Market Overview:
The global LED rental market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for LED displays and lighting in various applications such as stadiums, arenas, convention centres, film bases and others. Additionally, the growing awareness about energy-efficient lighting solutions is also propelling the growth of this market. In terms of type, the LED rental market is segmented into LED walls, lighting fixtures/bulbs/tubes, displays (indoor/outdoor), configurations (fixed or modular) and other types (including digital signage). Among these segments, the display segment is expected to witness highest growth during the forecast period owing to rising demand for large-format displays for outdoor advertising and events. In terms of application,the global LED rental market is divided into five segments: stadiums & arenas; convention centres; film bases; retail outlets & shopping malls; and other applications including transportation hubs & airports etc. Among these segments, stadiums & arenas are expected to account for majority share in terms of revenue contribution followed by convention centres during 2018-2030.
Product Definition:
LED rental is an event production service that provides LED lighting displays and related services for events. LED rental is important because it can create dynamic and eye-catching lighting displays that can really add to the atmosphere of an event.
LED Walls:
LED walls are used to display information in the form of graphics or text. They are available in various shapes and sizes, can be installed as per customer requirements and they consume less power compared to LCD screens. LED walls have high demand owing to their low operational cost, longer life span, energy efficiency along with easy installation & maintenance features which is expected to drive the market growth over the forecast period.
Lighting:
Lighting is the source of light used for illumination purposes. The term generally used for interior decorative lighting as well as to provide general ambient lighting in commercial and residential areas. It can be classified into three types which are incandescent, fluorescent and LED based on the type of light source employed.
Application Insights:
The stadium, arena, convention centre, and film base application segments accounted for the largest market share of LED rental in 2017. These applications are projected to expand at a steady CAGR owing to their ability to create a carnival-like atmosphere and provide an immersive experience for customers. Moreover, these applications can also offer various functionalities such as digital signage & advertising that allow businesses or event managers to communicate with attendees or viewers directly.
Stadiums dominated the global LED rental market in terms of revenue in 2017 due to their ability not only provide an aesthetic appeal but also function as a gathering spot for fans during events such as football matches or rock concerts. Furthermore, stadiums can be equipped with numerous features including interactive boards that display information pertaining to upcoming events; video walls that enable users access data from multiple angles; and state-of-the art lighting systems capable of creating ambience appropriate settings enhancing the overall experience provided by them.
Regional Analysis:
The North American region dominated the global market in 2017. The growth can be attributed to various factors such as rising demand for technologically advanced products, growing number of corporate events and concerts, and increasing adoption of LED displays in major sports stadiums. Furthermore, the U.S.-based companies are focusing on expanding their business across the globe by acquiring local competitors or setting up joint ventures with international LED rental service providers. For instance, In January 2018; SMX Technology LLC acquired LEXINGTON Global Services Inc.
Asia Pacific is expected to emerge as one of the fastest-growing regions over the forecast period owing to several upcoming large-scale sporting events that require high-quality video displays & animations at affordable prices for spectators’ comfort & convenience.
Growth Factors:
- Increasing demand for energy-efficient lighting solutions
- Rising awareness about the benefits of LED lighting
- Proliferation of smart cities and LED-based infrastructure projects
- Growing demand from the commercial sector for energy-efficient LED lighting solutions
- Rapid advancements in LED technology
Scope Of The Report
Report Attributes
Report Details
Report Title
LED Rental Market Research Report
By Type
LED Walls, Lighting, Displays, Configurations, Other,
By Application
Stadium, Arena, Convention Centres, Film Base, Other,
By Companies
PixelFLEX LED, LEDVISION, YSLV, Matrix Visual, AV Rental, Barco, Absen Optoelectronic, Christie Digital Systems, Daktronics, Leyard Optoelectronic, Unilumin, Liantronics, SiliconCore Technology, Sansi, Elec-Tech International (China), Electronic Displays, Ledman, Mary Photoelectricity, NEC Display Solutions, Shenzhen AOTO Electronics, EKTARENT, Shenzhen Guojia Optic-electronic,
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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global LED Rental Market Report Segments:
The global LED Rental market is segmented on the basis of:
Types
LED Walls, Lighting, Displays, Configurations, Other,
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
Stadium, Arena, Convention Centres, Film Base, 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:
- PixelFLEX LED
- LEDVISION
- YSLV
- Matrix Visual
- AV Rental
- Barco
- Absen Optoelectronic
- Christie Digital Systems
- Daktronics
- Leyard Optoelectronic
- Unilumin
- Liantronics
- SiliconCore Technology
- Sansi
- Elec-Tech International (China)
- Electronic Displays
- Ledman
- Mary Photoelectricity
- NEC Display Solutions
- Shenzhen AOTO Electronics
- EKTARENT
- Shenzhen Guojia Optic-electronic
Highlights of The LED Rental 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:
- LED Walls
- Lighting
- Displays
- Configurations
- Other
- By Application:
- Stadium
- Arena
- Convention Centres
- Film Base
- 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 Rental 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 rental is a service that allows businesses and organizations to rent LED lights in bulk. These lights can be used for a variety of purposes, such as lighting up an event space or providing supplemental light during night time operations.
