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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

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

“Increasing innovation in direct-view fine-pixel LED displays and their technological advantages driving the LFD market growth”
The large format display (LFD) market was valued at USD 9.51 billion in 2016 and is expected to reach USD 14.93 billion by 2023, at a CAGR of 6.7% between 2017 and 2023. The 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 are the major drivers for the market. However, factors such as increased online/broadcast advertisement and deployment of wide screen alternatives such as projectors and screenless displays are restraining the growth of the market.

“Video walls to witness the highest growth in the LFD market during the forecast period”
Video walls are constructed by joining many narrow bezel LCD or direct-view LED display tiles together. There is a huge market potential for direct-view fine-pixel LED display tiles in video wall applications as they can offer a seamless video wall, unlike the lined or interrupted video walls constructed from narrow bezel LCD tiles. Standalone displays, on the other hand, are mostly based on LCD technology and are limited by fixed size and resolution. The market share comparison of video walls and standalone displays is approximately 3:1 in the LFD market, and the trend is expected to increase during the forecast period in favor of video walls. LCD is a mature technology, which offers high picture quality at high resolution. However, it has a lower brightness level than direct-view LED displays. Direct-view LED displays, which were mostly utilized in outdoor applications, are now penetrating the indoor applications at a rapid rate owing to the introduction of fine-pixel LED displays. LCD displays, on the other hand, have a growth potential only in video wall applications where narrow bezel LCD tiles are used.

“LFDs in infrastructural industries such as sports and entertainment to witness the highest growth during the forecast period”
The infrastructural industries mostly utilize direct-view large-pixel LED display for outdoor applications. Fine-pixel LED displays are rapidly penetrating this market segment and would drive the growth of LFDs in infrastructural industries. Sports and entertainment applications would be the prime focus of major direct-view fine-pixel LED display suppliers during the forecast period. The market for infrastructural industries is expected to grow because most of the applications in these industries are outdoor and require high-brightness displays. Direct-view fine-pixel LED displays can cater to this demand by offering significant resolution. Commercial industries such as retail, hospitality, healthcare, corporate and broadcast, and government held the largest market share in 2016 and the trend is likely to continue till 2023.

“North America to hold the largest market size and APAC to witness the highest growth in the LFD market”
North America is expected to continue to hold the largest share of the LFD market owing to the high adoption rate of LFDs based on the latest technology LFDs in the regions. Early exposure to the latest display products is the driving factor for the growth of the market in the retail, transportation, and many other industries in North America. The market in APAC is expected to grow at the highest rate between 2017 and 2023 due to the presence of major display panel manufacturers and various brand product manufacturers in China, Japan, South Korea, Taiwan, and Hong Kong. Newer and high-cost displays, such as OLED and fine-pixel LED, are expected to grow at a higher rate in North America, whereas low-cost displays such as LCD and large-pixel LED are expected to witness a higher growth rate in APAC and RoW.

Extensive primary interviews have been conducted with key people in the industry to determine and verify the market size of several segments and subsegments that were gathered through secondary research. The breakup of the primary participants has been shown below:
• By Company Size: Tier I – 35 %, Tier II – 25%, and Tier III – 40%
• By Designation Level: C Level – 20%, D Level – 55%, and Others – 25%
• By Region: North America – 25%, APAC – 55%, Europe – 15%, and ROW – 5%
The report also profiles the key players in the display market. The prominent players profiled in this report are 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), AU Optronics Corp. (Taiwan), and E Ink Holdings Inc. (Taiwan).

Research Coverage:
This research report categorizes the market by offering; display type, technology, and size; brightness level, vertical, application, and geography. The report also discusses major drivers, restraints, challenges, and opportunities for the market. Key players have been strategically profiled across the value chain.

