PUBLISHER: IMARC | PRODUCT CODE: 1298748
PUBLISHER: IMARC | PRODUCT CODE: 1298748
Outdoor LED Display Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
The global outdoor LED display market size reached US$ 7.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 12.4 Billion by 2028, exhibiting a growth rate (CAGR) of 7.73% during 2023-2028.
Outdoor light-emitting diode (LED) displays are reliable large billboards used to display advertisements about products, services, or any information related to a corporation. They rely on unique power-saving technology, thereby making them a cost-effective investment that leads to significant cost savings. As they require low power and offer high brightness, longer shelf life, and high return on investment (ROI), outdoor LED displays are widely installed in stadiums, retail, transportation, sports arenas, and corporate campuses.
Outdoor LED Display Market Trends:
With high luminance delivering content clearly under direct sunlight and the durability to withstand extreme environmental conditions like rain, heat, snow, and wind, outdoor LED displays are gaining widespread adoption in delivering advertisement effectively during games. This can also be attributed to growing consumer spending on outdoor activities and increasing government funding for sports tournaments and events. Moreover, as outdoor LED displays are waterproof and offer heat dissipation functions, they can be installed at clinics or health centers located in busy areas to organize a health-related or an awareness-raising event, a fund-raising campaign for research, and a charity concert. Apart from this, outdoor LED displays are gaining traction in higher educational institutions to announce school activities, events, and information and improve the learning experience and school environment. Furthermore, the rising focus on the digitized promotion of products and services to engage audiences and extract maximum effectiveness in marketing messages is providing lucrative growth opportunities to the market. Besides this, market players are introducing premium versions of outdoor LED displays in various formats for different stadiums and outdoor venue applications. These displays provide robust performance with exceptional image quality, which is anticipated to influence the market positively.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global outdoor LED display market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, color display and application.
Breakup by Type:
Surface Mounted
Individually Mounted
Breakup by Color Display:
Monochrome Display
Tri-Color Display
Full Color Display
Breakup by Application:
Billboards
Mobile LED Display
Perimeter Board
Traffic Lights
Video Wall
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being ClearLED Ltd., Daktronics Inc., Delta Electronics Inc., Electronic Displays Inc., Galaxia Electronics Co. Ltd., Leyard Optoelectronic Co. Ltd., LG Electronics Inc., Lighthouse Technologies Limited, LIGHTVU, Panasonic Corporation, Samsung Electronics Co. Ltd. and Toshiba Corporation
Key Questions Answered in This Report
1. What was the size of the global outdoor LED display market in 2022?
2. What is the expected growth rate of the global outdoor LED display market during 2023-2028?
3. What are the key factors driving the global outdoor LED display market?
4. What has been the impact of COVID-19 on the global outdoor LED display market?
5. What is the breakup of the global outdoor LED display market based on the type?
6. What is the breakup of the global outdoor LED display market based on the application?
7. What are the key regions in the global outdoor LED display market?
8. Who are the key players/companies in the global outdoor LED display market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Outdoor LED Display Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Type
- 6.1 Surface Mounted
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Individually Mounted
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Color Display
- 7.1 Monochrome Display
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Tri-Color Display
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Full Color Display
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
8 Market Breakup by Application
- 8.1 Billboards
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Mobile LED Display
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Perimeter Board
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Traffic Lights
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Video Wall
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
- 8.6 Others
- 8.6.1 Market Trends
- 8.6.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 ClearLED Ltd.
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.2 Daktronics Inc.
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.2.3 Financials
- 14.3.2.4 SWOT Analysis
- 14.3.3 Delta Electronics Inc.
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.3.3 Financials
- 14.3.3.4 SWOT Analysis
- 14.3.4 Electronic Displays Inc.
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.5 Galaxia Electronics Co. Ltd.
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.6 Leyard Optoelectronic Co. Ltd.
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.6.3 Financials
- 14.3.7 LG Electronics Inc.
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.7.3 Financials
- 14.3.7.4 SWOT Analysis
- 14.3.8 Lighthouse Technologies Limited
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.9 LIGHTVU
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.10 Panasonic Corporation
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.10.3 Financials
- 14.3.10.4 SWOT Analysis
- 14.3.11 Samsung Electronics Co. Ltd.
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.11.3 Financials
- 14.3.11.4 SWOT Analysis
- 14.3.12 Toshiba Corporation
- 14.3.12.1 Company Overview
- 14.3.12.2 Product Portfolio
- 14.3.12.3 Financials
- 14.3.12.4 SWOT Analysis
- 14.3.1 ClearLED Ltd.
