October 16, 2021

CHICAGO PIXELS

SEMICONDUCTOR RESEARCH CENTER

LED video wall revenue to rebound by 13.5% from $5.53bn in 2020 to $6.27bn in 2021

Affected by the emergence of the COVID-19 pandemic, global LED video wall revenue fell by 12.8% year-on-year in 2020 to $5.53bn, with the European and US markets suffering the most significant declines, according to market rsearch firm TrendForce. However, in 2021, as overall market demand recovers and certain components in the upstream supply chain undergo price hikes due to shortages, LED video wall manufacturers have raised their product prices in response, so revenue is expected to grow by 13.5% to $6.27bn…