About LED Stadium Screens
The LED stadium screens are used around sports stadiums, arenas, clubs, and organizations in the form of scoreboard, fixed replay screens, or perimeter advertising board. These are widely being used by organizers to increase broadcast capabilities as well as marketing revenues. These screens are used both outdoor and indoors, and increasing government initiatives promoting LED products are driving the demand for LED stadium screens.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global LED Stadium Screens market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
NEC Corporation (Japan), Delphi Display systems Inc. (United States), Panasonic Corporation (Japan), Shenzhen Dicolor Optoelectronics Co Ltd. (China), Shenzhen Unilumin Group Co. Ltd. (China), Toshiba Corporation (Japan), Daktronics (United States), Barco (Belgium), Mitsubishi Electric (Japan), Absen (China), LG Display Co. Ltd. (South Korea), Daktronics, Inc. (United States) and Sony Corporation (Japan) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Lighthouse Technologies Ltd. (Hong Kong), Electronic Display Inc. (United States), Vegas LED Screens (United States), Leyard Optoelectronic Co., Ltd. (United States) and Euro Display srl (Italy.
Segmentation Overview
AMA Research has segmented the market of Global LED Stadium Screens market by Type (LED video walls, LED ribbon displays, Scoreboard screens, Timing screens and Perimeter LED displays), Application (Advertisement, Billboards and Video walls) and Region.
On the basis of geography, the market of LED Stadium Screens has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Technology, the sub-segment i.e. Surface mounted LED Screens will boost the LED Stadium Screens market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Color display, the sub-segment i.e. Monochrome LED Screens will boost the LED Stadium Screens market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Avenues will boost the LED Stadium Screens market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technical advancement and Rapid growth in digital advertisements
Market Growth Drivers:
Increasing deployment around stadiums for fan engagement and advertising, Increasing inclination of consumer towards live shows and concerts and Increasing disposable income and emerging stadiums in the developing countries
Challenges:
High installation cost
Restraints:
Surge in energy consumption
Opportunities:
Rise in sports events and Alternate LED advertisement designs
Market Leaders and their expansionary development strategies
In MAY 2023, Tropicana Field, located in St Petersburg, Florida, has been home to Major League Baseball team Tampa Bay Rays for 25 years. Recently the stadium had a dramatic upgrade with more than 4,800ft² of brand-new high brightness LED displays, supplied by digiLED. The main stadium is now dominated by three new giant 10mm VISION A LED screens, perfect for giving the 42,735 capacity crowd a close-up of the action. A further three screens are located in prominent positions throughout the venue using both digiLED’s 10mm VISION A and 1.3mm digiTHIN HD.
In August 2023, Daktronics announced the partnership with the professional sports company the Kraft Group, the National Football League (NFL) team New England Patriots, and the Major League Soccer (MLS) team New England Revolution with 14 new LED displays added to the venue (Gillette Stadium) including the largest outdoor video board in a sports venue in the United States.
Key Target Audience
Traders, Importers, and Exporters, Raw Material Suppliers and Distributors, Research and Consulting Firms, Government and Research Organizations, Associations and Market Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.