Market Forecast By Display Screen Types (Single Screens, Video Walls or Multi-Screen And Kiosk), By Applications (Indoor And Outdoor), By Verticals (Transportation, Retail, Hospitality, Healthcare, Banks & Financial Institutions (BFSI), Commercial Offices & Buildings And Others Including Education And Entertainment) And Competitive Landscape
Product Code: ETC072078 | Publication Date: Sep 2024 | Updated Date: Jan 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | Oman LED Commercial Display Market |
Forecast period | 2025-2031 |
CAGR | 10.5% |
Growing Sector | Retail |
The Oman LED Commercial Display Market Report thoroughly covers the market by Display Screen Types, Applications and Verticals. The Oman LED Commercial Display Market Outlook report provides an unbiased and detailed analysis of the ongoing Oman LED Commercial Display Market trends, opportunities/high growth areas, and market drivers. This would help stakeholders devise and align their market strategies according to the current and future market dynamics.
The Oman LED Commercial Display Market is expanding at an astonishing rate owing to the increasing demand for energy-efficient and environmentally-friendly solutions. Furthermore, the rising retail industry is complementing market growth. Leading players are concentrating on the innovation of new product development to retain supremacy in the market. In addition, the advancement in LED display technology is also pushing market growth. Overall, the Oman LED Commercial Display market offers significant growth and development opportunities.
According to 6Wresearch, the Oman LED Commercial Display Market is anticipated to grow at a CAGR of 10.5% during 2025-2031. One of the key drivers of the Oman LED Commercial Display Market is the rising demand of the energy efficient and sustainable solutions which is driving businesses towards using LED displays instead of conventional systems that have higher operational and maintenance cost. In addition, initiatives by governments to upgrade the outdated infrastructure and develop smart city projects have propelled demand for LED displays in public places as well as transportation hubs. Furthermore, increasing demand for advanced signage solutions in the retail industry to improve customer engagement and promote brand visibility is boosting market growth. Moreover, recent advances in LED display technology which have increased energy efficiency and extended the lifespan of these displays make them a more compelling prospect for businesses seeking to reduce operational costs while elevating their visual performance.
However, the Oman LED Commercial Display market faces many challenges that hinder its growth. One of the main issues currently is the capital costs in upfront investment that discourage so many businesses from switching to LED technology despite the potential for long term cost savings. In addition, the lack of understanding and awareness about LED displays creates a barrier to entry for potential users. Furthermore, the harsh environmental conditions in Oman such as high temperature and dust create additional concerns for the durability and maintenance of LED installations. Moreover, the market also struggles with a limited number of workers capable to properly install and service these sophisticated systems which makes widespread deployment even more challenging.
Key players of Oman LED Commercial Display Market are LG Electronics, Samsung Electronics, NEC Display Solutions, Panasonic Corporation, Leyard Optoelectronic Co., Ltd. and Daktronics, Inc. These companies have a major presence in the Oman market and offer many products & services to cater different business requirements. They also put a lot of money into research and development to further enhance their technology so that they can stay ahead from other competitors.
The Oman government has significantly influenced the growth of the LED Commercial Display market through strategic initiatives. One of the landmark initiatives is the National Digital Strategy aiming to modernize infrastructure across the country by fully integrating advanced digital technologies, most notably LED displays, within public spaces and business districts. Additionally, the long-term Oman Vision 2040 plan places emphasis on establishing sustainable urban development through actively encouraging widespread adoption of energy-efficient LEDs deployment to substantially reduce carbon emissions.
Furthermore, the all-encompassing Digital Oman Strategy seeks to optimize integration of digital solutions across diverse sectors, cultivating an environment highly conducive for progressive display technologies to thrive. Moreover, introducing tax incentives and subsidies for corporations investing in green solutions has stimulated significant investments in LED displays capable of powering a brighter future.
The Oman LED Commercial Display market is projected to expand substantially in the coming years. This growth is driven by growing requirement of environmentally friendly and energy efficient solutions. In addition to this, growth in the retail industry is supporting the market expansion. Key market players are focusing on launch of new innovative product development in order to maintain leading position in the market. Moreover, the growth in LED display technology is also propelling market growth. Overall, the future of the Oman LED Commercial Display market looks promising, with many opportunities for growth and development.
According to Ravi Bhandari, Research Head, 6Wresearch, the video walls or multi-screen segment is the dominant segment in the industry and will continue to grow in the coming years. This growth is due to their ability to deliver high-resolution content on a more massive scale which makes them perfect for any use from advertising, information display and entertainment.
Based on Applications, the indoor segment is the leading segment in the industry and will continue to grow in the coming years. This can be attributed to more frequent use of indoor displays in different applications like advertising, information display and entertainment.
In terms of Verticals, the retail segment is the leading segment in the industry and will continue to grow in the coming years. This growth is due to the advent of digital signage displays in retail stores for advertising, aesthetics and enhancing customer experience.
