DUBLIN--(BUSINESS WIRE)--ResearchAndMarkets.com has added the "North American Fine Pixel Pitch LED Display Market Forecast to 2028" report.

The North American fine pixel pitch LED display market is expected to reach US$1.32302 million in 2028 from US$40765 million in 2021. It is estimated that the compound annual growth rate of this market from 2021 to 2028 is 18.3%.

North America is one of the leading regions in the development and adoption of new technologies; this is mainly due to favorable government policies that promote innovation and strengthen infrastructure capabilities. Therefore, any impact on the growth of the industrial sector will hinder economic growth in the region. Currently, due to the COVID-19 outbreak, the United States is the most affected country in the world.

The increase in spending on digital display advertising and outdoor advertising by most major brands in the United States and Canada is a key factor driving the growth of fine-pitch LED displays in the region. Market participants in North America are also open to critical supply and supply chains.

However, the lockdown and closure measures have slowed down the production of fine pixel pitch LED displays. As a result, the limited availability of labor and the suspension of various operations have resulted in significant losses in the North American fine pixel pitch LED display market.

The North American fine pixel pitch LED display market is segmented according to type and application. According to the type, the market is segmented into 1-2 mm and 3 mm. In terms of applications, the market is divided into broadcast screens, digital signage, control rooms and monitoring, visualization and simulation. In 2020, the 2mm to 1mm market segment will occupy the largest share of the fine pixel pitch LED display market in North America. The application-based control room and monitoring segment will occupy the largest market share in 2020.

Christie Digital Systems; Daktronics; Riyadh; Nanolumens; PixelFLEX; Sharp NEC Display Solutions of America, Inc; Shenzhen Aisen Optoelectronics Co., Ltd.; Shenzhen Alto Electronics; SiliconCore Technology Inc; One of the leading companies in the LED display market.

These companies focus on adopting organic growth strategies, such as product launches and expansion, to maintain their position in dynamic markets.

For more information about this report, please visit https://www.researchandmarkets.com/r/gm7af9

ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com US Eastern Time Office Hours Call 1-917-300-0470 US/Canada Toll Free 1-800-526-8630 GMT Office Hours Call 353-1-416-8900

ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com US Eastern Time Office Hours Call 1-917-300-0470 US/Canada Toll Free 1-800-526-8630 GMT Office Hours Call 353-1-416-8900