Global Bar Type Display Market Overview:
The global bar type displays market is expected to grow at a healthy pace during the forecast period, according to the AMA study. The growing demand for horizontal & vertical display installations for different applications such as advertisement, installation at railway stations, airports, or metro stations are expected to be some of the major factors aiding into the growth for the market. However, the market is expected to witness a slight decline in the growth during the next few years but it is again expected to rise with a healthy pace after the COVID-19 pandemic is over.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Increasing Adoption of OLED & LED Displays
Market Growth Drivers:
Growing Demand for Horizontal & Vertical Installation of Displays Across Different Applications and Growing Demand from Transportation Sector Propelled by Rising Installation at Transportation Stations such as Metro Stations, Railway Stations,and Airports
Challenges:
Short Term Challenges for the Market Vendors Due to Shutting Down of Operations & Ongoing Construction Projects Across Different Parts of the World to Avoid the Outspread of COVID-19
Restraints:
High Cost of Product
Opportunities:
Opportunities in the Asia Pacific Region
Competitive Landscape:
The vendors in this market are majorly focusing on developing innovative products and solutions in order to cater to the market's demands to remain competitive in the global market. According to the recent global industry crisis due to outbreak of COVID-19 is expected to be one of the major challenges for the vendors of this market as the production and markets of different industries have been shut down for an ambiguous period of time.
Some of the key players profiled in the report are RAYSTAR OPTRONICS, INC. , Samsung Display, LEADTEK (China), Sony Corporation (Japan), Litemax Electronics Inc. (Taiwan), BenQ (Taiwan), Winmate, Inc. (Taiwan) and LG Electronics (South Korea). Analyst at AMA Research see Taiwan Vendors to retain maximum share of Global Bar Type Display market by 2028. Considering Market by Size, the sub-segment i.e. Less than 28 Inches will boost the Bar Type Display market. Considering Market by Sales Channel, the sub-segment i.e. Online will boost the Bar Type Display market.
Latest Market Insights:
In May 2023, Samsung Electronics today announced the global launch of its full 2023 Smart Monitor lineup.1 The new M8, M7, and M5 Smart Monitors from Samsung enable users to tailor their monitors to their unique styles and needs, as they watch, play and work.
Stringent Worldwide Government Regulations Regarding Lockdown of Cities' & States' Organisational Operations Reducing the Adoption of Display Solutions
What Can be Explored with the Bar Type Display Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Bar Type Display Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Bar Type Display
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Bar Type Display market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Bar Type Display market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.