LED Display Market Size 2024-2028
The LED display market size is forecast to increase by USD 3.66 billion at a CAGR of 8.26% between 2023 and 2028. The market is experiencing significant growth due to the rising demand for fine-pitch LED displays and energy-efficient solutions. LCD and OLED panels are increasingly being adopted in various applications, including televisions, PC monitors, tablets, AR/VR devices, and smart wearables. OLED panels, known for their superior color accuracy and power efficiency, are gaining popularity in high-end devices. However, the high costs associated with LED display manufacturing remain a challenge. Additionally, the emergence of quantum dot displays is expected to further disrupt the market landscape. TV manufacturers are continually innovating to offer more advanced features and larger screen sizes, while PC monitor and tablet manufacturers are focusing on slim designs and higher resolutions. Overall, the market is poised for continued growth, driven by advancements in technology and increasing demand for high-quality visual experiences.
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.4 Market outlook: Forecast for 2023-2028
- Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
- 4.1 Global LED display market 2018 - 2022
- Exhibit 18: Historic Market Size – Data Table on global led display market 2018 - 2022 ($ million)
- 4.2 Type Segment Analysis 2018 - 2022
- Exhibit 19: Historic Market Size – Type Segment 2018 - 2022 ($ million)
- 4.3 Application Segment Analysis 2018 - 2022
- Exhibit 20: Historic Market Size – Application Segment 2018 - 2022 ($ million)
- 4.4 Geography Segment Analysis 2018 - 2022
- Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ million)
- 4.5 Country Segment Analysis 2018 - 2022
- Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Type
- 6.1 Market segments
- Exhibit 30: Chart on Type - Market share 2023-2028 (%)
- Exhibit 31: Data Table on Type - Market share 2023-2028 (%)
- 6.2 Comparison by Type
- Exhibit 32: Chart on Comparison by Type
- Exhibit 33: Data Table on Comparison by Type
- 6.3 Conventional LED displays - Market size and forecast 2023-2028
- Exhibit 34: Chart on Conventional LED displays - Market size and forecast 2023-2028 ($ million)
- Exhibit 35: Data Table on Conventional LED displays - Market size and forecast 2023-2028 ($ million)
- Exhibit 36: Chart on Conventional LED displays - Year-over-year growth 2023-2028 (%)
- Exhibit 37: Data Table on Conventional LED displays - Year-over-year growth 2023-2028 (%)
- 6.4 Surface mounted LED displays - Market size and forecast 2023-2028
- Exhibit 38: Chart on Surface mounted LED displays - Market size and forecast 2023-2028 ($ million)
- Exhibit 39: Data Table on Surface mounted LED displays - Market size and forecast 2023-2028 ($ million)
- Exhibit 40: Chart on Surface mounted LED displays - Year-over-year growth 2023-2028 (%)
- Exhibit 41: Data Table on Surface mounted LED displays - Year-over-year growth 2023-2028 (%)
- 6.5 Market opportunity by Type
- Exhibit 42: Market opportunity by Type ($ million)
- Exhibit 43: Data Table on Market opportunity by Type ($ million)
7 Market Segmentation by Application
- 7.1 Market segments
- Exhibit 44: Chart on Application - Market share 2023-2028 (%)
- Exhibit 45: Data Table on Application - Market share 2023-2028 (%)
- 7.2 Comparison by Application
- Exhibit 46: Chart on Comparison by Application
- Exhibit 47: Data Table on Comparison by Application
- 7.3 Indoor - Market size and forecast 2023-2028
- Exhibit 48: Chart on Indoor - Market size and forecast 2023-2028 ($ million)
- Exhibit 49: Data Table on Indoor - Market size and forecast 2023-2028 ($ million)
- Exhibit 50: Chart on Indoor - Year-over-year growth 2023-2028 (%)
- Exhibit 51: Data Table on Indoor - Year-over-year growth 2023-2028 (%)
- 7.4 Outdoor - Market size and forecast 2023-2028
- Exhibit 52: Chart on Outdoor - Market size and forecast 2023-2028 ($ million)
- Exhibit 53: Data Table on Outdoor - Market size and forecast 2023-2028 ($ million)
- Exhibit 54: Chart on Outdoor - Year-over-year growth 2023-2028 (%)
- Exhibit 55: Data Table on Outdoor - Year-over-year growth 2023-2028 (%)
- 7.5 Market opportunity by Application
- Exhibit 56: Market opportunity by Application ($ million)
- Exhibit 57: Data Table on Market opportunity by Application ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 59: Chart on Market share by geography 2023-2028 (%)
