New York (US) – Key Companies Covered in the Outdoor LED Display Market Research are Barco, Daktronics, Inc., Electronic Displays Inc., Galaxia Electronics, Leyard, LG Electronics, Lighthouse Technologies Limited, Panasonic Corporation, Sony Corporation, and Toshiba Tec Corporation. and other key market players.
Outdoor LED displays are big hoardings used to display live advertisements, images, promotional videos, and others. It is usually placed in any open-air and central areas such as avenues, malls, parks, and parking lots. Furthermore, the displays consist of light-emitting diode (LED), which is a semiconductor chip that emits light of different colors with wavelengths in the visible spectrum. These displays use high brightness LEDs, and are extensively used in outdoor applications such as live advertisements, bill boards, videos walls, and others.
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Moreover, outdoor LED displays are designed using dual in-line package (DIP) technology, which makes them suitable for any weather, and the content on the displays are visible from far off distance even during day and night. Increased preference of LED display advertising over paper or poster-based advertising due to rapid use by sponsors in the entertainment shows, sports events, and exhibitions. Rise in sports events & exhibitions, seminars, ceremonies, and other such events using outdoor LED displays drives the market growth. In addition, surge in energy consumption concerns prompts the use of these display, as it ensures high cost & power saving, making it highly energy efficient.
This fuels the market growth. However, high initial investments and unstable demand are the major factors that limit the market growth. Conversely, alternative advertisement designs and increase in events such as sports, event management, transport, and others are some of the factors expected to provide growth opportunities for the market in the upcoming years.
The outdoor LED display market is segmented into type, application, and region. By type, it is bifurcated into surface mounted and individually mounted. By application, it is classified into billboards, mobile LED displays, perimeter boards, traffic lights, video walls, and others. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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– The study provides an in-depth analysis of the global outdoor LED display market along with the current & future trends to elucidate the imminent investment pockets. – Information about key drivers, restrains, and opportunities and their impact analysis on the market size is provided in the report. – Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the industry. – The quantitative analysis of the global outdoor LED display market from 2020 to 2027 is provided to determine the market potential.
By Type – Surface Mounted – Individually Mounted
By Application – Billboards – Mobile LED Displays – Perimeter Boards – Traffic Lights – Video Walls – Others
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By Region – North America o U.S. o Canada o Mexico – Europe o Germany o UK o France o Italy o Spain o Rest of Europe – Asia-Pacific o China o Japan o India o Southeast Countries o Rest of Asia-Pacific – LAMEA o Latin America o Middle East o Africa
Key Questions Answered in the Market Report
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