The Latin America, Middle East and Africa Narrow Pixel Pitch LED Display Market should witness market growth of 17.7% CAGR during the forecast period (2022-2028).
In the past few years, narrow pixel pitch LED display manufacturing has advanced quickly. Due to the growing trend of attending online sessions, narrow pixel pitch LED displays have become more popular in teleconferencing and communication since the commencement of COVID-19. Additionally, outdoor advertising has become increasingly popular as interest in conventional marketing has gradually declined. It is vital in helping businesses increase their sales. To attract substantial viewer attention, outdoor advertising extensively uses theseLED displays.
Additionally, there would be a significant increase in demand due to the anticipated expansion of the use of technologies like Big Data & artificial intelligence (AI). This would lead to an increase in the prospects for open data dashboards and online city services population analysis in smart cities development. In the upcoming years, these technological advancements in smart cities are projected to increase the requirement for narrow pixel pitch LED displays.
The hospitalitysector in the Middle East region is undergoing a lot of transformation. The tourist industry is utilizing digital advertising for promotions and events due to its rapid expansion. To give visitors a unified digital experience from the minute they enter the lobby, hotels must deploy streamlined display management and simple content management across different locations. As a result, it is believed that digital signage will play a significant role in the hotel industry going forward. Hotels, restaurants, vacation resorts, as well as other hospitality venues can improve their brand image and reputation with the help of digitalization. Hence, during the forecast period, the regional market would expand owing to factors like an increasing hospitality sector and more sporting events.
The Brazil market dominated the LAMEA Narrow Pixel Pitch LED Display Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $62.7 Million by 2028. The Argentina market is experiencing a CAGR of 18.3% during (2022-2028). Additionally, The UAE market would showcase a CAGR of 17.4% during (2022-2028).
Based on Application, the market is segmented into Control Rooms & Monitoring, Digital Signage, Broadcast Screens, Visualization & Simulation and Others. Based on Type, the market is segmented into 2mm to 1mm and upto 3mm. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include NEC Corporation, Ushio, Inc. (Christie Digital Systems, Inc.), Daktronics, Inc., Barco NV, Siliconcore Technology, Inc., Leyard Optoelectronic Co., PixelFLEX, Shenzhen Absen Optoelectronic Co Ltd., NanoLumens, Inc., and Unilumin Group Co., Ltd.
In the past few years, narrow pixel pitch LED display manufacturing has advanced quickly. Due to the growing trend of attending online sessions, narrow pixel pitch LED displays have become more popular in teleconferencing and communication since the commencement of COVID-19. Additionally, outdoor advertising has become increasingly popular as interest in conventional marketing has gradually declined. It is vital in helping businesses increase their sales. To attract substantial viewer attention, outdoor advertising extensively uses theseLED displays.
Additionally, there would be a significant increase in demand due to the anticipated expansion of the use of technologies like Big Data & artificial intelligence (AI). This would lead to an increase in the prospects for open data dashboards and online city services population analysis in smart cities development. In the upcoming years, these technological advancements in smart cities are projected to increase the requirement for narrow pixel pitch LED displays.
The hospitalitysector in the Middle East region is undergoing a lot of transformation. The tourist industry is utilizing digital advertising for promotions and events due to its rapid expansion. To give visitors a unified digital experience from the minute they enter the lobby, hotels must deploy streamlined display management and simple content management across different locations. As a result, it is believed that digital signage will play a significant role in the hotel industry going forward. Hotels, restaurants, vacation resorts, as well as other hospitality venues can improve their brand image and reputation with the help of digitalization. Hence, during the forecast period, the regional market would expand owing to factors like an increasing hospitality sector and more sporting events.
The Brazil market dominated the LAMEA Narrow Pixel Pitch LED Display Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $62.7 Million by 2028. The Argentina market is experiencing a CAGR of 18.3% during (2022-2028). Additionally, The UAE market would showcase a CAGR of 17.4% during (2022-2028).
Based on Application, the market is segmented into Control Rooms & Monitoring, Digital Signage, Broadcast Screens, Visualization & Simulation and Others. Based on Type, the market is segmented into 2mm to 1mm and upto 3mm. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include NEC Corporation, Ushio, Inc. (Christie Digital Systems, Inc.), Daktronics, Inc., Barco NV, Siliconcore Technology, Inc., Leyard Optoelectronic Co., PixelFLEX, Shenzhen Absen Optoelectronic Co Ltd., NanoLumens, Inc., and Unilumin Group Co., Ltd.
Scope of the Study
By Application
- Control Rooms & Monitoring
- Digital Signage
- Broadcast Screens
- Visualization & Simulation
- Others
By Type
- 2mm to 1mm
- upto 3mm
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- NEC Corporation
- Ushio, Inc. (Christie Digital Systems, Inc.)
