Europe video wall market is expected to grow at a substantial rate during the forecast period. The key factors that are anticipated to drive the Europe video wall market include surging implementation of display screens at public transportation and other places of mass gatherings and numerous benefits it offers like ease of maintenance, high flexibility, and performance. In addition to this, growing requirement to display multiple information regarding necessary requirements like arrival and departure of buses, trains as well as flights at stations and airports, information regarding many items in auditoriums, shopping malls, etc., is projected to boost the demand for video walls during the forecast years, thereby aiding the Europe video wall market.
The Europe video wall market is segmented based on product, vertical, application, country and company. Based on vertical, the market can be segmented into BFSI, retail, hospitality, transportation, healthcare and others. Until 2019, the retail segment accounted for maximum market share and is expected to offer lucrative growth opportunities to the market players that are involved in the value chain owing to increasing number of commercial spaces including malls and shopping complexes. Moreover, rapid advancements in technology, such as introduction of LED interactive video walls with higher definition picture quality and virtually bezel less displays, have influenced product adoption in retail segment in a positive way.
Major players operating in the Europe video wall market include Adflow Networks, AU Optronics Corp., Koninklijke Philips N.V., LG Display Co. Ltd., Navori SA, NEC Display Solutions, Omnivex Corporation, Panasonic Corporation, Samsung Electronics Co. Ltd, Sony Corporation, etc.
Years considered for this report:
Historical Years: 2015–2018
Base Year: 2019
Estimated Year: 2020
Objective of the Study:
- To analyze and forecast the market size of Europe video wall market.
- To classify and forecast Europe video wall market based on product, vertical, application, company and regional distribution.
- To identify drivers and challenges for Europe video wall market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Europe video wall market.
- To conduct pricing analysis for Europe video wall market.
- To identify and analyze the profile of leading players operating in Europe video wall market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the region. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the region.
TechSci Research calculated the market size of Europe video wall market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Mr. Ken Mathews
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