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LED Modular Display Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global LED modular display market exhibited strong growth during 2015-2020. LED modular displays comprise a combination of cabinets or small independent units available in a variety of sizes, shapes and pixel patches. These displays are installed in indoor or outdoor applications like shopping centres, entertainment, weddings, concerts and sports events as they can be configured onsite according to user requirements. Moreover, they offer durability, efficiency, scalability, seamless images, optimal viewing angles, high-impact visual quality, fast lead times and design flexibility. As a result, they are also being used in airports, exhibitions, auditoriums, and railway stations.

A significant rise in the number of outdoor events, along with the emergence of digital-out-of-home (DOOH) advertising, represents one of the key factors bolstering the growth of the LED modular display market. Additionally, due to their thin, lightweight and easy-to-install nature, these displays are gaining popularity in the corporate sector to display products and essential information. Apart from this, LED modular displays can withstand extreme weather conditions and adjust brightness accordingly, which is increasing their installation in theme amusement parks across the globe. Furthermore, as they offer aesthetic and realistic options, the growing trend of smart homes is influencing their demand positively. Besides this, the leading market players are focusing on the introduction of micro-LED modular displays that are energy-efficient and produce true-to-life colors. Retail clothing stores worldwide are also adopting the technology to enable virtual dressing rooms, which is anticipated to provide ample lucrative opportunities to leading manufacturers for expanding their existing market reach and overall sales. Looking forward, IMARC Group expects the global LED modular display market to grow at a CAGR of around 16% during the forecast period (2021-2026).

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global LED modular display market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, type and application.

Breakup by Type:

  • Indoor Modular Screens
  • Outdoor Modular Screens
     

Breakup by Application:

  • Retail
  • Entertainment
  • Healthcare
  • Transportation
  • Telecommunication & IT
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Barco, NEC Display Solutions Ltd., PixelFLEX, Planar Systems Inc. (Leyard Optoelectronic Co. Ltd), Prismaflex International, Pro Display, Samsung Electronics Co. Ltd., Shenzhen Absen Optoelectronic Co. Ltd., Sony Corporation and Yaham Optoelectronics Co. Ltd.

Key Questions Answered in This Report:

  • How has the global LED modular display market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global LED modular display market?
  • What are the key regional markets?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global LED modular display market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global LED Modular Display Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Display Type
    6.1    Indoor Modular Screens
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Outdoor Modular Screens
        6.2.1 Market Trends
        6.2.2 Market Forecast
7    Market Breakup by Application
    7.1    Retail
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Entertainment
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Healthcare
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Transportation
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Telecommunication & IT
        7.5.1 Market Trends
        7.5.2 Market Forecast
    7.6    Others
        7.6.1 Market Trends
        7.6.2 Market Forecast
8    Market Breakup by Region
    8.1    North America
        8.1.1 United States
            8.1.1.1 Market Trends
            8.1.1.2 Market Forecast
        8.1.2 Canada
            8.1.2.1 Market Trends
            8.1.2.2 Market Forecast
    8.2    Asia-Pacific
        8.2.1 China
            8.2.1.1 Market Trends
            8.2.1.2 Market Forecast
        8.2.2 Japan
            8.2.2.1 Market Trends
            8.2.2.2 Market Forecast
        8.2.3 India
            8.2.3.1 Market Trends
            8.2.3.2 Market Forecast
        8.2.4 South Korea
            8.2.4.1 Market Trends
            8.2.4.2 Market Forecast
        8.2.5 Australia
            8.2.5.1 Market Trends
            8.2.5.2 Market Forecast
        8.2.6 Indonesia
            8.2.6.1 Market Trends
            8.2.6.2 Market Forecast
        8.2.7 Others
            8.2.7.1 Market Trends
            8.2.7.2 Market Forecast
    8.3    Europe
        8.3.1 Germany
            8.3.1.1 Market Trends
            8.3.1.2 Market Forecast
        8.3.2 France
            8.3.2.1 Market Trends
            8.3.2.2 Market Forecast
        8.3.3 United Kingdom
            8.3.3.1 Market Trends
            8.3.3.2 Market Forecast
        8.3.4 Italy
            8.3.4.1 Market Trends
            8.3.4.2 Market Forecast
        8.3.5 Spain
            8.3.5.1 Market Trends
            8.3.5.2 Market Forecast
        8.3.6 Russia
            8.3.6.1 Market Trends
            8.3.6.2 Market Forecast
        8.3.7 Others
            8.3.7.1 Market Trends
            8.3.7.2 Market Forecast
    8.4    Latin America
        8.4.1 Brazil
            8.4.1.1 Market Trends
            8.4.1.2 Market Forecast
        8.4.2 Mexico
            8.4.2.1 Market Trends
            8.4.2.2 Market Forecast
        8.4.3 Others
            8.4.3.1 Market Trends
            8.4.3.2 Market Forecast
    8.5    Middle East and Africa
        8.5.1 Market Trends
        8.5.2 Market Breakup by Country
        8.5.3 Market Forecast
9    SWOT Analysis
    9.1    Overview
    9.2    Strengths
    9.3    Weaknesses
    9.4    Opportunities
    9.5    Threats
10    Value Chain Analysis
11    Porters Five Forces Analysis

