LED technologies are positioned to become the dominant force in the professional displays market, which forms the largest component of the global pro AV industry, which was valued at $75bn in 2024, according to research from Futuresource Consulting.
The research firm’s Professional Displays Strategic Market Outlook report indicates that whilst LCD displays currently account for more than half of professional display value in 2025, LED is set to overtake this later in the decade. The shift is designed to be driven by falling average selling prices and technological advances including Flip Chip CoB, MiniLED and early-stage MicroLED architectures.
According to the report, LED video displays are opening up new use cases across corporate, education, control rooms, signage and experiential environments. The technology is designed to benefit from accelerating price erosion, particularly at ultra-narrow pixel pitches.
By contrast, LCD technologies face what Futuresource describes as a gradual long-term decline as competition intensifies and differentiation becomes harder to sustain. Projection displays continue to contract sharply in value, though the report suggests the technology retains relevance in applications where scalability, form factor and unique functionality remain important.
Jeremy Wills, principal analyst at Futuresource Consulting, said: “Professional displays has never been a single market, flowing forward in a single direction. But now, beneath the surface of strong overall growth, we’re seeing a technology mix that’s changing even faster. LED is redefining expectations around scale, brightness and flexibility, while established formats are being compelled to specialise and adapt, or die.”
Wills added: “This is not a simple story of winners and losers. We’re seeing a professional displays market that’s continually redefined by divergence. Commercial success increasingly depends on how manufacturers and vendors align technology capabilities with evolving customer needs, wherever they are. Whether that’s collaboration in education, immersion in experiential spaces, or reliability in mission-critical environments, end-user ease and satisfaction is becoming ever-more paramount.”
The report draws on Futuresource’s global tracking services and primary research conducted throughout 2025, providing analysis of market size, pricing trends, technology transitions and competitive dynamics across regions and verticals.
Futuresource expects value growth in the professional displays sector to continue through to 2029, though the company says the underlying drivers of that growth are evolving as the technology mix shifts.
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