List of Figures
- Figure 1: Global: Outdoor LED Display Market: Major Drivers and Challenges
- Figure 2: Global: Outdoor LED Display Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Outdoor LED Display Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Outdoor LED Display Market: Breakup by Type (in %), 2022
- Figure 5: Global: Outdoor LED Display Market: Breakup by Color Display (in %), 2022
- Figure 6: Global: Outdoor LED Display Market: Breakup by Application (in %), 2022
- Figure 7: Global: Outdoor LED Display Market: Breakup by Region (in %), 2022
- Figure 8: Global: Outdoor LED Display (Surface Mounted) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 9: Global: Outdoor LED Display (Surface Mounted) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 10: Global: Outdoor LED Display (Individually Mounted) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 11: Global: Outdoor LED Display (Individually Mounted) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 12: Global: Outdoor LED Display (Monochrome Display) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 13: Global: Outdoor LED Display (Monochrome Display) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 14: Global: Outdoor LED Display (Tri-Color Display) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 15: Global: Outdoor LED Display (Tri-Color Display) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 16: Global: Outdoor LED Display (Full Color Display) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 17: Global: Outdoor LED Display (Full Color Display) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: Global: Outdoor LED Display (Billboards) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: Global: Outdoor LED Display (Billboards) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 20: Global: Outdoor LED Display (Mobile LED Display) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 21: Global: Outdoor LED Display (Mobile LED Display) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: Global: Outdoor LED Display (Perimeter Board) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: Global: Outdoor LED Display (Perimeter Board) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 24: Global: Outdoor LED Display (Traffic Lights) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 25: Global: Outdoor LED Display (Traffic Lights) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: Global: Outdoor LED Display (Video Wall) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 27: Global: Outdoor LED Display (Video Wall) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 28: Global: Outdoor LED Display (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 29: Global: Outdoor LED Display (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 30: North America: Outdoor LED Display Market: Sales Value (in Million US$), 2017 & 2022
- Figure 31: North America: Outdoor LED Display Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 32: United States: Outdoor LED Display Market: Sales Value (in Million US$), 2017 & 2022
- Figure 33: United States: Outdoor LED Display Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 34: Canada: Outdoor LED Display Market: Sales Value (in Million US$), 2017 & 2022
- Figure 35: Canada: Outdoor LED Display Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 36: Asia-Pacific: Outdoor LED Display Market: Sales Value (in Million US$), 2017 & 2022
- Figure 37: Asia-Pacific: Outdoor LED Display Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 38: China: Outdoor LED Display Market: Sales Value (in Million US$), 2017 & 2022
- Figure 39: China: Outdoor LED Display Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 40: Japan: Outdoor LED Display Market: Sales Value (in Million US$), 2017 & 2022
- Figure 41: Japan: Outdoor LED Display Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 42: India: Outdoor LED Display Market: Sales Value (in Million US$), 2017 & 2022
- Figure 43: India: Outdoor LED Display Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 44: South Korea: Outdoor LED Display Market: Sales Value (in Million US$), 2017 & 2022
- Figure 45: South Korea: Outdoor LED Display Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 46: Australia: Outdoor LED Display Market: Sales Value (in Million US$), 2017 & 2022
- Figure 47: Australia: Outdoor LED Display Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 48: Indonesia: Outdoor LED Display Market: Sales Value (in Million US$), 2017 & 2022
- Figure 49: Indonesia: Outdoor LED Display Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 50: Others: Outdoor LED Display Market: Sales Value (in Million US$), 2017 & 2022
- Figure 51: Others: Outdoor LED Display Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 52: Europe: Outdoor LED Display Market: Sales Value (in Million US$), 2017 & 2022
- Figure 53: Europe: Outdoor LED Display Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 54: Germany: Outdoor LED Display Market: Sales Value (in Million US$), 2017 & 2022
- Figure 55: Germany: Outdoor LED Display Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 56: France: Outdoor LED Display Market: Sales Value (in Million US$), 2017 & 2022
- Figure 57: France: Outdoor LED Display Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 58: United Kingdom: Outdoor LED Display Market: Sales Value (in Million US$), 2017 & 2022
- Figure 59: United Kingdom: Outdoor LED Display Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 60: Italy: Outdoor LED Display Market: Sales Value (in Million US$), 2017 & 2022
- Figure 61: Italy: Outdoor LED Display Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 62: Spain: Outdoor LED Display Market: Sales Value (in Million US$), 2017 & 2022
- Figure 63: Spain: Outdoor LED Display Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 64: Russia: Outdoor LED Display Market: Sales Value (in Million US$), 2017 & 2022
- Figure 65: Russia: Outdoor LED Display Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 66: Others: Outdoor LED Display Market: Sales Value (in Million US$), 2017 & 2022
- Figure 67: Others: Outdoor LED Display Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 68: Latin America: Outdoor LED Display Market: Sales Value (in Million US$), 2017 & 2022
- Figure 69: Latin America: Outdoor LED Display Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 70: Brazil: Outdoor LED Display Market: Sales Value (in Million US$), 2017 & 2022
- Figure 71: Brazil: Outdoor LED Display Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 72: Mexico: Outdoor LED Display Market: Sales Value (in Million US$), 2017 & 2022
- Figure 73: Mexico: Outdoor LED Display Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 74: Others: Outdoor LED Display Market: Sales Value (in Million US$), 2017 & 2022
- Figure 75: Others: Outdoor LED Display Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 76: Middle East and Africa: Outdoor LED Display Market: Sales Value (in Million US$), 2017 & 2022
- Figure 77: Middle East and Africa: Outdoor LED Display Market: Breakup by Country (in %), 2022
- Figure 78: Middle East and Africa: Outdoor LED Display Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 79: Global: Outdoor LED Display Industry: SWOT Analysis
- Figure 80: Global: Outdoor LED Display Industry: Value Chain Analysis
- Figure 81: Global: Outdoor LED Display Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Outdoor LED Display Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Outdoor LED Display Market Forecast: Breakup by Type (in Million US$), 2023-2028
- Table 3: Global: Outdoor LED Display Market Forecast: Breakup by Color Display (in Million US$), 2023-2028
- Table 4: Global: Outdoor LED Display Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 5: Global: Outdoor LED Display Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 6: Global: Outdoor LED Display Market: Competitive Structure
- Table 7: Global: Outdoor LED Display Market: Key Players