Some of the major companies in the led rental market are PixelFLEX LED, LEDVISION, YSLV, Matrix Visual, AV Rental, Barco, Absen Optoelectronic, Christie Digital Systems, Daktronics, Leyard Optoelectronic, Unilumin, Liantronics, SiliconCore Technology, Sansi, Elec-Tech International (China), Electronic Displays, Ledman, Mary Photoelectricity, NEC Display Solutions, Shenzhen AOTO Electronics, EKTARENT, Shenzhen Guojia Optic-electronic.
The led rental market is expected to grow at a compound annual growth rate of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. LED Rental 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 Rental Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. LED Rental Market - Supply Chain
4.5. Global LED Rental Market Forecast
4.5.1. LED Rental Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. LED Rental Market Size (000 Units) and Y-o-Y Growth
4.5.3. LED Rental Market Absolute $ Opportunity
5. Global LED Rental 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 Rental Market Size and Volume Forecast by Type
5.3.1. LED Walls
5.3.2. Lighting
5.3.3. Displays
5.3.4. Configurations
5.3.5. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global LED Rental 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 Rental Market Size and Volume Forecast by Application
6.3.1. Stadium
6.3.2. Arena
6.3.3. Convention Centres
6.3.4. Film Base
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global LED Rental 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 Rental 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 Rental 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 Rental 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 Rental Demand Share Forecast, 2019-2026
9. North America LED Rental 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 Rental 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 Rental Market Size and Volume Forecast by Application
9.4.1. Stadium
9.4.2. Arena
9.4.3. Convention Centres
9.4.4. Film Base
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America LED Rental Market Size and Volume Forecast by Type
9.7.1. LED Walls
9.7.2. Lighting
9.7.3. Displays
9.7.4. Configurations
9.7.5. Other
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 Rental Demand Share Forecast, 2019-2026
10. Latin America LED Rental 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 Rental 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 Rental Market Size and Volume Forecast by Application
10.4.1. Stadium
10.4.2. Arena
10.4.3. Convention Centres
10.4.4. Film Base
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America LED Rental Market Size and Volume Forecast by Type
10.7.1. LED Walls
10.7.2. Lighting
10.7.3. Displays
10.7.4. Configurations
10.7.5. Other
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 Rental Demand Share Forecast, 2019-2026
11. Europe LED Rental 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 Rental 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 Rental Market Size and Volume Forecast by Application
11.4.1. Stadium
11.4.2. Arena
11.4.3. Convention Centres
11.4.4. Film Base
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe LED Rental Market Size and Volume Forecast by Type
11.7.1. LED Walls
11.7.2. Lighting
11.7.3. Displays
11.7.4. Configurations
11.7.5. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Grwth 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 Rental Demand Share, 2019-2026
12. Asia Pacific LED Rental 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 Rental 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 Rental Market Size and Volume Forecast by Application
12.4.1. Stadium
12.4.2. Arena
12.4.3. Convention Centres
12.4.4. Film Base
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific LED Rental Market Size and Volume Forecast by Type
12.7.1. LED Walls
12.7.2. Lighting
12.7.3. Displays
12.7.4. Configurations
12.7.5. Other
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 Rental Demand Share, 2019-2026
13. Middle East & Africa LED Rental 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 Rental 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 Rental Market Size and Volume Forecast by Application
13.4.1. Stadium
13.4.2. Arena
13.4.3. Convention Centres
13.4.4. Film Base
13.4.5. 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 Rental Market Size and Volume Forecast by Type
13.7.1. LED Walls
13.7.2. Lighting
13.7.3. Displays
13.7.4. Configurations
13.7.5. Other
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 Rental Demand Share, 2019-2026
14. Competition Landscape
14.1. Global LED Rental Market: Market Share Analysis
14.2. LED Rental Distributors and Customers
14.3. LED Rental Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. PixelFLEX LED
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. LEDVISION
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. YSLV
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Matrix Visual
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. AV Rental
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. Absen Optoelectronic
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Christie Digital Systems
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Daktronics
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Leyard Optoelectronic
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Unilumin
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Liantronics
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. SiliconCore Technology
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Sansi
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Elec-Tech International (China)
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Electronic Displays
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Ledman
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Mary Photoelectricity
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. NEC Display Solutions
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Shenzhen AOTO Electronics
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
