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Global LED video display market projected to grow despite rising component costs
The global LED video display market is navigating a period of transition characterized by rising component costs and trade tensions. While shipments rose 3.3% year-on-year in the second quarter of 2026, revenue saw a slight decline of 0.2% due to industry pressures.
Research from Omdia and Global Reports indicates that despite near-term challenges, the market is poised for significant growth. The outdoor full-color LED display segment is projected to grow from $2.196 billion in 2025 to $2.376 billion in 2026, with a compound annual growth rate (CAGR) of 9.1% through 2032. More broadly, Omdia forecasts an 11.6% CAGR for global LED video display revenue between 2026 and 2030.
Manufacturers are responding to increased costs for LED chips, driver ICs, and PCBs by shifting focus toward higher-value, premium products that offer improved energy efficiency and reliability. To mitigate supply chain risks and manage costs, companies are expanding regional manufacturing. For instance, Daktronics is investing in a new facility in Saltillo, Mexico, to better serve regional requirements and manage tariffs.
Entities
Cindy Liu · Daktronics · Global Reports · Omdia · Saltillo
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 2 SOURCES] Daktronics is investing in a new manufacturing facility located in Saltillo, Mexico. arabianreseller.com · www.emsnow.com
- [● 3 SOURCES] The global LED video display market is projected to achieve an 11.6% compound annual growth rate in revenue from 2026 to 2030. arabianreseller.com · www.emsnow.com · www.go4it.ro
- [● 3 SOURCES] Several brands have implemented three to four rounds of price increases, with cumulative adjustments between 3% and 30%. arabianreseller.com · www.emsnow.com · www.go4it.ro
- [● 3 SOURCES] Manufacturers have experienced significant increases in component costs, including LED chips, driver ICs, PCBs, and power supplies, since late 2025. arabianreseller.com · www.emsnow.com · www.go4it.ro
- [● 3 SOURCES] In the second quarter of 2026, global LED video display shipments increased by 3.3% year-on-year, while revenue decreased by 0.2%. arabianreseller.com · www.emsnow.com · www.go4it.ro