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Large Format Display Market Share

Report ID: GMI7776
Published Date: Jan 2024
Report Format: PDF

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Large Format Display Market Share

The Large Format Display industry is highly fragmented owing to the presence of several market players. Major companies operating in the market are Barco NV, Samsung Electronics Co., Ltd., LG Display Co., Ltd., accounting over 36% market share in the year 2023. The major market players are focusing on mergers & acquisitions, facility expansion, and strategic partnerships to expand their product offerings, customer reach, and enhance market presence. Companies are also focusing on acquisition strategy.

Large Format Display Market Companies

Major players operating in the large format display industry include:

Barco NV
Samsung Electronics Co., Ltd.
LG Display Co., Ltd.

Authors: Ankit Gupta, Sunita Singh

Frequently Asked Questions (FAQ) :

Large format display industry was valued at around USD 15.5 billion in 2023 and is estimated to reach USD 27.3 billion by 2032, owing to the increasing demand for digital signage, growth in outdoor advertising, and rising popularity of events and entertainment.

LED technology segment held the largest market share of 63.6% in 2023 and is poised for growth through 2032, driven by its energy efficiency, high brightness, and versatility.

North American large format display market is slated to grow at CAGR of 5.8% through 2032, favored by well-established and resilient retail infrastructure, providing a conducive environment for the widespread adoption of LFDs in commercial and consumer settings.

Barco NV, Samsung Electronics Co., Ltd. and LG Display Co., Ltd. are some of the main companies operating in the large format display industry.