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Outdoor LED Display Market | Daktronics, BÜCHI Labortechnik AG, LG Electronics, Panasonic, Sony and Toshiba
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U.S. outdoor LED displays market will be valued for more than USD 2.5 billion by 2024, driven by growing implementation of LEDs across prime locations (Times Square and the Broadwalk). The deployment of interactive screens embedded with 3D technology at bus and train stations and the demand for custom-made solutions will also fuel industry growth over 2016-2024.
India is emerging as a global sports hub, which will prompt the usage of outdoor LEDs for sporting events, stadiums, mobile panels, and billboard advertising. This, in turn will impel India outdoor LED displays industry growth over the years to come. Supported by India and China, APAC outdoor LED displays market, having recorded a revenue of more than USD 1 billion in 2015, will grow at a CAGR of 25% over 2016-2024.
Key players operating in outdoor LED displays market include
1. BARCO NV
2. Daktronics
3. Data Display Systems
4. BÜCHI Labortechnik AG
5. Electronic Displays Inc
6. Leyard Optoelectronic Co.
7. LG Electronics
8. Lighthouse Technologies
9. Panasonic
10. Shenzhen Dicolor Optoelectronics Co.,Ltd
11. Sony and Toshiba.
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Speaking of color displays, outdoor LEDs can be segmented into tri-color, monochrome, and full color displays. Tri-color outdoor LED displays market is projected to increase at an annual growth rate of 22.3% over 2016-2024, driven by the high product deployment in scoreboards and perimeter boards. The full-color displays model depicts animated content, high quality images, and high quality videos.
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