The report offers a comprehensive study of the subsequent market segments
1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights of The Report |
2.3 Market Scope & Segmentation |
2.4 Research Methodology – Sources of Information |
2.5 Assumptions |
3. Oman LED Commercial Display Market Overview |
3.1 Oman LED Commercial Display Market Revenues 2021-2031F |
3.2 Oman LED Commercial Display Revenue Share, By Verticals 2021 & 2031F |
3.4 Oman LED Commercial Display Market – Industry Life Cycle |
3.5 Oman LED Commercial Display Market - Porter’s Five Forces |
4. Oman LED Commercial Display Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. Oman LED Commercial Display Market Trends |
6. Oman LED Commercial Display Market Overview |
6.1 Oman LED Commercial Display Market Revenues 2021-2031F |
6.2 Oman LED Commercial Display Market Revenue & Volume Share, By Technology 2021 & 2031F |
6.2.1 Oman LED Commercial Display Market Revenues 2021-2031F |
6.2.1.1 Oman LED Commercial Display Market Revenues & Revenue Share, By Pixel Pitch Type 2021 & 2031F |
6.2.1.2 Oman LED Commercial Display Market Revenue & Volume Share, By Display Types 2021 & 2031F |
6.2.1.3 Oman LED Commercial Display Market Revenues and Volume, By Display Types 2021-2031F |
6.2.1.4 Oman LED Commercial Display Market Revenue Share, By Resolution 2021 & 2031F |
6.2.1.4.1 Oman LED Commercial Display Market Revenues, By Resolution 2021-2031F |
6.2.1.5 Oman LED Commercial Display Market Revenue Share, By Screen Size 2021 & 2031F |
6.2.1.5.1 Oman LED Commercial Display Market Revenues, By Screen Size 2021-2031F |
6.2.1.6 Oman LED Commercial Display Market Revenue Share, By Brightness 2021 & 2031F |
6.2.1.6.1 Oman LED Commercial Display Market Revenues, By Brightness 2021-2031F |
6.2.1.7 Oman LED Commercial Display Market Revenue Share, By Bezel 2021 & 2031F |
6.2.1.7.1 Oman LED Commercial Display Market Revenues, By Bezel 2021-2031F |
6.3 Oman LED Commercial Display Market Revenue Share, By Applications 2021 & 2031F |
6.3.1 Oman Indoor Commercial Display Market Revenues 2021-2031F |
6.3.2 Oman Outdoor Commercial Display Market Revenues 2021-2031F |
6.4 Oman LED Commercial Display Market Revenue Share, By Verticals 2021 & 2031F |
6.4.1 Oman LED Commercial Display Market Revenues, By Commercial Offices & Buildings Vertical 2021-2031F |
6.4.1.1 Oman Commercial Sector Outlook |
6.4.2 Oman LED Commercial Display Market Revenues, By Healthcare Vertical 2021-2031F |
6.4.2.1 Oman Healthcare Sector Outlook |
6.4.3 Oman LED Commercial Display Market Revenues, By BFSI Vertical 2021-2031F |
6.4.4 Oman LED Commercial Display Market Revenues, By Transportation Vertical 2021-2031F |
6.4.4.1 Oman Transportation Sector Outlook |
6.4.5 Oman LED Commercial Display Market Revenues, By Hospitality Vertical 2021-2031F |
6.4.5.1 Oman Hospitality Sector Outlook |
6.4.6 Oman LED Commercial Display Market Revenues, By Retail Vertical 2021-2031F |
6.4.6.1 Oman Retail Sector Outlook |
6.4.7 Oman LED Commercial Display Market Revenues, By Other Verticals 2021-2031F |
6.5 Oman LED Commercial Display Market – Key Performance Indicators |
6.5.1 Oman Government Spending Outlook |
6.5.2 Major Infrastructure Projects in Oman |
6.6 Oman LED Commercial Display Market Opportunity Assessment |
6.6.1 Oman LED Commercial Display Market Opportunity Assessment, By Types (2030F) |
6.6.2 Oman LED Commercial Display Market Opportunity Assessment, By Verticals (2030F) |
7. Oman LED Commercial Display Market Competitive Landscape |
7.1 Oman LED Commercial Display Market Revenue Share, By Company, 2024 |
8. Company Profiles |
8.1 LG Electronics, Inc. |
8.2 Panasonic Corporation |
8.3 Samsung Electronics Co., Ltd. |
8.4 BenQ Corporation |
8.5 NEC Display Solutions Europe GmbH |
8.6 Sharp Corporation |
8.7 Sony Corporation |
8.8 Pixcom Technologies LLC |
14. Startegic Recommendations |
15. Disclaimer |
Market Forecast By Display Screen Types (Single Screens, Video Walls or Multi-Screen And Kiosk), By Applications (Indoor And Outdoor), By Verticals (Transportation, Retail, Hospitality, Healthcare, Banks & Financial Institutions (BFSI), Commercial Offices & Buildings And Others Including Education And Entertainment) And Competitive Landscape
Product Code: ETC072078 | Publication Date: Apr 2022 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 80 | No. of Figures: 12 | No. of Tables: 8 |
Oman LED Commercial Display Market report thoroughly covers the market by display screen types, applications, and by verticals. The report provides an unbiased and detailed analysis of the ongoing market trends, opportunities, high growth areas, and market drivers which would help the stakeholders device and align their market strategies according to the current and future market dynamics.
Oman LED commercial display market has considerable growth prospects over the coming years. However, the sales of LED commercial display market witnessed a downfall in 2020 owing to the outbreak of the Covid-19 pandemic which led to a halting in economic activities in the country.
According to 6Wresearch, Oman LED Commercial Display market size grew at a CAGR of 4.5% during 2019-2025. The rising popularity of digital advertising in media and increasing expenditure on marketing are key factors driving the LED commercial display market in Oman. Further, as more firms start incorporating high-quality pictures and attractive designs of displays in their marketing strategies, this is expected to boost the demand of the commercial display market in Oman in the forecast period.
In terms of screen size, 40-55” LEDs dominated the overall market. Further, single-screen LEDs garnered a share of 39.6% in 2018, in terms of revenues; QSRs, small retail stores, banks, and commercial offices have emerged as the main areas of application for such LED displays in the country.
The report provides a detailed analysis of the following market segments: