Large Format Display (LFD) Market worth 14.93 Billion USD by 2023

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Large Format Display (LFD) Market by Offering,
Display Type (Video Wall Standalone),
Technology (LED-Backlit LCD, Direct-View LED,
OLED, E-Paper), Size, Brightness Level,
Application (Indoor Outdoor), Vertical, and
Region - Global Forecast to 2023
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According to the new research report "Large
Format Display (LFD) Market by Offering, Display
Type (Video Wall Standalone), Technology
(LED-Backlit LCD, Direct-View LED, OLED,
E-Paper), Size, Brightness Level, Application
(Indoor Outdoor), Vertical, and Region - Global
Forecast to 2023 The LFD market, the market is
expected to grow to USD 14.93 Billion by 2023
from USD 9.51 Billion in 2016, at a CAGR of 6.7
between 2017 and 2023. Increasing innovation in
direct-view fine-pixel LED displays and their
technological advantages are is expected to be
the major drivers for the market. Commercial
industries held the largest market share in 2016
because of the rising installation large format
displays in malls and shopping centers. However,
infrastructural industries are expected to drive
the growth of large format display market during
the forecast period. PDF Brochure
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The increasing innovation in direct-view
fine-pixel LED displays and their technological
advantages are driving the growth of the large
format display market. The market is also driven
by factors such as availability of highly bright
HD LFDs offering better stability, flexibility,
sustainability, and environment resistance
increasing demand for brighter and
power-efficient LFDs in several applications and
increased applications for digital
signage. Direct-view LED displays to hold the
largest share of the LFD market by 2023 There is
a growing demand among the customers for
commercial video walls based on direct-view LED
and LCD technologies. The direct-view fine-pixel
LED video walls are expected to revolutionize the
LFD market by growing at the highest CAGR during
the forecast period. These displays are highly
bright, have a significant resolution, and can be
used to construct a seamless and infinite size
video walls. On the other hand, large-pixel LED
and narrow bezel LCD video walls are expected to
grow at a significant rate, whereas LCD
standalone displays are expected to witness a
sharp decline in the market share during the
forecast period. Together, the large-pixel and
fine-pixel direct-view LED displays are expected
to surpass the LCD displays in terms of market
share during the forecast period.
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LCD displays held the large market share in 2016,
and the trend is expected to continue during the
forecast period. However, this market share is
expected to decline rapidly owing to the growth
of direct-view fine-pixel LED technology.
Currently, large-pixel LED displays are widely
used in various outdoor applications, and with
the high adoption rate of fine-pixel LED
displays, both fine-pixel and large-pixel
direct-view LED displays would hold a larger
market share by 2023, surpassing the LCD
technology. LFDs for indoor applications and for
commercial industries to hold the major share of
the LFD market LFDs utilized in indoor
applications contributed to three times the
market share compared with LFDs in outdoor
applications. This is because of the use of more
costly displays (per square meter)LCD,
fine-pixel LED, and OLED in indoor environments.
LFDs in commercial industries contributed the
largest market share in 2016 because of the
increasing number of malls and shopping centers
installing large format displays for last many
years. However, infrastructural industries are
expected to drive the growth of the LFD market
during the forecast period, specifically in
sports and entertainment. Direct-view fine-pixel
LED displays are expected to witness a high
demand in transportation, public places, sports,
and entertainment venues during the forecast
period.
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Browse gtgt 64 market data
tables 73 figures
196 Pages and in-depth TOC on Large
Format Display (LFD) Market - Global Forecast to
2023 Early buyers will receive 10 customization
on this report. This is a Premium Report Priced
at Single user US 5650 Corporate User
US8150 This study answers several questions for
the stakeholders, primarily which market segments
to focus on in the next two to five years to
prioritize efforts and investments.
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Key players - The large format display market is
dominated by

• Samsung Electronics Co, Ltd. (South Korea)
• LG Display Co., Ltd. (South Korea)
• NEC Corp. (Japan)
• Leyard Optoelectronic Co. Ltd. (China)

• Sharp Corp. (Foxconn) (Japan)
• Barco NV (Belgium)
• Sony Corp. (Japan)
• TPV Technology Ltd. (Hong Kong).

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