LED Signage Board Market by Offerings (Hardware, Services, Software), Product (Standalone Display, Video Wall), Application - Global Forecast 2024-2030


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LED Signage Board Market by Offerings (Hardware, Services, Software), Product (Standalone Display, Video Wall), Application - Global Forecast 2024-2030


The LED Signage Board Market size was estimated at USD 21.78 billion in 2023 and expected to reach USD 23.29 billion in 2024, at a CAGR 7.19% to reach USD 35.43 billion by 2030.

Global LED Signage Board MarketLED signage boards are electronic display systems that employ LEDs to generate bright and energy-efficient visuals, ranging from advertising displays to informational signs. The market's growth is propelled by several key driving factors, including the increasing demand for visually appealing and energy-efficient advertising solutions. The longevity and durability of LED technology contribute to its widespread adoption. Moreover, advancements in LED technology, such as enhanced brightness and color capabilities, further drive market expansion. However, challenges such as initial installation costs and potential environmental impact pose obstacles to the widespread adoption of LED signage boards. Additionally, the standardization of LED display sizes and resolutions remains a challenge for the market. The growing trend of digital advertising, where businesses seek innovative and attention-grabbing displays, is expected to fuel the growth of the market. Furthermore, the increasing integration of smart features and interactivity in LED signage presents an opportunity for market players to differentiate their products and meet evolving consumer expectations, fostering a landscape of continual innovation and growth.Regional InsightsIn the Americas, the LED signage board market is thriving, fueled by increased investments in digital advertising and a growing preference for energy-efficient solutions. North and South American businesses are leveraging these displays for dynamic and attention-grabbing content, contributing to the market's expansion. In the Asia-Pacific region, the LED signage board market is flourishing due to rapid urbanization, surging demand for impactful advertising, and government initiatives promoting energy-efficient technologies. China, Japan, and India are focusing on large-scale digital displays in urban centers. In the EMEA region, the LED signage board market is experiencing substantial growth, particularly in retail, hospitality, and transportation sectors, driven by a demand for interactive and high-resolution displays. Stringent energy efficiency regulations in Europe are propelling the adoption of LED technology. Opportunities arise from the integration of LED signage in smart city projects and the ongoing digitization of various industries across the region.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the LED Signage Board Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the LED Signage Board Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the LED Signage Board Market, highlighting leading vendors and their innovative profiles. These include American LED Wall Company, APG Rentals by APG Media Group, Barco N.V., Christie Digital Systems Canada Inc. by Ushio, Inc., Creative Concepts, Daktronics, Inc., Electronic Displays Inc., Galaxy Signage, LED Craft Inc., LED Neon Sign Company, LEYARD VTEAM (SHENZHEN) CO., LTD., LG Electronics Inc., LIANTRONICS CO.,LTD., Lighthouse Technologies Limited, Neoti LLC, Panasonic Holdings Corporation, Pixel Led Wall (OPC) Private Limited, Planar Systems, Inc., Raghu Digitals, Shridher Arts, SKP Automation Systems, Sony Corporation, Spoorthy Creations, Toshiba Corporation, and VK Signage.

Market Segmentation & Coverage

This research report categorizes the LED Signage Board Market to forecast the revenues and analyze trends in each of the following sub-markets:

Offerings
Hardware
Services
Consulting Services
Installation Services
Maintenance & Support Services
Software
Product
Standalone Display
Billboards
Kiosks
Menu Boards
Signboards
Video Wall
Application
Commercial
Industrial
Infrastructural
Institutional
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the LED Signage Board Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the LED Signage Board Market?
3. What are the technology trends and regulatory frameworks in the LED Signage Board Market?
4. What is the market share of the leading vendors in the LED Signage Board Market?
5. Which modes and strategic moves are suitable for entering the LED Signage Board Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. LED Signage Board Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Growing use for advertising and marketing purposes
5.1.1.2. Rising restaurant technical services with digital signage installation
5.1.1.3. Investments in the production of LED signage boards
5.1.2. Restraints
5.1.2.1. High initial investment in LED signage boards
5.1.3. Opportunities
5.1.3.1. Integration of advanced features in LED signage boards
5.1.3.2. Introduction of power-efficient signage boards
5.1.4. Challenges
5.1.4.1. Complexities in the installation of LED signage boards
5.2. Market Segmentation Analysis
5.2.1. Offering: Expanding the usage of LED signage board software with the increased popularity of cloud-based solutions
5.2.2. Product: Rising adoption of video walls that offer a seamless and vibrant canvas for showcasing dynamic content
5.2.3. Application: Expanding applications of LED Signage Board across commercial sector as an effective and interactive medium
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. LED Signage Board Market, by Offerings
6.1. Introduction
6.2. Hardware
6.3. Services
6.4.1. Consulting Services
6.4.2. Installation Services
6.4.3. Maintenance & Support Services
6.4. Software
7. LED Signage Board Market, by Product
7.1. Introduction
7.2. Standalone Display
7.3.1. Billboards
7.3.2. Kiosks
7.3.3. Menu Boards
7.3.4. Signboards
7.3. Video Wall
8. LED Signage Board Market, by Application
8.1. Introduction
8.2. Commercial
8.3. Industrial
8.4. Infrastructural
8.5. Institutional
9. Americas LED Signage Board Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific LED Signage Board Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa LED Signage Board Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
12.3.1. Agreement, Collaboration, & Partnership
12.3.1.1. AFL Announces New Partnership To Deliver In-Stadium LED Signage
12.3.1.2. Dahua Technology and Deneva Join Forces in the Digital Signage Industry
12.3.2. New Product Launch & Enhancement
12.3.2.1. LG Enhances Its ‘All-in-One’ Lineup With New Micro LED Display for Productivity
13. Competitive Portfolio
13.1. Key Company Profiles
13.1.1. American LED Wall Company
13.1.2. APG Rentals by APG Media Group
13.1.3. Barco N.V.
13.1.4. Christie Digital Systems Canada Inc. by Ushio, Inc.
13.1.5. Creative Concepts
13.1.6. Daktronics, Inc.
13.1.7. Electronic Displays Inc.
13.1.8. Galaxy Signage
13.1.9. LED Craft Inc.
13.1.10. LED Neon Sign Company
13.1.11. LEYARD VTEAM (SHENZHEN) CO., LTD.
13.1.12. LG Electronics Inc.
13.1.13. LIANTRONICS CO.,LTD.
13.1.14. Lighthouse Technologies Limited
13.1.15. Neoti LLC
13.1.16. Panasonic Holdings Corporation
13.1.17. Pixel Led Wall (OPC) Private Limited
13.1.18. Planar Systems, Inc.
13.1.19. Raghu Digitals
13.1.20. Shridher Arts
13.1.21. SKP Automation Systems
13.1.22. Sony Corporation
13.1.23. Spoorthy Creations
13.1.24. Toshiba Corporation
13.1.25. VK Signage
13.2. Key Product Portfolio
14. Appendix
14.1. Discussion Guide
14.2. License & Pricing
FIGURE 1. LED SIGNAGE BOARD MARKET RESEARCH PROCESS
FIGURE 2. LED SIGNAGE BOARD MARKET SIZE, 2023 VS 2030
FIGURE 3. LED SIGNAGE BOARD MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. LED SIGNAGE BOARD MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. LED SIGNAGE BOARD MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. LED SIGNAGE BOARD MARKET DYNAMICS
FIGURE 7. LED SIGNAGE BOARD MARKET SIZE, BY OFFERINGS, 2023 VS 2030 (%)
FIGURE 8. LED SIGNAGE BOARD MARKET SIZE, BY OFFERINGS, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. LED SIGNAGE BOARD MARKET SIZE, BY PRODUCT, 2023 VS 2030 (%)
FIGURE 10. LED SIGNAGE BOARD MARKET SIZE, BY PRODUCT, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. LED SIGNAGE BOARD MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
FIGURE 12. LED SIGNAGE BOARD MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. AMERICAS LED SIGNAGE BOARD MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 14. AMERICAS LED SIGNAGE BOARD MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. UNITED STATES LED SIGNAGE BOARD MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 16. UNITED STATES LED SIGNAGE BOARD MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. ASIA-PACIFIC LED SIGNAGE BOARD MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. ASIA-PACIFIC LED SIGNAGE BOARD MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. EUROPE, MIDDLE EAST & AFRICA LED SIGNAGE BOARD MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. EUROPE, MIDDLE EAST & AFRICA LED SIGNAGE BOARD MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. LED SIGNAGE BOARD MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 22. LED SIGNAGE BOARD MARKET SHARE, BY KEY PLAYER, 2023

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