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PUBLISHER: KBV Research | PRODUCT CODE: 1501215
PUBLISHER: KBV Research | PRODUCT CODE: 1501215
Asia Pacific 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
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PAGES: 104 Pages
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The Asia Pacific LED Billboard Market would witness market growth of 10.7% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific LED Billboard Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $744.6 million by 2031. The Japan market is experiencing a CAGR of 10% during (2024 - 2031). Additionally, The India market would exhibit a CAGR of 11.4% during (2024 - 2031).
The market refers to the segment of the outdoor advertising industry that focuses on the development, manufacturing, and deployment of LED (Light-Emitting Diode) display systems for digital billboards and signage. LED billboards are dynamic, high-resolution displays that use LED technology to showcase advertisements, promotional messages, information, and multimedia content to audiences in outdoor environments.
LED billboards are widely used for outdoor advertising campaigns in urban areas, highways, and commercial districts. They are powerful platforms for brands to showcase their products, services, and promotional messages to a captive audience of commuters, pedestrians, and motorists. It allows advertisers to display dynamic content, such as videos, animations, and real-time updates, maximizing engagement and brand visibility.
Advertisers are shifting a bigger share of their advertising spending to digital advertising channels, such as LED billboards and signs, due to the expansion of digital media and online platforms. The expansion of the advertising industry in China fuels growth in the digital out-of-home (DOOH) advertising sector, driving demand for LED billboard installations. The index, which measures the growth of China's advertising sector, increased by 7.36 percent from the previous year to 110.85. Thus, the expansion of the region's advertising industry is 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 China, Japan, India, South Korea, Australia, Malaysia, and Rest of Asia Pacific.
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.
Asia Pacific 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
- China
- Japan
- India
- South Korea
- Australia
- Malaysia
- Rest of Asia Pacific
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 Asia Pacific LED Billboard Market, by Type
- 1.4.2 Asia Pacific LED Billboard Market, by End User
- 1.4.3 Asia Pacific LED Billboard Market, by Application
- 1.4.4 Asia Pacific 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. Asia Pacific LED Billboard Market by Type
- 4.1 Asia Pacific Full Color Market by Country
- 4.2 Asia Pacific Monochrome Market by Country
Chapter 5. Asia Pacific LED Billboard Market by End User
- 5.1 Asia Pacific Advertising & Media Market by Country
- 5.2 Asia Pacific Sports & Entertainment Market by Country
- 5.3 Asia Pacific Government Market by Country
- 5.4 Asia Pacific Others Market by Country
Chapter 6. Asia Pacific LED Billboard Market by Application
- 6.1 Asia Pacific Outdoor Market by Country
- 6.2 Asia Pacific Indoor Market by Country
Chapter 7. Asia Pacific LED Billboard Market by Country
- 7.1 China LED Billboard Market
- 7.1.1 China LED Billboard Market by Type
- 7.1.2 China LED Billboard Market by End User
- 7.1.3 China LED Billboard Market by Application
- 7.2 Japan LED Billboard Market
- 7.2.1 Japan LED Billboard Market by Type
- 7.2.2 Japan LED Billboard Market by End User
- 7.2.3 Japan LED Billboard Market by Application
- 7.3 India LED Billboard Market
- 7.3.1 India LED Billboard Market by Type
- 7.3.2 India LED Billboard Market by End User
- 7.3.3 India LED Billboard Market by Application
- 7.4 South Korea LED Billboard Market