- Daktronics, Inc.
- Barco NV
- Siliconcore Technology, Inc.
- Leyard Optoelectronic Co.
- PixelFLEX
- Shenzhen Absen Optoelectronic Co Ltd.
- NanoLumens, Inc.
- Unilumin Group Co., Ltd.
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Narrow Pixel Pitch LED Display Market, by Application
1.4.2 LAMEA Narrow Pixel Pitch LED Display Market, by Type
1.4.3 LAMEA Narrow Pixel Pitch LED Display Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. LAMEA Narrow Pixel Pitch LED Display Market by Application
3.1 LAMEA Control Rooms & Monitoring Market by Country
3.2 LAMEA Digital Signage Market by Country
3.3 LAMEA Broadcast Screens Market by Country
3.4 LAMEA Visualization & Simulation Market by Country
3.5 LAMEA Others Market by Country
Chapter 4. LAMEA Narrow Pixel Pitch LED Display Market by Type
4.1 LAMEA 2mm to 1mm Market by Country
4.2 LAMEA upto 3mm Market by Country
Chapter 5. LAMEA Narrow Pixel Pitch LED Display Market by Country
5.1 Brazil Narrow Pixel Pitch LED Display Market
5.1.1 Brazil Narrow Pixel Pitch LED Display Market by Application
5.1.2 Brazil Narrow Pixel Pitch LED Display Market by Type
5.2 Argentina Narrow Pixel Pitch LED Display Market
5.2.1 Argentina Narrow Pixel Pitch LED Display Market by Application
5.2.2 Argentina Narrow Pixel Pitch LED Display Market by Type
5.3 UAE Narrow Pixel Pitch LED Display Market
5.3.1 UAE Narrow Pixel Pitch LED Display Market by Application
5.3.2 UAE Narrow Pixel Pitch LED Display Market by Type
5.4 Saudi Arabia Narrow Pixel Pitch LED Display Market
5.4.1 Saudi Arabia Narrow Pixel Pitch LED Display Market by Application
5.4.2 Saudi Arabia Narrow Pixel Pitch LED Display Market by Type
5.5 South Africa Narrow Pixel Pitch LED Display Market
5.5.1 South Africa Narrow Pixel Pitch LED Display Market by Application
5.5.2 South Africa Narrow Pixel Pitch LED Display Market by Type
5.6 Nigeria Narrow Pixel Pitch LED Display Market
5.6.1 Nigeria Narrow Pixel Pitch LED Display Market by Application
5.6.2 Nigeria Narrow Pixel Pitch LED Display Market by Type
5.7 Rest of LAMEA Narrow Pixel Pitch LED Display Market
5.7.1 Rest of LAMEA Narrow Pixel Pitch LED Display Market by Application
5.7.2 Rest of LAMEA Narrow Pixel Pitch LED Display Market by Type
Chapter 6. Company Profiles
6.1 NEC Corporation
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Segmental and Regional Analysis
6.1.4 Research & Development Expenses
6.1.5 Recent strategies and developments:
6.1.5.1 Product Launches and Product Expansions:
6.2 Ushio, Inc. (Christie Digital Systems, Inc.)
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Segmental Analysis
6.2.4 Research & Development Expense
6.2.5 Recent strategies and developments:
6.2.5.1 Product Launches and Product Expansions:
6.3 Daktronics, Inc.
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Segmental and Regional Analysis
6.3.4 Research & Development Expenses
6.3.5 Recent strategies and developments:
6.3.5.1 Partnerships, Collaborations, and Agreements:
6.4 Barco NV
6.4.1 Company Overview
6.4.2 Financial Analysis
6.4.3 Segmental and Regional Analysis
6.4.4 Research & Development Expense
6.5 Siliconcore Technology, Inc.
6.5.1 Company Overview
6.5.2 Recent strategies and developments:
6.5.2.1 Product Launches and Product Expansions:
6.6 Leyard Optoelectronic Co.
6.6.1 Company Overview
6.7 PixelFLEX
6.7.1 Company Overview
6.8 Shenzhen Absen Optoelectronic Co Ltd.
6.8.1 Company Overview
6.9 NanoLumens, Inc.
6.9.1 Company Overview
6.10. Unilumin Group Co., Ltd.
6.10.1 Company Overview
Companies Mentioned
- NEC Corporation
- Ushio, Inc. (Christie Digital Systems, Inc.)
- Daktronics, Inc.
- Barco NV
- Siliconcore Technology, Inc.
- Leyard Optoelectronic Co.
- PixelFLEX
- Shenzhen Absen Optoelectronic Co Ltd.
- NanoLumens, Inc.
- Unilumin Group Co., Ltd.
Methodology
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