Product ID: SQMIG45B2112
Report ID:
SQMIG45B2112 |
Region:
Global |
Published Date: February, 2024
Pages:
165
|
Tables:
154 |
Figures:
78
Display Market Driver
Increasing use of LED displays for video walls, TVs, and digital signage applications:
LED technology is using light emitting diodes as light sources to create lighting, displays, and other more applications. It is employed in various applications that include mobile devices, TVs, video walls, and digital billboards. LED Display has come up as the most used display approach across a variety of applications and enjoys a big slice of the pie as far as other display technologies are concerned. Even though the industry of LED display had gone through the stable development period in the past years, the advancement of innovation still seems to be a very slow process. Nevertheless, not so long ago, the miniaturization of the components needed to create an LED screen was the last of the breakthroughs. This movement had a great impact on the emergence of LED screens that became so thin and expanded to the greatest sizes to make them applicable on any surface and in any place, indoors and outdoors.
Growing Adoption of OLED and Micro LED Technologies:
These newly emerged technologies are characterized by better image quality, low power consumption and versatile design, and therefore the number of display applications that use them is growing rapidly, like smartphones, televisions and wearable devices.
Display Market Restraint
Decline in demand for displays in retail sector due to drastic shift toward online advertisement and shopping:
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Product ID: SQMIG45B2112