Futuresource LED Market Report

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Enterprise and Professional AV

Date Published: 13 Sep 2024

The AV industry is in the midst of a significant emissive LED video wall technology transition. This is expected to reshape the professional display marketplace as well as consumer televisions.

This comprehensive LED display market report explores the ascendancy of the LED display sector, delivering an update on the global LED market size, as well as LED display market shares, providing a five-year outlook.

Our team of Futuresource analysts also provides commentary on the dynamics shaping LED market growth and LED market size, providing a strategic framework for enterprises with interests in the industry.

The total LED display market, including monochrome/tri-colour LED and LED video displays, witnessed slower than expected year-on-year improvement in 2023 but, based on H1 results, increasing growth in 2024 is expected. By 2028, Futuresource expects a global valuation of nearly $21 billion with a CAGR of 18.5% CAGR.

A significant Direct View LED technology transition is expected to reshape the Professional Display marketplace as well as Consumer Televisions. True MicroLED, also referred to as Chip on Glass (CoG), will be implemented as sub-100 micron chiplets mass transferred onto a TFT or glass backplane with active driver technology.

Conversely, MiniLED will be the Flip Chip variety of Chip on Board (CoB) and will be realised as 100 to 200 micron chiplets mass transferred directly onto printed circuit boards often combined with common cathode driver ICs to reduce power utilisation. Both package-less implementations, which leverage mass transfer versus pick-and-place, are expected to deliver significant cost savings compared to packaged variants Surface Mount Device (SMD) and Integrated Micro Device (IMD).

| Comprehensive PDF report

| Executive summary

| LED display technology trends

| Expected direction of MiniLED vs MicroLED

| Update on LED technology evolution

| Comparison of Pro AV display technologies

| Co-existence of MicroLED with MiniLED and SMD LED in pro AV

| Key component trends

| Micro LED display market

| Flip chip market

| LED chiplets landscape

| LED package supplier landscape

| SMD LED price trends

| Driver IC and backplane landscape

| Component supply and freight issues

| Importance of vertical integration

| Complete customer experience

| Chinese expansion

| Industry consolidation

| Pixel pitch trends

| Pro AV display technology trends

| LED video display global markets size

| LED video display product types and usage

| LED pricing trends

| LED video display global overview

| LED video display regional analysis

| LED competitive landscape macro trends

| LED competitive landscape

| LED competitive landscape – Chinese vendors

| LED competitive landscape – international brands

| Vendor shares

| Vertical markets in detail

| Monochrome and tri-colour LED display forecasts

| LED video display forecasts

| Monochrome and tri-colour LED display competitive landscape

| LED video display competitive landscape

| LED market sizing and value

| Market forecasts and commentary out to 2026

Futuresource has been regularly tracking, researching and consulting on the LED market since 2013, as part of its professional display technology portfolio.

Any enterprise operating within the LED display market and adjacent industries will benefit from this report, particularly:

| Manufacturers and their suppliers

| Resellers and VARs

| Intermediaries and supply chain

| Market strategists, marketing and sales professionals

| Investors