
Figure 72 E Ink Holdings, Inc.: Company Snapshot
Figure 73 Au Optronics Corp.: Company Snapshot

The large format display market was valued at USD 9.51 Billion in 2016 and is expected to reach USD 14.93 Billion by 2023, growing at a CAGR of 6.7% between 2017 and 2023. The market is analyzed for non-consumer displays, which offer additional features for operation in commercial, infrastructural, and industrial applications.

The increasing innovation in direct-view fine-pixel LED displays and their technological advantages are driving the growth of the large format display market. The market is also driven by factors such as availability of highly bright HD LFDs offering better stability, flexibility, sustainability, and environment resistance; increasing demand for brighter and power-efficient LFDs in several applications; and increased applications for digital signage.

The market is segmented into video walls (tiles of any size) and standalone displays (more than 32 inches). Video wall displays contributed a large format display market share in 2016 and are expected to witness a higher growth rate than standalone displays. The growing awareness among customers regarding the benefits of video wall has drastically increased their adoption rate worldwide.

LCD displays held the large market share in 2016, and the trend is expected to continue during the forecast period. However, this market share is expected to decline rapidly owing to the growth of direct-view fine-pixel LED technology. Currently, large-pixel LED displays are widely used in various outdoor applications, and with the high adoption rate of fine-pixel LED displays, both fine-pixel and large-pixel direct-view LED displays would hold a larger market share by 2023, surpassing the LCD technology.

Commercial industries held the largest market share in 2016 because of the rising installation large format displays in malls and shopping centers. However, infrastructural industries are expected to drive the growth of large format display market during the forecast period. Direct-view fine-pixel LED displays are expected to have a high demand in transportation, public places, sports, and entertainment venues during the forecast period. LFD players will find various opportunities in untapped and emerging applications in industrial manufacturing, BFSI, and education, industries.

North America, being technologically advanced and developed, is a leading market for cutting-edge display technologies such as direct-view LED and OLED and held the largest share of the market in 2016. The market in APAC is expected to grow at the highest rate due to the presence of major display panel manufacturers and various brand product manufacturers in the region. The market for newer and high-cost displays, such as OLED and fine-pixel LED, is expected to grow at a higher rate in North America, whereas low-cost displays, such as LCD and large-pixel LED, would witness higher growth in APAC and RoW.

The increased online/broadcast advertisement and deployment of wide screen alternatives such as projectors and screenless displays are the major restraints for the growth of the market. Major companies operating in the this market are Samsung Electronics Co., Ltd. (South Korea), LG Display Co., Ltd. (South Korea), NEC Corp. (Japan), Leyard Optoelectronic Co., Ltd. (China), Sharp Corp. (Foxconn) (Japan), Barco NV (Belgium), Sony Corp. (Japan), TPV Technology Ltd. (Hong Kong), among others.

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