Press release
Outdoor LED Display Market 2020 Size, Share, Trends, Demand, Dynamics, Emerging Opportunities, Sales Revenue and Forecast analysis 2027
Global Outdoor LED Display Market Research Report 2021-2027” This report researches the worldwide Outdoor LED Display Market size (type, application, and region) in key regions like North America, Europe, Asia Pacific (China, Japan) and other regions. The report provides a unique tool for evaluating the Market, highlighting opportunities, and supporting strategies. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date Marketing information is essential to monitor performance and make critical decisions for growth and profitability. It provides information on trends and developments, and focuses on Markets and materials, capacities and technologies, and on the changing dynamics of the Outdoor LED Display Market.Surge in digital advertisements, enhanced power efficiency, and increase in number of digital sponsorships drive the growth of the global outdoor LED display market. However, high investments and installation costs restrain the market growth. On the other hand, alternate LED advertisement designs to present new opportunities in the coming years.
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Outdoor LED Display Market Competitive Analysis:
The key players profiled in the report include Barco, Daktronics, Inc., Electronic Displays Inc., Galaxia Electronics, Leyard, LG Electronics., Lighthouse Technologies Limited, Panasonic Corporation, Shenzhen Dicolor Optoelectronics Co., Ltd, and Toshiba Tec Corporation. Market players have adopted various strategies such as product launch, collaboration & partnership, joint venture, and acquisition to expand their foothold in the outdoor LED display market.
Covid-19 Impact on the Global Advanced Packaging Market:
Outdoor LED Display Market Research Report offers an outline of the market based on basic parameters such as market size, sales analysis, and key drivers. The market is expected to expand on a large scale during the forecast period (2021-2027). This report includes COVID-19 impacts on the market. The unprecedented arrival of the coronavirus pandemic (COVID-19) has troubled the complete lifestyles. This in turn has affected some of the market situations along with introducing new norms. The broad view of the research report, therefore, provides the users with the total impacts of covid19 on the industry and the market players.
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Covid-19 scenario:
Due to lockdown, the utilization of outdoor LED displays has reduced considerably as marketing will prove to be futile.
Production facilities have stopped operations to reduce prevalence of coronavirus. Moreover, the supply chain has been disrupted.
As lockdown restrictions are loosened, these displays have been utilized by governments to spread awareness regarding measures to be taken for prevention of coronavirus infection.
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Outdoor LED Display Market Segmentation:
The research provides an in-depth segmentation of the global Outdoor LED Display Market based on the type, application, and region. It also presents a comprehensive examination of sales, revenue, growth rate, and market share of each for the historic period and the forecast period.
Outdoor LED Display Market Regional Analysis:
The report offers a region-wise analysis of the market along with the competitive landscape in each region. The study covers regions including North America (the United States, Canada, and Mexico), Europe (Germany, France, UK, Russia, and Italy), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), South America (Brazil, Argentina, and Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa). These insights assist to formulate strategies and create new opportunities to accomplish remarkable outcomes.
Get more info @ http://www.globenewswire.com/news-release/2020/05/19/2035705/0/en/Outdoor-LED-Display-Market-to-Reach-17-41-Billion-by-2027-At-11-4-CAGR.html
Key Findings Of The Study
In 2019, the individually mounted segment accounted for the maximum revenue and is projected to grow at a notable CAGR of 8.9% during the forecast period.
Traffic lights segment of the global outdoor LED display market is projected to growth at a CAGR of 11.4% during the forecast period.
The billboards and mobile LED displays segment together accounted for around 50.0 % of the global outdoor LED display market share in 2019.
Asia-Pacific region contributed major share in global outdoor LED display market, accounting for more than 35.0% share in 2019.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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