Registering a CAGR of 27.5% over the forecast period, the market value of Small Pitch LED Display is expected to reach US$ 7471.5 million in the year 2027.
Over the last decade, the usage of the small pitch LED display market has grown significantly and adoption of these displays will continue to accelerate. Owing to less power consumption and high brightness owing to extensive utilization of small pitch LED displays across various application segments, especially in automotive, media & entertainment, and telecommunication among others is predicted to boost the market growth in the coming years. In addition, in a commercial application, these types of the display is mainly used for information distribution. Thus, the small pitch LED display market is anticipated to grow at a steady rate during the forecast period from 2017 to 2027. Furthermore, other major benefits such as compact size, low heat dissipation rate, lower maintenance expenses, and enhanced durability are also forecasting the growth of the global small pitch LED display market in coming years.
The global Small Pitch LED Display includes the identification and analysis of the various market participants competing in the global market. Prominent competitors include Leyard, Unilumin, Liantronics, Absen, SANSI, AOTO Electronics, Barco, Vtron, Elec-Tech International (Retop), GQY, Triolion, Kingsun Optoelectronic (Coleder), Chip Optech, SiliconCore, Christie, MRLED, Samsung and others.
Industry News and Updates:
Leyard Won Another Overseas Micro-LED Display Project
2021-04-16— A Russian bank recently placed an order for an 8K micro-LED display project with an area of nearly 150 square meters with Layard Group. This is Layard’s third Russian Micro LED display project order, and the total value of the three project orders exceeds $6 million USD.
The project consists primarily of the following components: a P0.6 Micro LED display screen with an area of 27.5 square meters (over two 8K resolutions); a P0.7 curved Micro LED display screen with an area of 7.08 square meters; a P0.9 Micro LED display with an area of approximately 100 square meters; and a total project area of approximately 150 square meters. The product will use the 54-inch 2K(P0.6), 67-inch 2K(P0.7), and 81-inch 2K(P0.9) Micro LED standardized commercial display products first launched by Leyard in the world, and its ultra-high-definition image quality will provide an unparalleled visual experience.
The market is segmented based on the type, applications, companies, and regions.
By Type, it is segmented into
By Application, it is segmented into
The demand for small pitch LED displays is being driven primarily by North America, followed by the Asia Pacific. Furthermore, North America is expected to have the largest share during the forecast period. This is primarily due to a higher adoption rate of advanced display technology, particularly in the United States, which is a major contributor to the region's small pitch LED display market growth. Due to increased investment in consumer electronics and the media and entertainment industries, Asia Pacific is expected to be the most promising market in the coming years.
The Small Pitch LED Display Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type, and segment. It focuses extensively on revealing a detailed regional analysis. The Global Small Pitch LED Display Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Scope of the Report covers Small Pitch LED Display Market with a detailed analysis of the overall scenario for the market. It also highlights the business participants’ environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background, and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Small Pitch LED Display Market analysis report as it has vital details to provide about regional markets and expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how the worldwide market is working through efficient information graphics.
Report Attributes | Report Details |
Report Title | Small Pitch LED Display Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Leyard, Unilumin, Liantronics, Absen |
Forecast Period 2022 to 2027 CAGR | CAGR of 27.5% over the forecast period (2022-2027) |
By Type |
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By Application |
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By Companies | Leyard, Unilumin, Liantronics, Absen, SANSI, AOTO Electronics, Barco, Vtron, Elec-Tech International (Retop), GQY, Triolion, Kingsun Optoelectronic (Coleder), Chip Optech, SiliconCore, Christie, MRLED, Samsung |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 119 |
Customization Available | Yes, the report can be customized as per your needs |
Frequently Asked Questions
What is the study period of this market?
The Small Pitch LED Display Market is studied from 2017 - 2027.
What is the growth rate of the Small Pitch LED Display Market?
The Small Pitch LED Display Market is growing at a CAGR of 27.5% over the next 5 years.
Who are the key players in Small Pitch LED Display Market?
Leyard, Unilumin, Liantronics, Absen, SANSI, AOTO Electronics, Barco, Vtron, Elec-Tech International (Retop), GQY, Triolion, Kingsun Optoelectronic (Coleder), Chip Optech, SiliconCore, Christie, MRLED, Samsung
What regions does this Small Pitch LED Display Market report cover?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Small Pitch LED Display Market?
P2.1-P2.5 mm, P1.7-P2.0 mm, P1.3-P1.69 mm, P1.0-P1.29 mm, P1mm
What are the major end-use applications of Small Pitch LED Display Market?
Commercial, Government organization, Military institution, TV&Media industry, Transportation industry, Others
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SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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