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(IT-NEWSWIRE.COM, February 27, 2018 ) LED display has attracted enormous attention in the recent years because of its flat display. It is a display technology that is extremely thin, transparent, flexible, attractive, lightweight and fantastic quality of luminance is delivered. LED display are known as Light Emitting Diode Display is a flat panel displays. These panel are categorized into small and large panel displays which are driven by light emitting diodes. Installation of these displays includes benefits such as high definition resolution, good pixel pitch, durability, brightness, energy efficiency and portability. LED displays are opted by various corporate brand to advertise their offerings. These LED Displays are mainly used as billboards or sign boards in public places, stores, commercial buildings and others. It consist of several diodes. LED displays are categorized as display type, size, common pin value, color and packaging. LED displays are used by various end-user such as railways station, shopping mall, airport, sport stadium, park, advertising and subways.
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One of the major driving factor fueling the growth of LED displays is growing demand for advanced application such as advertising boards, stadium screen, video walls, scorecards and perimeter boards. In addition to this there are several other factor surging the growth of LED displays are rise in demand for interactive display technology, growing demand for flexible display in smartphones, e-reader, smart wearable and other applications, rising demand for OLED-based devices and development of energy-efficient, attractive design and high specification display products. However, the factor hindering the growth of LED displays is high cost associate with the new display technology-based products. Increasing investment in R&D by global manufactures is expected to boost the market over the forecasted period.
LED display market is segmented on the basis of type which further includes Edge-Lit LED, Full Array LED and RGB LED. Similarly, the market is further segmented on the basis of application as Indoor Displays and Outdoor Displays and further breakdown as end-user such as Advertising, Retail, Sports, Events and Festivals, Consumer Electronics and Others (Traffic Management, Hoardings, Bill-boards, etc.).
Companies List
- Philips
- OSRAM Group
- Samsung Display
- LG Innotek
- Nichia
- Seoul semiconductor
- Cree
- Shenzhen Mary Photoelectricity Co., Ltd
- Sharp
- Sony Corporation.
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