Direct View Light Emitting Diode Display Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region:

Description

The direct view light emitting diode (LED) display market is poised for remarkable growth in the coming decade, with projections indicating a substantial rise from $15.0 billion in 2024 to an impressive $50 billion by 2031. A comprehensive analysis by Fairfield Market Research sheds light on the key factors propelling this surge and the dynamics shaping the industry landscape.

Market Overview:

In 2023, the global direct view LED display industry amassed $13.9 billion, with indoor applications spearheading revenue generation. Fairfield Market Research forecasts a robust 19.0% Compound Annual Growth Rate (CAGR) through 2031, driven by escalating demand for high-resolution displays and a growing emphasis on energy efficiency.

Key Factors Driving Market Growth:

The escalating adoption of direct view LED displays in public facilities, coupled with the burgeoning demand for high-resolution screens, forms the cornerstone of market expansion. Moreover, the focus on energy conservation and the burgeoning popularity of digital signage underscore the significance of these displays in various applications.

Innovation in Product Offerings:

Direct view LED displays offer unparalleled advantages over traditional LCD panels, boasting brighter, high-contrast images and enhanced energy efficiency. This innovation has spurred their adoption in both indoor and outdoor environments, positioning them as the preferred choice for marketing and signage purposes.

Country-wise Analysis:

United States Market Dominance:

The United States direct view LED display market is forecasted to exceed $9 billion by 2031, exhibiting a robust CAGR of 15.1%. This growth is attributed to the widespread adoption of these displays across indoor and outdoor applications, coupled with continuous product innovation by industry leaders like ViewSonic Corp.

Demand Surge in China:

China's direct view LED display market is set to witness a staggering CAGR of 17.3%, reaching a valuation of $14.5 billion by 2031. The preference for these displays over alternative technologies and the presence of leading manufacturers, such as HikVision Digital Technology Co Ltd, underscore the region's growth trajectory.

Japan Market Dynamics:

Japan's direct view LED display market is poised to reach $9.0 billion by 2031, driven by rapid digitalization and the rising popularity of video walls. Notable contributions from companies like Sony Electronics Ltd, with their innovative crystal direct view LED display systems, further bolster market expansion.

Category-wise Insights:

Indoor Applications Driving Revenue:

The indoor segment continues to reign supreme, accounting for the lion's share of market revenue. With a projected CAGR of 15.6%, fueled by increased installations in corporate offices and educational institutions, the indoor segment remains a key growth driver for the market.

Competitive Analysis:

Key players in the direct view LED display market, including ViewSonic, LG, Sony, and Mitsubishi Electric, are engaged in a flurry of product launches and strategic partnerships to enhance their market presence. Continuous innovation and expansion initiatives underscore their commitment to meeting evolving customer demands.

Key Companies Profiled

Sharp
LG
SAMSUNG
Barco
Mitsubishi Electric
ViewSonic
Philips
Planar
LIGHTVU
HikVision
Unilumin Group
Absen
INFiLED
Sony
Leyard

Global Direct View Light Emitting Diode (LED) Display Market Segmentation:

By Pixel Pitch:

Less than 1mm
1-2.5 mm
Greater than 2.5 mm

By Application:

Indoor
Outdoor

By Region:

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

1. Executive Summary

1.1. Global Direct View Light Emitting Diode (LED) Display Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2023
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
- 2.7.1. World Economic Projections
2.8. PESTLE Analysis

3. Global Direct View Light Emitting Diode (LED) Display Market Outlook, 2018 - 2031

3.1. Global Direct View Light Emitting Diode (LED) Display Market Outlook, by Pixel Pitch, Value (US$ Bn), 2018 - 2031
- 3.1.1. Key Highlights
  - 3.1.1.1. Less than 1mm
  - 3.1.1.2. 1-2.5 mm
  - 3.1.1.3. Greater than 2.5 mm
3.2. Global Direct View Light Emitting Diode (LED) Display Market Outlook, by Application, Value (US$ Bn), 2018 - 2031
- 3.2.1. Key Highlights
  - 3.2.1.1. Indoor
  - 3.2.1.2. Outdoor
3.3. Global Direct View Light Emitting Diode (LED) Display Market Outlook, by Region, Value (US$ Bn), 2018 - 2031
- 3.3.1. Key Highlights
  - 3.3.1.1. North America
  - 3.3.1.2. Europe
  - 3.3.1.3. Asia Pacific
  - 3.3.1.4. Latin America
  - 3.3.1.5. Middle East & Africa

