NEW YORK , July 27, 2022 /PRNewswire/ -- The commercial large format display signage market size is expected to grow by USD 2.90 billion from 2021 to 2026, at a CAGR of 4.82% as per the latest market report by Technavio. 33% of the market's growth will originate from North America during the forecast period. The US is the key market for commercial large format display signage in North America . However, market growth in this region will be slower than the market growth in other regions. The significant increase in investments in R&D by large players and the presence of a proper regulatory framework for providing optimum quality LFDs will facilitate the commercial large format display signage market growth in North America over the forecast period.
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Commercial Large Format Display Signage Market: Vendor Analysis
The commercial large format display signage market is fragmented and the vendors are deploying growth strategies such as technological innovations to compete in the market. The commercial large format display signage market report also offers information on several market vendors, including AU Optronics Corp., Barco NV, Daktronics Inc., Deepsky Corp. Ltd., Delta Electronics Inc., Hyundai IT Co. Ltd., LG Electronics Inc., Mitsubishi Electric Corp., Panasonic Corp., Planar Systems Inc., Qisda Corp., Retop LED Display Co. Ltd., Samsung Electronics Co. Ltd., Sharp Corp., Shenzhen AOTO Electronics Co. Ltd., Sony Group Corp., TPV Technology Co. Ltd., Vtron Group Co. Ltd., YFY Inc., and Zhejiang Dahua Technology Co. Ltd. among others.
Few companies with key offerings -
AU Optronics Corp. - The company offers commercial large format display signage such as Smart Shelf Display, Stretched Display, UHD Super Slim Signage, Open Frame Display, Window Facing Digital Signage, and LED Video Wall.
Barco NV - The company offers commercial large format display signage such as Barco UniSee 500, OverView LVD 5521C, OverView KVD 5521C, XT0.9 Q, XT0.9, XT1.2, XT1.5, and XT1.2 E.
Daktronics Inc. - The company offers commercial large format display signage such as Outdoor and Indoor LED Video Displays, Freeform LED Displays and MediaMesh Displays.
LG Electronics Inc - The company offers commercial large format display signage such as LED Backlit Displays, Stretched Displays, and Touch Screen Displays.
Mitsubishi Electric Corp - The company offers commercial large format display signage such as Diamond Vision display which features Real Black LED, Wide Viewing Angle, and High Contrast.
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Read the 120-page report with TOC on "Commercial Large Format Display Signage Market Analysis Report by Application (Indoor and Outdoor) and Geography (North America , APAC, Europe , Middle East , and Africa , and South America ), and the Segment Forecasts,2022-2026". Gain competitive intelligence about market leaders. Track key industry opportunities, trends, and threats. Information on marketing, brand, strategy and market development, sales, and supply functions. https://www.technavio.com/report/report/commercial-large-format-display-signage-market-industry-analysis
Commercial Large Format Display Signage Market: Market Dynamics
Drivers & Trends - The commercial large format display signage market is driven by the advent of direct-view LED displays. In addition, the growing popularity of VR and 360 video content is anticipated to boost the growth of the commercial large format display signage market.
Challenges - The key challenge to the global commercial large format display signage market growth is the growing popularity of digital marketing.
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Commercial Large Format Display Signage Market: Segmentation Analysis
Application Outlook (Revenue, USD billion, 2021-2026)
Indoor - size and forecast 2021-2026
Outdoor - size and forecast 2021-2026
Geography Outlook (Revenue, USD billion, 2021-2026)
North America - size and forecast 2021-2026
APAC - size and forecast 2021-2026
Europe - size and forecast 2021-2026
The Middle East and Africa - size and forecast 2021-2026
South America - size and forecast 2021-2026
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Get ready to achieve excellent business outcomes from this exclusive Commercial Large Format Display Signage Market report by Technavio. The report will include highlights of the overall market which includes frequently asked questions such as -
What are historical revenue figures and estimated revenue figures as well as CAGR during the forecast timeframe?
What is the current trend taking place in the market space?
Which are business tactics that will influence competitive scenarios along with defining the growth potential of the market?
What are market drivers, restraints, and challenges impacting demand & growth of the market?
Which regions & segments will garner massive revenue and emerge as market leaders in upcoming years?
The competitive scenario provided in the Commercial Large Format Display Signage Market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc. Don't wait, Make a strategic approach & boost your business goals with our Commercial Large Format Display Signage Market Forecast Report - Buy Now!
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Commercial Large Format Display Signage Market Scope
Accelerate at a CAGR of 4.82%
North America, APAC, Europe, Middle East, Africa, and South America
US, Japan, China, Germany, and the UK
Leading companies, competitive strategies, consumer engagement scope
AU Optronics Corp., Barco NV, Daktronics Inc., Deepsky Corp. Ltd., Delta Electronics Inc., Hyundai IT Co. Ltd., LG Electronics Inc., Mitsubishi Electric Corp., Panasonic Corp., Planar Systems Inc., Qisda Corp., Retop LED Display Co. Ltd., Samsung Electronics Co. Ltd., Sharp Corp., Shenzhen AOTO Electronics Co. Ltd., Sony Group Corp., TPV Technology Co. Ltd., Vtron Group Co. Ltd., YFY Inc., and Zhejiang Dahua Technology Co. Ltd.
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period,
If our report has not included the data you are looking for, you can reach out to our analysts and get customized segments.
3.4 Market outlook: Forecast for 2021-2026
5.3 Indoor - Market size and forecast 2021-2026
5.4 Outdoor - Market size and forecast 2021-2026
7.3 North America - Market size and forecast 2021-2026
7.4 APAC - Market size and forecast 2021-2026
7.5 Europe - Market size and forecast 2021-2026
7.6 Middle East and Africa - Market size and forecast 2021-2026
7.7 South America - Market size and forecast 2021-2026
7.8 US - Market size and forecast 2021-2026
7.9 Japan - Market size and forecast 2021-2026
7.10 Germany - Market size and forecast 2021-2026
7.11 China - Market size and forecast 2021-2026
7.12 UK - Market size and forecast 2021-2026
8.3 Impact of drivers and challenges
10.11 Shenzhen AOTO Electronics Co. Ltd.
11.3 Currency conversion rates for US$
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
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