Key Benefits of Buying the Report:
The report will help leaders/new entrants in this market in the following ways:
1. This report segments the LFD market comprehensively and provides the closest market size estimation for major display technologies across various verticals, applications, and regions.
2. The report will allow stakeholders to understand the pulse of the market by providing information on drivers, restraints, challenges, and opportunities for the market.
3. This report will help stakeholders better understand their competitors and gain insights on ways to improve their position in the business. The competitive landscape section includes the competitor ecosystem, new product developments, partnerships, and mergers and acquisitions.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • STUDY SCOPE
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • PACKAGE SIZE
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • LFD MARKET: SCOPE DEFINITION
    • RESEARCH DATA
      • Table LIST OF MAJOR SECONDARY SOURCES
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES FOR THE GROWTH OF THE LARGE FORMAT DISPLAY MARKET
    • REQUIREMENT OF CONSULTING AND OTHER SERVICES EXPECTED TO INCREASE DURING THE FORECAST PERIOD
    • DIRECT-VIEW FINE-PIXEL LED DISPLAYS EXPECTED TO GROW AT THE HIGHEST RATE IN THE OVERALL LFD MARKET
    • VIDEO WALL DISPLAY TYPE IN THE LFD MARKET EXPECTED TO GROW AT THE HIGHEST RATE
    • DIRECT-VIEW FINE-PIXEL LED TECHNOLOGY IN THE LFD VIDEO WALL MARKET EXPECTED TO GROW AT THE HIGHEST RATE
    • LFDS WITH BRIGHTNESS RANGE OF 1001-2000 NITS EXPECTED TO GROW AT THE HIGHEST RATE
    • INFRASTRUCTURAL INDUSTRIES AMONG VERTICALS AND APAC AMONG REGIONS EXPECTED TO WITNESS THE HIGHEST GROWTH RATE
    • LFD IN INDOOR APPLICATION EXPECTED TO GROW AT THE HIGHEST RATE
    • LFD IN SPORTS AND ENTERTAINMENT INDUSTRY EXPECTED TO GROW AT THE HIGHEST RATE
  • MARKET OVERVIEW
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
    • VALUE CHAIN ANALYSIS
  • LFD MARKET, BY OFFERING
    • INTRODUCTION
      • Table LFD MARKET SIZE, BY OFFERING, 2014-2023 (USD MILLION)
    • DISPLAYS
    • CONTROLLERS, MOUNTS, AND OTHER ACCESSORIES
    • CONSULTING AND OTHER SERVICES
  • LFD MARKET, BY DISPLAY TYPE, TECHNOLOGY, AND SIZE
    • INTRODUCTION
      • Table LFD MARKET SIZE, BY DISPLAY TYPE, 2014-2023 (USD BILLION)
      • Table LFD MARKET SIZE, BY DISPLAY TECHNOLOGY, 2014-2023 (THOUSAND UNITS)
      • Table LFD MARKET SIZE, BY DISPLAY TECHNOLOGY, 2014-2023 (USD BILLION)
    • VIDEO WALL
      • Table VIDEO WALL MARKET SIZE, BY DISPLAY TECHNOLOGY, 2014-2023 (USD BILLION)
      • DISPLAY TECHNOLOGY
        • Table LFD MARKET SIZE FOR NARROW BEZEL LED-BACKLIT LCD-BASED VIDEO WALL, BY DISPLAY BRIGHTNESS RANGE, 2014-2023 (USD MILLION)
        • Table LFD MARKET SIZE FOR NARROW BEZEL LED-BACKLIT LCD-BASED VIDEO WALL, BY VERTICAL, 2014-2023 (USD MILLION)
        • Table LFD MARKET SIZE FOR NARROW BEZEL LED-BACKLIT LCD-BASED VIDEO WALL FOR COMMERCIAL VERTICAL, BY TYPE, 2014-2023 (USD MILLION)
