Middle East and Africa Fine Pixel Pitch LED Displays Market Growth and Recent Trends by 2028
Middle East and Africa Fine Pixel Pitch LED Displays Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Up to 3mm and 2mm to 1mm) and Application (Broadcast Screens, Digital Signage, Control Rooms and Monitoring, Visualization and Simulation, and Others)
Historic Data: 2019-2020 | Base Year: 2021 | Forecast Period: 2022-2028- Report Date : Jul 2021
- Report Code : TIPRE00023330
- Category : Electronics and Semiconductor
- Status : Published
- Available Report Formats :
- No. of Pages : 67
The Fine Pixel Pitch LED Displays Market in MEA is expected to grow from US$ 115.50 million in 2021 to US$ 336.21 million by 2028; it is estimated to grow at a CAGR of 16.5% from 2021 to 2028.
The Saudi Arabia, South Africa and UAE are major economies in MEA. Ultra-Fine Pixel Pitch LED Displays. At present, the shipment volumes of ultra-fine pitch displays are low. However, these displays are gradually replacing LCD walls and projection DLP systems and can be successfully deployed across a wide spectrum of applications. Ultra-fine pitch LED displays are likely to gain traction in the coming years reliability that indicates lowest maintenance costs and it creates important realizable selling features and value in the market if addressed appropriately in the design and LED device specification phase. At present, displays with pixel pitch 1.56 mm and 1.2mm are trending, but the products with 0.9 mm and lower pixel pitch are likely to be commercialized soon. The upcoming events such as 2020 Summer Olympics and the impending popularity of high-resolution screens are the major factors paving the way for LED displays with finer pixel pitches. In addition to the existing leaders in the fine pitch display market—Leyard and Unilumin Group—consumer electronics display manufacturers such as Sony, Samsung, and LG have now begun manufacturing fine pitch displays. They have introduced as miniLED and microLED display products with ≤1.0 mm pixel pitch. In 2016, Sony launched a modular microLED display product, called Crystal LED, previously known as CLEDIS (i.e., crystal LED integrated structure). Macroblock Inc. has successfully developed ultra-fine pitch microLED display modules in technological collaboration with the Industrial Technology Research Institute. Theses displays provide better brightness, better picture-quality, and less burn-in. Thus, ultra-fine pitch displays and LED video walls with high resolution, high dynamic range (HDR), and lower costs are gathering significant traction among LED display manufacturers and are emerging as a notable trend in the fine pixel pitch market, which is further anticipated to drive the market in MEA.The major countries in MEA that are facing the economic impact of COVID-19 pandemic include Saudi Arabia, the UAE, Egypt, Morocco, and Kuwait. The region is projected to register a swift decline in export due to lowered demands for raw materials and products from manufacturers across North America, Europe, and APAC, due to halted production activities and disruption of manufacturing in many countries in these regions. The hospitality sector is the largest contributor to the fine pixel pitch LED display industry growth in the MEA. However, the imposition of travel restrictions has slightly impacted the fine pixel pitch LED displays market in the region
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MEA Fine Pixel Pitch LED Displays Market Segmentation
MEA Fine Pixel Pitch LED Displays Market – By Type
- Upto 3mm
- 2mm to 1mm
MEA Fine Pixel Pitch LED Displays Market – By Application
- Broadcast Screens
- Digital Signage
- Control Rooms and Monitoring
- Visualization and Simulation
- Others
MEA Fine Pixel Pitch LED Displays Market – By Country
- South Africa
- UAE
- Saudi Arabia
- Rest of MEA
MEA Fine Pixel Pitch LED Displays Market -Companies Mentioned
- Christie Digital Systems USA, Inc.
- Daktronics
- Sharp NEC Display Solutions of America, Inc
- SiliconCore Technology Inc
- Unilumin
Middle East and Africa Fine Pixel Pitch LED Displays Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 115.50 Million |
| Market Size by 2028 | US$ 336.21 Million |
| CAGR (2021 - 2028) | 16.5% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Type
|
| Regions and Countries Covered |
Middle East and Africa
|
| Market leaders and key company profiles |
|
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
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