Leyard, a global leader in visualization products, earned the No. 1
market share position in the $4.5 billion LED video display market, and
the No. 1 position in the fastest growing $1.6 billion narrow pixel
pitch LED video wall segment, according to two reports by Futuresource
Consulting. The analyses, which compared the 2017 performance of all
major video wall brands, confirmed Leyard’s No. 1 position, in addition
to the company’s increasing share and growth in the highly competitive
market.
Leyard was the market share leader in the narrow pixel
pitch LED video display market in 2017, following years of leadership
and share dominance in this category, which the company pioneered.
Leyard also captured the top position in the broader LED display market
that includes all pixel pitch sizes, including indoor and outdoor
products, covering a wide range of applications and customer segments.
Outdoor Led Rental Display
“We
are extremely proud to lead the global LED video display industry and
to have continued to build on past success,” said Zach Zhang, CEO of
Leyard International. “Our global organization remains committed to
driving innovation in the category and to supporting our customers all
over the world. We look forward to celebrating future successes as
Leyard continues to build solutions designed for a growing number of
display applications.”
These reports follow major video wall
product announcements from the company. This includes the launch of the
Leyard® DirectLight® X LED Video Wall System that brings advanced video
processing and intelligent management and control software to the
award-winning ultra-fine pitch LED video wall line. The Clarity® Matrix®
G3 LCD Video Wall System builds on the accomplishments of the
award-winning Clarity Matrix architecture, combining the industry’s
thinnest profile ultra-narrow bezel LCDs with industry-leading
improvements to video processing and off-board electronics. The company
also released Leyard® TVF Series, a family of fine pitch LED video wall
displays featuring front serviceability and a creative stackable design
eliminating cabinet-to-cabinet cabling. Further, the launch of the
Leyard® VersaLight™ Series introduced a versatile family of modular LED
displays available in pixel pitches ranging from 2.5 to 8 millimeters
and designed with flexibility to support a wide range of indoor and
outdoor applications.
“The LED display market continues to
experience tremendous growth worldwide,” said Chris McIntyre-Brown,
associate director at Futuresource Consulting. “As the category evolves,
we expect to see new trends expand across both indoor and outdoor
display technologies in a wide range of applications.”
Futuresource
announced its findings in two reports: the 2018 Futuresource Video Wall
Display Solutions Report and the Futuresource Global LED Display Market
Report. The Futuresource Video Wall Display Solutions Report for 2018
covered narrow pixel pitch LED, narrow bezel LCD and rear-projection
solutions while the Futuresource Global LED Display Market Report for
2018 reviewed narrow pixel pitch LED solutions, as well as rental,
standard and large indoor and outdoor LED display technologies.
According to the Futuresource Video Wall Report, the overall video wall
market stands at $6.4 billion and grew 47 percent from 2016 to 2017.
Planar, a Leyard Company, was also named the leader in the Americas
Control Room segment (34 percent market share) and the Americas
Corporate Vertical (35 percent market share) for narrow bezel LCD video
wall solutions.
The Wall