Analysis of the global videowall industry has found that it is experiencing renewed growth, with around 380,000 units expected to be sold in 2012, reaching year-on-year growth of around 60 per cent.
Parmjit Bhangal, a market analyst for Futuresource Consulting, which carried out the research, said that the integration of LED backlight solutions into rear projection displays have been growing in popularity since 2009.
He added, “However, LCD super narrow bezel displays (SNBs) have been the real game-changer, finally offering a viable alternative to rear projection devices and plasma screens, allowing vendors to drive new revenue streams from new markets, most notably retail and public display, as well as defending their positions in video-based verticals.”
The research showed that rear projection technology is still a dominant force in control rooms and for broadcast purposes. In control rooms rear projection technology accounted for 85 per cent of sales last year, although demand for SNBs significantly grew as well.
Bhangal said that the technology demands varied from country to country, with the demand for rear projection technology in the broadcast market skewed heavily towards the Asia-Pacific market. He added that strong double-digit growth is likely to continue over the next three years, with sales of one million achievable by 2015.