Flexible Led Panel Market Scope
Flexible Led Panel is a flexible panel display that uses an array of light-emitting diodes as pixels for a video display. Their brightness allows them to be used outdoors where they are visible in the sun for store signs and billboards. LED flexible panel special-shaped screens have been used in stage performances, fashion shows, TV stations, banks, plazas, shopping malls, hotels, KTVs, bars, etc., achieving quite a few effects beyond the reach of conventional led video display.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | BTF-Lighting (China), DLC LumiSheet (Canada), Heilux (United States), Lemac (Australia), Pololu (United States), PixelFLEX (United States), Panny Hire (United Kingdom) and Sunny Lights (India) |
CAGR | 14.7% |
Despite the presence of competition and brand effect problems, due to the awareness of end-users and their demand for high end products, investors are still optimistic about this area. There will be more new investors entering into this industry in the future. The manufacturers who want to occupy the market must depend on market mechanism reform, manufacturing equipment innovation, core technology improvement and brand establishment. Research Analyst at AMA estimates that United States Manufacturers will contribute to the maximum growth of Global Flexible Led Panel market throughout the predicted period.
BTF-Lighting (China), DLC LumiSheet (Canada), Heilux (United States), Lemac (Australia), Pololu (United States), PixelFLEX (United States), Panny Hire (United Kingdom) and Sunny Lights (India) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Flexible Led Panel market by Type , by Application (City Lightning Engineering, Entertainment & Leisure Places and Household Use) and Region with country level break-up.
On the basis of geography, the market of Flexible Led Panel 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).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In November 2023, John Antel, a leading manufacturer of flexible LED displays, acquired smaller competitor FlexDisplay Solutions. This expands John Antel's product portfolio and strengthens its position in the flexible LED panel market.
In December 2023, Samsung Display and John Deere partnered to develop flexible LED displays for agricultural equipment. This could revolutionize how farmers monitor and manage their crops, with real-time data displayed directly on tractors and other machinery.
Influencing Trend:
Innovative Power Technologies in Flexible Led Panel
Market Growth Drivers:
High Growth of Consumer Goods and Growing Demand in Shows, Shopping Mall and Functions
Challenges:
Availability of Cheap Substitutes
Restraints:
Complex Manufacturing Process of Flexible Led Panel
Opportunities:
Emerging Applications of Flexible Led Panel and Manufacturing of Flexible Led Panel on Large Scale
Key Target Audience
Industry Investors, Manufacturers, End User Industries, Traders, Distributors, and Suppliers, Government and Research Organizations and Associations and Industry Bodies