Sustainability is becoming a focal point in today’s
industries, driven by heightened regulations and an increasing
emphasis on ESG (Environmental, Social, and Governance) efforts. The
recent ISE (Integrated Systems Europe) event
shed light on significant trends in the AV industry, particularly
within the Large Format Display (LFD) sector.
The industry’s spotlight on sustainability is
more critical than ever, with organisations facing heightened ESG
reporting requirements. The ISE event highlighted shifts in product
design, logistics, energy use, and buying behavior as businesses aim
to reduce carbon emissions and create long–term value.
During a CONTEXT breakfast briefing at the event,
where a “How Sustainability will Unfold in the Large Format
Display Industry” keynote was delivered, a number of
interesting points were discussed, including:
-
The unexpected decline in the LFD market in 2023
raised concerns, with sustainability factors contributing to
the shift.
-
Maximising product life cycles
emerged as a strategy to keep carbon emissions low, aligning
with the new reporting regulations.
-
A
rise in Direct View LED Displays.
-
Direct View LED displays gained popularity due to their
superior energy efficiency and easier repairability.
-
USB–C integration in LFDs emerging as a more
energy–efficient solution, allowing charging, screen
sharing, and data transfer through a single cable.
Some organisations, including Epson, Lenovo, and
Sony, highlighted their commitment to sustainability through
initiatives like the Science Based Targets initiative (SBTi),
emphasising the industry’s growing focus on environmental responsibility.
While the ISE event was centered around AV
partners, the discussions around ESG and forecasts impact the entire
IT industry, from vendors to customers. Large Format Display
manufacturers and sellers were particularly concerned about market
forecasts, as the unexpected decline in 2023 led to cautious optimism
for 2024.
The ISE event provided valuable insights into the
AV industry's current landscape, with sustainability and market
forecasts taking center stage. The large number of meetings and
discussions on sustainability signals hope for a dynamic industry in
2024. At CONTEXT, we are continuing to expand our efforts and presence
at such events as part of our commitment to staying at the forefront
of industry trends.
For more industry updates and insights,
follow our CONTEXT
Europe page on LinkedIn or get in touch with our team.