4. North America Direct View Light Emitting Diode (LED) Display Market Outlook, 2018 - 2031

4.1. North America Direct View Light Emitting Diode (LED) Display Market Outlook, by Pixel Pitch, Value (US$ Bn), 2018 - 2031
- 4.1.1. Key Highlights
  - 4.1.1.1. Less than 1mm
  - 4.1.1.2. 1-2.5 mm
  - 4.1.1.3. Greater than 2.5 mm
4.2. North America Direct View Light Emitting Diode (LED) Display Market Outlook, by Application, Value (US$ Bn), 2018 - 2031
- 4.2.1. Key Highlights
  - 4.2.1.1. Indoor
  - 4.2.1.2. Outdoor
4.3. North America Direct View Light Emitting Diode (LED) Display Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
- 4.3.1. Key Highlights
  - 4.3.1.1. U.S. Direct View Light Emitting Diode (LED) Display Market by Pixel Pitch, Value (US$ Bn), 2018 - 2031
  - 4.3.1.2. U.S. Direct View Light Emitting Diode (LED) Display Market by Application, Value (US$ Bn), 2018 - 2031
  - 4.3.1.3. Canada Direct View Light Emitting Diode (LED) Display Market by Pixel Pitch, Value (US$ Bn), 2018 - 2031
  - 4.3.1.4. Canada Direct View Light Emitting Diode (LED) Display Market by Application, Value (US$ Bn), 2018 - 2031
- 4.3.2. BPS Analysis/Market Attractiveness Analysis

5. Europe Direct View Light Emitting Diode (LED) Display Market Outlook, 2018 - 2031

5.1. Europe Direct View Light Emitting Diode (LED) Display Market Outlook, by Pixel Pitch, Value (US$ Bn), 2018 - 2031
- 5.1.1. Key Highlights
  - 5.1.1.1. Less than 1mm
  - 5.1.1.2. 1-2.5 mm
  - 5.1.1.3. Greater than 2.5 mm
5.2. Europe Direct View Light Emitting Diode (LED) Display Market Outlook, by Application, Value (US$ Bn), 2018 - 2031
- 5.2.1. Key Highlights
  - 5.2.1.1. Indoor
  - 5.2.1.2. Outdoor
- 5.2.2. BPS Analysis/Market Attractiveness Analysis
5.3. Europe Direct View Light Emitting Diode (LED) Display Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
- 5.3.1. Key Highlights
  - 5.3.1.1. Germany Direct View Light Emitting Diode (LED) Display Market by Pixel Pitch, Value (US$ Bn), 2018 - 2031
  - 5.3.1.2. Germany Direct View Light Emitting Diode (LED) Display Market by Application, Value (US$ Bn), 2018 - 2031
  - 5.3.1.3. U.K. Direct View Light Emitting Diode (LED) Display Market by Pixel Pitch, Value (US$ Bn), 2018 - 2031
  - 5.3.1.4. U.K. Direct View Light Emitting Diode (LED) Display Market by Application, Value (US$ Bn), 2018 - 2031
  - 5.3.1.5. France Direct View Light Emitting Diode (LED) Display Market by Pixel Pitch, Value (US$ Bn), 2018 - 2031
  - 5.3.1.6. France Direct View Light Emitting Diode (LED) Display Market by Application, Value (US$ Bn), 2018 - 2031
  - 5.3.1.7. Italy Direct View Light Emitting Diode (LED) Display Market by Pixel Pitch, Value (US$ Bn), 2018 - 2031
  - 5.3.1.8. Italy Direct View Light Emitting Diode (LED) Display Market by Application, Value (US$ Bn), 2018 - 2031
  - 5.3.1.9. Turkey Direct View Light Emitting Diode (LED) Display Market by Pixel Pitch, Value (US$ Bn), 2018 - 2031
  - 5.3.1.10. Turkey Direct View Light Emitting Diode (LED) Display Market by Application, Value (US$ Bn), 2018 - 2031
  - 5.3.1.11. Russia Direct View Light Emitting Diode (LED) Display Market by Pixel Pitch, Value (US$ Bn), 2018 - 2031
  - 5.3.1.12. Russia Direct View Light Emitting Diode (LED) Display Market by Application, Value (US$ Bn), 2018 - 2031
  - 5.3.1.13. Rest of Europe Direct View Light Emitting Diode (LED) Display Market by Pixel Pitch, Value (US$ Bn), 2018 - 2031
  - 5.3.1.14. Rest of Europe Direct View Light Emitting Diode (LED) Display Market by Application, Value (US$ Bn), 2018 - 2031
- 5.3.2. BPS Analysis/Market Attractiveness Analysis

