India Active LED Market grew significantly during 2019 on account of rising advertising expenditure. However, during 2020, covid-19 significantly impacted the overall Active LED market as the country faced a nationwide lockdown that led to the shutting down of international borders and impacted the supply chain in the market which has resulted in the decline in Out of Home (OOH) advertising industry by 55% in H1, 2020. Most of the commercial spaces, shopping malls, cinemas, and stadiums were closed where LED Videowall screens are heavily deployed which impacted the market demand during that year. Moreover, the Indian media and entertainment sector witnessed a degrowth of 24% during 2020 which further reduced the demand for LED screens in that sector. Additionally, the Delhi government approved a proposal in January 2022 to install 600 LED screens which would display graphic films, pollution data, social messages, health awareness campaigns, and information on government policies of public interest, thereby contributing to India Active LED Market Growth.
According to the publisher, India Active LED market size is projected to grow at a CAGR of 19.0% during 2023-29. The market is expected to witness significant growth in the coming years owing to rising spending expenditure of the government on infrastructure projects and advertisement spending. The government is building 100 airports by the end of 2024 which would augment the demand for Active LED Videowalls. Also, the central government presented a roadmap to invest 91,000 crore to develop new airports and upgrading existing ones in different parts of India by the year 2025 which would boost the Active LED Videowall market in India in coming years. The Active LED Market in India is also growing owing to its increased demand for digitized promotion of products and services and rapid technological advancements in the field of LED Videowall products in order to produce high quality viewing experience.
Market by Application
Indoor application acquired major revenue share in 2022 as retail sector in India are prioritizing advertisement and thus demand for Indoor LED Videowalls would grow in future. Moreover, Indoor LED videowall is becoming common in corporate lobbies, boardrooms and customer experience centres along with increase in demand in transportation sector to display information regarding flights and trains.
Market by Pixel Pitch
Based on outdoor pixel pitch, the 4.1-8 mm accounted for major revenue share and same trend is expected to follow on account of increase in production of P4 and P6 LED panels as a result of higher demand due to better display quality. Based on indoor pixel pitch, between 1-3mm accounted for major revenue share in 2022 and same trend would continue in future as mostly P2.5 is preferred by the consumers as they offer high resolution while allowing owners of retail businesses, restaurants, conference rooms and exhibitors to feature their products.
Market by Indoor Technology
SMD LED accounted for majority of revenue share in India Active LED market in the year 2022 owing to their application in both indoor and outdoor due to high durability, low power consumption and high reliability and the same segment will continue to dominate the India Active LED Industry.
Market by Product Category
Cabinet finds its prominent application in outdoor applications on account of better-quality control, better thermal management, dust proof, waterproof, among others. The similar segment is projected to grow in the coming years.
Market by Region
Northern Region garnered majority of revenue share in India Active LED Market in 2022, and same trend would continue in future because of rise in government spending in advertisement due to G20 meeting 2023 in northern cities such as Delhi, Srinagar, Varanasi, and other cities there is increase in government tenders. Additionally, Southern region would also grow as there would be demand from out of home (OH) and Corporate in areas such as Bangalore and Hyderabad.
Key Attractiveness of the Report
- COVID-19 Impact on the Market.
- 11 Years Market Numbers.
- Historical Data Starting from 2019 to 2022.
- Base Year: 2022
- Forecast Data until 2029.
- Key Performance Indicators Impacting the Market.
- Major Upcoming Developments and Projects.
