Press Release

India Indoor LED Display Market to Witness Highest Adoption from Shopping Malls

Rising demand for promotional activities and high-quality images displayed by Indoor LED displays to drive India indoor LED display market

According to TechSci Research report, India Indoor LED Display Market By Pixel Pitch, By Screen Size, By Mode of Sales, By Application, By Region, Competition, Forecast & Opportunities, 2025, India indoor LED display market is projected to grow at a steady CAGR of 19% during 2020 - 2025 owing to their growing use in shopping malls, conference room, etc., across the country. However, high investment cost for the installation of indoor LED displays can hamper the growth of market during forecast period, especially in 2020 on account of COVID-19 pandemic. Nevertheless, attractive features such as high-quality imaging and low operational costs are anticipated to propel the growth of indoor LED display market in India over the course of next five years.

Browse 28 market data Figures spread through 70 Pages and an in-depth TOC on "India Indoor LED Display Market"

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India indoor LED display market is segmented based on Pixel Pitch, Screen Size, Mode of Sales, Application, and Regional Distribution. Based on Pixel Pitch, the market can be categorized into P1.2, P1.5, P1.9, P2.5 and Others. P1.5 and P1.2 segments account for the largest market share, with both segments grabbing over 75% of the market in 2019, which can be attributed to technological advancements and better picture quality. Based on Screen Size, the market can be segmented into Below 100inch, 100-150 inch and Above 150 inch. The Above 150-inch segment of indoor LED display dominated the market in 2019 with highest market share and is anticipated to dominate over the next five years as well.

Based on Mode of Sales, the market is bifurcated into online and offline. The offline segmented is dominating mode of sales segment and is foreseen to dominate during the forecast years. Based on application segments, the market can be segmented into Shopping Mall, Control Room & Monitoring, Boardroom, Railway & Airport and Others. The Shopping Mall segment accounted for the largest market share in 2019 due to the growing popularity and adoption of indoor LED displays in the shopping malls. This segment is also anticipated to dominate the demand for indoor LED displays in India through 2025. The Others applications segment of the market comprises clubs, restaurants & theaters.

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In regional terms, India indoor LED display market is segmented into South, West, North and East. South region is the largest regional market in India indoor LED display market, followed by West, North and East regions. Similar regional trend is expected to prevail through 2025, however, indoor LED display adoption is expected to grow at a faster rate. Delta Electronics Pvt Ltd, Christie Digital Systems (India) Private Limited, Barco Electronics Systems Private Limited, Leyard Hong Kong International Co. Ltd, AOTO Electronics, Samsung India Electronics Private Limited, LG Electronics India Limited, Panasonic India Pvt. Ltd, and Others. “India indoor LED display market is projected to witness robust growth during the forecast period owing to the steady expansion and rising adoption across shopping malls, control room, conference rooms, railways & airports across the country.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

India Indoor LED Display Market By Pixel Pitch, By Screen Size, By Mode of Sales, By Application, By Region, Competition, Forecast & Opportunities, 2025 has evaluated the future growth potential of India indoor LED display market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in India indoor LED display market.

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