Research Methodology on Large Format Display Market
Executive Summary
This research report provides a comprehensive market analysis of the global Large Format Display (LFD) market. The market was estimated using a bottom-up approach, by calculating the overall market size of each of the major segments of the industry and then evaluating each segment in greater detail, to arrive at an overall market size. Factors such as drivers, opportunities, and threats have also been considered while conducting market research. Further, Porter's Five Forces analysis was used to determine the competitive dynamics of the industry.
1. Introduction
The global Large-Format Display (LFD) market is projected to grow significantly over the forecast period, owing to the increasing demand for products with bigger display sizes, wide view angles, and high colour accuracy. The LFD market is expected to grow at a healthy CAGR during the forecast period from 2024 to 2032.
2. Research Methodology
This research was conducted in two stages: primary and secondary research. The secondary research includes data from reports from research firms, third-party organizations, and World Bank data. The primary research entailed interviews with industry experts and surveys of the opinion about the prospects of the Large Format Display market. The whole market was segmented into four parts, and each of these parts was evaluated in detail. All the data that was collected was then analysed, and the results were then used to formulate the market size and forecast for 2024 to 2032.
2.1 Primary Research
Primary research was conducted to get an understanding of the market size, the factors driving the market, and the current trends and developments in the industry. Interviews were conducted with industry experts to get a better understanding of the trends and to provide a qualitative approach to the research. The purpose of the interviews was to understand their opinion of the industry, the impending challenges, and the future of the industry.
2.2 Secondary Research
Secondary research involved extensive research of the major players operating in the market and analyses of different reports from market research firms and third-party organizations. A comparative analysis of the market players was conducted, and market shares were estimated. Additionally, data from World Bank reports and industry publications were used to analyze the current and forecast of the market.
2.3 Market Estimation and Forecasting
The market size is estimated by calculating the overall market size of each of the four segments: Direct View LED, Professional Display, Front Projectors, and Video Walls. Each of these segments was then evaluated in detail. For estimating the market share, a bottom-up approach was adopted. The predicted market share was determined by assessing the current market share of each segment, and the expected changes in the next seven years.
3. Assumptions
The assumptions taken for the Large Format Display (LFD) market are listed below:
- The market size for the forecast period is estimated by taking into consideration the current market size and the expected changes in the market
- The market size is estimated based on the historical CAGR from 2015-2020
- The adoption of Direct View LED, Professional Displays, Front Projectors, and Video Walls across various industries is considered while estimating the market size
- The assumptions related to pricing, distribution, sales, and gross margin have been taken into consideration while estimating the market size.
4. Porter's Five Forces Analysis
Porter's Five Forces analysis was conducted in order to gain a better understanding of the competitive dynamics in the industry. The analysis was conducted based on supplier power, buyer power, the threat of new entrants, the threat of substitutes, and rivalry.
5. Conclusion
The market size of the global Large-Format Display (LFD) market is expected to reach an all-time high revenue by 2030, registering a steady CAGR during the forecast period from 2024 to 2032. The increasing demand for products with bigger display sizes, wide view angles, and high colour accuracy, is expected to drive the growth of the market. Additionally, the increasing need for digital signage and interactive displays is also expected to drive the growth of the market.