Key Highlights of the Report
- India Active LED Market Overview
- India Active LED Market Outlook
- India Active LED Market Forecast
- Historical Data and Forecast of India Active LED Market Revenues for the Period 2019-2029F
- Historical Data and Forecast of India Active LED Market Revenues, By Regions, for the Period 2019-2029F
- Historical Data and Forecast of India Active LED Market Revenues, By Pixel Pitch, for the Period 2019-2029F
- Historical Data and Forecast of India Active LED Market Revenues, By Application, for the Period 2019-2029F
- India Active LED Competitor Analysis
- India Active LED Industries Analysis
- India Active LED Customer Preference Analysis
- Market Drivers and Restraints
- Industry Life Cycle
- Porter’s Five Force Analysis
- Impact Analysis of COVID-19
- Market Trends
- India Active LED Market Revenue Share, By Companies
- Competitive Benchmarking
- Company Profiles
- Key Strategic Recommendations
Market Scope and Segmentation
The report provides a detailed analysis of the following market segments:
By Application
- Indoor
- Outdoor
By Pixel Pitch
- Indoor Pixel Pitch
- Outdoor Pixel Pitch
By Indoor Technology
- COB LED
- IMD LED
- SMD LED
By Product Category
- Cabinet
- Module
By Region
- Northern
- Southern
- Western
- Eastern
Table of Contents
1. Executive Summary
2. Introduction
2.1 Report Description
2.2 Key Highlights of the Report
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3. India Active LED Market Overview
