San Juan Capistrano, California – April 24, 2023. PMA Research (PMA), the worldwide market information experts on large displays, has been following Direct-View LED (dvLED) sales through U.S. Distribution and Pro AV channels since 2019. Pre-pandemic sales were skyrocketing, and sales have continued to show positive growth for the past three years as well.
Results shown through data collected from PMA’s monthly Distributor and Pro AV Tracking Service saw exponential growth in revenues for dvLED prior to the pandemic. 2019 saw revenues grow to more than five times 2018 sales levels. Even through the pandemic, growth continued with revenues in 2020, 2021 and 2022 increasing by 13%, 45% and 39% respectively.
Sales of dvLED have slowed down in the first quarter of 2023, but PMA feels this business remains vibrant, and there are plenty of bids in progress. Parts and labor shortages continue to delay large custom AV installations tied to renovation and construction projects. But these video walls are finding their way to corporate lobby installations, higher education lobby and way-finding displays, and entertainment venues, all which will fuel growth for this category.
As manufacturers and distributors continue to fine-tune bundled dvLED packages for “less-custom” use, the category will only continue to grow. In addition, a number of manufacturers have introduced all-in-one products which can be easily transported and used for any number of applications in a wide variety of settings.
PMA’s monthly All-Displays Distributor Tracking report offers timely sell-through data and analysis on unit sales and market trends of projectors and large-format flat panel displays sold by leading U.S. AV and IT Distributors. These reports are ideal for tracking product and channel trends.
About PMA Research
PMA Research (PMA) specializes in worldwide market information for the projector industry, including detailed and comprehensive coverage of High-End Projectors, Mainstream Projectors, and Pico Projectors. With a series of quarterly projector shipment and forecast reports along with monthly sales tracking, PMA publishes data-driven insights for projector manufacturers, component suppliers, accessory companies, and channel partners.
Expanded coverage of the display industry includes market information on U.S. Professional Large-Format Flat Panel Displays. PMA’s Flat Panel Tracking Reports offer timely sell-through data and analysis on unit sales, revenues, and true volume-weighted selling prices of Professional Large-Format Flat Panel Displays sold by leading N. American dealers, systems integrators, and distributors.
PMA Research was formerly Pacific Media Associates, which was established by Dr. William Coggshall. Dr. Coggshall was a co-founder of Dataquest (now part of Gartner) and helped start the syndicated high-tech market information business. PMA Research has offices in the United States, Europe, and Asia. The company’s US headquarters is located at 25852 Avenida Cabrillo, San Juan Capistrano, CA 92675. Phone: +1 (949) 493-4601. www.pmaresearch.com