Futuresource LED Market Report

Report Enquiry View Report

Enterprise and Professional AV

Date Published: 05 Dec 2023

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, achieved revenues of $8.5 billion in 2022, representing a year-on-year increase of nearly 11%. Futuresource expects this figure to climb to $9.3 billion in 2023, and exceed $20 billion by 2027.

While growth rates varied between market verticals, all eight of them recorded growth in 2022. Futuresource expects this trend to continue in 2023 and throughout the five-year forecast period to 2027.

Looking to the technology types, SMD, MiniLED and True MicroLED will coexist in the market for the foreseeable future, all underpinned by different implementations of combining Red, Blue Green (RGB) chiplets into pixels.

At the region level, APAC (including China and RoAPAC) remained the largest world region, representing nearly two-thirds of the global market. The Americas was the fastest-growing region, achieving growth rates of nearly 19%, and will continue to grow at the fastest rate throughout the five-year forecast period.

| 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