- 7.4.1 South Korea LED Billboard Market by Type
- 7.4.2 South Korea LED Billboard Market by End User
- 7.4.3 South Korea LED Billboard Market by Application
- 7.5 Australia LED Billboard Market
- 7.5.1 Australia LED Billboard Market by Type
- 7.5.2 Australia LED Billboard Market by End User
- 7.5.3 Australia LED Billboard Market by Application
- 7.6 Malaysia LED Billboard Market
- 7.6.1 Malaysia LED Billboard Market by Type
- 7.6.2 Malaysia LED Billboard Market by End User
- 7.6.3 Malaysia LED Billboard Market by Application
- 7.7 Rest of Asia Pacific LED Billboard Market
- 7.7.1 Rest of Asia Pacific LED Billboard Market by Type
- 7.7.2 Rest of Asia Pacific LED Billboard Market by End User
- 7.7.3 Rest of Asia Pacific 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 Asia Pacific LED Billboard Market, 2020 - 2023, USD Million
- TABLE 2 Asia Pacific LED Billboard Market, 2024 - 2031, USD Million
- TABLE 3 Asia Pacific LED Billboard Market by Type, 2020 - 2023, USD Million
- TABLE 4 Asia Pacific LED Billboard Market by Type, 2024 - 2031, USD Million
- TABLE 5 Asia Pacific Full Color Market by Country, 2020 - 2023, USD Million
- TABLE 6 Asia Pacific Full Color Market by Country, 2024 - 2031, USD Million
- TABLE 7 Asia Pacific Monochrome Market by Country, 2020 - 2023, USD Million
- TABLE 8 Asia Pacific Monochrome Market by Country, 2024 - 2031, USD Million
- TABLE 9 Asia Pacific LED Billboard Market by End User, 2020 - 2023, USD Million
- TABLE 10 Asia Pacific LED Billboard Market by End User, 2024 - 2031, USD Million
- TABLE 11 Asia Pacific Advertising & Media Market by Country, 2020 - 2023, USD Million
- TABLE 12 Asia Pacific Advertising & Media Market by Country, 2024 - 2031, USD Million
- TABLE 13 Asia Pacific Sports & Entertainment Market by Country, 2020 - 2023, USD Million
- TABLE 14 Asia Pacific Sports & Entertainment Market by Country, 2024 - 2031, USD Million
- TABLE 15 Asia Pacific Government Market by Country, 2020 - 2023, USD Million
- TABLE 16 Asia Pacific Government Market by Country, 2024 - 2031, USD Million
- TABLE 17 Asia Pacific Others Market by Country, 2020 - 2023, USD Million
- TABLE 18 Asia Pacific Others Market by Country, 2024 - 2031, USD Million
- TABLE 19 Asia Pacific LED Billboard Market by Application, 2020 - 2023, USD Million
- TABLE 20 Asia Pacific LED Billboard Market by Application, 2024 - 2031, USD Million
- TABLE 21 Asia Pacific Outdoor Market by Country, 2020 - 2023, USD Million
- TABLE 22 Asia Pacific Outdoor Market by Country, 2024 - 2031, USD Million
- TABLE 23 Asia Pacific Indoor Market by Country, 2020 - 2023, USD Million
- TABLE 24 Asia Pacific Indoor Market by Country, 2024 - 2031, USD Million
- TABLE 25 Asia Pacific LED Billboard Market by Country, 2020 - 2023, USD Million
- TABLE 26 Asia Pacific LED Billboard Market by Country, 2024 - 2031, USD Million
- TABLE 27 China LED Billboard Market, 2020 - 2023, USD Million
- TABLE 28 China LED Billboard Market, 2024 - 2031, USD Million
- TABLE 29 China LED Billboard Market by Type, 2020 - 2023, USD Million
- TABLE 30 China LED Billboard Market by Type, 2024 - 2031, USD Million
- TABLE 31 China LED Billboard Market by End User, 2020 - 2023, USD Million
- TABLE 32 China LED Billboard Market by End User, 2024 - 2031, USD Million
- TABLE 33 China LED Billboard Market by Application, 2020 - 2023, USD Million
- TABLE 34 China LED Billboard Market by Application, 2024 - 2031, USD Million
- TABLE 35 Japan LED Billboard Market, 2020 - 2023, USD Million
- TABLE 36 Japan LED Billboard Market, 2024 - 2031, USD Million
- TABLE 37 Japan LED Billboard Market by Type, 2020 - 2023, USD Million
- TABLE 38 Japan LED Billboard Market by Type, 2024 - 2031, USD Million
- TABLE 39 Japan LED Billboard Market by End User, 2020 - 2023, USD Million
- TABLE 40 Japan LED Billboard Market by End User, 2024 - 2031, USD Million
