About Outdoor LED Display
The growing demand in various end-user industries will help to boost the global Outdoor LED Display market in the forecasted period.The LED display screen is a display technology that uses a panel of light-emitting diodes as the light source. Outdoor light-emitting diode (LED) displays are electric and electronic products that include LED billboards, mobile LED screens, LED video walls, perimeter LED displays, LED matrix displays. Outdoor LED displays are available in different sizes, color display technologies, and resolutions as user requirements. Increasing demand for better resolution and affordable solutions is expected to drive the industry over the forecast period.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Market players are focusing on partnerships, collaborations, and new product launches in order to increase their offerings in the synthetic fibers market. In addition, companies are focusing on increasing their client base to strengthen market position and to enhance product offerings. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Outdoor LED Display market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Sony Corporation (Japan), LG Electronics (South Korea), Toshiba Corporation (Japan), Panasonic Corporation (Japan), Daktronics (United States), Electronic Displays (United States) and Shenzhen Dicolor Optoelectronics (China) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Barco N.V (Belgium), Leyard Optoelectronic (United States) and Lighthouse Technologies (United States).
Segmentation Overview
AMA Research has segmented the market of Global Outdoor LED Display market by Type (Individually Mounted and Surface Mounted), Application (Perimeter LED Boards, Billboards, Mobile Panel, Video Walls, Traffic Lights and Other Matrix Boards) and Region.
On the basis of geography, the market of Outdoor LED Display 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 Color Display, the sub-segment i.e. Monochrome will boost the Outdoor LED Display market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Alternate LED Advertisement Designs, High Digital Sponsorships & Information Displays and Power Efficiency Feature
Market Growth Drivers:
Growing Demand across Multiple Applications and Rising Digital Advertisements
Challenges:
Rising Adoption of Displays and Online Advertising Methods
Restraints:
High Capital Investment for Fixed Installation of LED Displays
Opportunities:
Increasing Number of Sports and Music concerts Worldwide and Adoption of LED Screens at Movie Theaters in Emerging Economies
Market Leaders and their expansionary development strategies
In October 2023, Ross Video is pleased to announce the acquisition of D3 LED (Dynamic Digital Displays) from Southpaw Live. Based in Rancho Cordova, California, and with remote offices in New York City, D3 has over fifteen years of experience in creating spectacular LED displays for some of the world’s most recognized brands.
In June 2023, Samsung Electronics America, Inc.an industry leader in the global display market, is announcing its new digital signage lineup, including The Wall Virtual Production, Samsung’s Interactive Display – WAC Series, Samsung Kiosk, Windows Edition, along with other new display solutions
Key Target Audience
LED Display Manufactures, LED Display Distributors and Suppliers, Government Regulatory Bodies, Private and Government Research Organizations and Other
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.