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Global Analysis on Outdoor LED Display Market | BARCO NV, Daktronics, Data Display Systems,BÜCHI Labortechnik AG, Electronic Displays, Leyard Optoelectronic, LG Electronics, Lighthouse Technologies, Panasonic, Shenzhen Dicolor Optoelectronics, Sony and To
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OLEDs are gaining prominence globally due to their increased application scope. North America covered more than 19% of the overall revenue share in 2015, with U.S. being the key contributor, having covered more than 50% of the regional industry share.
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.
Key players operating in outdoor LED displays market include
o BARCO NV
o Daktronics
o Data Display Systems LLC
o BÜCHI Labortechnik AG
o Electronic Displays Inc
o Leyard Optoelectronic Co.Ltd.
o LG Electronics
o Lighthouse Technologies
o Panasonic
o Shenzhen Dicolor Optoelectronics Co.,Ltd
o Sony
o Toshiba
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OLEDs find extensive usage across numerous applications and advertising methodologies. Traffic lights contributed to more than 11.5% of the overall outdoor LED displays market share in 2015. Driven by enhanced efficiency and low maintenance charges, outdoor LED displays industry from traffic lights is set to grow at a CAGR of 19% over 2016-2024, and will hit a revenue of more than USD 1.95 billion by 2024.
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