PUBLISHER: KBV Research | PRODUCT CODE: 1501214
PUBLISHER: KBV Research | PRODUCT CODE: 1501214
North America LED Billboard Market Size, Share & Trends Analysis Report By Type (Full Color and Monochrome), By End User (Advertising & Media, Sports & Entertainment, Government and Others), By Application, By Country and Growth Forecast, 2024 - 2031
The North America LED Billboard Market would witness market growth of 9.6% CAGR during the forecast period (2024-2031).
The US market dominated the North America LED Billboard Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,498 million by 2031. The Canada market is showcasing a CAGR of 12.1% during (2024 - 2031). Additionally, The Mexico market would register a CAGR of 11.1% during (2024 - 2031).
The adoption of LED billboards has grown significantly in recent years, driven by several factors that have reshaped the outdoor advertising landscape and transformed how brands engage with audiences. It allows advertisers to display dynamic and interactive content, including videos, animations, real-time updates, and social media feeds. This dynamic content capability allows advertisers to create engaging and immersive brand experiences that capture audiences' attention and drive higher engagement.
LED billboards are highly customizable and can be tailored to meet advertisers' specific needs and objectives. Advertisers can easily update and modify content on LED billboards to reflect changing marketing campaigns, promotions, and seasonal events, providing greater flexibility and control over messaging. Also, it features high-brightness displays that offer superior visibility and impact, even in bright sunlight or low-light conditions. Their vibrant colors, crisp images, and dynamic content capture the attention of passersby and motorists, making them highly effective tools for brand awareness and message delivery.
As operating revenue grows for companies in Canada's spectator sports and entertainment industries, there is a greater emphasis on enhancing brand visibility and securing sponsorship opportunities. It offers sponsors highly visible advertising platforms to showcase their support for events, artists, and sports teams, driving brand awareness and engagement among Canadian audiences. Thus, the high number of trade shows and rising operating revenue of the spectator sports industry group in the region are driving the market's growth.
Based on Type, the market is segmented into Full Color and Monochrome. Based on End User, the market is segmented into Advertising & Media, Sports & Entertainment, Government and Others. Based on Application, the market is segmented into Outdoor and Indoor. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Daktronics, Inc.
- Barco NV
- Shenzhen Absen Optoelectronic Co Ltd.
- Unilumin Group Co., Ltd.
- Lighthouse Worldwide Solutions, Inc.
- Watchfire (H.I.G. Capital)
- Liantronics
- Leyard Optoelectronic Co Ltd.
- Shanghai Sansi Electronic Engineering Co., Ltd.
- Ledman Optoelectronic Co.
North America LED Billboard Market Report Segmentation
By Type
- Full Color
- Monochrome
By End User
- Advertising & Media
- Sports & Entertainment
- Government
- Others
By Application
- Outdoor
- Indoor
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America LED Billboard Market, by Type
- 1.4.2 North America LED Billboard Market, by End User
- 1.4.3 North America LED Billboard Market, by Application
- 1.4.4 North America LED Billboard Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- 3.3 Porter Five Forces Analysis
Chapter 4. North America LED Billboard Market by Type
- 4.1 North America Full Color Market by Region
- 4.2 North America Monochrome Market by Region
Chapter 5. North America LED Billboard Market by End User
- 5.1 North America Advertising & Media Market by Country
- 5.2 North America Sports & Entertainment Market by Country
- 5.3 North America Government Market by Country
- 5.4 North America Others Market by Country
Chapter 6. North America LED Billboard Market by Application
- 6.1 North America Outdoor Market by Country
- 6.2 North America Indoor Market by Country
Chapter 7. North America LED Billboard Market by Country
- 7.1 US LED Billboard Market
- 7.1.1 US LED Billboard Market by Type
- 7.1.2 US LED Billboard Market by End User
- 7.1.3 US LED Billboard Market by Application
- 7.2 Canada LED Billboard Market
- 7.2.1 Canada LED Billboard Market by Type
- 7.2.2 Canada LED Billboard Market by End User
- 7.2.3 Canada LED Billboard Market by Application
- 7.3 Mexico LED Billboard Market
- 7.3.1 Mexico LED Billboard Market by Type
- 7.3.2 Mexico LED Billboard Market by End User
- 7.3.3 Mexico LED Billboard Market by Application
- 7.4 Rest of North America LED Billboard Market
- 7.4.1 Rest of North America LED Billboard Market by Type
- 7.4.2 Rest of North America LED Billboard Market by End User
- 7.4.3 Rest of North America LED Billboard Market by Application
Chapter 8. Company Profiles
- 8.1 Daktronics, Inc.
- 8.1.1 Company Overview
- 8.1.2 Financial Analysis
- 8.1.3 Segmental and Regional Analysis
- 8.1.4 Recent strategies and developments:
- 8.1.4.1 Partnerships, Collaborations, and Agreements:
- 8.1.5 SWOT Analysis
- 8.2 Barco NV
- 8.2.1 Company Overview
- 8.2.2 Financial Analysis
- 8.2.3 Segmental and Regional Analysis
- 8.2.4 Research & Development Expenses
- 8.2.5 SWOT Analysis
- 8.3 Shenzhen Absen Optoelectronic Co Ltd.
- 8.3.1 Company Overview
- 8.3.2 SWOT Analysis
- 8.4 Unilumin Group Co., Ltd.
- 8.4.1 Company Overview
- 8.4.2 SWOT Analysis
- 8.5 Lighthouse Worldwide Solutions, Inc.
- 8.5.1 Company Overview
- 8.5.2 SWOT Analysis
- 8.6 Watchfire Signs, LLC (H.I.G. Capital)
- 8.6.1 Company Overview
- 8.6.2 SWOT Analysis
- 8.7 Liantronics
- 8.7.1 Company Overview
- 8.7.2 SWOT Analysis
- 8.8 Leyard Optoelectronic Co Ltd
- 8.8.1 Company Overview
- 8.8.2 SWOT Analysis
- 8.9 Shanghai Sansi Electronic Engineering Co., Ltd.
- 8.9.1 Company Overview
- 8.9.2 SWOT Analysis
- 8.10. Ledman Optoelectronic Co.
- 8.10.1 Company Overview
LIST OF TABLES
- TABLE 1 North America LED Billboard Market, 2020 - 2023, USD Million
- TABLE 2 North America LED Billboard Market, 2024 - 2031, USD Million
- TABLE 3 North America LED Billboard Market by Type, 2020 - 2023, USD Million
- TABLE 4 North America LED Billboard Market by Type, 2024 - 2031, USD Million
- TABLE 5 North America Full Color Market by Region, 2020 - 2023, USD Million
- TABLE 6 North America Full Color Market by Region, 2024 - 2031, USD Million
- TABLE 7 North America Monochrome Market by Region, 2020 - 2023, USD Million
- TABLE 8 North America Monochrome Market by Region, 2024 - 2031, USD Million
- TABLE 9 North America LED Billboard Market by End User, 2020 - 2023, USD Million
- TABLE 10 North America LED Billboard Market by End User, 2024 - 2031, USD Million
- TABLE 11 North America Advertising & Media Market by Country, 2020 - 2023, USD Million
- TABLE 12 North America Advertising & Media Market by Country, 2024 - 2031, USD Million
- TABLE 13 North America Sports & Entertainment Market by Country, 2020 - 2023, USD Million
- TABLE 14 North America Sports & Entertainment Market by Country, 2024 - 2031, USD Million
- TABLE 15 North America Government Market by Country, 2020 - 2023, USD Million
- TABLE 16 North America Government Market by Country, 2024 - 2031, USD Million
- TABLE 17 North America Others Market by Country, 2020 - 2023, USD Million
- TABLE 18 North America Others Market by Country, 2024 - 2031, USD Million
- TABLE 19 North America LED Billboard Market by Application, 2020 - 2023, USD Million
- TABLE 20 North America LED Billboard Market by Application, 2024 - 2031, USD Million
- TABLE 21 North America Outdoor Market by Country, 2020 - 2023, USD Million
- TABLE 22 North America Outdoor Market by Country, 2024 - 2031, USD Million
- TABLE 23 North America Indoor Market by Country, 2020 - 2023, USD Million
- TABLE 24 North America Indoor Market by Country, 2024 - 2031, USD Million
- TABLE 25 North America LED Billboard Market by Country, 2020 - 2023, USD Million
- TABLE 26 North America LED Billboard Market by Country, 2024 - 2031, USD Million
- TABLE 27 US LED Billboard Market, 2020 - 2023, USD Million
- TABLE 28 US LED Billboard Market, 2024 - 2031, USD Million
- TABLE 29 US LED Billboard Market by Type, 2020 - 2023, USD Million
- TABLE 30 US LED Billboard Market by Type, 2024 - 2031, USD Million
- TABLE 31 US LED Billboard Market by End User, 2020 - 2023, USD Million
- TABLE 32 US LED Billboard Market by End User, 2024 - 2031, USD Million
- TABLE 33 US LED Billboard Market by Application, 2020 - 2023, USD Million
- TABLE 34 US LED Billboard Market by Application, 2024 - 2031, USD Million
- TABLE 35 Canada LED Billboard Market, 2020 - 2023, USD Million
- TABLE 36 Canada LED Billboard Market, 2024 - 2031, USD Million
- TABLE 37 Canada LED Billboard Market by Type, 2020 - 2023, USD Million
- TABLE 38 Canada LED Billboard Market by Type, 2024 - 2031, USD Million
- TABLE 39 Canada LED Billboard Market by End User, 2020 - 2023, USD Million
- TABLE 40 Canada LED Billboard Market by End User, 2024 - 2031, USD Million
- TABLE 41 Canada LED Billboard Market by Application, 2020 - 2023, USD Million
- TABLE 42 Canada LED Billboard Market by Application, 2024 - 2031, USD Million
- TABLE 43 Mexico LED Billboard Market, 2020 - 2023, USD Million
- TABLE 44 Mexico LED Billboard Market, 2024 - 2031, USD Million
- TABLE 45 Mexico LED Billboard Market by Type, 2020 - 2023, USD Million
- TABLE 46 Mexico LED Billboard Market by Type, 2024 - 2031, USD Million
- TABLE 47 Mexico LED Billboard Market by End User, 2020 - 2023, USD Million
- TABLE 48 Mexico LED Billboard Market by End User, 2024 - 2031, USD Million
- TABLE 49 Mexico LED Billboard Market by Application, 2020 - 2023, USD Million
- TABLE 50 Mexico LED Billboard Market by Application, 2024 - 2031, USD Million
- TABLE 51 Rest of North America LED Billboard Market, 2020 - 2023, USD Million
- TABLE 52 Rest of North America LED Billboard Market, 2024 - 2031, USD Million
- TABLE 53 Rest of North America LED Billboard Market by Type, 2020 - 2023, USD Million
- TABLE 54 Rest of North America LED Billboard Market by Type, 2024 - 2031, USD Million
- TABLE 55 Rest of North America LED Billboard Market by End User, 2020 - 2023, USD Million
- TABLE 56 Rest of North America LED Billboard Market by End User, 2024 - 2031, USD Million
- TABLE 57 Rest of North America LED Billboard Market by Application, 2020 - 2023, USD Million
- TABLE 58 Rest of North America LED Billboard Market by Application, 2024 - 2031, USD Million
- TABLE 59 Key Information - Daktronics, Inc.
- TABLE 60 Key Information - Barco NV
- TABLE 61 Key Information - Shenzhen Absen Optoelectronic Co Ltd.
- TABLE 62 Key Information - Unilumin Group Co., Ltd.
- TABLE 63 Key Information - Lighthouse Worldwide Solutions, Inc.
- TABLE 64 Key Information - Watchfire Signs, LLC
- TABLE 65 Key Information - Liantronics
- TABLE 66 Key Information - Leyard Optoelectronic Co Ltd.
- TABLE 67 Key Information - Shanghai Sansi Electronic Engineering Co., Ltd.
- TABLE 68 Key Information - Ledman Optoelectronic Co.
