Fine Pixel Pitch LED Displays Market is expected to reach US$ 5,490.84 million by 2028


PRESS RELEASE BY The Insight Partners 24 May 2021

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Emerging Applications of Flexible LED Display with Fine Pixel Pitch to Provide Growth Opportunities to Market

 

According to our latest market study on “Fine Pixel Pitch LED Displays Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Type and Application,” the market was valued at US$ 1,535.50 million in 2020 and it is projected to reach US$ 5,490.84 million by 2028; it is expected to grow at a CAGR of 18.1% from 2021 to 2028.

 

Flexible LED displays, also known as flexible LED screens, soft LED displays, or soft LED screens, can be rolled, bent, and swung to form LED video walls of any shape. Several manufacturers are engaged in introducing flexible fine pixel pitch LED displays. Fine pitch flexible LED screens offered by AmFlex Pro are ideal for broadcasts, museums, retail, theaters, corporate or event venues. They have bendable, ultra-slim, ultra-high-resolution displays that provide true HD, as well as ultra-HD video quality, and create fantastic imaging landscape via the seamless convex and concave displays available with 1.6 mm, 1.9 mm, or 2.5 mm pixel pitch. Similarly, FLEXUltra is a dynamic, breathtaking, and cutting-edge 2 mm curve-able LED display with high resolution; it provides true HD quality video experience with the creative freedom that allows customers to define the space with 1.2 mm to 1.9 mm pixel pitch. FLEXMod allows greater flexibility than ever before, as it can curve and attach to virtually any surface. NanoLumens has brought significant advancements in the flexible LED segment with its high-quality, LED display modules, which is a core competency of the company. The company’s Engage Series displayswith pixel pitches ranging from 0.9mm to 2.5 mmbring true HD and 4K specifications to market, with ease, flexibility, and clarity, along with enhanced color. The aforementioned developments are providing lucrative growth opportunities to the fine pixel pitch LED display providers.

 

The fine pixel pitch LED displays market is segmented based on type, application, and geography. Based on type, the market is segmented into up to 3 mm and 2 mm to 1 mm. In 2020, the 2 mm to 1 mm segment accounted for a larger market share. In terms of application, the market is categorized into broadcast screens, digital signage, control rooms and monitoring, visualization and simulation, and others. In 2020, the control rooms and monitoring segment accounted for the largest share in the market. Geographically, the global fine pixel pitch LED displays market is broadly segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM). In 2020, the APAC segment accounted for the significant share in the global market.

 

 

 

 

 

 

 

Impact of COVID-19 Pandemic on Fine Pixel Pitch LED Displays Market

According to latest situation report from the World Health Organization (WHO), the US, Spain, Italy, France, Germany, the UK, Russia, Turkey, Brazil, Iran, and China are some of the worst affected countries due to COVID-19 outbreak. The outbreak has created significant disruptions in primary industries including electronics, semiconductor, and manufacturing. A sharp decline in the growth of mentioned industries is impacting the growth of the global fine pixel pitch LED displays market as they are the major supply sources for fine pixel pitch LED displays products and solutions. Factory shutdowns, travel bans, trade bans, and border lockdowns to combat and contain the outbreak have impacted manufacturing, supply, and sales of various LED products. However, the trend of broadcasting and awareness screen at hospitals, public places, and government offices will help in regaining the significance of fine pixel pitch LED displays post lockdown. There will be a gradual increase in the number of LED walls at public places for circulating information to combat against COVID-19, which is further expected to create lucrative growth opportunities for the market.

 

Christie Digital Systems USA, Inc.; Daktronics; NanoLumens; PixelFLEX; SHENZHEN ABSEN OPTOELECTRONIC CO., LTD; SiliconCore Technology Inc.; Shenzhen AOTO Electronics; Unilumin; LEYARD; and NEC Display Solutions Ltd are among the major companies operating in the fine pixel pitch LED displays market.

 

Fine Pixel Pitch LED Displays Market – by Geography (2020, %)

Fine Pixel Pitch LED Displays Market – by Geography (2020, %)

Fine Pixel Pitch LED Displays Market to Grow at a CAGR of 18.1% to reach US$ 5,490.84 million from 2020 to 2028

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Fine Pixel Pitch LED Displays Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Up to 3mm, 2mm to 1mm), Application (Broadcast Screens, Digital Signage, Control Rooms and Monitoring, Visualization and Simulation, and Others)


 

The report segments the global fine pixel pitch LED displays market as follows:

 

By Type

  • Up to 3 mm
  • 2 mm to 1 mm

 

By Application

  • Broadcast Screens
  • Digital Signage
  • Control Rooms and Monitoring
  • Visualization and Simulation
  • Others

 

By Geography

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • France
    • Germany
    • Italy
    • UK
    • Russia
    • Rest of Europe
  • Asia Pacific (APAC)
    • China
    • India
    • South Korea
    • Japan
    • Australia
    • Rest of APAC
  • Middle East & Africa (MEA)
    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of MEA
  • South America (SAM)
    • Brazil
    • Argentina
    • Rest of SAM  
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