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: ETC072075 | Publication Date: Aug 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 3 |
Report Name | UAE LED Commercial Display Market |
Forecast period | 2025-2031 |
CAGR | 8.5% |
Growing Sector | Retail |
The UAE LED Commercial Display Market Report thoroughly covers the market by Display Screen Types, Display Screen Technology, Applications and Verticals. The UAE LED Commercial Display Market Outlook report provides an unbiased and detailed analysis of the ongoing UAE 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 UAE LED Commercial Display market is advancing with the phenomenal pace owing to increasing urbanization and infrastructure development in UAE. Additionally, the flourishing retail sector drives market expansion. Key companies are prioritizing innovation and partnerships for market dominance. Furthermore, technological improvements in LED are also expected to drive the growth of market. Overall, the UAE LED Commercial Display market offers significant growth and development opportunities.
According to 6Wresearch, the UAE LED Commercial Display Market is anticipated to grow at a CAGR of 8.5% during 2025-2031. One of the key drivers of the UAE LED Commercial Display Market is the rapid urbanization and infrastructural development in the region which have led to an increase in demand for advanced digital signage solutions. In addition, several government initiatives to convert the United Arab Emirates into a smart city hub support wide-scale deployment of modern LED displays in many sectors. Furthermore, the growing retail sector with more focus on improving customer interaction and experience through interactive & visually aesthetic displays is augmenting market growth. Moreover, improvements in LED technology have made the images clearer and more durable, encouraging businesses to update their display systems.
However, the UAE LED Commercial Display market faces many challenges that hinder its growth. A key issue is the relatively high upfront investment which prevent small and medium enterprises from adopting LED solutions. In addition, the rapid technological changes that are constantly taking place in market have reduced product lifecycles, creating a constant need for companies to upgrade. Furthermore, the competition from international players is providing tough time to local firms fighting for a fair share in the market. Moreover, the market also struggles with a deficit of workers skilled in the setup and upkeep of sophisticated systems.
Key players of UAE LED Commercial Display Market are Samsung, LG, Panasonic, Sony, Philips, and NEC Corporation. These companies have a major presence in the UAE market and are constantly investing in research and development to improve the design and functionality of their LED displays. They also offer a wide range of products catering to different business needs and requirements.
The government of UAE has implemented numerous strategic initiatives intended to significantly influence the expansion of the LED Commercial Display market. One of the most visionary initiatives is the "UAE Smart City Vision," which aims to seamlessly integrate cutting-edge LED displays into civic infrastructure to bolster public services and enhance quality of life for citizens. In addition, the "Green Economy for Sustainable Development" initiative strongly advocates for the deployment of energy-efficient LED technologies to reduce carbon footprints as well as cultivate sustainability. Furthermore, the multi-faceted "National Innovation Strategy" strives to position the UAE on the global stage as a hub of innovation, nurturing breakthroughs in digital signage and display technologies. Moreover, the government has instituted “Green Building Regulations” mandating that new constructions make extensive utilization of eco-friendly options such as LED displays.
The UAE LED Commercial Display market is projected to expand substantially in the coming years. This growth is supported by rising urbanization and infrastructure development in UAE. Moreover, burgeoning retail industry propel the market extension. The leading companies are focusing on innovation and partnerships to gain market share. Also, the improvements in LED technology are another factor that would further propel market growth. Overall, the future of the UAE 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 the growing usage of video walls for large advertising and entertainment applications plus their capacity to produce eye-catching scenes that can capture anyone's attention just by passing through.
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 the growing use of indoor LED displays in shopping malls, airports, hotels and other Indoor spaces used for advertising and branding purposes.