3.1 India Active LED Market Revenues
3.2 India Active LED Market Industry Life Cycle
3.3 India Active LED Market Porter’s Five Forces Model
4. Global Active LED Market Overview
4.1 Global Active LED Market Revenues
4.2 Global Active LED Market Industry Life Cycle
4.3 Global Active LED Market Porter’s Five Forces
5. Impact Analysis of Covid-19 on India Active LED Market
6. India Active LED Market Dynamics
6.1 India Active LED Market Dynamics Impact Analysis
6.2 India Active LED Market Dynamics Market Drivers
6.3 India Active LED Market Dynamics Market Restraints
7. India Active LED Market Trends
8. India Active LED Market, Revenue Share and Revenues(2019-2029), by Application
8.1 India Active LED Market, Revenue Share and Revenues, by Outdoor, 2019-2029F
8.2 India Active LED Market, Revenue Share and Revenues, by Indoor, 2019-2029F
9. India Active LED Market, Revenue Share and Revenues(2019-2029), , by Pixel Pitch
9.1 India Active LED Market, Revenue Share and Revenues, by Outdoor Pixel Pitch, 2019-2029F
9.2 India Active LED Market, Revenue Share and Revenues, by Indoor Pixel Pitch, 2019-2029F
10. India Active LED Market, Revenue Share and Revenues(2019-2029), by Indoor Technology
10.1 India Active LED Market, Revenue Share and Revenues, by SMD LED, 2019-2029F
10.2 India Active LED Market, Revenue Share and Revenues, by COB LED, 2019-2029F
10.3 India Active LED Market, Revenue Share and Revenues, by IMD LED, 2019-2029F
11. India Active LED Market, Revenue Share and Revenues(2019-2029), by Product Category
11.1 India Active LED Market, Revenue Share and Revenues, by Cabinet, 2019-2029F
11.2 India Active LED Market, Revenue Share and Revenues, by Module, 2019-2029F
12. India Active LED Market, Revenue Share and Revenues(2019-2029), by Regions
12.1 India Active LED Market, Revenue Share and Revenues, by North
12.2 India Active LED Market, Revenue Share and Revenues, by West
12.3 India Active LED Market, Revenue Share and Revenues, by South
12.4 India Active LED Market, Revenue Share and Revenues, by East
13. India Active LED Market - Key Performance Indicators
14. India Active LED Market - Import Statistics
15. India Active LED Market - Import Price Analysis
16. India Active LED Market - Industries Analysis
17. India Active LED Market - Customer Behavioral and Preference Analysis
18. India Active LED Market - Key Buying Factors
18.1 Analyzing Several Use Cases for Active LED and Performance Benchmarking Required to Meet the Required Solution
18.2 Key Benchmarking Product Features and Key Buying Factors for Major Competitors
19. India Active LED Market - Detailed Use Cases Analysis
19.1 Insight on Various Use Cases and Expected Use Cases across Different Industries
20. India Active LED Market - Who Supplies to Whom Analysis
21. India Active LED Market - Competitor Analysis
21.1 Product Pricing Analysis across Key Competitors
21.2 India Active LED Market Revenue Share
22. India Active LED Market Competitive Benchmarking
22.1 India Active LED Market Competitive Benchmarking-By Operating Parameters
23. India Active LED Market - Key Company Profiles
23.1 LG Electronics
23.2 Samsung Electronics Co. Ltd
23.3 Panasonic Life Solutions India Pvt. Ltd.
23.4 Xtreme Media Pvt. Ltd.
23.5 Delta Electronics
23.6 Leyard Group
23.7 Christie Digital Systems, Inc
23.8 Barco
23.9 Shenzhen Absen Optoelectronic Co. Ltd
23.10 Unilumin
24. India Active LED Market STP and BCG Matrix Analysis
25. Key Strategic Recommendations
26. Disclaimer
List of Figures
1. India Active LED Market Revenues, 2019-2029F (INR Crore)
2. Global Active LED Market Revenues, 2019-2029F ($ Billion)
3. India Out of Home (OOH) Media Industry (INR crore), 2019-2023F
4. India Advertisement Expenditure (INR crore), 2019-2025F
5. India Current Investment Trends in Airport Infrastructure ($ Million), 2015-2040F
6. India Active LED Market Revenue Share, By Application, 2022 & 2029F
7. India Outdoor Active LED Market Revenue Share, By Pixel Pitch, 2022 & 2029F
8. India Indoor Active LED Market Revenue Share, By Pixel Pitch, 2022 & 2029F
9. India Active LED Market Revenue Share, By Indoor Technology, 2022 & 2029F
10. India Active LED Market Revenue Share, By Product Category, 2022 & 2029F
11. India Active LED Market Revenue Share, By Regions, 2022 & 2029F
12. Upcoming Projects in Hospitality Sector as of July 2022
13.India New Office Space Supply, By Cities, Jan-June 2021-2022 (Million sq. ft.) India New Office Space Supply, By Cities, Jan-June 2021-2022 (Million sq. ft.)
14. Retail market in India, 2020-2025 (INR Lakh Crore)
15. Share of Top 3 Import Partners, 2020
16. Import Data of Product HS Code 84714190, By Country, 2020 (in $ Thousand)
17. Share of Top 3 Import Partners, 2021
18. Import Data of Product HS Code 85285200, By Country, 2021 (in $ Million)
19. Share of Top 3 Import Partners, 2021
20. Import Data of Product HS Code 85285900, By Country, 2021 (in $ Million)
21. Share of Top 3 Import Partners, 2021
22. Import Data of Product HS Code 85229000, By Country, 2021 (in $ Thousand)
23. Share of Top 3 Import Partners, 2021
24. Import Data of Product HS Code 94059900, By Country, 2021 (in $ Thousand)
25. Revenue Share of Existing and Emerging Industry, 2022
26. Revenue Share of Existing Industry, 2022
27. Revenue Share of Emerging Industry, 2022
28. Motivation Factor for Outdoor Adoption of Active LED among Industries
29. Motivation Factor for Indoor Adoption of Active LED among Industries
30. Influential Factor for Replacement or Upgradation of Active LED products
31. Restraining Factor among customers which restrict them to upgrade to Active LED solution
32. New Needs Among Customer Regarding Active LED Products
33. Ranking Based on Price Competitiveness, By Companies
34. Ranking Based on Brand Value, By Companies
35. Ranking Based on After Sales Services, By Companies
36. Ranking Based on Annual Maintenance Cost, By Companies
37. Ranking Based on Life Span of LED, By Companies
38. Ranking Based on Availability, By Companies
39. Ranking Based on Display Quality, By Companies
40. Ranking Based on Warranty, By Companies
41. India Active LED Outdoor Market Revenue Share, By Companies, 2022
42. India Active LED Indoor Market Revenue Share, By Companies, 2022
43. India Active LED Market Revenue Share, By Companies, 2022
44. Growth of Hotel Rooms Supply across Major Cities (2021/22-2026/27)
List of Tables
1. Ongoing and Upcoming Airport Projects in India
2. India Active LED Market Revenues, By Application, 2019-2029F (INR Crore)
3. India Outdoor Active LED Market Revenues, By Pixel Pitch, 2019-2029F (INR Crore)
4. India Indoor Active LED Market Revenues, By Pixel Pitch, 2019-2029F (INR Crore)
5. India Active LED Market Revenues, By Indoor Technology, 2019-2029F (INR Crore)
6. India Active LED Market Revenues, By Product Category, 2019-2029F (INR Crore)
7. India Active LED Market Revenues, By Regions, 2019-2029F (INR Crore)
8. Major Ongoing Hotel Projects in India
9. Indian New Office Completion Rate, 2020 & 2021 (Million Sq ft.)
10. Import Price of LED Videowall, 2020
11. Import Price of LED Videowall, 2021
12. Import Price of LED Videowall, 2022
Companies Mentioned
- LG Electronics
- Samsung Electronics Co. Ltd
- Panasonic Life Solutions India Pvt. Ltd.
- Xtreme Media Pvt. Ltd.
- Delta Electronics
- Leyard Group
- Christie Digital Systems, Inc
- Barco
- Shenzhen Absen Optoelectronic Co. Ltd
- Unilumin
