About Large Screen Splicing System
Large Screen Splicing is basically a technology which enables fusion of multi-screen images using multiple display screens. This technology is widely used for commercial advertisement as well as for security or surveillance monitoring and other related purposes. The display technology involved in large screen splicing involves LCD, LED, DLP, and others. Innovations in technology, such as emergence of LED and MicroLED has led to minimized slicing gap between the LED screens. The growth of the large screen splicing market is expected to be driven by advancement in display technology and growing demand for consumer electronics. North America is currently expected to emerge as the biggest market of large screen splicing.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 8.0% |
The key manufacturers are targeting the innovations of the products with better quality, and better technical characteristics, and also assist in providing and humanizing the after-sale service to the consumers. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking about mergers and acquisitions to maintain their presence in the market Analyst at AMA Research estimates that Global Players will contribute the maximum growth to Global Large Screen Splicing System market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Samsung Group (South Korea), LG Electronics Inc. (South Korea), Sony Corporation (Japan), Delta Electronics, Inc. (Taiwan), Christie Digital Systems USA, Inc. (United States), NEC Corporation (Japan), Koninklijke Philips N.V. (Netherlands), Daktronics (United States), Zhejiang Dahua Technology Co., Ltd. (China), Barco NV (Belgium), Beijing BOE Display Technology Co., Ltd. (China) and Zhejiang Uniview Technologies Co., Ltd. (China) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Large Screen Splicing System market by Type (LCD Display, DLP Display, LED Display and Others), Application (Indoor and Outdoor) and Region.
On the basis of geography, the market of Large Screen Splicing System has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Direct will boost the Large Screen Splicing System market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End Use, the sub-segment i.e. Security Monitoring will boost the Large Screen Splicing System market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
LED Display Technology is Steadily Rising in Popularity
Market Growth Drivers:
Advancement in Technology and Growth of Consumer Electronics Market
Challenges:
Rising Competition due to Emergence of Cheaper Chinese Alternatives
Restraints:
Complexity in Developing or Manufacturing Display Technology
Opportunities:
MicroLED is emerging as a Possible Successor of LED Technology
Market Leaders and their expansionary development strategies
In November 2023, Barco launched the PDS-4K series of LED video wall processors, offering advanced processing capabilities for high-resolution and complex splicing systems.
In 2021, Samsung Group, the multinational South Korean Electronics giant has announced debut of its new products namely Neo QLED, and MICRO LED TVs. The Samsung also unveiled its quantum mini led technology which will be powered by neo quantum processors. The introduction of this technologies will revolutionize the coming era of display technology as well as benefit other electronic offerings from Samsung.
Key Target Audience
Large Screen Splicing Manufacturers, Suppliers and Distributors, Component Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.