- TABLE 41 Japan LED Billboard Market by Application, 2020 - 2023, USD Million
- TABLE 42 Japan LED Billboard Market by Application, 2024 - 2031, USD Million
- TABLE 43 India LED Billboard Market, 2020 - 2023, USD Million
- TABLE 44 India LED Billboard Market, 2024 - 2031, USD Million
- TABLE 45 India LED Billboard Market by Type, 2020 - 2023, USD Million
- TABLE 46 India LED Billboard Market by Type, 2024 - 2031, USD Million
- TABLE 47 India LED Billboard Market by End User, 2020 - 2023, USD Million
- TABLE 48 India LED Billboard Market by End User, 2024 - 2031, USD Million
- TABLE 49 India LED Billboard Market by Application, 2020 - 2023, USD Million
- TABLE 50 India LED Billboard Market by Application, 2024 - 2031, USD Million
- TABLE 51 South Korea LED Billboard Market, 2020 - 2023, USD Million
- TABLE 52 South Korea LED Billboard Market, 2024 - 2031, USD Million
- TABLE 53 South Korea LED Billboard Market by Type, 2020 - 2023, USD Million
- TABLE 54 South Korea LED Billboard Market by Type, 2024 - 2031, USD Million
- TABLE 55 South Korea LED Billboard Market by End User, 2020 - 2023, USD Million
- TABLE 56 South Korea LED Billboard Market by End User, 2024 - 2031, USD Million
- TABLE 57 South Korea LED Billboard Market by Application, 2020 - 2023, USD Million
- TABLE 58 South Korea LED Billboard Market by Application, 2024 - 2031, USD Million
- TABLE 59 Australia LED Billboard Market, 2020 - 2023, USD Million
- TABLE 60 Australia LED Billboard Market, 2024 - 2031, USD Million
- TABLE 61 Australia LED Billboard Market by Type, 2020 - 2023, USD Million
- TABLE 62 Australia LED Billboard Market by Type, 2024 - 2031, USD Million
- TABLE 63 Australia LED Billboard Market by End User, 2020 - 2023, USD Million
- TABLE 64 Australia LED Billboard Market by End User, 2024 - 2031, USD Million
- TABLE 65 Australia LED Billboard Market by Application, 2020 - 2023, USD Million
- TABLE 66 Australia LED Billboard Market by Application, 2024 - 2031, USD Million
- TABLE 67 Malaysia LED Billboard Market, 2020 - 2023, USD Million
- TABLE 68 Malaysia LED Billboard Market, 2024 - 2031, USD Million
- TABLE 69 Malaysia LED Billboard Market by Type, 2020 - 2023, USD Million
- TABLE 70 Malaysia LED Billboard Market by Type, 2024 - 2031, USD Million
- TABLE 71 Malaysia LED Billboard Market by End User, 2020 - 2023, USD Million
- TABLE 72 Malaysia LED Billboard Market by End User, 2024 - 2031, USD Million
- TABLE 73 Malaysia LED Billboard Market by Application, 2020 - 2023, USD Million
- TABLE 74 Malaysia LED Billboard Market by Application, 2024 - 2031, USD Million
- TABLE 75 Rest of Asia Pacific LED Billboard Market, 2020 - 2023, USD Million
- TABLE 76 Rest of Asia Pacific LED Billboard Market, 2024 - 2031, USD Million
- TABLE 77 Rest of Asia Pacific LED Billboard Market by Type, 2020 - 2023, USD Million
- TABLE 78 Rest of Asia Pacific LED Billboard Market by Type, 2024 - 2031, USD Million
- TABLE 79 Rest of Asia Pacific LED Billboard Market by End User, 2020 - 2023, USD Million
- TABLE 80 Rest of Asia Pacific LED Billboard Market by End User, 2024 - 2031, USD Million
- TABLE 81 Rest of Asia Pacific LED Billboard Market by Application, 2020 - 2023, USD Million
- TABLE 82 Rest of Asia Pacific LED Billboard Market by Application, 2024 - 2031, USD Million
- TABLE 83 Key Information - Daktronics, Inc.
- TABLE 84 Key Information - Barco NV
- TABLE 85 Key Information - Shenzhen Absen Optoelectronic Co Ltd.
- TABLE 86 Key Information - Unilumin Group Co., Ltd.
- TABLE 87 Key Information - Lighthouse Worldwide Solutions, Inc.
- TABLE 88 Key Information - Watchfire Signs, LLC
- TABLE 89 Key Information - Liantronics
- TABLE 90 Key Information - Leyard Optoelectronic Co Ltd.
- TABLE 91 Key Information - Shanghai Sansi Electronic Engineering Co., Ltd.
- TABLE 92 Key Information - Ledman Optoelectronic Co.
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