Global Outdoor LED Displays Market Research Report 2023

LED display is a flat panel display, which uses an array of light-emitting diodes as pixels for a video display. Their brightness allows them to be used outdoors where they are visible in the sun for store signs and billboards, and in recent years they have also become commonly used in destination signs on public transport vehicles, as well as variable-message signs on highways. LED displays are capable of providing general illumination in addition to visual display, as when used for stage lighting or other decorative (as opposed to informational) purposes.

Market Analysis and Insights: Global Outdoor LED Displays Market

Due to the COVID-19 pandemic, the global Outdoor LED Displays market size is estimated to be worth US$ 12290 million in 2023 and is forecast to a readjusted size of US$ 19290 million by 2030 with a CAGR of 7.8% during the forecast period 2023-2030. Fully considering the economic change by this health crisis, Surface Mounted accounting for % of the Outdoor LED Displays global market in 2022, is projected to value US$ million by 2030, growing at a revised % CAGR from 2023 to 2030. While Commercial segment is altered to an % CAGR throughout this forecast period.

Outdoor LED displays have been gaining popularity in the recent years, owing to significant technological advancements such as automated LED displays, wireless control systems, better picture quality, and high brightness.

Global Outdoor LED Displays Market: Drivers and Restrains

The research report has incorporated the analysis of different factors that augment the market?s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2030. This section mentions the volume of production by region from 2017 to 2030. Pricing analysis is included in the report according to each type from the year 2017 to 2030, manufacturer from 2017 to 2023, region from 2017 to 2023, and global price from 2017 to 2030.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert?s opinions have been taken to understand the market better.

Global Outdoor LED Displays Market: Segment Analysis

The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2030. by Application segment also provides consumption during the forecast period of 2017 to 2030. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type

• Surface Mounted
• Individually Mounted

Segment by Application

• Commercial
• Municipal & Utilities
• Others

By Company

• LG Electronics
• Sony
• Toshiba
• Panasonic
• Barco
• Daktronics
• EKTA
• Electronic Displays
• Leyard Opto-Electronic
• Shenzhen Dicolor Optoelectronics

Production by Region

• North America
• Europe
• China
• Japan
• South Korea

Consumption by Region

• North America
• U.S.
• Canada
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Asia-Pacific
• China
• Japan
• South Korea
• India
• Australia
• Taiwan
• Indonesia
• Thailand
• Malaysia
• Philippines
• Vietnam
• Latin America
• Mexico
• Brazil
• Argentina

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