Growing demand for better resolution and affordable solutions are driving the growth of the outdoor LED display market. Increasing demand for advanced applications such as advertising boards, stadium screens, video walls, scoreboards, perimeter boards, and other is fuel the outdoor LED display market growth. Moreover, an increasing number of sports activities combined with rising promotional activities of corporate brands have encouraged promoters to advertise their applications, which triggers the growth of the outdoor LED display market during the forecast period.
MARKET DYNAMICS
Increased preference of LED display over paper or poster-based advertising due to their rapid use by sponsors in the sports events, seminars, entertainment shows, and exhibitions are major factors that foster the outdoor LED display market growth. However, high initial investments and high installation costs may hamper the growth of the outdoor LED display market. Further, the growing preference for LED display over LCD display due to its advanced features such as brightness, high definition resolution, energy efficiency, good pixel pitch, and durability. This factor is expected to rise in the demand for an outdoor LED display market.
MARKET SCOPE
The Global Outdoor LED display Market Analysis to 2028? is a specialized and in-depth study of the Outdoor LED display industry with a special focus on the global market trend analysis. The report aims to provide an overview Outdoor LED display market with detailed market segmentation as type, application, and geography. The global Outdoor LED display market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading outdoor LED display market players and offers key trends and opportunities in the outdoor LED display market.
MARKET SEGMENTATION
The global outdoor LED display market is segmented on the basis type, application. On the basis of type the market is segmented as individual mounted, surface mounted. On the basis of application the market is segmented as billboards, mobile panels, perimeter boards, traffic lights, video walls, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Outdoor LED display market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Outdoor LED display market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Outdoor LED display market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the outdoor LED display market in these regions.
MARKET PLAYERS
The reports cover key developments in the outdoor LED display market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Outdoor LED display market are anticipated to lucrative growth opportunities in the future with the rising demand for outdoor LED display in the global market. Below mentioned is the list of few companies engaged in the outdoor LED display market.
The report also includes the profiles of key outdoor LED display companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
? Barco NV
? Daktronics
? Delta Electronics, Inc.
? LG Electronics
? Lighthouse Technologies Limited
? Panasonic Corporation
? Samsung
? Shenzhen Leyard Opto-Electronic co,Ltd
? Sony Corporation
? Toshiba Corporation
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.