LED video walls are special multi-screen setup that consists of multiple LED video screen tiled together contiguously in order to form one large screen. The video walls offer various features such as high brightness, reliability and capability of producing stunning visuals. At present, LED video walls are one of the most impressive and eye catching modern marketing tools. These LED walls are used in indoor and outdoor applications. Indoor video walls are used in presentation/exhibitions, museum, and indoor advertisement displays, whereas the outdoor video walls are widely used in shopping malls, stadium, live shows, and railway stations for advertising purpose, and many other places. LED video walls are preferred over other display medium such as LCD Video walls, projectors and others, as it offers multiple advantages Due to its high degree of sharpness, clarity and resolution resulting viewable in direct sunlight without compromising quality. The growing adoption of display systems for promotional activities at airports/stations and increasing demand of energy efficient displays are the major forces that drives the global LED video wall market.
The LED video walls market report provides an in-depth analysis of the global LED video walls market for the period 2017 – 2025, wherein 2016 is the base year and the years from 2017 to 2025 is the forecast period. Data for 2015 has been included as historical information. It also provides a comprehensive analysis of LED video walls market based on its deployment type and service offered type. Based on the deployment type, the market is segmented into indoor and outdoor LED video walls. Among the various services it offers, the LED video walls market has been segmented into installation, repairing/maintenance and rental services. The report includes a comprehensive coverage of the underlying economic development factors under the key trend analysis section.
It also highlights the drivers, restraints and opportunities expected to influence the LED video wall market growth during the forecast period of 2017-2025. The study provides the holistic perspective on the LED video walls market growth, throughout the above forecast period in terms of revenue (in US$ Million) across every region. The report also covers profiles of major players, their growth strategies, and the various recent developments.
Request to download and view full ToC @https://www.transparencymarketresearch.com/report-toc/10271
Another factor stoking growth in the global LED video walls market is the availability of a variety of LED video walls having various customized sizes and resolutions and technologies for different applications to accord sharp visual and lasting viewing experience. This is expected to push up their demand among marketers and advertising agencies for carrying out promotional activities to reach out to customers.
The three service segments in the global LED video walls market are installation, repairing and maintenance, and rental. Of them, the rental based service accounted for maximum market share of 53% in 2016. This is mainly because of the steep upfront cost involved in installing LED video walls. Another factor pushing up the demand in the rentals segment is the availability of customized or standard configurations video walls in various shapes and sizes which are required for many business events to display animation, presentations, full-motion video, still photos, and graphics at resolutions up to 1080p and 4K. The LED video walls provide a powerful digital canvass to articulate value proposition and entertain audiences.
From a geographical standpoint, Europe is a leading market and it held a dominant share of about 32.0% in 2016. The uptake of LED video walls in Europe has been mainly brought about by the increasing number of sporting events, live concerts, and corporate exhibitions.
Proving counterproductive to the growth in the global market for LED video wall is the steep initial cost of investment. However, with the growing technological advancements, low cost highly effective LED video walls will soon help to overcome the challenge and help the market to grow.
This review is based on the findings of a TMR report, titled, “LED Video Walls Market (Deployment Type – Indoor and Outdoor; Service Type – Installation, Repairing/Maintenance and Rental) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025