        • Table LFD MARKET SIZE FOR NARROW BEZEL LED-BACKLIT LCD-BASED VIDEO WALL FOR INFRASTRUCTURAL VERTICAL, BY TYPE, 2014-2023 (USD MILLION)
        • Table LFD MARKET SIZE FOR NARROW BEZEL LED-BACKLIT LCD-BASED VIDEO WALL, BY REGION, 2014-2023 (USD MILLION)
        • Table LFD MARKET SIZE FOR OLED-BASED VIDEO WALL, BY REGION, 2014-2023 (USD MILLION)
        • Table LFD MARKET SIZE FOR FINE-PIXEL LED-BASED VIDEO WALL, BY DISPLAY BRIGHTNESS RANGE, 2014-2023 (USD MILLION)
        • Table LFD MARKET SIZE FOR FINE-PIXEL LED-BASED VIDEO WALL, BY VERTICAL, 2014-2023 (USD MILLION)
        • Table LFD MARKET SIZE FOR FINE-PIXEL LED-BASED VIDEO WALL FOR COMMERCIAL VERTICAL, BY TYPE, 2014-2023 (USD MILLION)
        • Table LFD MARKET SIZE FOR FINE-PIXEL LED-BASED VIDEO WALL FOR INFRASTRUCTURAL VERTICAL, BY TYPE, 2014-2023 (USD MILLION)
        • Table LFD MARKET SIZE FOR FINE-PIXEL LED-BASED VIDEO WALL, BY REGION, 2014-2023 (USD MILLION)
        • Table LFD MARKET SIZE FOR LARGE-PIXEL LED-BASED VIDEO WALL, BY DISPLAY BRIGHTNESS RANGE, 2014-2023 (USD MILLION)
        • Table LFD MARKET SIZE FOR LARGE-PIXEL LED-BASED VIDEO WALL FOR INDUSTRY VERTICAL, BY TYPE, 2014-2023 (USD MILLION)
        • Table LFD MARKET SIZE FOR LARGE-PIXEL LED-BASED VIDEO WALL FOR COMMERCIAL VERTICAL, BY TYPE, 2014-2023 (USD MILLION)
        • Table LFD MARKET SIZE FOR LARGE-PIXEL LED-BASED VIDEO WALL FOR INFRASTRUCTURAL VERTICAL, BY TYPE, 2014-2023 (USD MILLION)
        • Table LFD MARKET SIZE FOR LARGE-PIXEL LED-BASED VIDEO WALL, BY REGION, 2014-2023 (USD MILLION)
        • Table LFD MARKET SIZE FOR PROJECTION CUBE-BASED VIDEO WALL, BY DISPLAY BRIGHTNESS RANGE, 2014-2023 (USD MILLION)
    • STANDALONE DISPLAY
      • Table STANDALONE DISPLAY MARKET SIZE, BY DISPLAY TECHNOLOGY, 2014-2023 (USD MILLION)
      • DISPLAY TECHNOLOGY
        • Table LFD MARKET SIZE FOR LED-BACKLIT LCD-BASED STANDALONE DISPLAY, BY DISPLAY BRIGHTNESS RANGE, 2014-2023 (USD MILLION)
        • Table LFD MARKET SIZE FOR LED-BACKLIT LCD-BASED STANDALONE DISPLAY, BY REGION, 2014-2023 (USD MILLION)
        • Table LFD MARKET SIZE FOR OLED-BASED STANDALONE DISPLAY, BY REGION, 2014-2023 (USD MILLION)
      • DISPLAY SIZE
        • Table LFD MARKET SIZE FOR STANDALONE DISPLAYS, BY DISPLAY SIZE, 2014-2023 (USD MILLION)
  • LFD MARKET, BY DISPLAY BRIGHTNESS
    • INTRODUCTION
      • Table LFD MARKET SIZE, BY DISPLAY BRIGHTNESS RANGE, 2014-2023 (USD BILLION)
    • UP TO 500 NITS
      • Table LFD MARKET SIZE FOR 0-500 NITS, BY DISPLAY TECHNOLOGY, 2014-2023 (USD MILLION)
    • 501-1000 NITS
      • Table LFD MARKET SIZE FOR 501-1000 NITS, BY DISPLAY TECHNOLOGY, 2014-2023 (USD MILLION)
    • 1001-2000 NITS
      • Table LFD MARKET SIZE FOR 1001-2000 NITS, BY DISPLAY TECHNOLOGY, 2014-2023 (USD MILLION)
    • 2001-3000 NITS
      • Table LFD MARKET SIZE FOR 2001-3000 NITS, BY DISPLAY TECHNOLOGY, 2014-2023 (USD MILLION)
    • MORE THAN 3000 NITS