    11.1    Overview
    11.2    Bargaining Power of Buyers
    11.3    Bargaining Power of Suppliers
    11.4    Degree of Competition
    11.5    Threat of New Entrants
    11.6    Threat of Substitutes
12    Price Analysis
13    Competitive Landscape

    13.1    Market Structure
    13.2    Key Players
    13.3    Profiles of Key Players
        13.3.1    Barco
            13.3.1.1 Company Overview
            13.3.1.2 Product Portfolio
            13.3.1.3 Financials
            13.3.1.4 SWOT Analysis
        13.3.2    NEC Display Solutions Ltd. (Sharp Corporation)
            13.3.2.1 Company Overview
            13.3.2.2 Product Portfolio
        13.3.3    PixelFLEX
            13.3.3.1 Company Overview
            13.3.3.2 Product Portfolio
        13.3.4    Planar Systems Inc. (Leyard Optoelectronic Co. Ltd)
            13.3.4.1 Company Overview
            13.3.4.2 Product Portfolio
        13.3.5    Prismaflex International
            13.3.5.1 Company Overview
            13.3.5.2 Product Portfolio
            13.3.5.3 Financials
        13.3.6    Pro Display 
            13.3.6.1 Company Overview
            13.3.6.2 Product Portfolio
        13.3.7    Samsung Electronics Co. Ltd.
            13.3.7.1 Company Overview
            13.3.7.2 Product Portfolio
            13.3.7.3 Financials
            13.3.7.4 SWOT Analysis
        13.3.8    Shenzhen Absen Optoelectronic Co. Ltd.
            13.3.8.1 Company Overview
            13.3.8.2 Product Portfolio
            13.3.8.3 Financials
        13.3.9    Sony Corporation
            13.3.9.1 Company Overview
            13.3.9.2 Product Portfolio
            13.3.9.3 Financials
            13.3.9.4 SWOT Analysis
        13.3.10    Yaham Optoelectronics Co. Ltd.
            13.3.10.1 Company Overview
            13.3.10.2 Product Portfolio