- Exhibit 60: Data Table on Market share by geography 2023-2028 (%)
- 9.2 Geographic comparison
- Exhibit 61: Chart on Geographic comparison
- Exhibit 62: Data Table on Geographic comparison
- 9.3 APAC - Market size and forecast 2023-2028
- Exhibit 63: Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Exhibit 64: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Exhibit 65: Chart on APAC - Year-over-year growth 2023-2028 (%)
- Exhibit 66: Data Table on APAC - Year-over-year growth 2023-2028 (%)
- 9.4 North America - Market size and forecast 2023-2028
- Exhibit 67: Chart on North America - Market size and forecast 2023-2028 ($ million)
- Exhibit 68: Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Exhibit 69: Chart on North America - Year-over-year growth 2023-2028 (%)
- Exhibit 70: Data Table on North America - Year-over-year growth 2023-2028 (%)
- 9.5 Europe - Market size and forecast 2023-2028
- Exhibit 71: Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Exhibit 72: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Exhibit 73: Chart on Europe - Year-over-year growth 2023-2028 (%)
- Exhibit 74: Data Table on Europe - Year-over-year growth 2023-2028 (%)
- 9.6 South America - Market size and forecast 2023-2028
- Exhibit 75: Chart on South America - Market size and forecast 2023-2028 ($ million)
- Exhibit 76: Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Exhibit 77: Chart on South America - Year-over-year growth 2023-2028 (%)
- Exhibit 78: Data Table on South America - Year-over-year growth 2023-2028 (%)
- 9.7 Middle East and Africa - Market size and forecast 2023-2028
- Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- 9.8 US - Market size and forecast 2023-2028
- Exhibit 83: Chart on US - Market size and forecast 2023-2028 ($ million)
- Exhibit 84: Data Table on US - Market size and forecast 2023-2028 ($ million)
- Exhibit 85: Chart on US - Year-over-year growth 2023-2028 (%)
- Exhibit 86: Data Table on US - Year-over-year growth 2023-2028 (%)
- 9.9 China - Market size and forecast 2023-2028
- Exhibit 87: Chart on China - Market size and forecast 2023-2028 ($ million)
- Exhibit 88: Data Table on China - Market size and forecast 2023-2028 ($ million)
- Exhibit 89: Chart on China - Year-over-year growth 2023-2028 (%)
- Exhibit 90: Data Table on China - Year-over-year growth 2023-2028 (%)
- 9.10 Germany - Market size and forecast 2023-2028
- Exhibit 91: Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Exhibit 92: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Exhibit 93: Chart on Germany - Year-over-year growth 2023-2028 (%)
- Exhibit 94: Data Table on Germany - Year-over-year growth 2023-2028 (%)
- 9.11 Japan - Market size and forecast 2023-2028
- Exhibit 95: Chart on Japan - Market size and forecast 2023-2028 ($ million)
- Exhibit 96: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
- Exhibit 97: Chart on Japan - Year-over-year growth 2023-2028 (%)
- Exhibit 98: Data Table on Japan - Year-over-year growth 2023-2028 (%)
- 9.12 South Korea - Market size and forecast 2023-2028
- Exhibit 99: Chart on South Korea - Market size and forecast 2023-2028 ($ million)
- Exhibit 100: Data Table on South Korea - Market size and forecast 2023-2028 ($ million)
- Exhibit 101: Chart on South Korea - Year-over-year growth 2023-2028 (%)
- Exhibit 102: Data Table on South Korea - Year-over-year growth 2023-2028 (%)
- 9.13 Market opportunity by geography
- Exhibit 103: Market opportunity by geography ($ million)
- Exhibit 104: Data Tables on Market opportunity by geography ($ million)
10 Drivers, Challenges, and Trends
- 10.3 Impact of drivers and challenges
- Exhibit 105: Impact of drivers and challenges in 2023 and 2028
11 Vendor Landscape
- 11.2 Vendor landscape
- Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 107: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 108: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 109: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 110: Matrix on vendor position and classification
- 12.3 Dakco
- Exhibit 111: Dakco - Overview
- Exhibit 112: Dakco - Product / Service
- Exhibit 113: Dakco - Key offerings
- 12.4 Ledman Optoelectronic Co.,ltd.
- Exhibit 114: Ledman Optoelectronic Co.,ltd. - Overview
- Exhibit 115: Ledman Optoelectronic Co.,ltd. - Product / Service
- Exhibit 116: Ledman Optoelectronic Co.,ltd. - Key offerings
- 12.5 Ledtop Visual Ltd.
