Global Video Wall Industrial Display Market, By Technology (LCD, LED, OLED, E-Paper Display), Panel Size (Up to 14", 14–21", 21 –40", 40" and above), Applications (HMI, Remote Monitoring, Interactive Display (Kiosk), Digital Signage, imaging), Verticals (Manufacturing, Energy & Power, Chemicals, Oil & Gas, Metals & Mining, Transportation, Others) – Industry Trends and Forecast to 2029.
Video Wall Industrial Display Market Analysis and Size
Video wall industrial display technologies have undergone impressive changes and developments over the last few years. Attributing to next-generation and advanced features such as large mm pixel pitches, infinity scalability and sensible touch solutions, video wall displays are gaining more popularity and finding several applications in industries. In the ongoing era of digital technology, video wall displays find extensive adoption in advertising. These factors are creating beneficial opportunities for video wall industrial display manufacturers all over the globe during the forecast period.
Data Bridge Market Research analyses that the video wall industrial display market was valued at USD 2967.30 million in 2021 and is expected to reach USD 4729.43 million by 2029, registering a CAGR of 6.00% during the forecast period of 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Video Wall Industrial Display Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Technology (LCD, LED, OLED, E-Paper Display), Panel Size (Up to 14", 14–21", 21 –40", 40" and above), Applications (HMI, Remote Monitoring, Interactive Display (Kiosk), Digital Signage, imaging), Verticals (Manufacturing, Energy & Power, Chemicals, Oil & Gas, Metals & Mining, Transportation, Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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Samsung (South Korea), LG Display (South Korea)., Panasonic Corporation Co, Ltd (Japan), Japan Display Inc (Japan), AUO Corporation (Taiwan)., BOE Technology Group Co., Ltd (China), Corning Incorporated (U.S.), DuPont (U.S.), FlexEnable Limited (U.K.), Kateeva (U.S.), SONY INDIA (India), Pioneer Corporation (Japan), WiseChip Semiconductor Inc. (Taiwan), WINSTAR Display Co., Ltd. (China), Visionox Company (China), SHARP CORPORATION (Japan), Innolux Corporation (Taiwan), RAYSTAR OPTRONICS, INC, (Taiwan), RITEK CORPORATION (Taiwan), OSRAM GmbH (Germany), Plessey (U.K.)
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Market Opportunities
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Market Definition
A video wall industrial display is a multi-monitor large display which is consisting multiple displays. Video wall industrial displays are designed to offer high-resolution picture quality. It can work in harsh external conditions and release more light than a commercial level digital signature display.
Global Video Wall Industrial Display Market Dynamics
Drivers
- High usage of video wall industrial display in advertisements
Video walls industrial display are progressively being used in the application of advertisement. As large screens with high resolutions and brightness command the attention of consumers due to which increase the adoption of video walls continuously and are expected to drive the growth rate of the market.
- Rise in penetration towards internet of things
Increasing penetration of consumers towards internet connectivity with the growing demand for on-the-move information further influence the growth of the video wall industrial display market globally.
- Rising demand for flexible display
Flexible displays have witnessed tremendous growth over the past few years; whereas the primary technology included unbreakable video wall industrial displays, it has now transitioned to rollable and bendable displays. These are compact in size and consume less power which prolonging battery life. They include flexible FED, LED, OLED, and other displays. The rising demand form flexible video wall display increase the growth of the video wall industrial display market
Furthermore, technological progression for high specification display devices, increasing demand for HMI devices, rising adoption of LED, LCD and OLED displays, increasing adoption of internet of things are some of the major factors which are expected to drive the growth of the video wall industrial display market during the forecast period of 2022-2029.
Opportunities
- Surging new launches
Additionally, the surging product launches by market players further offer numerous growth opportunities within the market. For instance, For instance, Orlando International Airport installed a 700-display video wall which offers automatically updated flight information and cinematic video content at the automated people mover (APM) Grand Hall, curbside, check-in, in wayfinding locations throughout the APM and North Terminal. This aided to offer relevant visual content to the passengers.
- Increase in Demand from Consumer Electronics
Developments in nanotechnology and optoelectronics have transformed the video wall display technology. The environmental worries has increased the tremendous interest for energy efficient products among consumers. With spending less vitality the video walls industrial display is giving different features, for instance, high resolution, better presentation quality and improved backdrop illumination are given by cutting edge show advancements.
Moreover, rise the number of emerging new markets and growth in strategic collaborations will also act as market drivers and also increase the profitable opportunities for the market's growth rate.
Restraints/ Challenges
- High cost
The expensive cost of the raw materials which is utilized for the manufacturing of this display, more high-priced articles as associated with other display technologies and Upraised research and development expenses are projected to limit the demand of this display and obstruct the growth of this market during forecast period of 2022-2029.
Furthermore, designing equipment for outdoor applications in all weather conditions will also act as a challenge to the growth of the video wall industrial display market growth.
This video wall industrial display market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the video wall industrial display market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
COVID-19 Impact on Video Wall Industrial Display Market
The outbreak of covid-19 has been considerably hampered the video wall industrial display market. New projects all over the globe have slowed down, which have substantial affected the demand of video wall industrial display. Factories across the globe have struggled to assemble and manufacture new devices. Also, several warehouses cannot be transported marine industrial display due to stringent rules and regulations which has disrupted the global manufacturing and supply chains during the pandemic. The impact of COVID-19 on this market is temporary as just the supply chain and production is stalled. Once the condition becomes normal, the supply chains, demand and production for these products are progressively going to increase.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Global Video Wall Industrial Display Market Scope
The video wall industrial display market is segmented on the basis of technology, panel size, applications and verticals. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Technology
- LCD
- LED
- OLED
- E-Paper Display
Panel Size
- Up to 14"
- 14–21"
- 21 –40"
- 40" and above
Applications
- HMI
- Remote Monitoring
- Interactive Display (Kiosk)
- Digital Signage
- Imaging
Verticals
- Manufacturing
- Energy & Power
- Chemicals
- Oil & Gas
- Metals & Mining
- Transportation
- Others
Video Wall Industrial Display Market Regional Analysis/Insights
The video wall industrial display market is analysed and market size insights and trends are provided by country, technology, panel size, applications and verticals as referenced above.
The countries covered in the video wall industrial display market report U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
North America dominates the marine industrial display market in terms of revenue and market share. This is due to the growing adoption of HMIs and digital signage along with increasing investment in multi feature HMI device and internet of things technology in this region.
Asia-Pacific is expected to be the fastest developing region during the forecast period of 2022-2029 due to the power generation sector as well as development of the manufacturing sector in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Video Wall Industrial Display Market Share Analysis
The video wall industrial display market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to video wall industrial display market.
Some of the major players operating in the video wall industrial display market are:
- Samsung (South Korea)
- LG Display (South Korea)
- Panasonic Corporation Co, Ltd (Japan)
- Japan Display Inc (Japan)
- AUO Corporation (Taiwan)
- BOE Technology Group Co., Ltd (China)
- Corning Incorporated (U.S.)
- DuPont (U.S.)
- FlexEnable Limited (U.K.)
- Kateeva (U.S.)
- SONY INDIA (India)
- Pioneer Corporation (Japan)
- WiseChip Semiconductor Inc. (Taiwan)
- WINSTAR Display Co., Ltd. (China)
- Visionox Company (China)
- SHARP CORPORATION (Japan)
- Innolux Corporation (Taiwan)
- RAYSTAR OPTRONICS, INC, (Taiwan)
- RITEK CORPORATION (Taiwan)
- OSRAM GmbH (Germany)
- Plessey (U.K.)
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