Global LED Billboard Market Growth 2023-2029

Global LED Billboard Market Growth 2023-2029

LED Billboard is a flat panel display, which uses an array of light-emitting diodes as a video display. An LED panel is a small display, or a component of a larger display. They are typically used outdoors in store signs and billboards.

The billboard, a mainstay of outdoor advertising has entered the realm of high-tech in the form of an LED billboard media format. When viewed, the electronic LED billboards appear similar to a print (or static) billboard except for one small detail: every six to eight seconds the sign face changes to display a brand new advertising message.

LPI (LP Information)' newest research report, the “LED Billboard Industry Forecast” looks at past sales and reviews total world LED Billboard sales in 2022, providing a comprehensive analysis by region and market sector of projected LED Billboard sales for 2023 through 2029. With LED Billboard sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world LED Billboard industry.

This Insight Report provides a comprehensive analysis of the global LED Billboard landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on LED Billboard portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global LED Billboard market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for LED Billboard and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global LED Billboard.

The global LED Billboard market size is projected to grow from US$ 3779.5 million in 2022 to US$ 6385.7 million in 2029; it is expected to grow at a CAGR of 6385.7 from 2023 to 2029.

The main manufacturers of the global LED billboard market are Daktronics, Unilumin, ABSEN and so on. The first three manufacturers account for about 20% of the market share.

Asia Pacific is the largest LED billboard market with a market share of about 45 percent, followed by North America with about 25 percent.

This report presents a comprehensive overview, market shares, and growth opportunities of LED Billboard market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Single Base Color LED Billboard
Double Base Color LED Billboard
Full Color LED Billboard

Segmentation by application
Indoor
Outdoor

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Daktronics
Unilumin
Absen
Liantronics
Barco
Watchfire
Leyard
Lighthouse
Sansitech
AOTO
Ledman
Lopu
Yaham
Optec Display
Szretop
Mary
QSTech
Teeho

Key Questions Addressed in this Report

What is the 10-year outlook for the global LED Billboard market?

What factors are driving LED Billboard market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do LED Billboard market opportunities vary by end market size?

How does LED Billboard break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.