Leyard now occupies the number one market share position in the LED video display market, and the number one position in the narrow pixel pitch LED videowall segment, according to two reports by Futuresource Consulting.
Leyard was the market share leader in the narrow pixel pitch LED video display market in 2017. 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.
"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 organisation 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."
"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 videowall market stands at $6.4 billion and grew 47 percent from 2016 to 2017.