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What is LED lighting market global value?
The global LED Lighting Market size was valued at USD 77.79 billion in 2021 and the market is projected to grow from USD 85.02 billion in 2022 to USD 264.08 billion by 2029, exhibiting a CAGR of 17.6% during the forecast period.
What is GCC LED Lighting Market size?
The GCC LED lighting market size reached US$ 784.3 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,531.6 Million by 2028, exhibiting a growth rate (CAGR) of 12.7% during 2023-2028. The increasing awareness among individuals about using green products, favorable government initiatives, and rising application in commercial places represent some of the key factors driving the market.
What is LED lighting UAE market value?
The UAE LED lights market size reached AED 3,623.9 million in 2022. Looking forward, IMARC Group expects the market to reach AED 7,613.1 million by 2028, exhibiting a growth rate (CAGR) of 12.85% during 2023-2028.
Why LEDs are the future?
By 2030, the Department of Energy estimates that LED-lighting could save 190-terawatt hours of electricity each year, which amounts to $15-billion. In addition, it's also been reported that LEDs can reduce carbon emissions by 100-million metric tons.
Why LEDs?
Even though there are numerous lighting options are available, LEDs having significant financial, practical, and environmental benefits that cannot be ignored in today’s world. Unlike other light sources, an LED light is comprised of a semiconductor, which is more easily produced and allows for more controllable and unique lighting solutions. Below are few points to help people understand why LEDs are rapidly becoming the world’s most preferred light.
What is a video wall?
A video wall (also known as display wall) is a large visualization surface consisting of multiple displays. Originally, they consisted of multiple televisions or monitors that were put closely together. The objective was to make it seem as one large display surface. The problem however was the large frame (or bezel) that surrounded the useful display surface of each television. This completely tore down the effect of a single canvas and ruined the visual performance. Therefore, new technologies were introduced to minimize the ‘dead pixel space’ between the different displays. Today’s display wall solutions are generally using tiled LCD panels, rear projection cubes, or direct view LED tiles. Typical application areas include control rooms, meeting rooms, digital signage and other demanding environments.
LED Video Wall Technology Trends in Digital Signage
In regards of the present trade situation, in order to gain attention to your business almost each thing is exhibited digitally. Companies are trying out to occupy the customers as much as attainable.
LED video wall display solution have sustained influential developments and variation over the last few years. Attributing to developed and latest generation highlights such as large mm pixel pitches and proven touch solutions, unlimited scalability, LED video wall displays are receiving achievements and finding uses in residential and commercial buildings and areas. In the ongoing digital technology period, LED video wall displays find prevailing acquisition in advertising & marketing. Such factors are developing high business opportunities across the globe.
Future of LED Displays
“As you can see, the future of LED displays is bright, and there is still a lot of potential for growth and innovation in the years to come. From higher resolutions to curved and flexible displays to more advanced interactive capabilities, there are many exciting developments on the horizon”.
