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Outdoor LED Display Market Global Research Analysis - Panasonic, LG Electronics, Toshiba & Others
Outdoor LED Display Market, Outdoor LED Display Market Study, Outdoor LED Display Market Size, Outdoor LED Display Market Segmenta
Higher brightness, enhanced resolutions, good pitching and durability of LED screens have made them a preferred media for outdoor publicizing and promotions, with sizable billboards and digital banners mounted in stores, malls, building exteriors and stadiums. Constantly evolving LED technology has delivered advanced products such as video walls and the integrations of hundreds of LED panels to form big, energy efficient boards. The flexibility of LED panels has helped major brands to reach their customers in a variety of ways, across the globe.
Scope of Report
Top Manufacturers in global market are given bellow: Sony, Panasonic, LG Electronics, and Toshiba. Other prominent playres include Sharp, Samsung Display, Qingdao Haier, Koninklijke Philips, Innolux, Hisense Group, AU Optronics, and BOE Technology Group
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Outdoor LED Display Market size is forecast to exceed USD 22.4 billion by 2024; Electronic signs used in billboards display multiple messages, and these messages can be changed either remotely or by programming the display on the site. Growing demand for electronic billboards over printed billboards with rising number of advertisements will be responsible for driving outdoor LED display market size. As the cost of billboards continues to decrease, growth in developing economies could boost sales significantly.
The Outdoor LED Display Market Report gives a clear picture of the current situation of the market which covers global industry analysis, size, share, growth, trends, key statistics and forecast Till 2024. The report on global Outdoor LED Display Market evaluates the growth trends of the industry through historical study and estimates future prospects based on comprehensive research.
Features such as high cost-effectiveness, incredible visibility and dynamic content will drive growth in the billboards segment. Traffic lights accounted for more than 11.5% of the global outdoor LED display market share and is forecast to be valued over USD 1.95 billion by 2024. Growth in the segment can be dedicated to attributes such as ability to readily adopt to power supply changes, high energy efficiency and low maintenance cost.
Individually mounted technology was valued at USD 1.46 billion in 2015. Brighter illuminated display, minimal heat generation, and longer life is forecast to encourage retailers as well as commercial builders to adopt this technology.
Increased demand for sophisticated applications such as advertising boards, video walls, stadium screens, perimeter boards and scoreboards is anticipated to propel outdoor LED display market size from 2016 to 2024. Corporate brands opt for these devices owing to various benefits such as brightness, HD resolution, pitch, good pixel, durability, portability and energy efficiency.
Surface mounted technology is projected to grow with 26.5% CAGR from 2016 to 2024. Rising prominence of these devices may offer tough competition to conventional systems in the coming years. Advent of projector as well as LCD technology is anticipated to negatively impact demand. However, rising preference for energy efficient device, evolving screen dynamics and low operating costs may fuel outdoor LED display market share for various advertisement and sports events.
In 2015, North America accounted for over 19% of the revenue generated. Rising technology implementation in various locations including The Boardwalk and Times Squar is anticipated to propel demand through 2024. Bus stops and train stations are set to witness high deployment of interactive screens.
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The above information is provided on a regional and country basis for the following: U.S., Canada, UK, Germany, China, Mexico, Brazil
Table of Content
Chapter 1. Methodology & Scope
Chapter 2. Executive Summary
Chapter 3. Commercial Drone Industry Insights
Chapter 4. Competitive Landscape
Continued@........................
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