Outdoor LED Display Market Worth to Reach USD 21706.84 MN By 2027
Posted On April 26, 2021
The Global Outdoor LED Display Market report evaluates the market revenue to reach USD 21706.84 MN mark in 2027. The CAGR is expected to be close to 9.5% from 2020 till the end of 2027 according to the newly published report by Value Market Research. Increased adoption of a larger display screen in exhibitions, sports events, live concerts, and other public places for advertising and event promotions will be the main stimulating factor for the growth of the outdoor LED display market. The rise in the number of promotional activities by corporates and big brands will further aid the development of this market. The growing deployment of large screen displays in real estate offices, car showrooms, retail outlets, and shopping malls will enhance the market growth. The high demand for modular LED displays for use in concerts, conventions, exhibitions, TV shows will positively impact market growth. The availability of LED displays with superior features such as energy efficiency, environment friendliness, and extra durability will be a market booster. High installation costs will be the main barrier hampering the market growth.
Outdoor LED display is a large format screen based on LED technology capable of reproducing static pictures or video formats. It resembles the big monitor of a PC. They are formed of three primary color LEDs, the RGB. The images on these displays are visible and functional in any exposure and climatic conditions. The reproduced images are visual in daylight or the dark without glare effects and from any distance. They are highly flexible and are of large dimensions that can cover entire building walls. These displays can be easily integrated into a scaffolding, installed on poles, roof-tops, walls. These LED displays, a real revolution in the media world, can be used for advertising to entertainment, from communication to information.
The market dynamics covered in the report "Global Outdoor LED Display Market Report By Color Display (Apparel, Footwear), By Applications (LED Billboards, Perimeter LED Boards, LED Mobile Screen) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2021-2027" gives a holistic scope of the market along with the market forecasts.
On the basis of color display the market is segmented into Apparel, Footwear. By applications the outdoor LED display market is categorised as LED Billboards, Perimeter LED Boards, LED Mobile Screen. Geographically the research study provides data on North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa regions. Each region is segregated into North America (North America, United State and Rest of North America), Europe (United Kingdom, France, Germany, and Rest of Europe), Asia Pacific (China, Japan, India, Rest of Asia Pacific), Latin America (Brazil, Rest of Latin America) and Middle East & Africa. This section provides the estimates of market by segment. This section provides the estimates of market by segment thus, providing valuable data to take strategic decisions.
The Report Segments Global Outdoor LED Display Market -
By Color Display
- LED Billboards
- Perimeter LED Boards
- LED Mobile Screen
- North America
- The Asia Pacific
- Latin America
- The Middle East and Africa
Players Profiled In the Report:
LG Electronics, Sony, Panasonic, Toshiba, Electronic Displays, Daktronics, Barco NV, Shenzhen Dicolor Optoelectronics Co Ltd, Lighthouse Technologies Ltd, Leyard Optoelectronic Co Ltd, and Barco NV.
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