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Outdoor LED Display Market: Deep Company Profiling of Leading Players 2020-2024

Author : Ronak Bora | Published Date : 2020-09-11 

Outdoor LED display market growing inclination of established corporate brands to advertise products with LED displays will positively boost. Rising demand for billboards with wireless connections (for regularly changing content) and high resolution displays for scoreboards, hoardings, stadium screens, etc., will fuel the industry trends.

Outdoor LED display market players often engage in product innovation to be able to cater to corporate demands. For instance, Panasonic, which is already an official partner of the Rio 2016 Olympics and the Rio 2016 Paralympics, recently announced that the company will supply large outdoor LED displays systems to the Live Site, an outdoor entertainment area in Rio de Janeiro, to enhance the audience experience of viewing the Games.

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LED displays are manufactured with the help of PCBs, PBBs, LED tiles, LED lights, data collectors, driver chips, cabinets, and back covers. With advertising gaining high ground for company expansion, corporations are vying with one another to advertise their product offerings in the best ways. This leads to high demand for OLEDs for stadiums, traffic signals, weather forecast, corporate events, cabs, and video walls. Outdoor LED Display Market will be valued at USD 22.4 billion by 2024, growing at an impressive CAGR of more than 20% over 2016-2024.

Technologically, OLEDs can be either individually mounted or surface mounted. Surface mounted outdoor LED display market is anticipated to increase at a CAGR of 26.5% over the period of 2016-2024. This technology is gaining popularity over its counterpart due to high density and enhanced mechanical performance, and is slated to exhibit remarkable growth prospects in the coming years.

Top Key Players In Outdoor LED Display Market are Barco NV, Daktronics, Data Display Co Ltd, Buchi Labortechnik AG, Electronic Displays, Leyard Opto Electronic Co, LG Electronics, Lighthouse Technologies, Panasonic, Shenzhen Dicolor Optoelectronics Ltd, Sony Corporation, Toshiba

OLEDs are gaining prominence globally due to their increased application scope. North America covered more than 19% of the overall revenue share in 2015, with U.S. being the key contributor, having covered more than 50% of the regional industry share.

U.S. outdoor LED display market will be valued for more than USD 2.5 billion by 2024, driven by growing implementation of LEDs across prime locations (Times Square and the Broadwalk). The deployment of interactive screens embedded with 3D technology at bus and train stations and the demand for custom-made solutions will also fuel industry growth over 2016-2024.

High infrastructural development coupled with the increased number of sporting events will act as the key drivers for China outdoor LED display market, which registered a revenue of USD 1.18 billion in 2015.

India is emerging as a global sports hub, which will prompt the usage of outdoor LEDs for sporting events, stadiums, mobile panels, and billboard advertising. This, in turn will impel India outdoor LED displays industry growth over the years to come. Supported by India and China, APAC outdoor LED display market, having recorded a revenue of more than USD 1 billion in 2015, will grow at a CAGR of 25% over 2016-2024.

Table Of Content:

Chapter 4.     Outdoor LED Display Technology Insights

4.1.     Outdoor LED display market share by technology, 2015 & 2024

4.2.     Individually Mounted

4.2.1.    Market estimates and forecasts by region, 2013 - 2024

4.3.     Surface Mounted

4.3.1.    Market estimates and forecasts by region, 2013 - 2024

Chapter 5.     Outdoor LED Display Application Insights

5.1.     Outdoor LED display share by application, 2015 & 2024

5.2.     LED Billboards

5.2.1.    Market estimates and forecasts by region, 2013 - 2024

5.3.     Perimeter LED boards

5.3.1.    Market estimates and forecasts by region, 2013 – 2024

5.4.     LED Mobile Panel

5.4.1.    Market estimates and forecasts by region, 2013 - 2024

5.5.     LED Traffic Lights

5.5.1.    Market estimates and forecasts by region, 2013 - 2024

5.6.     LED Video walls

5.6.1.    Market estimates and forecasts by region, 2013 – 2024

5.7.     Other LED Matrix Boards

5.7.1.    Market estimates and forecasts by region, 2013 – 2024

Chapter 6    Outdoor LED Display Color Display Insights

6.1.     Outdoor LED display share by technology, 2015 & 2024

6.2.     Monochrome Display

6.2.1.    Market estimates and forecasts by region, 2013 - 2024

6.3.     Tri-Color Display

6.3.1.    Market estimates and forecasts by region, 2013 – 2024

6.4.     Full Color Display

6.4.1.    Market estimates and forecasts by region, 2013 - 2024

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/outdoor-LED-market

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About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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