Outdoor LED Displays Market, By Mounted Technology (Individually Mounted and Surface Mounted) By Color Display (Monochrome ,Tri-color and Full Color), By Application( LED Billboards, Perimeter LED Boards, LED Mobile Screen(1 to 30 sq. m., 31 to 60 sq. m. and 61 and above sq. m.), LED Traffic Lights, LED Video Walls (Indoor Modular Screens and Outdoor Modular Screens) and Other LED Matrix Displays), and by Region (North America, Latin America, Europe, APAC and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Outdoor light-emitting diode (LED) displays are composed of electronic products including LED billboards, mobile LED screens, LED video walls, perimeter LED displays, LED matrix displays. Outdoor LED displays are available in various sizes, resolutions, and color technologies according to consumer demand. LED displays are different from other displays by providing remarkable brightness, high intensity and high definition resolution in the screen. Outdoor LED display are used to provide various features such as energy efficiency, durability and environment friendliness. Outdoor LED displays saves more energy as compared to the predecessor technologies such as LCD and plasma. Moreover, the backlight source of LED display is made up of semiconductors helps in improving the durability of the display. Government of various countries such as China and India have started many initiatives and adopting LED displays to save efficiency of the energy. Thus, in turn increases the demand of global outdoor LED display market.
Market Dynamics
High demand for visualization technology and growing number of high profile sports are the factor driving the growth of global outdoor LED display market. LED display provides full HD resolution which increases the quality of the video by adopting advancement in the technology. Rising number of events such as promotion of brands, live concerts and sports events upsurges the demand of outdoor LED display technology. Apart from that, outdoor LED displays are used in various application including weather updates, match score and streaming live news. Sports events and music concerts are broadcast via television across the globe, thereby increasing visibility of LED advertising boards and displays such as LED scoreboards, LED perimeter displays, and stadium screens on television. For instance, in 2014, 12 stadiums were selected during the FIFA World Cup 2014 held in June–July 2014 in Brazil, and for the FIFA World Cup 2021 to be held in Russia, 12 stadiums were chosen with an average seating capacity of over 45,000.
Increasing number of high-quality construction projects such as multiplexes and shopping malls is expected to boost the global outdoor LED displays market. Rising number of commercial infrastructure construction such as shopping malls, multiplexes, and shopping complexes have increased the deployment of LED display matrix, LED billboards, and LED video walls. Advent of technologies enhanced construction activities of high-end shopping malls and complexes, wherein LED video walls, LED screens, and LED billboards are finding increased application of advertisements of their clients. Moreover, multiplexes are deploying high definition LED screens to project movies and videos as a part of paid advertisements for their clients. Thus, these factors are expected to propel the global outdoor LED displays market growth during the forecast period.
Market Taxonomy
This report segments the global outdoor LED displays market on the basis of by mounted technology, by color display, by application, and by region. On the basis of mounted technology, the global outdoor LED displays market is segmented into individually mounted and surface mounted. On the basis of color display, global outdoor LED displays market is segmented into monochrome, tri-color and full color. On the basis of application, global outdoor LED displays market is segmented into LED billboards, perimeter led boards, LED mobile screen(1 to 30 sq. m., 31 to 60 sq. m. and 61 and above sq. m.), LED traffic lights, LED video walls (indoor modular screens and outdoor modular screens) and other LED matrix displays. On the basis of region, global outdoor LED displays market is segmented into North America, Latin America, Europe, APAC, Middle East and Africa.
Key features of the study
This report provides an in-depth analysis of the global outdoor LED displays market and provides market size (US$ million) and compound annual growth rate (CAGR %) for the forecast period (2022 - 2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
It profiles leading players in the global outdoor LED displays market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered in the global outdoor LED displays market include LG Electronics Inc., Barco N.V., Galaxia Electronics, Daktronics Inc., Toshiba Corporation, Data Display Co. Ltd., Sony Corporation, EKTA Ltd., Electronic Displays Inc., Panasonic Corporation, Leyard Opto-Electronic Company Ltd., Lighthouse Technologies Ltd., and Shenzhen Dicolor Optoelectronics Co. Ltd.
These key market players are focusing on collaboration strategy with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology upgradation, market expansion, and marketing tactics
The global outdoor LED displays market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global outdoor LED displays market.
Detailed Segmentation:
1. Global Outdoor LED Displays Market, By Mounted Technology
Individually Mounted
Surface Mounted
1. Global Outdoor LED Displays Market , By Display Color
Monochrome
Tri-color
Full Color
1. Global Outdoor LED Displays Market , By Application
LED Billboards
Perimeter LED Boards
LED Mobile Screen
1 to 30 sq. m.
31 to 60 sq. m.
61 and above sq. m.
LED Traffic Lights
LED Video Walls
Indoor Modular Screens
Outdoor Modular Screens
Other LED Matrix Displays
1. Global Outdoor LED Displays Market, By Region
North America
Latin America
Europe
APAC
Middle East and Africa
Company Profiles
LG Electronics Inc. *
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Barco N.V.
Galaxia Electronics
Daktronics Inc.
Toshiba Corporation
Data Display Co. Ltd.
Sony Corporation
EKTA Ltd.
Electronic Displays Inc.
Panasonic Corporation
Leyard Opto-Electronic Company Ltd.
Lighthouse Technologies Ltd.
Shenzhen Dicolor Optoelectronics Co. Ltd.
*Browse all the market data tables and figures on “Global Outdoor LED Displays Market- Forecast to 2027”
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