Emerging Transparent LED Display Market and Trends
The transparent LED display market is witnessing a boom as people are spending more on entertainment devices. As the disposable income of people is on the rise, they are spending more on luxury items such as LED televisions. Due to increased interest in custom LED displays, the market is expected to witness exponential growth between 2019 to 2027.
Another reason for this growth is the advancement of technology which is making it possible for the media industry to use outdoor rental LED display screens for advertisements. If you have a business interest in the transparent LED display industry this article will give you some insights into what the emerging market trends are expected to be.
As people are getting used to mobile devices, they are getting more inclined to respond to digital ads that are displayed through media like indoor LED displays. Let’s take a closer look at what market trends you must pay attention to.
Global LED Display Market: Competitive Analysis
The global transparent LED display market is getting extremely competitive due to the presence of several prominent players. As the world is embracing the technological shift in custom LED display screens, existing manufacturers are making it hard for new players to explore the opportunities in this competitive market. The global LED display market is expected to expand new players are resorting to mergers and partnerships to take on prominent players. By presenting a united front, new companies can capitalize on the huge demand for transparent LED display screens.
However, customers are the ones who are getting the most benefitted from the competition as they have the option to get custom LED display screens at competitive pricing. In a bid to stay ahead in the competition, LED display manufacturers are innovating and creating products with unprecedented quality and versatility.
During 2019 and 2027, we will continue to see exponential growth in the market for products and solutions. If you plan to launch a transparent LED display business as a vendor, this is the right time to enter the market with your product or service.
3D 4K LED Screens
When in January this year 2022, the Metro City, Xujiahui, Shanghai launched the biggest naked eye 3D LED display ball it gave rise to a whole new trend in the market. This 3D LED dome is created by putting together 3,888 high-definition 4K screens to create an unprecedented immersive experience for the onlookers.
Such 3D high-resolution LED displays will continue to be a trend in 2022. As the media industry is looking forward to engaging the audience on a much deeper level, display technologies like these are going to pave the way for the ultra-modernization of the LED display screen industry. Soon we can expect 4K outdoor rental LED displays to become common for advertisement at malls, hotels, public places, and events. While people are used to looking at transparent LED display which is flat, a dome-shaped 3D display offers limitless possibilities for advertisement, media, and film industry.
Rise of flexible LED screens
For decades now, flat LED display screens have dominated the shopping centers and public buildings to advertise. However, with the progress of the time and development of the internet custom LED display is getting common. Now advertisers are using a variety of screen types such as flexible LED screens and narrow pixel pitch LED screens that have expanded application possibilities. Even LED display manufacturers are recognizing the versatility and application of such custom LED displays. While flexible LED screens allow merchants to have indoor LED displays in any shape or size, the transparent LED display solutions are truly innovative. These displays can achieve 55-90% transparent display due to their hollow design structure and the side light-emitting technology. This is why they can be used as outdoor rental LED displays without changing, damaging, or obscuring the original structural features and aesthetics of the building.
Transparent LED display devices present possibilities to create exceptionally versatile and truly interactive devices. As LED displays are advancing backed with technologies like high-definition intelligence, AI, and diversity, they are hardly the traditional advertising displays as they once were.
In 2022, we will the emergence of a new class of custom LED display screens that will be used to create a highly interactive environment enabled by technologies like 5G, 3D display tech, AI and Metaverse. Brands love the idea of such possibility as such LED displays will bring customers closers to the brand because they can interact with their products. Transparent LED display is breaking free from the bottleneck of the advertising industry where brands have no way to get closer to their potential customers. Focus on the transparent LED display advancements to achieve superior business growth and brand promotion through interactive screens.
These are some of the fast-emerging trends, but we are optimistic about the growth of the industry and many new dimensions in the coming years.