6. Asia Pacific Direct View Light Emitting Diode (LED) Display Market Outlook, 2018 - 2031

6.1. Asia Pacific Direct View Light Emitting Diode (LED) Display Market Outlook, by Pixel Pitch, Value (US$ Bn), 2018 - 2031
- 6.1.1. Key Highlights
  - 6.1.1.1. Less than 1mm
  - 6.1.1.2. 1-2.5 mm
  - 6.1.1.3. Greater than 2.5 mm
6.2. Asia Pacific Direct View Light Emitting Diode (LED) Display Market Outlook, by Application, Value (US$ Bn), 2018 - 2031
- 6.2.1. Key Highlights
  - 6.2.1.1. Indoor
  - 6.2.1.2. Outdoor
- 6.2.2. BPS Analysis/Market Attractiveness Analysis
6.3. Asia Pacific Direct View Light Emitting Diode (LED) Display Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
- 6.3.1. Key Highlights
  - 6.3.1.1. China Direct View Light Emitting Diode (LED) Display Market by Pixel Pitch, Value (US$ Bn), 2018 - 2031
  - 6.3.1.2. China Direct View Light Emitting Diode (LED) Display Market by Application, Value (US$ Bn), 2018 - 2031
  - 6.3.1.3. Japan Direct View Light Emitting Diode (LED) Display Market by Pixel Pitch, Value (US$ Bn), 2018 - 2031
  - 6.3.1.4. Japan Direct View Light Emitting Diode (LED) Display Market by Application, Value (US$ Bn), 2018 - 2031
  - 6.3.1.5. South Korea Direct View Light Emitting Diode (LED) Display Market by Pixel Pitch, Value (US$ Bn), 2018 - 2031
  - 6.3.1.6. South Korea Direct View Light Emitting Diode (LED) Display Market by Application, Value (US$ Bn), 2018 - 2031
  - 6.3.1.7. India Direct View Light Emitting Diode (LED) Display Market by Pixel Pitch, Value (US$ Bn), 2018 - 2031
  - 6.3.1.8. India Direct View Light Emitting Diode (LED) Display Market by Application, Value (US$ Bn), 2018 - 2031
  - 6.3.1.9. Southeast Asia Direct View Light Emitting Diode (LED) Display Market by Pixel Pitch, Value (US$ Bn), 2018 - 2031
  - 6.3.1.10. Southeast Asia Direct View Light Emitting Diode (LED) Display Market by Application, Value (US$ Bn), 2018 - 2031
  - 6.3.1.11. Rest of Asia Pacific Direct View Light Emitting Diode (LED) Display Market by Pixel Pitch, Value (US$ Bn), 2018 - 2031
  - 6.3.1.12. Rest of Asia Pacific Direct View Light Emitting Diode (LED) Display Market by Application, Value (US$ Bn), 2018 - 2031
- 6.3.2. BPS Analysis/Market Attractiveness Analysis

