Published Date : Apr 10, 2017
ALBANY, New York, April 10, 2017: MarketResearchReports.biz has added a new market study to its repository, titled, “United States Small Pitch LED Display Market Report 2017"
The pitch of a LED screen is the distance between the pixels. Small Pitch LED Display have a pixel pitch of under 2.5mm, including P2.5, P2.0, P1.8, P1.5 P 1.2, P 1, P 0.7, etc. The report studies their market by throwing light on its important facets. It examines the market to understand its size, competitive dynamics, and growth prospects. Small pixel pitch LED displays steal a march over other technologies with the advantages in brightness, power, life, color and other things such as a self-luminous type of product.
At present, the market share of small pitch LEDs is modest but it is slated to grow at a good clip in the foreseeable future. Driving growth in the global small pitch LED display industry is the increasing spending capacity of people around the world on account of the economic growth picking up in major and minor nations. Besides, desire among people for better quality entertainment products is also generating sales.
Demand is being primarily driven by end-use segments such as shopping centers, retail stores, and indoor commercial spaces on account of the high resolution, clear, and crisp images accorded by small pitch LED displays. Countering their swift uptake, on the contrary, is their steep prices. However, with further progress in technology, their production cost will likely come down, thereby bringing down their market prices too.
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Small pitch LED display industry is primarily mainly by the demand from China. It is also seeing swift uptake in Southeast Asia, North America, and Europe. Emerging economies in South America are also contributing to the growth in the market. The 2016 Rio Olympics in Rio de Janeiro in Brazil, for example, pushed up sales for small pitch LED displays significantly. The Middle East is also emerging as a key market.
The report studies the global small pitch LED display in-depth and provides a qualitative reports of the growth drivers, restraints, and opportunities. It calculates the size of the market by factoring in the overall sales in different regions. It also studies the manufacturing processes, the technologies, and the overall production cost. Besides, the report analyzes the different marketing and distribution channels too.
It also sheds light on the current competitive dynamics by studying the prominent manufacturers in the industry, their marketing strategies, revenues, and market shares. It leverages market-leading analytical tools to uncover threats and opportunities for players. Some such key players that have been profiled in the report are Liantronics, Absen, Lamp Tech, AOTO Electronics, SiliconCore, Unilumin, and Leyard.
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