Outdoor LED Display Market Leading Key Players: Sony, LG Electronics, Panasonic, Daktronics, Toshiba, Shenzhen Dicolor, Electronic Displays by 2024
Outdoor LED Display Market is expected to grow at a CAGR of over 20% during the forecast timeline. Emerging demand for wireless information connections for high resolution 10 mm symbols, billboards which are appropriate for high pedestrian traffic sectors and customizable content are anticipated to witness growth in the outdoor LED display market.
Customized content can be altered and programmed based on scheduled events, expected audience, weather conditions and inventory flow to influence the target audience based on the demographic and location. Mobile outdoor advertisement will play a vital role in this technology growth. Advertisements on taxicabs interconnected by billboards is projected to deliver players an opportunity to reach their customers. News racks, Phone kiosk advertising benches and other customized applications will witness a high demand.
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Top Key Players: -
Key players in the outdoor LED display market include Sony, LG Electronics, Panasonic, Daktronics, Toshiba, Shenzhen Dicolor and Electronic Displays. Other industry participants in the industry include Optoelectronics, Barco NV, Lighthouse Technologies and Leyard Optoelectronic.
Regional Segmentations: -
China outdoor LED display market is expected to grow at a significant rate over the forecast timeline. Rising demand for structured light scanners and high adoption across several application areas will drive the regional demand. Latin America is expected to become the most attractive region and is projected to cross USD 750 million by 2022.
U.S. outdoor LED display market share accounted for more than 50% of the regional revenue in 2015 and is likely to be valued over USD 2.5 billion by 2024.
Partial Chapter of the Table of Content
Chapter 1 Methodology and Scope
1.1 Research Methodology
1.1.1 Initial data exploration
1.1.2 Statistical model and forecast
1.1.3 Industry insights and validation
1.2 Data Sources
Chapter 2 Executive Summary
2.1 Outdoor LED display industry 3600 synopsis, 2013 - 2024
2.1.1 Business trends
2.1.2 Regional trends
2.1.3 Application trends
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By color display, full color outdoor LEDs will have a considerable growth owing to the increasing adoption of complete color models due to its aptitude to offer high quality animations, videos, and images will drive full-color market.
Based on technology, individually mounted segment will witness a significant rise in the outdoor LED display market. Increasing demand for large display screens with high watching distance is expected to boost retailers and commercial builders to accept this technology. It produces less heat and offers longer duration when compared to conventional devices.
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