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 escalating application of LED displays in retail outlets for attracting customers, exhibiting products and creating a memorable purchasing 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. UAE LED Commercial Display Market Overview |
3.1 UAE LED Commercial Display Market Revenues 2021-2031F |
3.2 UAE LED Commercial Display Revenue Share, By Verticals 2021 & 2031F |
3.4 UAE LED Commercial Display Market – Industry Life Cycle |
3.5 UAE LED Commercial Display Market - Porter’s Five Forces |
4. UAE LED Commercial Display Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. UAE LED Commercial Display Market Trends |
6. UAE LED Commercial Display Market Overview |
6.1 UAE LED Commercial Display Market Revenues 2021-2031F |
6.2 UAE LED Commercial Display Market Revenue & Volume Share, By Technology 2021 & 2031F |
6.2.1 UAE LED Commercial Display Market Revenues 2021-2031F |
6.2.1.1 UAE LED Commercial Display Market Revenues & Revenue Share, By Pixel Pitch Type 2021 & 2031F |
6.2.1.2 UAE LED Commercial Display Market Revenue & Volume Share, By Display Types 2021 & 2031F |
6.2.1.3 UAE LED Commercial Display Market Revenues and Volume, By Display Types 2021-2031F |
6.2.1.4 UAE LED Commercial Display Market Revenue Share, By Resolution 2021 & 2031F |
6.2.1.4.1 UAE LED Commercial Display Market Revenues, By Resolution 2021-2031F |
6.2.1.5 UAE LED Commercial Display Market Revenue Share, By Screen Size 2021 & 2031F |
6.2.1.5.1 UAE LED Commercial Display Market Revenues, By Screen Size 2021-2031F |
6.2.1.6 UAE LED Commercial Display Market Revenue Share, By Brightness 2021 & 2031F |
6.2.1.6.1 UAE LED Commercial Display Market Revenues, By Brightness 2021-2031F |
6.2.1.7 UAE LED Commercial Display Market Revenue Share, By Bezel 2021 & 2031F |
6.2.1.7.1 UAE LED Commercial Display Market Revenues, By Bezel 2021-2031F |
6.3 UAE LED Commercial Display Market Revenue Share, By Applications 2021 & 2031F |
6.3.1 UAE Indoor Commercial Display Market Revenues 2021-2031F |
6.3.2 UAE Outdoor Commercial Display Market Revenues 2021-2031F |
6.4 UAE LED Commercial Display Market Revenue Share, By Verticals 2021 & 2031F |
6.4.1 UAE LED Commercial Display Market Revenues, By Commercial Offices & Buildings Vertical 2021-2031F |
6.4.1.1 UAE Commercial Sector Outlook |
6.4.2 UAE LED Commercial Display Market Revenues, By Healthcare Vertical 2021-2031F |
6.4.2.1 UAE Healthcare Sector Outlook |
6.4.3 UAE LED Commercial Display Market Revenues, By BFSI Vertical 2021-2031F |
6.4.4 UAE LED Commercial Display Market Revenues, By Transportation Vertical 2021-2031F |
6.4.4.1 UAE Transportation Sector Outlook |
6.4.5 UAE LED Commercial Display Market Revenues, By Hospitality Vertical 2021-2031F |
6.4.5.1 UAE Hospitality Sector Outlook |
6.4.6 UAE LED Commercial Display Market Revenues, By Retail Vertical 2021-2031F |
6.4.6.1 UAE Retail Sector Outlook |
6.4.7 UAE LED Commercial Display Market Revenues, By Other Verticals 2021-2031F |
6.5 UAE LED Commercial Display Market – Key Performance Indicators |
6.5.1 UAE Government Spending Outlook |
6.5.2 Major Infrastructure Projects in UAE |
6.6 UAE LED Commercial Display Market Opportunity Assessment |
6.6.1 UAE LED Commercial Display Market Opportunity Assessment, By Types (2030F) |
6.6.2 UAE LED Commercial Display Market Opportunity Assessment, By Verticals (2030F) |
7. UAE LED Commercial Display Market Competitive Landscape |
7.1 UAE 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 |
9. Startegic Recommendations |
10. 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: ETC072075 | Publication Date: Apr 2022 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 80 | No. of Figures: 12 | No. of Tables: 8 |
UAE 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 devise and align their market strategies according to the current and future market dynamics.
UAE 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, UAE LED Commercial Display market size witnessed a negative CAGR of (3.4%) during 2019 -2025. The growth of the LED commercial display market is expected to remain steady in the coming years on account of various infrastructural projects being finalized for the World Expo 2020.
In terms of screen size, 40-55” LEDs dominated the overall market. Additionally, in 2018, LED commercial displays captured 60% revenue share of the total market size owing to the wide variety of offerings available in this segment, such as transparent LED curtains, touch screens, rotating LED triangles, and rotating video walls, which cater to the demands of almost all industry types.
The report provides a detailed analysis of the following market segments: