The Asia Pacific Narrow Pixel Pitch LED Display Market would witness market growth of 15.4% CAGR during the forecast period (2022-2028).
LED video walls with a fine pixel pitch can run at a reduced brightness in a control room setting. The control room sector is driven by the narrow pitch LED image's more pleasant fine color performance. In control room applications, power consumption along with heat dissipation are major problems for LED video walls. However, recent technological advances, including driving LEDs with a shared cathode, have resulted in the creation of LED technology that delivers improved brightness efficiency. This contributes to an increase in demand for LED displays with narrow pixel pitches.
One of the recognized characteristics of LED video walls is the availability of high-brightness screens. These screens are usually made to release more light in comparison to the regular commercial-grade screens. These panels are much more resilient than the regular televisions that are usually offered to withstand these harsh environments. Both affluent and emerging economies are adopting video wall technology, owing to the increasing GDP. The display technology's next generation, the video wall, enables multi-monitor configurations to expand client reach. The video wall's quality is determined by the display's brightness and contrast.
Over the forecast period, the demand for LED video walls in the region is expected to increase. The rise is related to the thorough integration of VR and AR-based interactive display units. Additionally, an increase in outdoor sporting and entertainment activities in the region is fueling demand for such displays. Retailers from nations like India, China, and Japan are strongly leaning towards using LED video walls to provide digital information and creative advertisements to draw in more customers and compete in the market. Hence, in the coming years, the region will see a huge growth in the utilization of LED displays, which would significantly benefit the regional narrow pixel pitch LED displays market.
The China market dominated the Asia Pacific Narrow Pixel Pitch LED Display Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $369.4 Million by 2028. The Japan market is estimated to grow a CAGR of 14.6% during (2022 - 2028). Additionally, The India market would experience a CAGR of 16.1% during (2022 - 2028).
Based on Application, the market is segmented into Control Rooms & Monitoring, Digital Signage, Broadcast Screens, Visualization & Simulation and Others. Based on Type, the market is segmented into 2mm to 1mm and upto 3mm. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Narrow Pixel Pitch LED Display Market is Projected to reach USD 3.5 Billion by 2028, at a CAGR of 15%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include NEC Corporation, Ushio, Inc. (Christie Digital Systems, Inc.), Daktronics, Inc., Barco NV, Siliconcore Technology, Inc., Leyard Optoelectronic Co., PixelFLEX, Shenzhen Absen Optoelectronic Co Ltd., NanoLumens, Inc., and Unilumin Group Co., Ltd.
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