Market Overview:
The global LED outdoor displays market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for LED outdoor displays for various applications such as gym, station, advertising and others. Additionally, the growing awareness about energy-efficient lighting solutions is also propelling the growth of this market. Based on type, monochromatic LED outdoor displays are expected to hold a major share in the global LED outdoor displays market during the forecast period from 2018 to 2030. This can be attributed to their low power consumption and high efficiency as compared with other types of LED outdoor displays available in the market.
Product Definition:
An LED outdoor display is a digital billboard or advertising sign that uses light-emitting diodes (LEDs) as its pixels. Outdoor LED displays offer many advantages over traditional billboards and other out-of-home media. They are typically brighter, consume less power, and can be controlled more easily to create dynamic messages.
Monochromatic:
Monochromatic is a term used for displays that use only one color, usually red or green. Monochromatic display technology is growing in popularity due to its eco-friendly nature as it does not require any harmful dyes or fluorescent lamps and can produce the same effect as the sun using less power. The technology has been around for many years but has recently gained more importance owing to consumer demand and technological advancements.
Double Colors:
Double colors is a combination of two different color lights in the same LED. It helps to increase the brightness and contrast ratio of an LED display. The most common example would be a red traffic light that indicates stop, green signal means go. In double colors system, there are two different colored LEDs in one sign or symbol for indicating different messages by using only one set of electronics.
Application Insights:
Based on the application, the market has been segmented into advertising, gym, station, other. Other applications include corporate and public places such as highways and byways. The advertising segment dominated the overall industry in terms of revenue in 2017 owing to a high preference for LED displays over other forms of display due to their flexibility and energy efficiency. Furthermore, companies are investing significantly in digital signage solutions for outdoor advertisements which is expected to fuel product demand over the forecast period.
The gymnasiums are anticipated to be one of the fastest-growing segments during the forecast period owing to an increase in fitness consciousness among consumers across various regions including North America and Europe Pacific which is likely drive product demand within this application segment during future years.
Regional Analysis:
The North American region accounted for the largest share of over 35% in 2017. The U.S., being the most developed economy, has a higher penetration of LED screens compared to other regions. Furthermore, with increasing adoption of digital signage in corporate and commercial spaces, demand for outdoor displays is expected to rise significantly over the forecast period.
Asia Pacific regional market is anticipated to register significant growth from 2018 to 2030 owing to rising investments by governments and private companies on developing public spaces such as airports and sports stadiums that can accommodate large-sized LED screens easily.
Growth Factors:
- Increasing demand for outdoor displays from the retail sector for advertising and promotional purposes
- Rising demand for LED outdoor displays from the transportation sector for information dissemination and passenger safety purposes
- Growing popularity of digital signage among businesses to communicate with customers and employees
- Proliferation of internet-of-things (IoT) devices that can be used to control LED outdoor displays remotely
- Advances in display technology that are making LED outdoor displays more affordable, efficient, and visually appealing
Scope Of The Report
Report Attributes
Report Details
Report Title
LED Outdoor Displays Market Research Report
By Type
Monochromatic, Double Colors, Three Primary Colors
By Application
Gym, Station, Advertising, Other
By Companies
Samsung, LG, Panasonic, Genetouch, Hisense, Barco, Kortek, Pro Display, Konka, Norton, Gleled
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global LED Outdoor Displays Market Report Segments:
The global LED Outdoor Displays market is segmented on the basis of:
Types
Monochromatic, Double Colors, Three Primary Colors
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Gym, Station, Advertising, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Samsung
- LG
- Panasonic
- Genetouch
- Hisense
- Barco
- Kortek
- Pro Display
- Konka
- Norton
- Gleled
Highlights of The LED Outdoor Displays Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Monochromatic
- Double Colors
- Three Primary Colors
- By Application:
- Gym
- Station
- Advertising
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the LED Outdoor Displays Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
LED outdoor displays are a type of LED signage that is designed to be mounted outdoors. They typically use high-quality LEDs and are weatherproof, making them perfect for advertising or displaying information in areas where the weather can be unpredictable.
