Global Transparent LED Screen Market Overview:
The market for transparent LED screen is expected to grow at a significant pace owing to high adoption of digital advertisement and digital signage products across the world. The rising demand for LED screens for outdoor advertisements, promotional events, sport exhibitions, is expected to boost the growth of transparent LED screen market during the forecast period. Moreover the market is expected to witness double-digit compounded annual growth rate during the forecast period. In addition, growing awareness for energy saving technologies is another major factor aiding into the growth for transparent LED screen market globally.
- Growing Demand for Transparent LED Screens from Retailers & Franchise Outlets for Spreading Brand Awareness
- Growing Demand for Energy Saving Technologies Is Expected to Drive the Market for Transparent LED Screen Owing to Increasing Demand from Green Buildings & Green City Initiatives
- Growing LED Adoption Across Different End Use Industries for Different Applications Due to Technology Evolution
- Growing Demand Due to Increasing Urban Construction
- Higher Price
- Challenges in Customised Manufacturing
The demand for transparent LED screen is high in North America and Europe due to presence of very less number of manufacturing companies. Most of the transparent LED screen manufacturers are based in Asia Pacific region and the worldwide demand is catered by exporting the products from Asian countries to different regions. The vendors in this market are trying to expand their business by providing different innovative solutions for different applications.
Some of the key players profiled in the report are Shenzhen AuroLED Technology Co.,ltd (China), SHENZHEN HUAKE LIGHT ELECTRONICS CO., LTD. (China), ClearLED Ltd. (China), Shenzhen NEXNOVO Technology co.,ltd (China), Guojia Group (China), ShenZhen HTJ Technology Co., Ltd. (China), SHENZHEN LEDSINO OPTOELECTRONIC CO.,LTD. (China), LEYARD VTEAM (SHENZHEN) CO.,LTD (China), YDEA GROUP (China), SHENZHEN YUCHIP LIGHTING CO.,LTD (China), Shenzhen Lights Technology Co.,Ltd. (China) and ROE Visual (China). Additionally, following companies can also be profiled that are part of our coverage like SUNRISE LED TECHNOLOGY (India), Xtreme Media Pvt. Ltd. (India), Vision Display (India) and Osel Technology Pvt. Ltd. (India) . Analyst at AdvanceMarketAnalytics see China Vendors to retain maximum share of Global Transparent LED Screen market by 2025. Considering Market by Shape, the sub-segment i.e. Flat will boost the Transparent LED Screen market. Considering Market by Distribution Channel, the sub-segment i.e. Online will boost the Transparent LED Screen market. Considering Market by End Use, the sub-segment i.e. Curtain Walls will boost the Transparent LED Screen market.
In July 2019, ROE Visual announced the launch of their transparent LED screen product Vanish V8S tailored to meet the United States market demands
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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The top-down and bottom-up approaches are used to estimate and validate the size of the Global Transparent LED Screen market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Transparent LED Screen market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.