Control Rooms and Monitoring Segment to Dominate APAC Fine Pixel Pitch LED Displays Market during 2020–2028

According to a new market research study on “APAC Fine Pixel Pitch LED Displays Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Type and application,” is expected to reach US$ 2517.33 million by 2028 from US$ 738.44 million in 2021. The market is estimated to grow at a CAGR of 19.1% from 2021 to 2028. The report provides trends prevailing in the APAC Fine Pixel Pitch LED Displays Market along with the drivers and restraints pertaining to the market growth. Emerging Applications of Flexible LED Displays with Fine Pixel Pitch are the major factor driving the growth of the APAC Fine Pixel Pitch LED Displays Market. However, High Cost of Fine Pixel Pitch LED Displays and Lack of Knowledge hinder the growth of APAC Fine Pixel Pitch LED Displays Market.

APAC is characterized by many developing countries, high industrial presence, and positive economic outlook. Increasing urbanization and industrialization in these countries is presenting ample growth opportunities to the fine pixel pitch LED displays market players, as the investments in industrial and commercial development are quite high in the region. For instance, investment on smart city building as many countries are strategic planning that has a huge demand for fine pixel pitch displays. However, the ongoing COVID-19 pandemic is severely disrupting the growth of various sectors of APAC. It resulted in a slump in year-on-year performance and restricted corporate capital flows. The LED display manufacturing industry experienced low growth, as well as recession in first quarter of 2020. For example, in Shenzhen, one of the key LED display manufacturers in the world, ~80% companies had to lay off and reduce production to get through the difficult time. According to relevant data, in the second quarter of 2020, the revenue of LED display market in China increased by 34.6% month-on-month and 15.9% year-on-year, and small pixel pitch LED displays contributed a significant share to this performance. On the other hand, the rental LED display market is experiencing sluggish growth.

The APAC fine pixel pitch LED displays market is segmented on the bases of type, application. Based on type, the market is segmented upto 1–2 mm and ≤3 mm. In terms of application, the market is segmented into broadcast screens, digital signage, control rooms and monitoring, visualization and simulation, and others. In 2020, the 2mm to 1mm segment held the largest share APAC Fine Pixel Pitch LED Displays Market. Based on application control rooms and monitoring segment accounts for largest market share in the 2020.

Christie Digital Systems USA, Inc.; Daktronics; LEYARD; Sharp NEC Display Solutions of America, Inc;SHENZHEN ABSEN OPTOELECTRONIC CO., LTD; Shenzhen AOTO Electronics; SiliconCore Technology Inc; Unilumin are among the leading companies in the APAC fine pixel pitch LED displays market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2021, Jade Dragon Series, released at Absen Spring Online Product Launch in March, is a light, thin, and transparent LED display with high penetration rate, which suitable for shop windows and the glass curtain wall environment. JD series has 3 kinds of products, of which JD3.9 has two exterior designs of full frame and frame-less. The standard specification of the JD series is 1000mm * 500mm, but JD3.9 also provides a size of 500 mm* 500mm, and JD10 and JD16 also support customer customization, as to achieve more screen size flexibility.

The report segments the APAC Fine Pixel Pitch LED Displays Market as follows:

APAC Fine Pixel Pitch LED Displays Market – By Type

• Upto 3mm
• 2mm to 1mm

APAC Fine Pixel Pitch LED Displays Market – By Application

• Broadcast Screens
• Digital Signage
• Control Rooms and Monitoring
• Visualization and Simulation
• Others

APAC Fine Pixel Pitch LED Displays Market – By Country

• China
• Japan
• India
• South Korea
• Australia
• Rest of APAC