Large Format Display Market Is Expected to Generate Huge Profits by 2027

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Valley Cottage, NY — (SBWIRE) — 10/06/2017 — 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.

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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.

Global Large Format Display Market: Market Segmentation

Global large format display market can be divided into four segments, based on Technology, Type, Application and End-user.

Segmentation on basis of Technology for Large Format Display Market:

The major segments of large format display market on basis of technology include:

LED backlit display

OLED

e-Paper

Segmentation on basis of Type for Large Format Display Market:

The major segments of large format display market on basis of type include:

Video Wall

Standalone display

Segmentation on basis of Application for Large Format Display Market:

The major segments of large format display market on basis of application include:

Indoor

Outdoor

Segmentation on basis of End-user for Large Format Display Market:

The major segments of large format display market on basis of end-user include:

Commercial

Retail

Hospitality

Healthcare

Government, and Command and Control Centers

Infrastructural

Sports and Entertainment

Transportation

Industrial

Educational

Others

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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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