The future of digital signage lies in the development and continuous improvement of LED screen panels. The unlimited potential boasted by LED displays is made possible due to these panels’ flexibility and durable characteristics. They can be put together like pieces of a puzzle without any frame. This is the reason why LED screen panels’ price can be costly.
Whether you plan to use it at home or for your business, LED screen panels can significantly impact both aspects. So it’s the high LED panel screen price is not surprising at all. It will be an investment for the business and can translate to ROIs after some time, in different forms including advertising and entertainment purposes. Statistics state that LED screen panels can last for as long as 10 years so when it’s treated as an investment, you can benefit from the profit for over a decade.
Investing in LED panels means much more than having the money for them. It’s even more than just inquiring about the LED display panel price and talking to the vendor about your purchase. It merits more understanding about these panels and what they can offer.
Exploring LED Screen Panels
An LED screen panel refers to an individual screen powered by light-emitting diodes designed to illuminate and display image and video patterns. When checking out the LED display panels price, you need to learn everything about them to make the most of their use and the investment when purchasing them.
LED screen panels are often used as store signs and for advertising and marketing. Since they can generate ROIs in the long run, it’s logical that the LED screen panels price is a bit on the high end.
LED panels come in two forms, the basic and more modern panels. Basic LEDs are the types that would usually be seen on televisions and computer screens while the more modern types are used in LED billboards and advertising displays. The second type refers to the more flexible panels that are often surface-mounted and controlled by a computer circuit board. With its more complex design, the LED screen panels price is understandably higher.
Standard LED Screen Panels Price To Expect
The LED screen panels price relies heavily on several factors that either increase or decrease the amount you have to pay. Since many elements can affect this amount, it may be difficult to pinpoint the accurate cost of the LED screen panels that can help you when you’re exploring your options, unless you go to the vendor for a quotation.
For the sake of providing an estimate, you will have to spend at least $40,000 and can go as high as $800,000. The LED screen panels price ranges from affordably low to considerably high. This is why it is important to talk to the supplier and vendor, to get a proper estimate of how much the LED display package is, especially since it can be made of several LED panels.
To give you an estimate on the price of each panel for rent, expect to spend around $70 to $140 per panel per day so you would have to spend more if you use more LED panels. So make sure to look into the options of either buying the LED panels or renting them for a short period.
Factors That Can Influence The LED Screen Panels Price
If you feel like you need to have a grasp on the rates you will have to face when you decide on purchasing the LED screen panels, the smartest move is to look closely at the different factors that can influence the LED screen panels price. Here are the factors that you need to look into more closely.
Types of LED Panels
LED panels come in different types, along with other price tags they come with. Compared to standard LED panels, SMD, curved, 3D, and transparent LED panels have different treatments for them to operate more effectively and so can also be more expensive in the process.
Standard LED panels are often 3 mm in diameter size while SMD panels have smaller diodes in diameter and so may come as more expensive. Curved LED panels have a slight surround effect and require specific handling, especially with their immersive experience. This may also come with a higher LED screen panels price. The same concept goes with transparent LED panels, which use specialized materials.
Larger LED displays will require more LED panels to use, which automatically translates to a higher LED screen panels price to pay in total. In this case, size does matter. In terms of marketing and advertising though, large screens may have a wider reach for the target market. This can further translate to faster ROI (return on investments) for businesses.
When using bigger LED LED displays, you will also need to consider the installation and accessories you will need for these panels.
The resolution of an LED panel can affect the quality of the images and videos displayed on the screens. A higher resolution usually means a higher LED screen panels price, which promises clearer and higher quality images. For instance, Ultra HD and 4K LED panels are considerably more expensive than standard LED screens.
The brightness of an LED panel can dictate whether you can use it indoors or outdoors. Brighter LED panels can function even when exposed to direct sunlight and so are more suited for outdoor installation. This often means that outdoor LED panels may have a higher cost.
Another factor that influences the LED screen panels price is the viewing angle. For LED displays, a wider view angle means that you can accommodate a larger audience to look at the screen. LED panels with a wider viewing angle typically have a higher cost since narrower viewing angles for LED screens can limit the number of people looking at the display.
Labor cost also needs to be considered, which can come in different ways as long as you hire some help when you use the LED screen panels. This can either be the installation fee or other operational services you will need to use the LED displays to the fullest. The equipment that this specialist will need is also taken into consideration.
All other customizations and add-ons you want to include in your LED display. From special features to additional accessories you might need to operate the display, these are extra costs you also need to consider on top of the LED screen panels price. Some of the accessories you might need for the installation are support beams, wall mounts, and racks.
Tips For Getting The Best Deal From LED Screen Panels
LED screen panels can be expensive and if you feel like your budget is just not enough, there are ways you can save money and get the best deals from your purchase. Here are some practical tips worth trying out.
- Choose rental instead of purchase – If you’re using the LED screen for an event, you don’t have to buy one. You can just rent the screen panels since you only need them for a short time.
- Wait for discounts and sales – The LED screen panels price can be expensive so if there are discounts and sales, make sure to grab that opportunity. Seasonal sales are always a good option but you can also check out stores that like putting sales and discounts up.
- Check out refurbished and used LED panels – While getting brand-new LED screen panels sounds great, you should consider buying used or refurbished panels to have a cheaper quotation.
- Go for a local vendor or supplier – If you’re looking for a lower LED screen panels price, your local vendors might be your best bet. Without the added charges for transportation and delivery, you will pay less than when getting them from somewhere far away.
- Adjust the specifications of the LED screen panels – A large LED display with high resolution and wide viewing angle provides a maximum target reach for advertising and marketing purposes is the ideal LED screen but it is an expensive purchase. If you have a tight budget, one thing you can do to lower the LED screen panels price is to adjust the specifications and lower the resolution or viewing angle.
- DIY both the delivery and installation of the panels – If you have your ride and you have technical knowledge about how LED screens work, choose to do all of these tasks yourself. Get the panels and pack them all in your car to avoid paying delivery fees. Get your hands on the panels to install them on your own so as not to pay the installation charges.
LED screen panels can only turn into an incredible investment if you have extra money you can spare for this financial venture. But if you have a limited budget, making practical economic decisions is the best step to take. The LED screen panels price is expensive so it can take a chunk out of your wallet.
Renting or purchasing LED screen panels can be expensive. The standard LED screen panels price has a wide range, with many factors to consider. While each LED panel may seem cheap, it becomes more expensive as you make the display bigger and more complex in design.
Look into the specifications you want for your LED screen and match them to your running budget. If they don’t match, adjust the specifications or follow the practical tips you can do to reduce the price to something you can afford.