      • Table LFD MARKET SIZE FOR MORE THAN 3000 NITS, BY DISPLAY TECHNOLOGY, 2014-2023 (USD MILLION)
  • LFD MARKET, BY APPLICATION
    • INTRODUCTION
      • Table LFD MARKET SIZE, BY APPLICATION, 2014-2023 (USD BILLION)
    • INDOOR
      • Table LFD MARKET SIZE FOR INDOOR APPLICATION, BY DISPLAY TECHNOLOGY, 2014-2023 (USD MILLION)
    • OUTDOOR
      • Table LFD MARKET SIZE FOR OUTDOOR APPLICATION, BY DISPLAY TECHNOLOGY, 2014-2023 (USD MILLION)
  • LFD MARKET, BY VERTICAL
    • INTRODUCTION
      • Table LFD MARKET SIZE, BY VERTICAL, 2014-2023 (USD BILLION)
    • COMMERCIAL
      • Table LFD MARKET SIZE FOR COMMERCIAL VERTICAL, BY TYPE, 2014-2023 (USD BILLION)
      • Table LFD MARKET SIZE FOR COMMERCIAL VERTICAL, BY DISPLAY TECHNOLOGY, 2014-2023 (USD MILLION)
      • RETAIL
        • Table LFD MARKET SIZE FOR RETAIL, BY DISPLAY TECHNOLOGY, 2014-2023 (USD MILLION)
      • GOVERNMENT, AND COMMAND AND CONTROL CENTERS
        • Table LFD MARKET SIZE FOR GOVERNMENT, AND COMMAND AND CONTROL CENTERS, BY DISPLAY TECHNOLOGY, 2014-2023 (USD MILLION)
      • CORPORATE AND BROADCAST
        • Table LFD MARKET SIZE FOR CORPORATE AND BROADCAST, BY DISPLAY TECHNOLOGY, 2014-2023 (USD MILLION)
      • HOSPITALITY
        • Table LFD MARKET SIZE FOR HOSPITALITY, BY DISPLAY TECHNOLOGY, 2014-2023 (USD MILLION)
      • HEALTHCARE
        • Table LFD MARKET SIZE FOR HEALTHCARE, BY DISPLAY TECHNOLOGY, 2014-2023 (USD MILLION)
    • INFRASTRUCTURAL
      • Table LFD MARKET SIZE FOR INFRASTRUCTURAL VERTICAL, BY TYPE, 2014-2023 (USD BILLION)
      • Table LFD MARKET SIZE FOR INFRASTRUCTURAL VERTICAL, BY DISPLAY TECHNOLOGY, 2014-2023 (USD MILLION)
      • SPORTS AND ENTERTAINMENT
        • Table LFD MARKET SIZE FOR SPORTS AND ENTERTAINMENT, BY DISPLAY TECHNOLOGY, 2014-2023 (USD MILLION)
      • TRANSPORTATION AND PUBLIC PLACES
        • Table LFD MARKET SIZE FOR TRANSPORTATION AND PUBLIC PLACES, BY DISPLAY TECHNOLOGY, 2014-2023 (USD MILLION)
    • INSTITUTIONAL
      • Table LFD MARKET SIZE FOR INSTITUTIONAL VERTICAL, BY TYPE, 2014-2023 (USD MILLION)
      • Table LFD MARKET SIZE FOR INSTITUTIONAL VERTICAL, BY DISPLAY TECHNOLOGY, 2014-2023 (USD MILLION)
      • EDUCATION
        • Table LFD MARKET SIZE FOR EDUCATION, BY DISPLAY TECHNOLOGY, 2014-2023 (USD MILLION)
      • BANKING, FINANCIAL SERVICES, AND INSURANCE (BFSI)
        • Table LFD MARKET SIZE FOR BFSI, BY DISPLAY TECHNOLOGY, 2014-2023 (USD MILLION)
    • INDUSTRIAL
      • Table LFD MARKET SIZE FOR INDUSTRIAL VERTICAL, BY DISPLAY TECHNOLOGY, 2014-2023 (USD MILLION)
  • GEOGRAPHICAL ANALYSIS
    • INTRODUCTION
      • Table LFD MARKET SIZE, BY REGION, 2014-2023 (USD BILLION)
    • NORTH AMERICA
      • Table LFD MARKET IN NORTH AMERICA, BY DISPLAY TECHNOLOGY, 2014-2023 (USD MILLION)
      • Table LFD MARKET SIZE IN NORTH AMERICA, BY COUNTRY, 2014-2023 (USD MILLION)
      • US
      • CANADA
      • MEXICO
    • EUROPE
      • Table LFD MARKET IN EUROPE, BY DISPLAY TECHNOLOGY, 2014-2023 (USD MILLION)