TABLE OF CONTENTS
1 MARKET INTRODUCTION
1.1 INTRODUCTION
1.2 SCOPE OF STUDY
1.2.1 RESEARCH OBJECTIVE
1.2.2 ASSUMPTIONS
1.2.3 LIMITATIONS
1.3 MARKET STRUCTURE
2 RESEARCH METHODOLOGY
2.1 RESEARCH NETWORK
2.2 PRIMARY RESEARCH
2.3 SECONDARY RESEARCH
2.4 FORECAST MODEL
2.4.1 MARKET DATA COLLECTION, ANALYSIS & FORECAST
2.4.2 MARKET SIZE ESTIMATION
3 MARKET DYNAMICS
3.1 INTRODUCTION
3.2 MARKET DRIVERS
3.3 MARKET CHALLENGES
3.4 MARKET OPPORTUNITIES
3.5 MARKET RESTRAINTS
4 EXECUTIVE SUMMARY
5. MARKET FACTOR ANALYSIS
5.1 PORTER’S FIVE FORCES ANALYSIS
5.2 SUPPLY CHAIN ANALYSIS
6 LARGE FORMAT DISPLAY MARKET, BY SEGMENTS
6.1 INTRODUCTION
6.2 MARKET STATISTICS
6.2.1 BY COMPONENT
6.2.1.1 CONTROLLERS
6.2.1.2 DISPLAYS
6.2.1.3 MOUNTS
6.2.1.4 ACCESSORIES
6.2.1.5 OTHERS
6.2.2 BY DISPLAY TYPE
6.2.2.1 VIDEO WALL
6.2.2.2 STANDALONE DISPLAY
6.2.3 BY APPLICATION
6.2.3.1 RETAIL
6.2.3.2 SPORTS
6.2.3.3 ENTERTAINMENT
6.2.3.4 HEALTHCARE
6.2.3.5 GOVERNMENT
6.2.3.6 EDUCATION
6.2.3.7 INFRASTRUCTURE
6.2.3.8 TRANSPORTATION
6.2.3.9 BFSI
6.2.3.10 OTHERS
6.2.4 BY GEOGRAPHY
6.2.4.1 NORTH AMERICA
6.2.4.2 EUROPE
6.2.4.3 ASIA-PACIFIC
6.2.4.4 REST OF THE WORLD
7 COMPETITIVE ANALYSIS
7.1 MARKET SHARE ANALYSIS
7.2 COMPANY PROFILES
7.2.1 LEYARD OPTOELECTRONIC CO., LTD. (CHINA)
7.2.2 SAMSUNG ELECTRONICS CO., LTD. (SOUTH KOREA)
7.2.3 BARCO NV (BELGIUM)
7.2.4 SONY CORPORATION. (JAPAN)
7.2.5 LG DISPLAY CO., LTD. (SOUTH KOREA)
7.2.6 NEC CORP. (JAPAN)
7.2.7 SONY CORPORATION (JAPAN)
7.2.8 TPV TECHNOLOGY LTD. (HONG KONG)
7.2.9 VIEW SONIC CORPORATION (U.S.)
7.2.10 OTHERS
LIST OF TABLES
TABLE 1 LARGE FORMAT DISPLAY MARKET, BY COMPONENT
TABLE 2 LARGE FORMAT DISPLAY MARKET, BY DISPLAY TYPE
TABLE 3 LARGE FORMAT DISPLAY MARKET, BY APPLICATION
TABLE 4 LARGE FORMAT DISPLAY MARKET, BY GEOGRAPHY
TABLE 5 NORTH AMERICA LARGE FORMAT DISPLAY MARKET, BY COMPONENT
TABLE 6 NORTH AMERICA LARGE FORMAT DISPLAY MARKET, BY DISPLAY TYPE
TABLE 7 NORTH AMERICA LARGE FORMAT DISPLAY MARKET, BY APPLICATION
TABLE 8 U.S LARGE FORMAT DISPLAY MARKET, BY COMPONENT
TABLE 9 U.S. LARGE FORMAT DISPLAY MARKET, BY DISPLAY TYPE
TABLE 10 U.S. LARGE FORMAT DISPLAY MARKET, BY APPLICATION
TABLE 11 CANADA LARGE FORMAT DISPLAY MARKET, BY COMPONENT
TABLE 12 CANADA LARGE FORMAT DISPLAY MARKET, BY DISPLAY TYPE
TABLE 13 CANADA LARGE FORMAT DISPLAY MARKET, BY APPLICATION
TABLE 14 EUROPE LARGE FORMAT DISPLAY MARKET, BY COMPONENT
TABLE 15 EUROPE LARGE FORMAT DISPLAY MARKET, BY DISPLAY TYPE
TABLE 16 EUROPE LARGE FORMAT DISPLAY MARKET, BY APPLICATION
TABLE 17 GERMANY LARGE FORMAT DISPLAY MARKET, BY COMPONENT
TABLE 18 GERMANY LARGE FORMAT DISPLAY MARKET, BY DISPLAY TYPE
TABLE 19 GERMANY LARGE FORMAT DISPLAY MARKET, BY APPLICATION
