Press release
Outdoor LED Display Market 2021 Global Trend, Segmentation and Opportunities Forecast to 2024 | LG Electronics, Sony, Panasonic, Toshiba, Daktronics, Shenzhen Dicolor and Electronic Displays
Strategically placed billboards, for instance, are perceived as an exceptional method for delivering high-quality information and promotional messages to potential consumers. In stark contrast to standard billboards, electronic or digital billboards use significantly efficient light emitting diodes (LEDs) to showcase full-color high quality broadcast graphics, videos and animations.
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Top Key Players Are : LG Electronics, Sony, Panasonic, Toshiba, Daktronics, Shenzhen Dicolor and Electronic Displays. Other prominent industry participants include Barco NV, Optoelectronics, Leyard Optoelectronic, and Lighthouse Technologies
Outdoor LEDs come in a variety of color displays, namely tri-color, full color, and monochrome models. Undoubtedly, the full color model encompasses the best features and has the ability to depict colorful animations, images, and videos, subject to which full color outdoor LED display market will grow at a significant pace over 2016-2024. Even the tri-color display model is gaining remarkable prominence, pertaining to its rising adoption in scoreboards, digital signage, and perimeter boards. On account of the rapid development of digital signage market, tri-color outdoor LED display industry is expected to register a CAGR of 22.3% over 2016-2024.
LED screens incorporating interactive visualization technology are forecast to be deployed increasingly across bus stops and train stations, owing to growing trend of utilizing high tech 3D powered interactive imaging. This trend is predicted to contribute heavily toward outdoor LED display market growth.
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Outdoor LEDs are used across billboards, matrix boards, perimeter boards, video walls, mobile panels, and traffic signals. Traffic light applications held more than 11.5% of outdoor LED display industry in 2015 and are predicted to be worth more than USD 1.95 billion by 2024, with a CAGR estimation of 19% over 2016-2025. This growth can be primarily attributed to factors such as high energy efficiency, adaptability to varied power supply, and reduced maintenance expenses.
Outdoor LEDs that depict stupendous visibility and cost-efficiency are used by companies to advertise their products and services on billboards and hoardings. On these grounds, outdoor LED market from billboards is projected to grow at a rate of 24.8% over 2016-2024, having accounted for more than 40% of the overall revenue in 2015.
Table Of Content:
Chapter 4. Outdoor LED Display Technology Insights
4.1. Outdoor LED display market share by technology, 2015 & 2024
4.2. Individually Mounted
4.2.1. Market estimates and forecasts by region, 2013 - 2024
4.3. Surface Mounted
4.3.1. Market estimates and forecasts by region, 2013 - 2024
Chapter 5. Outdoor LED Display Application Insights
5.1. Outdoor LED display market share by application, 2015 & 2024
5.2. LED Billboards
5.2.1. Market estimates and forecasts by region, 2013 - 2024
5.3. Perimeter LED boards
5.3.1. Market estimates and forecasts by region, 2013 – 2024
5.4. LED Mobile Panel
5.4.1. Market estimates and forecasts by region, 2013 - 2024
5.5. LED Traffic Lights
5.5.1. Market estimates and forecasts by region, 2013 - 2024
5.6. LED Video walls
5.6.1. Market estimates and forecasts by region, 2013 – 2024
5.7. Other LED Matrix Boards
5.7.1. Market estimates and forecasts by region, 2013 – 2024
Chapter 6 Outdoor LED Display Color Display Insights
6.1. Outdoor LED display market share by technology, 2015 & 2024
6.2. Monochrome Display
6.2.1. Market estimates and forecasts by region, 2013 - 2024
6.3. Tri-Color Display
6.3.1. Market estimates and forecasts by region, 2013 – 2024
6.4. Full Color Display
6.4.1. Market estimates and forecasts by region, 2013 - 2024
Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/outdoor-LED-market
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
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About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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