The large format display (LFD) market was valued at USD 9.51 Billion in 2016 and is expected to reach USD 14.93 Billion by 2023, growing at a CAGR of 6.7% between 2017 and 2023.

The increasing innovation in direct-view fine-pixel LED displays and their technological advantages are driving the growth of the Large Format Display (LFD) market.

For Free Sample PDF, click here: http://bit.ly/2rLWzk9

The market is also driven by factors such as availability of highly bright HD LFDs offering better stability, flexibility, sustainability, and environment resistance; increasing demand for brighter and power-efficient LFDs in several applications; and increased applications for digital signage.

This case study is based on, "Large Format Display (LFD) Market by Offering, Display Type (Video Wall & Standalone), Technology (LED-Backlit LCD, Direct-View LED, OLED, E-Paper), Size, Brightness Level, Application (Indoor & Outdoor), Vertical, and Region - Global Forecast to 2023"

LCD displays held the large market share in 2016, and the trend is expected to continue during the forecast period. However, this market share is expected to decline rapidly owing to the growth of direct-view fine-pixel LED technology. Currently, large-pixel LED displays are widely used in various outdoor applications, and with the high adoption rate of fine-pixel LED displays, both fine-pixel and large-pixel direct-view LED displays would hold a larger market share by 2023, surpassing the LCD technology.

Commercial industries held the largest market share in 2016 because of the rising installation large format displays in malls and shopping centers. However, infrastructural industries are expected to drive the growth of LFD market during the forecast period. Direct-view fine-pixel LED displays are expected to have a high demand in transportation, public places, sports, and entertainment venues during the forecast period. LFD players will find various opportunities in untapped and emerging applications in industrial manufacturing, BFSI, and education, industries.

North America, being technologically advanced and developed, is a leading market for cutting-edge display technologies such as direct-view LED and OLED and held the largest share of the market in 2016. The market in APAC is expected to grow at the highest rate due to the presence of major display panel manufacturers and various brand product manufacturers in the region.

For complete report brochure: http://bit.ly/2sAd7LU

The increased online/broadcast advertisement and deployment of wide screen alternatives such as projectors and screenless displays are the major restraints for the growth of the market. Major companies operating in the this market are Samsung Electronics Co., Ltd. (South Korea), LG Display Co., Ltd. (South Korea), NEC Corp. (Japan), Leyard Optoelectronic Co., Ltd. (China), Sharp Corp. (Foxconn) (Japan), Barco NV (Belgium), Sony Corp. (Japan), TPV Technology Ltd. (Hong Kong), among others.