Some of the key players operating in the led outdoor displays market are Samsung, LG, Panasonic, Genetouch, Hisense, Barco, Kortek, Pro Display, Konka, Norton, Gleled.
The led outdoor displays market is expected to register a CAGR of 10.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. LED Outdoor Displays Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. LED Outdoor Displays Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. LED Outdoor Displays Market - Supply Chain
4.5. Global LED Outdoor Displays Market Forecast
4.5.1. LED Outdoor Displays Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. LED Outdoor Displays Market Size (000 Units) and Y-o-Y Growth
4.5.3. LED Outdoor Displays Market Absolute $ Opportunity
5. Global LED Outdoor Displays Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. LED Outdoor Displays Market Size and Volume Forecast by Type
5.3.1. Monochromatic
5.3.2. Double Colors
5.3.3. Three Primary Colors
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global LED Outdoor Displays Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. LED Outdoor Displays Market Size and Volume Forecast by Application
6.3.1. Gym
6.3.2. Station
6.3.3. Advertising
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global LED Outdoor Displays Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. LED Outdoor Displays Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global LED Outdoor Displays Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. LED Outdoor Displays Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global LED Outdoor Displays Demand Share Forecast, 2019-2026
9. North America LED Outdoor Displays Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America LED Outdoor Displays Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America LED Outdoor Displays Market Size and Volume Forecast by Application
9.4.1. Gym
9.4.2. Station
9.4.3. Advertising
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America LED Outdoor Displays Market Size and Volume Forecast by Type
9.7.1. Monochromatic
9.7.2. Double Colors
9.7.3. Three Primary Colors
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America LED Outdoor Displays Demand Share Forecast, 2019-2026
10. Latin America LED Outdoor Displays Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America LED Outdoor Displays Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America LED Outdoor Displays Market Size and Volume Forecast by Application
10.4.1. Gym
10.4.2. Station
10.4.3. Advertising
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America LED Outdoor Displays Market Size and Volume Forecast by Type
10.7.1. Monochromatic
10.7.2. Double Colors
10.7.3. Three Primary Colors
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America LED Outdoor Displays Demand Share Forecast, 2019-2026
11. Europe LED Outdoor Displays Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe LED Outdoor Displays Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe LED Outdoor Displays Market Size and Volume Forecast by Application
11.4.1. Gym
11.4.2. Station
11.4.3. Advertising
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe LED Outdoor Displays Market Size and Volume Forecast by Type
11.7.1. Monochromatic
11.7.2. Double Colors
11.7.3. Three Primary Colors
11.8. Basis Point Share (BPS) Analsis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe LED Outdoor Displays Demand Share, 2019-2026
12. Asia Pacific LED Outdoor Displays Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific LED Outdoor Displays Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific LED Outdoor Displays Market Size and Volume Forecast by Application
12.4.1. Gym
12.4.2. Station
12.4.3. Advertising
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific LED Outdoor Displays Market Size and Volume Forecast by Type
12.7.1. Monochromatic
12.7.2. Double Colors
12.7.3. Three Primary Colors
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific LED Outdoor Displays Demand Share, 2019-2026
13. Middle East & Africa LED Outdoor Displays Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa LED Outdoor Displays Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa LED Outdoor Displays Market Size and Volume Forecast by Application
13.4.1. Gym
13.4.2. Station
13.4.3. Advertising
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa LED Outdoor Displays Market Size and Volume Forecast by Type
13.7.1. Monochromatic
13.7.2. Double Colors
13.7.3. Three Primary Colors
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa LED Outdoor Displays Demand Share, 2019-2026
14. Competition Landscape
14.1. Global LED Outdoor Displays Market: Market Share Analysis
14.2. LED Outdoor Displays Distributors and Customers
14.3. LED Outdoor Displays Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Samsung
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. LG
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Panasonic
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Genetouch
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Hisense
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Barco
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Kortek
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Pro Display
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Konka
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Norton
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Gleled
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
