North America Fine Pixel Pitch LED Displays Market is expected to reach US$ 1323.02 million by 2028

2mm to 1mm Segment to Dominate North America Fine Pixel Pitch LED Displays Market during 2020–2028

According to a new market research study on “North America 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$ 1323.02 million by 2028 from US$ 407.65 million in 2021. The market is estimated to grow at a CAGR of 18.3% from 2021 to 2028. The report provides trends prevailing in the North America Fine Pixel Pitch LED Displays Market along with the drivers and restraints pertaining to the market growth. Surge in Adoption of Fine Pixel Pitch LED Displays in Developing Countries are the major factor driving the growth of the North America Fine Pixel Pitch LED Displays Market. However, High Cost of Fine Pixel Pitch LED Displays and Lack of Knowledge hinder the growth of North America Fine Pixel Pitch LED Displays Market.

North America is one of the leading regions in terms of the developments and adoption of new technologies; this is mainly attributed to favorable government policies that boost innovation and strengthen the infrastructure capabilities. Hence, any impact on the growth of industrial sector hampers the economic growth of the region. Presently, the US is the world’s worst affected country due to COVID-19 outbreak. The increase in spending on digital display advertising and out-of-home advertising by most of the major brands in the US and Canada is a key factor driving the growth of fine pixel pitch LED displays in the region. The market players in North America are also open to the critical supply and supply chain. However, the imposition of lockdown and shutdown of businesses adopted have decelerated the production of fine pixel pitch LED displays. Thus, limited availability of workforce, coupled suspension of various operations, has resulted in a substantial loss in the North America fine pixel pitch LED display market.

The North America 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 North America 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; NanoLumens; PixelFLEX; 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 North America 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, The Christie lineup of indoor LED video walls is fast becoming the preferred choice of clients in India from various market segments – Because of their high-performance, versatility, and flexibility. More than 20 large-sized video walls with pixel pitches of less than 2mm have been installed in corporate, financial, information technology, medical, and healthcare facilities, as well as educational institutions

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

North America Fine Pixel Pitch LED Displays Market – By Type

• Upto 3mm
• 2mm to 1mm

North America Fine Pixel Pitch LED Displays Market – By Application

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

North America Fine Pixel Pitch LED Displays Market – By Country

• US
• Canada
• Mexico