About LED Monitors
Led display is a screen display technology that emits visible light when an electric current passes through it. A large number of electronics device both large and small use LED display screen for interaction between the user and the system. Electronics devices such as mobile phones, computer, TVs, tablet, monitor, laptop screen uses LED display for their output display.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global LED Monitors market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
LG Electronics (South Korea), AsusTek Computer Inc. (Taiwan), Acer Inc. (Taiwan), Dell (United States), Samsung (South Korea), Hewlett-Packard (United States), Toshiba Corporation (Japan) and Panasonic Corporation (Japan) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Barco N.V. (Belgium) and Daktronics, Inc. (United States).
Segmentation Overview
AMA Research has segmented the market of Global LED Monitors market by Type (Surface mounted LED Displays and Conventional LED Displays), Application (Digital Signage and Backlighting) and Region.
On the basis of geography, the market of LED Monitors 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).
Influencing Trend:
Rising Corporate Exhibitions, Sports Competitions and Live Concert
Market Growth Drivers:
Increasing Adoption of OLED Display in Smartphones and High Demand for High Demand for Flexible Display Panel and Rise In Demand for LED Displays In Outdoor Advertisements
Challenges:
Fluctuating Price of Display Panels and Complex Supply Chain and Manufacturing Processes
Restraints:
High Initial Cost of LED displays
Opportunities:
Emerging Display Technologies Micro-LED and True Quantum Dot
Market Leaders and their expansionary development strategies
In May 2021, Nanosys, the industry pioneer and leading supplier of quantum dot light emitting materials and technology, has acquired glō, the leading technology company for microLED displays. The transaction significantly expands Nanosys’ capabilities and technology offerings, accelerating the company’s development and progress toward the widespread adoption of microLED and nanoLED display technology for future displays.
In November 2022, Elista, an Indian consumer electronics brand has launched of a new LED monitor series in the country. The ELS V22HD, ELS V21HD and ELS V1900HD are designed for modern-day users who are looking for functionality and convenience at the same time, claims the company. The new range is available in 21.5-inch, 20-inch and 18.5-inch screen sizes, to cater different requirements of the consumers and it is available at a starting price of Rs 7,999.
Key Target Audience
Display Material and Component Suppliers, Brand Manufacturers/Original Equipment Manufacturers (Oems), Display Panel Manufacturers, System Integrators, Display Technology Developers, Consulting and Market Research Service Providers, Display and Material-Related Associations, Organizations, Forums, and Alliances, Government Bodies Such As Regulatory Authorities and Policymakers, Venture Capitalists and Start-Ups, Research Institutes and Educational Institutes and Manufacturing Equipment Providers
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.