Outdoor LED Display Market 2021 Emerging Players, Growth Analysis and Precise Outlook – Daktronics, Samsung, Unilumin, Leyard, Absen, LianTronics, Shenzhen Lightking Tech Group Co., Ltd

This report discusses many vital industry facets that influence Global Outdoor LED Display industry acutely which includes extensive study of competitive edge, latest advancements, region-wise industry environment, contemporary market and manufacturing trends, leading market contenders, and current consumption tendency of the end user. The report also oversees market size, market share, growth rate, revenue, and CAGR reported previously along with its forecast estimation. The impact of the COVID-19, and also forecasts its recovery post-COVID-19. The report also presents forecasts for Sodium-ion Battery investments from 2021 till 2027.

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Outdoor LED Display Market generated $6.39 billion in 2020, and is expected to reach $14.52 billion by 2030, registering a CAGR of 9.1% from 2021 to 2030

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendors/manufacturers in the market. The key manufacturers covered in this report: Daktronics, Samsung, Unilumin, Leyard, Absen, LianTronics, Shenzhen Lightking Tech Group Co., Ltd., Lighthouse Technologies Limited, Sansi, Yaham Electronics, Ledman Optoelectronic Co., Ltd., Shenzhen Mary Photoelectricity Co.Ltd(MRLED), Lopu, Shenzhen AOTO Electronics Co., Ltd., Chipshow, Shenzhen CLT, INFiLED, Retop LED Display Co., LTD., QSTECH Co., Ltd., Shenzhen Teeho Optoelectronic Co., Ltd

News and Updates

LG launches new outdoor LED signage displays- LG Business Solutions USA has introduced a new line of high-brightness outdoor LED signage displays. The six models in the GSCA Versatile Series, GSCC Essential Series and GSCD Ultra Light Series have standard pixel pitches ranging from 3.9 mm to 16 mm as well as webOS control, remote diagnostics and failover protection. 

Panasonic launches outdoor LED digital signage display- Panasonic has launched a rain, dust and sunlight resistant Full-HD LED display for the outdoor digital signage market.

Hikvision launches LED display product line- Hikvision, the world’s leading provider of innovative security products and solutions, has launched a full range of LED displays, providing seamless, high-definition and colorful imaging. Developed and manufactured internally, Hikvision’s LED displays offer indoor fine pitch LED, indoor fixed LED, outdoor LED, and transparent LED technologies to cover a wide range of customization needs

Market Overview

Rise in digital advertisements, power efficiency feature, and high digital sponsorship & information displayers have boosted the growth of the global outdoor LED display market. However, high installation & initial cost hinders the market growth. On the contrary, alternate LED advertisement designs are expected to open new opportunities for the market players in the future.

Outdoor LED display offers a host of advantages pertaining to superior features such as energy efficiency, environment friendliness, and extra durability. In several countries worldwide such as China, India, and GCC nations government initiatives that encourage energy efficiency is fueling the adoption of outdoor LED displays.

Outdoor LEDs enable energy saving more than 50% compared to predecessor technologies such as LCD and plasma, thereby helping curb carbon emissions. Moreover, as the backlight source of LED display is composed of semiconductors, it does contain any gas or filament thus improving the durability of the display.

Asia Pacific dominated the outdoor LED display market in 2014, and is expected to grow at a CAGR of over 25% from 2015 to 2022. The industry is majorly driven by the presence of several key distributors and manufacturers in China, Japan, and Korea. Increasing demand for cost effective tri-color and monochrome solutions on streets, pedestrian walks and public places is expected to boost sales in the region.

Outdoor LED Display Market Segmentation:

Breakdown Data by Type

Single Color

Two-color/Three-color

Full Color

Outdoor LED Display Breakdown Data by Application

Advertising Media

Traffic and Safety

Gym

Other

Regional and Country-level Analysis

The report offers an exhaustive geographical analysis of the global Outdoor LED Display market, covering important regions, viz, North America, Europe, China, and Japan. It also covers key countries (regions), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.

Strategic Points Covered in TOC:

The report focuses on global major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials, equipment and downstream consumers analysis is also carried out. What's more, the Outdoor LED Display industry development trends and marketing channels are analyzed. Finally, the feasibility of new investment projects is assessed, and overall research conclusions are offered.

Outdoor LED Display market research includes the methodical description of the various factors such as the market growth and detailed information about the different company’s revenue, technological developments, production, and the various other strategic developments. The regional spaces of significant components, including the capacity, cost, price, technology, supplies, profit, and competition are analyzed.

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Outdoor LED Display Analysis and Strategies Carry Out as below:

The report elucidates a gist of the tried-and-tested as well as innovative strategies undertaken by potential stakeholders with regards to the marketing of the product.
The sales channels chosen (that include direct as well as indirect marketing) by the companies are briefly enumerated in the Outdoor LED Display market report.
The distributors of these products and a gist of the top-of-the-notch customers for the same are also encompassed in the study.
The report is inclusive of the pivotal driving forces influencing the commercialization landscape of the Outdoor LED Display market and their impact on the revenue scale of this business sphere.
The rising product demand from the key geographies as well as the pivotal applications and potential business arenas are also included in the Outdoor LED Display Market report.

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Note: All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

Irfan Tamboli (Head of Sales) – Market Insights Reports
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irfan@marketinsightsreports.com

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

This release was published on openPR.