- Exhibit 117: Ledtop Visual Ltd. - Overview
- Exhibit 118: Ledtop Visual Ltd. - Product / Service
- Exhibit 119: Ledtop Visual Ltd. - Key offerings
- 12.6 LG Electronics Inc.
- Exhibit 120: LG Electronics Inc. - Overview
- Exhibit 121: LG Electronics Inc. - Product / Service
- Exhibit 122: LG Electronics Inc. - Key offerings
- 12.7 LIANTRONICS CO.,LTD.
- Exhibit 123: LIANTRONICS CO.,LTD. - Overview
- Exhibit 124: LIANTRONICS CO.,LTD. - Product / Service
- Exhibit 125: LIANTRONICS CO.,LTD. - Key offerings
- 12.8 Neoti LLC
- Exhibit 126: Neoti LLC - Overview
- Exhibit 127: Neoti LLC - Product / Service
- Exhibit 128: Neoti LLC - Key offerings
- 12.9 Samsung Electronics Co. Ltd.
- Exhibit 129: Samsung Electronics Co. Ltd. - Overview
- Exhibit 130: Samsung Electronics Co. Ltd. - Business segments
- Exhibit 131: Samsung Electronics Co. Ltd. - Key news
- Exhibit 132: Samsung Electronics Co. Ltd. - Key offerings
- Exhibit 133: Samsung Electronics Co. Ltd. - Segment focus
- 12.10 SHENZHEN ABSEN OPTOELECTRONIC CO.,LTD.
- Exhibit 134: SHENZHEN ABSEN OPTOELECTRONIC CO.,LTD. - Overview
- Exhibit 135: SHENZHEN ABSEN OPTOELECTRONIC CO.,LTD. - Product / Service
- Exhibit 136: SHENZHEN ABSEN OPTOELECTRONIC CO.,LTD. - Key offerings
- 12.11 SHENZHEN JIE YU INDUSTRIAL CO., LTD
- Exhibit 137: SHENZHEN JIE YU INDUSTRIAL CO., LTD - Overview
- Exhibit 138: SHENZHEN JIE YU INDUSTRIAL CO., LTD - Product / Service
- Exhibit 139: SHENZHEN JIE YU INDUSTRIAL CO., LTD - Key offerings
- 12.12 SHENZHEN NEXNOVO TECHNOLOGY Co. Ltd.
- Exhibit 140: SHENZHEN NEXNOVO TECHNOLOGY Co. Ltd. - Overview
- Exhibit 141: SHENZHEN NEXNOVO TECHNOLOGY Co. Ltd. - Product / Service
- Exhibit 142: SHENZHEN NEXNOVO TECHNOLOGY Co. Ltd. - Key offerings
- 12.13 SHENZHEN UNIVIEW LED CO.,LTD
- Exhibit 143: SHENZHEN UNIVIEW LED CO.,LTD - Overview
- Exhibit 144: SHENZHEN UNIVIEW LED CO.,LTD - Product / Service
- Exhibit 145: SHENZHEN UNIVIEW LED CO.,LTD - Key offerings
- 12.14 Shenzhen Vision Pro Electronic Co., Ltd.
- Exhibit 146: Shenzhen Vision Pro Electronic Co., Ltd. - Overview
- Exhibit 147: Shenzhen Vision Pro Electronic Co., Ltd. - Product / Service
- Exhibit 148: Shenzhen Vision Pro Electronic Co., Ltd. - Key offerings
- 12.15 Vanguard LED Displays
- Exhibit 149: Vanguard LED Displays - Overview
- Exhibit 150: Vanguard LED Displays - Product / Service
- Exhibit 151: Vanguard LED Displays - Key offerings
- 12.16 ViewSonic Corp.
- Exhibit 152: ViewSonic Corp. - Overview
- Exhibit 153: ViewSonic Corp. - Product / Service
- Exhibit 154: ViewSonic Corp. - Key offerings
- 12.17 YuChip
- Exhibit 155: YuChip - Overview
- Exhibit 156: YuChip - Product / Service
- Exhibit 157: YuChip - Key offerings
13 Appendix
- 13.2 Inclusions and exclusions checklist
- Exhibit 158: Inclusions checklist
- Exhibit 159: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 160: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 161: Research methodology
- Exhibit 162: Validation techniques employed for market sizing
- Exhibit 163: Information sources
- 13.5 List of abbreviations
- Exhibit 164: List of abbreviations