7. Latin America Direct View Light Emitting Diode (LED) Display Market Outlook, 2018 - 2031

7.1. Latin America Direct View Light Emitting Diode (LED) Display Market Outlook, by Pixel Pitch, Value (US$ Bn), 2018 - 2031
- 7.1.1. Key Highlights
  - 7.1.1.1. Less than 1mm
  - 7.1.1.2. 1-2.5 mm
  - 7.1.1.3. Greater than 2.5 mm
7.2. Latin America Direct View Light Emitting Diode (LED) Display Market Outlook, by Application, Value (US$ Bn), 2018 - 2031
- 7.2.2. BPS Analysis/Market Attractiveness Analysis
7.3. Latin America Direct View Light Emitting Diode (LED) Display Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
- 7.3.1. Key Highlights
  - 7.3.1.1. Brazil Direct View Light Emitting Diode (LED) Display Market by Pixel Pitch, Value (US$ Bn), 2018 - 2031
  - 7.3.1.2. Brazil Direct View Light Emitting Diode (LED) Display Market by Application, Value (US$ Bn), 2018 - 2031
  - 7.3.1.3. Mexico Direct View Light Emitting Diode (LED) Display Market by Pixel Pitch, Value (US$ Bn), 2018 - 2031
  - 7.3.1.4. Mexico Direct View Light Emitting Diode (LED) Display Market by Application, Value (US$ Bn), 2018 - 2031
  - 7.3.1.5. Argentina Direct View Light Emitting Diode (LED) Display Market by Pixel Pitch, Value (US$ Bn), 2018 - 2031
  - 7.3.1.6. Argentina Direct View Light Emitting Diode (LED) Display Market by Application, Value (US$ Bn), 2018 - 2031
  - 7.3.1.7. Rest of Latin America Direct View Light Emitting Diode (LED) Display Market by Pixel Pitch, Value (US$ Bn), 2018 - 2031
  - 7.3.1.8. Rest of Latin America Direct View Light Emitting Diode (LED) Display Market by Application, Value (US$ Bn), 2018 - 2031
- 7.3.2. BPS Analysis/Market Attractiveness Analysis

8. Middle East & Africa Direct View Light Emitting Diode (LED) Display Market Outlook, 2018 - 2031

8.1. Middle East & Africa Direct View Light Emitting Diode (LED) Display Market Outlook, by Pixel Pitch, Value (US$ Bn), 2018 - 2031
- 8.1.1. Key Highlights
  - 8.1.1.1. Less than 1mm
  - 8.1.1.2. 1-2.5 mm
  - 8.1.1.3. Greater than 2.5 mm
8.2. Middle East & Africa Direct View Light Emitting Diode (LED) Display Market Outlook, by Application, Value (US$ Bn), 2018 - 2031
- 8.2.1. Key Highlights
  - 8.2.1.1. Indoor
  - 8.2.1.2. Outdoor
- 8.2.2. BPS Analysis/Market Attractiveness Analysis
8.3. Middle East & Africa Direct View Light Emitting Diode (LED) Display Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
- 8.3.1. Key Highlights
  - 8.3.1.1. GCC Direct View Light Emitting Diode (LED) Display Market by Pixel Pitch, Value (US$ Bn), 2018 - 2031
  - 8.3.1.2. GCC Direct View Light Emitting Diode (LED) Display Market by Application, Value (US$ Bn), 2018 - 2031
  - 8.3.1.3. South Africa Direct View Light Emitting Diode (LED) Display Market by Pixel Pitch, Value (US$ Bn), 2018 - 2031
  - 8.3.1.4. South Africa Direct View Light Emitting Diode (LED) Display Market by Application, Value (US$ Bn), 2018 - 2031
  - 8.3.1.5. Egypt Direct View Light Emitting Diode (LED) Display Market by Pixel Pitch, Value (US$ Bn), 2018 - 2031
  - 8.3.1.6. Egypt Direct View Light Emitting Diode (LED) Display Market by Application, Value (US$ Bn), 2018 - 2031
  - 8.3.1.7. Nigeria Direct View Light Emitting Diode (LED) Display Market by Pixel Pitch, Value (US$ Bn), 2018 - 2031
  - 8.3.1.8. Nigeria Direct View Light Emitting Diode (LED) Display Market by Application, Value (US$ Bn), 2018 - 2031
  - 8.3.1.9. Rest of Middle East & Africa Direct View Light Emitting Diode (LED) Display Market by Pixel Pitch, Value (US$ Bn), 2018 - 2031
  - 8.3.1.10. Rest of Middle East & Africa Direct View Light Emitting Diode (LED) Display Market by Application, Value (US$ Bn), 2018 - 2031
- 8.3.2. BPS Analysis/Market Attractiveness Analysis

