Global LED Video Wall Market in 2019

According to the latest research report from LEDinside's "2019 Global LED Video Wall Market Outlook - Movie, Rental Market, and Price Trends", the demand for the LED market, including rental market, HDR market applications, retail and conference room promotion, is expected to reach $9.349 billion in global LED display screens by 2018 to 2022, with a compound annual growth rate of 12%. The indoor fine pitch display is expected to reach 1.997 billion US dollars in 2018, a year-on-year increase of 39%. The compound annual growth rate from 2018 to 2022 will reach 28%, due to the continuous development of ultra-fine pitch displays in the future.

Retail and hotel, as well as entertainment and drama, are expected to achieve significant growth.

Based on the application of LED fine pitch displays, they can be divided into six categories: broadcasting (studios), security and control rooms, enterprise and education (company meeting rooms, school and training college classrooms, etc.), retail (high-end retail), shopping centers, public areas and transportation (airports, subways, public squares), hotel entertainment and drama (cultural and entertainment centers, such as hotels and theaters).

With the increasing maturity of fine pitch display technology, the pixel spacing of outdoor displays is also becoming smaller and more refined. Due to its relatively low base, it is expected that the market size will reach around 521 million US dollars in 2022, with a compound annual growth rate of 35% from 2018 to 2022.

The HDR display market includes cinemas, home theaters, bars, and theme parks

There are three major development trends in the cinema market, including a trend of replacing old equipment, differentiated positioning of the market and products, and effective management of operations and funds.

In terms of alternative markets, laser light sources have advantages in brightness, product lifespan, and color saturation. The 30000lm 4K RGB laser projector will become a key product in the high-end projection market for five years.

The new cinema installation market emphasizes market segmentation and product differentiation positioning. The definition of a high-end cinema is to provide high-quality images, immersive image display, and immersive sound effects. In terms of image display, high-definition cinemas will become a competitive market for projector manufacturers and LED display screen manufacturers. Compared to the total price of a 4K RGB laser projector with a screen ($100000), the price of LED display products is much higher, and the future trend is likely to shift towards P1.9 high-precision displays.