Global Outdoor LED Display market Size, Share, Growth Analysis, By Application(Advertising Media, Traffic ), By Technology(Individually Mounted and Surface Mounted)

Description

Market Insights

Global Outdoor LED Display Market size was valued at USD 7.42 billion in 2021 and is poised to grow from USD 8.10 billion in 2022 to USD 16.38 billion by 2030, growing at a CAGR of 6% in the forecast period (2023-2030).

The Global Outdoor LED Display Market is experiencing significant growth due to its enhanced visibility, energy efficiency, and vibrant content display. This market is driven by increasing adoption in advertising, sports events, and retail sectors. Technological advancements, such as higher resolutions and improved durability, are also contributing to its expansion. The Asia-Pacific region holds a substantial share in the market, with key players continuously innovating to cater to the rising demand for dynamic outdoor displays. This market is expected to maintain its upward trajectory in the coming years.

Top-down and bottom-up approaches were used to estimate and validate the size of outdoor LED display and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined by using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Segmental Analysis

The outdoor LED display market is segmented in terms of Type, Application, and Region. In terms of classification by Application, the market is segmented as, Advertising Media, Traffic and Safety, Gym, and Others. With respect to categorization by Technology, the market is segmented into Individually Mounted, and Surface Mounted.

Drivers

Rising Interest in Digital Advertising:

The increasing inclination toward digital advertising and the requirement for dynamic, interactive content propel the market demand for outdoor LED displays as a potent tool for effective brand promotion and advertising strategies.

Restraints

Substantial Initial Expenses:

Setting up outdoor LED displays requires a notable initial capital outlay, potentially discouraging small to medium enterprises or budget-constrained organizations from adoption.

Market Trends

Rising Demand for Fine Pixel Pitch (FPP) Displays Outdoors: Fine Pixel Pitch LED displays are increasingly favored for outdoor applications. These displays provide elevated resolution, superior image quality, and a smooth viewing encounter, rendering them appropriate for scenarios requiring precision and intricacy, including advertising, sports events, and digital signage.

Product Code: SQMIG45J2135

Executive Summary

Market Overview
Wheel of Fortune
Research Methodology
Information Procurement
Secondary & Primary Data Sources
Market Size Estimation
Market Assumptions & Limitations

Parent Market Analysis

Market Overview
Market Size
Market Dynamics
Drivers
Opportunities
Restraints
Challenges
Key Market Insights
Technology Analysis
Pricing Analysis
Supply Chain Analysis
Value Chain Analysis
Ecosystem of the Market
IP Analysis
Trade Analysis
Startup Analysis
Raw Material Analysis
Innovation Matrix
Pipeline Product Analysis
Macroeconomic Indicators
Top Investment Analysis
Key Success Factor
Degree of Competition
Market Dynamics & Outlook
Market Dynamics
Drivers
Opportunities
Restraints
Challenges
Regulatory Landscape
Porters Analysis
Competitive rivalry
Threat of Substitute Products
Bargaining Power of Buyers
Threat of New Entrants
Bargaining Power of Suppliers
Skyquest Special Insights on Future Disruptions
Political Impact
Economic Impact
Social Impact
Technical Impact
Environmental Impact
Legal Impact
Global Outdoor LED Display market by Application
Market Overview
Advertising Media
Traffic
Safety
Gym
and Other
Global Outdoor LED Display market by Technology
Market Overview
Individually Mounted and Surface Mounted
Global Outdoor LED Display market Size by Region
Market Overview
North America
USA
Canada
Europe
Germany
Spain
France
UK
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
Latin America
Brazil
Rest of Latin America
Middle East & Africa (MEA)
GCC Countries
South Africa
Rest of MEA
Competitive Landscape
Top 5 Player Comparison
Market Positioning of Key Players, 2021
Strategies Adopted by Key Market Players
Top Winning Strategies
By Development
By Company
By Year
Recent Activities in the Market
Key Companies Market Share (%), 2021
Key Company Profiles
Daktronics
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Samsung
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Unilumin
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Leyard
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Absen
Company Overview
Business Segment Overview
Financial Updates
Key Developments
LianTronics
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Shenzhen Lightking Tech Group Co., Ltd.
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Lighthouse Technologies Limited
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Sansi
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Yaham Electronics
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Ledman Optoelectronic Co., Ltd.
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Shenzhen Mary Photoelectricity Co.Ltd (MRLED)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Lopu
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Shenzhen AOTO Electronics Co., Ltd.
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Chipshow
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Shenzhen CLT
Company Overview
Business Segment Overview
Financial Updates
Key Developments
INFiLED
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Retop LED Display Co., LTD.
Company Overview
Business Segment Overview
Financial Updates
Key Developments
QSTECH Co., Ltd.
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Shenzhen Teeho Optoelectronic Co., Ltd
Company Overview
Business Segment Overview
Financial Updates
Key Developments

Global Outdoor LED Display market Size, Share, Growth Analysis, By Application(Advertising Media, Traffic ), By Technology(Individually Mounted and Surface Mounted) - Industry Forecast 2023-2030