Continuous advancement in display technology is creating demand for better picture quality displays for residential, commercial, industrial as well as educational purpose. Large format displays offer high resolution picture quality which create a lasting experience. Large format displays are used for several purposes such as for projecting posters, advertisements or general messages for customers. Furthermore, interactive features such as touchscreen capabilities make these displays a primary choice for commercial purpose.
Large format displays market is witnessing rapid technological changes, for instance, introduction of electronic paper large format displays. These are low power, ultra-thin and sunlight readable which makes them ideal for use in outdoor applications in transportation, retail and gas stations among others.
Large Format Display Market: Drivers and Restraints: Primary driver for large format displays is the availability of ultra-high definition displays with enhanced readability features. These features help display pristine image quality with readability from virtually every angle. Also, large format display is making big impact on digital signage market. Retail is one of the most important segments driving the growth of large format displays.
However, high cost deter many end-users to adopt these large format displays. Instead they opt for low cost LCD displays. Also, fluctuating prices of display panels and alternative wide screen options also hamper the growth of market.
Large Format Display Market Segmentation By Technology Include – LED backlit display, OLED, e-Paper; By Type Include – Video Wall, Standalone display; By Application – Indoor, Outdoor; By End Use – Commercial, (Retail, Hospitality, Healthcare, Government, and Command and Control Centers), Infrastructural, (Sports and Entertainment, Transportation), Industrial, Educational, Others
Global Large Format Display Competitive Landscape: Some of the major Large Format Display vendors include Barco NV, E Ink Holdings, Inc., Leyard Optoelectronic Co., Ltd., LG Display Co., Ltd., NEC Corporation, Samsung Electronics Co., Ltd., Sharp Corporation, Sony Corporation and TPV Technology Ltd. and among others.
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