TABLE 20 FRANCE LARGE FORMAT DISPLAY MARKET, BY COMPONENT
TABLE 21 FRANCE LARGE FORMAT DISPLAY MARKET, BY DISPLAY TYPE
TABLE 22 FRANCE LARGE FORMAT DISPLAY MARKET, BY APPLICATION
TABLE 23 U.K. LARGE FORMAT DISPLAY MARKET, BY COMPONENT
TABLE 24 U.K. LARGE FORMAT DISPLAY MARKET, BY DISPLAY TYPE
TABLE 25 U.K. LARGE FORMAT DISPLAY MARKET, BY APPLICATION
TABLE 26 REST OF EUROPE LARGE FORMAT DISPLAY MARKET, BY COMPONENT
TABLE 27 REST OF EUROPE LARGE FORMAT DISPLAY MARKET, BY DISPLAY TYPE
TABLE 28 REST OF EUROPE LARGE FORMAT DISPLAY MARKET, BY APPLICATION
TABLE 29 ASIA-PACIFIC LARGE FORMAT DISPLAY MARKET, BY COMPONENT
TABLE 30 ASIA-PACIFIC LARGE FORMAT DISPLAY MARKET, BY DISPLAY TYPE
TABLE 31 ASIA-PACIFIC LARGE FORMAT DISPLAY MARKET, BY APPLICATION
TABLE 32 REST OF THE WORLD LARGE FORMAT DISPLAY MARKET, BY COMPONENT
TABLE 33 REST OF THE WORLD LARGE FORMAT DISPLAY MARKET, BY DISPLAY TYPE
TABLE 34 REST OF THE WORLD LARGE FORMAT DISPLAY MARKET, BY APPLICATION
LIST OF FIGURES
FIGURE 1 RESEARCH METHODOLOGY
FIGURE 2 LARGE FORMAT DISPLAY MARKET, BY COMPONENT (%)
FIGURE 3 LARGE FORMAT DISPLAY MARKET, BY DISPLAY TYPE (%)
FIGURE 4 LARGE FORMAT DISPLAY MARKET, BY APPLICATION (%)
FIGURE 5 LARGE FORMAT DISPLAY MARKET, BY REGIONS (%)
FIGURE 6 NORTH AMERICA LARGE FORMAT DISPLAY MARKET, BY COMPONENT (%)
FIGURE 7 NORTH AMERICA LARGE FORMAT DISPLAY MARKET, BY DISPLAY TYPE (%)
FIGURE 8 NORTH AMERICA LARGE FORMAT DISPLAY MARKET, BY APPLICATION (%)
FIGURE 9 EUROPE LARGE FORMAT DISPLAY MARKET, BY COMPONENT (%)
FIGURE 10 EUROPE LARGE FORMAT DISPLAY MARKET, BY DISPLAY TYPE (%)
FIGURE 11 EUROPE LARGE FORMAT DISPLAY MARKET, BY APPLICATION (%)
FIGURE 12 ASIA-PACIFIC LARGE FORMAT DISPLAY MARKET, BY COMPONENT (%)
FIGURE 13 ASIA-PACIFIC LARGE FORMAT DISPLAY MARKET, BY DISPLAY TYPE (%)
FIGURE 14 ASIA-PACIFIC LARGE FORMAT DISPLAY MARKET, BY APPLICATION (%)
FIGURE 15 REST OF THE WORLD LARGE FORMAT DISPLAY MARKET, BY COMPONENT (%)
FIGURE 16 REST OF THE WORLD LARGE FORMAT DISPLAY MARKET, BY DISPLAY TYPE (%)
FIGURE 17 REST OF THE WORLD LARGE FORMAT DISPLAY MARKET, BY APPLICATION (%)
Senior Research Analyst Ankit gupta is an analyst in market research industry in ict and semi industry. with post-graduation in "telecom and marketing management" and graduation in "electronics and telecommunication" vertical he is well versed with recent development in ict industry as a whole. having worked on more than 150+ reports including consultation for fortune 500 companies such as microsoft and rio tinto in identifying solutions with respect to business problems his opinions are inclined towards mixture of technical and managerial aspects.
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