Outdoor LED Display Market, By Type, By Applications, By Geography

Description

The Global Outdoor LED Display Market is estimated to be valued at US$ 12.38 Bn in 2024 and is expected to reach US$ 25.84 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 11.1% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2024:	US$ 12.38 Bn
Historical Data for:	2019 to 2023	Forecast Period:	2024 to 2031
Forecast Period 2024 to 2031 CAGR:	11.10%	2031 Value Projection:	US$ 25.84 Bn

Figure. Outdoor LED Display Market Share (%), By Region 2024

The global outdoor LED display market has been witnessing a significant growth in the past few years due to rising adoption across various industry verticals including sports and entertainment industries. The outdoor LED displays offer seamless visual experience along with high brightness and wide viewing angles which make them well suited for displaying contents in outdoor environments. Furthermore, the technological advancements in LED display panels such as increased resolution, better colour performance and lifespan have bolstered their large-scale deployment at sports arenas, airports, highways and other public places. The declining price points of LED display solutions compared to traditional outdoor display technologies is another major factor propelling the market growth. However, the high initial investment remains a major challenge for widespread adoption of outdoor LED displays.

Market Dynamics:

The global outdoor LED display market growth is driven by various factors such as rising demand for digital signage across industries, growing live events and sports industry, technological advancements leading to enhanced specifications of LED display panels. Additionally, the declining prices of LED display solutions compared to traditional outdoor display technologies is a key growth enabler. However, the market growth can be restricted by high initial investment associated with deployment of outdoor LED displays. The market players have significant opportunity to target developing economies owing to increasing construction of smart cities and infrastructure projects in these regions. Market players are engaged in new product launches and constant innovation to cater to the rising demand across diverse applications.

Key features of the study:

This report provides in-depth analysis of the global outdoor LED display market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year.
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook and competitive strategies adopted by key players.
It profiles key players in the global outdoor LED display market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies.
Key companies covered as a part of this study include Barco NV, Daktronics, Inc., ELECTRONIC DISPLAYS INC., GALAXIA ELECTRONICS, LG Electronics Inc. (LG Corp.), Leyard Group, Lighthouse Technologies Limited, Panasonic Corporation, Samsung Electronics Co Ltd, Shenzhen Absen Optoelectronic Co., Ltd., Shenzhen AOTO Electronics Co., Ltd., Shenzhen Liantronics Co., Ltd., Shenzhen Mary Photoelectricity Co., Ltd., Sony Group Corporation, and Toshiba Tec Corporation.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
The global outdoor LED display market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants and financial analysts.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global outdoor LED display market.

Detailed Segmentation:

By Type
- Individually Mounted
- Surface Mounted
By Applications
- LED Billboards
- Perimeter LED Boards
- LED Mobile Panel
- LED Traffic Lights
- LED Video Walls
- Others
By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Key Players Insights
- Barco NV
- Daktronics, Inc.
- ELECTRONIC DISPLAYS INC.
- GALAXIA ELECTRONICS
- LG Electronics Inc. (LG Corp.)
- Leyard Group
- Lighthouse Technologies Limited
- Panasonic Corporation
- Samsung Electronics Co Ltd
- Shenzhen Absen Optoelectronic Co., Ltd.
- Shenzhen AOTO Electronics Co., Ltd.
- Shenzhen Liantronics Co., Ltd.
- Shenzhen Mary Photoelectricity Co., Ltd.
- Sony Group Corporation
- Toshiba Tec Corporation

Product Code: CMI956

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Type
- Market Snippet, By Applications
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- Market Opportunities
Regulatory Scenario
Industry Trend
Merger and Acquisitions
New System Launches/Approvals
Impact of COVID-19 Pandemic

4. Global Outdoor LED Display Market, By Type, 2019-2031 (US$ Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019-2031
- Segment Trends
Individually Mounted
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
Surface Mounted
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)

5. Global Outdoor LED Display Market, By Applications, 2019-2031 (US$ Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019-2031
- Segment Trends
LED Billboards
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
Perimeter LED Boards
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
LED Mobile Panel
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
LED Traffic Lights
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
LED Video Walls
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
Others
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)

6. Global Outdoor LED Display Market, By Region, 2019-2031 (US$ Bn)

Introduction
- Market Share Analysis, By Region, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019-2031
North America
- Regional Trends
- Market Size and Forecast, By Type, 2019-2031 (US$ Bn)
- Market Size and Forecast, By Applications, 2019-2031 (US$ Bn)
- Market Share Analysis, By Country, 2024 and 2031 (%)
  - U.S.
  - Canada
Europe
- Regional Trends
- Market Size and Forecast, By Type, 2019-2031 (US$ Bn)
- Market Size and Forecast, By Applications, 2019-2031 (US$ Bn)
- Market Share Analysis, By Country, 2024 and 2031 (%)
  - Germany
  - U.K.
  - Spain
  - France
  - Italy
  - Russia
  - Rest of Europe
Asia Pacific
- Regional Trends
- Market Size and Forecast, By Type, 2019-2031 (US$ Bn)
- Market Size and Forecast, By Applications, 2019-2031 (US$ Bn)
- Market Share Analysis, By Country, 2024 and 2031 (%)
  - China
  - India
  - Japan
  - ASEAN
  - Australia
  - South Korea
  - Rest of Asia Pacific
Latin America
- Regional Trends
- Market Size and Forecast, By Type, 2019-2031 (US$ Bn)
- Market Size and Forecast, By Applications, 2019-2031 (US$ Bn)
- Market Share Analysis, By Country, 2024 and 2031 (%)
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
Middle East & Africa
- Regional Trends
- Market Size and Forecast, By Type, 2019-2031 (US$ Bn)
- Market Size and Forecast, By Applications, 2019-2031 (US$ Bn)
- Market Share Analysis, By Country, 2024 and 2031 (%)
  - South Africa
  - Israel
  - GCC Countries
  - Rest of the Middle East & Africa

7. Competitive Landscape

Company Profiles
- Barco NV
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Daktronics, Inc.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- ELECTRONIC DISPLAYS INC.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- GALAXIA ELECTRONICS
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- LG Electronics Inc. (LG Corp.)
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Leyard Group
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Lighthouse Technologies Limited
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Panasonic Corporation
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Samsung Electronics Co Ltd
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Shenzhen Absen Optoelectronic Co., Ltd.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Shenzhen AOTO Electronics Co., Ltd.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Shenzhen Liantronics Co., Ltd.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Shenzhen Mary Photoelectricity Co., Ltd.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Sony Group Corporation
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Toshiba Tec Corporation
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates

8. Wheel of Fortune

Wheel of Fortune
Analyst View
Coherent Opportunity Map

9. Reference and Research Methodology

References
Research Methodology
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