Dual-digit 7 Segment LED Displays Market, Forecast and Segments, 2018-2028

Posted by ankush Nikam on October 23rd, 2019

Dual-digit 7 segment LED displays

Dual-digit 7 segment LED displays are used in electronic devices as an interaction media between the user and the system. They display decimal numerals and alphabets. Dual-digit 7 segment LED displays use Light-Emitting Diodes (LEDs) that produce more visual brilliance and greater light intensity. Dual-digit 7 segment LED displays usually have sixteen pins: eight on one side and eight on the other, below the display.

Dual-digit 7 segment LED displays are also used in multiple applications, which include digital clocks, electronic meters, basic calculators, lift displays, TVs, tablets, computer monitors and laptops screens, among others. Dual-digit 7 segment LED displays are widely used for commercial purposes, and their most significant benefits are enhanced efficiency and low energy consumption.

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Dual-digit 7 segment LED displays Market: Drivers and Challenges

One of the drivers of the dual-digit 7 segment LED displays market is the penetration of LED displays in various fields across the world, which is boosting the demand for dual-digit 7 segment LED displays for efficient lighting. Increase in the demand for dual-digit 7 segment LED displays has been witnessed over the past decade owing to the rising demand for efficient display. Another driver of the dual-digit 7 segment LED displays market is the easy availability of these displays due to the presence of several local players in each region. Moreover, the energy-efficiency of LEDs is another factor driving the global dual-digit 7 segment LED displays market.

At present, several automotive companies provide dual-digit 7 segment LED displays in vehicles to enable efficient gauging of speed and other parameters. Dual-digit 7 segment LED displays are mostly used in bikes, cars, trucks and many other vehicles.

However, electronic devices and other display-related methods are still not being used in certain developing regions of the world. This is hampering the dual-digit 7 segment LED displays market in these areas due to the low consumption of electronic items. In addition, most dual-digit 7 segment LED displays are limited to displaying 16 hexadecimal characters, which also acts as a restraint in 7 segment LED display market.

Dual-digit 7 segment LED displays Market: Segmentation

The dual-digit 7 segment LED displays market can be segmented on the basis of supply type and application.

By supply type, the dual-digit 7 segment LED displays market can be segmented into:

  • Less than 10 mA
  • 10 mA- 30 mA
  • 30 mA or more

By application, the dual-digit 7 segment LED displays market can be segmented into:

  • Digital calculators
  • Electronic meters
  • Odometers
  • Digital clocks
  • Others

Dual-digit 7 segment LED displays Market Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics of the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and product offerings
  • Potential and niche segments/regions exhibiting promising growth
  • A neutral perspective towards market performance
  • Must-have information for market players to sustain and enhance their market footprint

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ankush Nikam

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ankush Nikam
Joined: December 21st, 2016
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