List of Figures

Figure 1: Global: LED Modular Display Market: Major Drivers and Challenges
Figure 2: Global: LED Modular Display Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: LED Modular Display Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 4: Global: LED Modular Display Market: Breakup by Display Type (in %), 2020
Figure 5: Global: LED Modular Display Market: Breakup by Application (in %), 2020
Figure 6: Global: LED Modular Display Market: Breakup by Region (in %), 2020
Figure 7: Global: LED Modular Display (Indoor Modular Screens) Market: Sales Value (in Million US$), 2015 & 2020
Figure 8: Global: LED Modular Display (Indoor Modular Screens) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 9: Global: LED Modular Display (Outdoor Modular Screens) Market: Sales Value (in Million US$), 2015 & 2020
Figure 10: Global: LED Modular Display (Outdoor Modular Screens) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 11: Global: LED Modular Display (Retail) Market: Sales Value (in Million US$), 2015 & 2020
Figure 12: Global: LED Modular Display (Retail) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 13: Global: LED Modular Display (Entertainment) Market: Sales Value (in Million US$), 2015 & 2020
Figure 14: Global: LED Modular Display (Entertainment) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 15: Global: LED Modular Display (Healthcare) Market: Sales Value (in Million US$), 2015 & 2020
Figure 16: Global: LED Modular Display (Healthcare) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 17: Global: LED Modular Display (Transportation) Market: Sales Value (in Million US$), 2015 & 2020
Figure 18: Global: LED Modular Display (Transportation) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 19: Global: LED Modular Display (Telecommunication & IT) Market: Sales Value (in Million US$), 2015 & 2020
Figure 20: Global: LED Modular Display (Telecommunication & IT) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 21: Global: LED Modular Display (Others) Market: Sales Value (in Million US$), 2015 & 2020
Figure 22: Global: LED Modular Display (Others) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 23: North America: LED Modular Display Market: Sales Value (in Million US$), 2015 & 2020
Figure 24: North America: LED Modular Display Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 25: United States: LED Modular Display Market: Sales Value (in Million US$), 2015 & 2020
Figure 26: United States: LED Modular Display Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 27: Canada: LED Modular Display Market: Sales Value (in Million US$), 2015 & 2020
Figure 28: Canada: LED Modular Display Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 29: Asia-Pacific: LED Modular Display Market: Sales Value (in Million US$), 2015 & 2020
Figure 30: Asia-Pacific: LED Modular Display Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 31: China: LED Modular Display Market: Sales Value (in Million US$), 2015 & 2020
Figure 32: China: LED Modular Display Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 33: Japan: LED Modular Display Market: Sales Value (in Million US$), 2015 & 2020
Figure 34: Japan: LED Modular Display Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 35: India: LED Modular Display Market: Sales Value (in Million US$), 2015 & 2020
Figure 36: India: LED Modular Display Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 37: South Korea: LED Modular Display Market: Sales Value (in Million US$), 2015 & 2020
Figure 38: South Korea: LED Modular Display Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 39: Australia: LED Modular Display Market: Sales Value (in Million US$), 2015 & 2020
Figure 40: Australia: LED Modular Display Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 41: Indonesia: LED Modular Display Market: Sales Value (in Million US$), 2015 & 2020
Figure 42: Indonesia: LED Modular Display Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 43: Others: LED Modular Display Market: Sales Value (in Million US$), 2015 & 2020
Figure 44: Others: LED Modular Display Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 45: Europe: LED Modular Display Market: Sales Value (in Million US$), 2015 & 2020
Figure 46: Europe: LED Modular Display Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 47: Germany: LED Modular Display Market: Sales Value (in Million US$), 2015 & 2020
Figure 48: Germany: LED Modular Display Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 49: France: LED Modular Display Market: Sales Value (in Million US$), 2015 & 2020
Figure 50: France: LED Modular Display Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 51: United Kingdom: LED Modular Display Market: Sales Value (in Million US$), 2015 & 2020
Figure 52: United Kingdom: LED Modular Display Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 53: Italy: LED Modular Display Market: Sales Value (in Million US$), 2015 & 2020
Figure 54: Italy: LED Modular Display Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 55: Spain: LED Modular Display Market: Sales Value (in Million US$), 2015 & 2020
Figure 56: Spain: LED Modular Display Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 57: Russia: LED Modular Display Market: Sales Value (in Million US$), 2015 & 2020
Figure 58: Russia: LED Modular Display Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 59: Others: LED Modular Display Market: Sales Value (in Million US$), 2015 & 2020
Figure 60: Others: LED Modular Display Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 61: Latin America: LED Modular Display Market: Sales Value (in Million US$), 2015 & 2020
Figure 62: Latin America: LED Modular Display Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 63: Brazil: LED Modular Display Market: Sales Value (in Million US$), 2015 & 2020
Figure 64: Brazil: LED Modular Display Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 65: Mexico: LED Modular Display Market: Sales Value (in Million US$), 2015 & 2020
Figure 66: Mexico: LED Modular Display Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 67: Others: LED Modular Display Market: Sales Value (in Million US$), 2015 & 2020
Figure 68: Others: LED Modular Display Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 69: Middle East and Africa: LED Modular Display Market: Sales Value (in Million US$), 2015 & 2020
Figure 70: Middle East and Africa: LED Modular Display Market: Breakup by Country (in %), 2020
Figure 71: Middle East and Africa: LED Modular Display Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 72: Global: LED Modular Display Industry: SWOT Analysis
Figure 73: Global: LED Modular Display Industry: Value Chain Analysis
Figure 74: Global: LED Modular Display Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: LED Modular Display Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: LED Modular Display Market Forecast: Breakup by Display Type (in Million US$), 2021-2026
Table 3: Global: LED Modular Display Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 4: Global: LED Modular Display Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 5: Global: LED Modular Display Market: Competitive Structure
Table 6: Global: LED Modular Display Market: Key Players

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