      • Table LFD MARKET SIZE IN EUROPE, BY COUNTRY, 2014-2023 (USD MILLION)
      • UK
      • GERMANY
      • FRANCE
      • ITALY
      • SPAIN
      • REST OF EUROPE
    • APAC
      • Table LFD MARKET IN APAC, BY DISPLAY TECHNOLOGY, 2014-2023 (USD MILLION)
      • Table LFD MARKET SIZE IN APAC, BY COUNTRY, 2014-2023 (USD MILLION)
      • CHINA
      • JAPAN
      • SOUTH KOREA
      • INDIA
      • AUSTRALIA
      • REST OF APAC
    • ROW
      • Table LFD MARKET IN ROW, BY DISPLAY TECHNOLOGY, 2014-2023 (USD MILLION)
      • Table LFD MARKET SIZE IN ROW, BY REGION, 2014-2023 (USD MILLION)
      • MIDDLE EAST
      • AFRICA
      • SOUTH AMERICA
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • MARKET RANKING ANALYSIS: LFD MARKET, 2017
      • Table KEY PLAYER MARKET RANKING, 2016
    • VENDOR DIVE OVERVIEW
      • VANGUARDS
      • DYNAMIC
      • INNOVATORS
      • EMERGING
    • BUSINESS STRATEGIES ADOPTED BY MAJOR PLAYERS IN THE LFD MARKET (25 COMPANIES)
    • PARAMETERS OF PRODUCT OFFERINGS OF MAJOR PLAYERS IN LFD MARKET (25 COMPANIES)
  • COMPANY PROFILES
    • INTRODUCTION
    • SAMSUNG ELECTRONICS CO., LTD
      • BUSINESS OVERVIEW
      • PRODUCT OFFERINGS
      • BUSINESS STRATEGIES
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • LG DISPLAY CO., LTD.
      • BUSINESS OVERVIEW
      • PRODUCT OFFERINGS
      • BUSINESS STRATEGIES
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • NEC CORP.
      • BUSINESS OVERVIEW
      • PRODUCT OFFERINGS
      • BUSINESS STRATEGIES
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • SHARP CORP. (FOXCONN)
      • BUSINESS OVERVIEW
      • PRODUCT OFFERINGS
      • BUSINESS STRATEGIES
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • LEYARD OPTOELECTRONIC CO., LTD.
      • BUSINESS OVERVIEW
      • PRODUCT OFFERINGS
      • BUSINESS STRATEGIES
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • BARCO NV
      • BUSINESS OVERVIEW
      • PRODUCT OFFERINGS
      • BUSINESS STRATEGIES
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • SONY CORP.
      • BUSINESS OVERVIEW
      • PRODUCT OFFERINGS
      • BUSINESS STRATEGIES
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • TPV TECHNOLOGY LTD.
      • BUSINESS OVERVIEW
      • PRODUCT OFFERINGS
      • BUSINESS STRATEGIES
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • E INK HOLDINGS, INC.
      • BUSINESS OVERVIEW
      • PRODUCT OFFERINGS
      • BUSINESS STRATEGIES
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • AU OPTRONICS CORP.
      • BUSINESS OVERVIEW
      • PRODUCT OFFERINGS
      • BUSINESS STRATEGIES
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • KEY INNOVATORS
      • DEEPSKY CORP. LTD. (HONG KONG)
      • EYEVIS (GERMANY)
      • VTRON GROUP CO., LTD. (CHINA)
      • AOTO ELECTRONICS CO., LTD. (CHINA)
      • SHENZHEN UNILUMIN GROUP CO., LTD. (CHINA)
  • APPENDIX
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATION
    • RELATED REPORTS
    • AUTHOR DETAILS

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