9. Competitive Landscape

9.1. Manufacturer vs by Application Heatmap
9.2. Company Market Share Analysis, 2023
9.3. Competitive Dashboard
9.4. Company Profiles
- 9.4.1. Sharp
  - 9.4.1.1. Company Overview
  - 9.4.1.2. Pixel Pitch Portfolio
  - 9.4.1.3. Financial Overview
  - 9.4.1.4. Business Strategies and Development
- 9.4.2. LG
  - 9.4.2.1. Company Overview
  - 9.4.2.2. Pixel Pitch Portfolio
  - 9.4.2.3. Financial Overview
  - 9.4.2.4. Business Strategies and Development
- 9.4.3. SAMSUNG
  - 9.4.3.1. Company Overview
  - 9.4.3.2. Pixel Pitch Portfolio
  - 9.4.3.3. Financial Overview
  - 9.4.3.4. Business Strategies and Development
- 9.4.4. Barco
  - 9.4.4.1. Company Overview
  - 9.4.4.2. Pixel Pitch Portfolio
  - 9.4.4.3. Financial Overview
  - 9.4.4.4. Business Strategies and Development
- 9.4.5. Mitsubishi Electric
  - 9.4.5.1. Company Overview
  - 9.4.5.2. Pixel Pitch Portfolio
  - 9.4.5.3. Financial Overview
  - 9.4.5.4. Business Strategies and Development
- 9.4.6. ViewSonic
  - 9.4.6.1. Company Overview
  - 9.4.6.2. Pixel Pitch Portfolio
  - 9.4.6.3. Financial Overview
  - 9.4.6.4. Business Strategies and Development
- 9.4.7. Philips
  - 9.4.7.1. Company Overview
  - 9.4.7.2. Pixel Pitch Portfolio
  - 9.4.7.3. Financial Overview
  - 9.4.7.4. Business Strategies and Development
- 9.4.8. Planar
  - 9.4.8.1. Company Overview
  - 9.4.8.2. Pixel Pitch Portfolio
  - 9.4.8.3. Financial Overview
  - 9.4.8.4. Business Strategies and Development
- 9.4.9. Hikvision
  - 9.4.9.1. Company Overview
  - 9.4.9.2. Pixel Pitch Portfolio
  - 9.4.9.3. Financial Overview
  - 9.4.9.4. Business Strategies and Development
- 9.4.10. Unilumin Group
  - 9.4.10.1. Company Overview
  - 9.4.10.2. Pixel Pitch Portfolio
  - 9.4.10.3. Financial Overview
  - 9.4.10.4. Business Strategies and Development
- 9.4.11. Absen
  - 9.4.11.1. Company Overview
  - 9.4.11.2. Pixel Pitch Portfolio
  - 9.4.11.3. Financial Overview
  - 9.4.11.4. Business Strategies and Development
- 9.4.12. INFILED
  - 9.4.12.1. Company Overview
  - 9.4.12.2. Pixel Pitch Portfolio
  - 9.4.12.3. Financial Overview
  - 9.4.12.4. Business Strategies and Development
- 9.4.13. Sony
  - 9.4.13.1. Company Overview
  - 9.4.13.2. Pixel Pitch Portfolio
  - 9.4.13.3. Financial Overview
  - 9.4.13.4. Business Strategies and Development
- 9.4.14. Leyard
  - 9.4.14.1. Company Overview
  - 9.4.14.2. Pixel Pitch Portfolio
  - 9.4.14.3. Financial Overview
  - 9.4.14.4. Business Strategies and Development

10. Appendix

10.1. Research Methodology
10.2. Report Assumptions
10.3. Acronyms and Abbreviations