Outdoor LED Display Market Is Expected To Reach Worth US$ 19.0 Bn By 2023

According to a new market report published by Acute Market Reports Inc., “Outdoor LED Display Market (By Technology (Individually Mounted and Surface Mounted), By Application (LED Billboards, Perimeter LED Boards, LED Video Walls, LED Mobile Panel, LED Traffic Light, and Other Applications), By Color Display (Monochrome Display, Full color Display, and Tri-color Display)) – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 – 2023”, the outdoor LED display market is expected to witness a double digit CAGR during the forecast period 2016 to 2023.

Browse the full Outdoor LED Display Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 – 2023 report at https://www.acutemarketreports.com/report/outdoor-led-display-market

Market Insights

An outdoor LED display is a flat panel display which uses a range of light emitting diodes as pixels for a video display. Comparatively high brightness of LED displays makes them suitable to be used outdoors in billboards, perimeter boards, and video walls among others for advertising purpose. In recent years, LED displays have also become popular destination signs on public transport cars.  

Outdoor LED displays are quickly becoming popular across private as well as public environments on account of benefits offered in terms of durability, energy efficiency, and operational cost among others. Apart from application, the global outdoor LED display market is also segregated by technology and display type.

In 2015, full color outdoor LED displays led the overall market on account of its ability to offer high quality videos and animations. In terms of technology, individually mounted outdoor LED displays accounted for majority of the market revenue share in 2015 and would continue to dominate throughout the forecast period.

Competitive Insights:

The global outdoor LED display market is highly competitive and technology driven. The top four players in the market collectively account for less than 45 percent of the global outdoor LED display market revenue. Some of the leading players identified in the global outdoor LED display market include LG Electronics, Inc., Panasonic Corporation, Sony Corporation, Barco NV, Data Display Co., Ltd., Daktronics, Inc., Toshiba Corporation, Lighthouse Technologies, Ltd., Shenzhen Dicolor Optoelectronics Co. Ltd., Leyard Opto-Electronic Company Ltd., Buchi Labortechnik AG, and EKTA Ltd. among others.

The global outdoor LED display market also includes large number of niche players accounting for trivial market share individually. The players in the market are focused on offering complete turn-key solutions and quality pre- and post-sales services. The global outdoor LED display market being technology driven, the competitive rivalry among market players is expected to remain high throughout the forecast period 2016 – 2023.

Table of Content

1. Preface
   1.1. Report Scope and Description
   1.2. Research Methodology
   1.2.1. Phase I-Secondary Research
   1.2.2. Phase II-Primary Research
   1.2.3. Phase II-Expert Panel Review
   1.2.4. Assumptions
   1.2.5. Approach Adopted
2. Executive Summary
   2.1. Global Outdoor LED Display Market Snapshot
3. Global Outdoor LED Display Market Analysis
   3.1. Global Outdoor LED Display Market Overview
   3.2. Market Inclination Insights
   3.2.1. Recent Trends
   3.2.2. Future Outlook
   3.3. Market Dynamics
   3.3.1. Market Drivers
   3.3.2. Market Challenges
   3.4. Attractive Investment Proposition
   3.5. Porters Five Force Analysis
   3.6. Competitive Landscape
   3.6.1. Market Positioning of Leading Manufacturers
   3.6.2. Major Strategies Adopted
   3.6.3. Analyst Recommendations
4. Global Outdoor LED Display Market Revenue, By Technology, 2014 -2023 (US$ Bn)
   4.1. Pac-Man Analysis
   4.2. Individually Mounted
   4.3. Surface Mounted
5. Global Outdoor LED Display Market Revenue, By Application, 2014 -2023 (US$ Bn)
   5.1. Tornado Analysis
   5.2. LED Billboards
   5.3. Perimeter LED boards
   5.4. LED Video walls
   5.5. LED Mobile Panel
   5.6. LED Traffic Lights
   5.7. Other Applications
6. Global Outdoor LED Display Market Revenue, By Color Display, 2014 -2023 (US$ Bn)
   6.1. Monochrome Display
   6.2. Tri-color Display
   6.3. Full color Display
7. North America Outdoor LED Display Market Analysis, 2014 -2023 (US$ Bn)
   7.1. North America Outdoor LED Display Market Revenue, By Technology, 2014 -2023 (US$ Bn)
   7.1.1. Individually Mounted
   7.1.2. Surface Mounted
   7.2. North America Outdoor LED Display Market Revenue, By Application, 2014 -2023 (US$ Bn)
   7.2.1. LED Billboards
   7.2.2. Perimeter LED boards
   7.2.3. LED Video walls
   7.2.4. LED Mobile Panel
   7.2.5. LED Traffic Lights
   7.2.6. Other Applications
   7.3. North America Outdoor LED Display Market Revenue, By Color Display, 2014 -2023 (US$ Bn)
   7.3.1. Monochrome Display
   7.3.2. Tri-color Display
   7.3.3. Full color Display
   7.4. North America Outdoor LED Display Market Revenue, By Country, 2014 -2023 (US$ Bn)
   7.4.1. U.S.
   7.4.1.1. U.S. Outdoor LED Display Market Revenue, By Technology, 2014 -2023 (US$ Bn)
   7.4.1.2. U.S. Outdoor LED Display Market Revenue, By Application, 2014 -2023 (US$ Bn)
   7.4.1.3. U.S. Outdoor LED Display Market Revenue, By Color Display, 2014 -2023 (US$ Bn)
   7.4.2. Canada
   7.4.2.1. Canada Outdoor LED Display Market Revenue, By Technology, 2014 -2023 (US$ Bn)
   7.4.2.2. Canada Outdoor LED Display Market Revenue, By Application, 2014 -2023 (US$ Bn)
   7.4.2.3. Canada Outdoor LED Display Market Revenue, By Color Display, 2014 -2023 (US$ Bn)

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Research methodology applied for this study:

Methodology of this research study includes primary and secondary research for defining the market size, shares and forecast for global Outdoor LED Display market specific to key segments, and regional segmentation.

a.            Secondary Research

Secondary research was initiated with data collected through sources such as press releases, company annual reports, and relevant documents focusing on the current developments in the global Outdoor LED Display market. Authentic sources such as university research papers, scientific journals, and government websites were similarly screened for identifying business opportunities in several geographical markets and penetration of various products/services in these geographies. Paid databases were excavated to assemble information beneficial for broad commercial study of the key players operating in Outdoor LED Display market. In case lack of data availability on the public domain, we used estimation models to arrive at comprehensive data sets. Secondary research helped to create a firm base to build market size, analyze trends, and understand the dynamics of Outdoor LED Display market study.

b.            Primary Research

The exhaustive secondary research practiced was supported & validated by extensive primary research. Primary research was carried out with the help of e-mail interactions, telephonic interviews, as well as face-to-face interviews with the leading industry stakeholders.

The participants tracked for primary interviews include:

•             Marketing/product managers

•             Vice President/ CEOs

•             National sales managers

•             Market intelligence managers

•             Distributors

•             Purchasing managers

•             Other stakeholders