Global Large Format Displays Market - Assessment Covering Growth Factors and Upcoming Trends by 2027
Two types of backlight technologies are currently deployed in the global large format display market – LED Backlit and CCFL. Of these, LED Backlit is the most preferred technology, being implemented across most large format display devices across the globe. In terms of value, the LED Backlit segment is expected to increase 2.2X during the forecast period.
[USPRwire, Wed Jan 16 2019] A new report titled “Global Large Format Displays Market - Assessment Covering Growth Factors and Upcoming Trends by 2027 End” has been included in the enormous research repository of Market Research Reports Search Engine (MRRSE) that compiles various facets of the Large Format Displays market at a global level portraying a holistic analysis of the marketplace along with intelligence on key participants. The report covers an unbiased analysis on various market aspects, emphasizing major trends giving direction to the market, key opportunities paving new growth avenues, key drivers pushing the market’s growth and challenges and restraints hindering the market for Large Format Displays across the globe.
Two types of backlight technologies are currently deployed in the global large format display market – LED Backlit and CCFL. Of these, LED Backlit is the most preferred technology, being implemented across most large format display devices across the globe. In terms of value, the LED Backlit segment is expected to increase 2.2X during the forecast period. From an estimated market valuation of about US$ 9.5 Bn in 2019, the LED Backlit segment is expected to reach a market value of more than US$ 20 Bn by 2027, registering a CAGR of 8.1% over the forecast period. In terms of value, the CCFL segment is expected to increase 1.2X during the forecast period. The LED Backlit segment is projected to register high Y-o-Y growth rates throughout the period of study.
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The report on the global large format display market is structured in a systematic manner to present a holistic view of the different sections based on market segmentation. The executive summary presents a quick snapshot of the global large format display market with a market overview and Persistence Market Research analysis and recommendations. The market introduction section defines the market and presents the market taxonomy. The market view point section highlights the macroeconomic factors impacting revenue growth and an opportunity analysis of the global large format display market. The next section presents the global large format display market forecast. This section includes an introduction to the global market, key regulations, market size and Y-o-Y growth, absolute $ opportunity analysis, and value chain analysis.
The next few sections provide a comprehensive forecast for the large format display market across the seven assessed regions. These sections include regional market dynamics (drivers, restraints, trends), historical and current market size analysis, impact analysis of drivers and restraints, regional market attractiveness analysis, and a market presence (intensity map) by region.
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A detailed competition profiling to help readers understand the current global market structure
One of the most important chapters in the report features the competitive landscape of the global large format display market. This section focuses on the global market structure, market share analysis, competition intensity mapping by market taxonomy, and a competition dashboard with details of the leading companies operating in the global large format display market. This section also includes company profiles of the top market players – highlighting the company and business overview, key financials, growth and expansion strategies, and recent market developments.
Key assumptions made during the course of the research
Yearly changes in inflation rates have not been considered while forecasting market numbers. The market of large format display includes large sized displays with enhanced features ideal for commercial and professional applications. Top-down approach has been used to assess market numbers for each product category while the bottom-up approach has been used to counter-validate the derived market estimations. Macroeconomic indicators such as GDP, wholesale and retail trade, merchandise trade, and prices have been considered to arrive at the indicated market numbers. Global economic fluctuations have been considered while forecasting market numbers.
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