An LED video wall refers to an integrated display screen, which is made of multiple LED display units on a single pane to allow an augmented landscape to the viewer. In recent times, the global LED video walls market has witnessed growth due to increasing outdoor events such as political assemblies, sports events, music concerts, product launches, and brand endorsements. In addition to this, the factors propelling the global LED video walls market are high stability, good flexibility, better environment resistance, high sustainability, and high resolution. The possibility of technical glitches in this market due to LED video walls being integrated solutions is the only notable restraint in this market.
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The global LED video walls market is segmented on the basis of technology, application, end user, and geography. The technologies used in this market are matrix grid layout, hardware-based controllers, network video wall, software-based video card controllers, transparent video wall, and others. The applications of these technologies are seen in outdoor screenings, indoor screenings, billboards, hoardings, menu board advertisements, and others. The end users of LED video walls are educational institutes, telecom media and entertainment industry, transportation and logistics industry, financial institutes, and social institutes among others. Geographically, this market is segmented into North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America.
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Some of the key players in the global LED video walls market are Koninklijke Philips N.V., Panasonic Corporation, LG Display Co. Ltd., Sony Corporation, Delta Electronics Inc., Shenzhen Absen Optoelectronic Co. Ltd., Leyard Optoelectronic Co. Ltd., and Samsung Electronics Co. Ltd. among others. The research report profiles these players to answer questions pertaining to the competitive landscape of the global LED video walls market. Furthermore, it also explains the business and marketing strategies, strategic mergers and acquisitions, joint ventures, research and development activities, and expansion plans of these top players in the near future.
Transparency Market Research presents a thorough analysis of the global LED video walls market. The research report, titled “LED Video Walls Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2023,” provides a clear explanation of the various trends and dynamics governing the global LED video walls market along with an analysis of the historical data to map the trajectory of the market for the near future. The report also contains Porter’s five forces to shed light on the threat of new entrants, the bargaining power of customers, the intensity of competitive rivalry, and the bargaining power of suppliers. To explain the impact of the strengths, weaknesses, opportunities, and threats on the segments, the researchers have used a SWOT analysis.