Home / Semiconductor & Electronics / Outdoor LED Display Market By Technology (Individually Mounted, Surface Mounted), By Application (Tornado Analysis, LED Billboards, Perimeter LED Boards, LED Video Walls, LED Mobile Panel, LED Traffic Lights), By Color Display (Monochrome Display, Tri-Color Display, Full Color Display) - Growth, Share, Opportunities, Competitive Analysis And Forecast To 2016 - 2023

Outdoor LED Display Market By Technology (Individually Mounted, Surface Mounted), By Application (Tornado Analysis, LED Billboards, Perimeter LED Boards, LED Video Walls, LED Mobile Panel, LED Traffic Lights), By Color Display (Monochrome Display, Tri-Color Display, Full Color Display) - Growth, Share, Opportunities, Competitive Analysis And Forecast To 2016 - 2023

Published: Oct 2016 | Report Code: 58124-10-16

Report Scope

This report analyzes the global outdoor LED display market in terms of application, technology, color display, and geography. On the basis of application, the global outdoor LED display market is segmented into LED billboards, perimeter LED boards, LED video walls, LED mobile panel, and LED traffic lights among other applications. In terms of color display, the market is segregated into monochrome display, full color display, and tri-color display. Similarly, on the basis of technology, the global market for outdoor LED displays is further classified into individual mounted and surface mounted. The geographical distribution of the global outdoor LED display market considered in this study encompasses regional markets such as North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. 

Outdoor Led Display Market

Overview:

Growing preference for interactive outdoor advertising supported by the increased advertising expenditure by corporate businesses is the major factor driving adoption of outdoor LED displays. Rising number of exhibitions, entertainment shows, and sports events are collectively driving demand for outdoor LED displays. In addition, benefits offered by the LED displays in terms of energy efficiency and cost savings have triggered the uptake of outdoor LED displays among different end-use verticals. These factors are expected to contribute towards a double digit compounded annual growth rate (CAGR) during the forecast period 2016 – 2023.

Outdoor Led Display Market

1.1    Report Description

Purpose of the Report

The purpose of this strategic research study titled “Outdoor LED Display Market - Growth, Share, Opportunities, and Competitive Analysis, 2016 – 2023” is to offer industry investors, company executives, and industry participants with in-depth insights to enable them make informed strategic decisions related to the opportunities in the global outdoor LED display industry.

1.1.1   Target Audience

  • Industry Investors
  • Outdoor LED Display Manufacturers
  • Digital Signage Providers
  • End-users

1.1.2   USP and Key Offerings

The report titled “Global Outdoor LED Display Market - Growth, Share, Opportunities, and Competitive Analysis, 2016 – 2023” offers strategic insights into the global outdoor LED display market along with the market size and estimates for the duration 2014 to 2023. The said research study covers in-depth analysis of multiple market segments based on application, technology, color display, and cross-sectional study across different geographies. In order to help strategic decision makers, the report also includes competitive profiling of the key industry participants, their SCOT (Strength, Challenges, Opportunities, and Weaknesses) analysis, market positioning, and recent developments. Other in-depth analysis provided in the report includes:

  • An overview of the global outdoor LED display market
  • Current and future market trends to justify the forthcoming attractive sub-markets within the LED display industry
  • Qualitative assessment tools such as market drivers, challenges and future prospects, value chain, and attractive investment proposition
  • Focus on each level of market segmentation based on product approvals, launch, and current and anticipated market dynamics
  • A general overview of the industry structure
  • Company profiles highlighting key information about the major players operating in the global outdoor LED display market
  • Market competition scrutiny tools such as market share analysis, fractal map, etc.
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global outdoor LED display market, offering market size and estimates for the period from 2014 to 2023, keeping in mind the above mentioned factors.

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)

8. Europe Outdoor LED Display Market Analysis, 2014 – 2023 (US$ Bn)
8.1. Europe Outdoor LED Display Market Revenue, By Technology, 2014 – 2023 (US$ Bn)
8.1.1. Individually Mounted
8.1.2. Surface Mounted
8.2. Europe Outdoor LED Display Market Revenue, By Application, 2014 – 2023 (US$ Bn)
8.2.1. LED Billboards
8.2.2. Perimeter LED boards
8.2.3. LED Video walls
8.2.4. LED Mobile Panel
8.2.5. LED Traffic Lights
8.2.6. Other Applications
8.3. Europe Outdoor LED Display Market Revenue, By Color Display, 2014 – 2023 (US$ Bn)
8.3.1. Monochrome Display
8.3.2. Tri-color Display
8.3.3. Full color Display
8.4. Europe Outdoor LED Display Market Revenue, By Region, 2014 – 2023 (US$ Bn)
8.4.1. U.K.
8.4.1.1. U.K. Outdoor LED Display Market Revenue, By Technology, 2014 – 2023 (US$ Bn)
8.4.1.2. U.K. Outdoor LED Display Market Revenue, By Application, 2014 – 2023 (US$ Bn)
8.4.1.3. U.K. Outdoor LED Display Market Revenue, By Color Display, 2014 – 2023 (US$ Bn)
8.4.2. Germany
8.4.2.1. Germany Outdoor LED Display Market Revenue, By Technology, 2014 – 2023 (US$ Bn)
8.4.2.2. Germany Outdoor LED Display Market Revenue, By Application, 2014 – 2023 (US$ Bn)
8.4.2.3. Germany Outdoor LED Display Market Revenue, By Color Display, 2014 – 2023 (US$ Bn)
8.4.3. France
8.4.3.1. France Outdoor LED Display Market Revenue, By Technology, 2014 – 2023 (US$ Bn)
8.4.3.2. France Outdoor LED Display Market Revenue, By Application, 2014 – 2023 (US$ Bn)
8.4.3.3. France Outdoor LED Display Market Revenue, By Color Display, 2014 – 2023 (US$ Bn)
8.4.4. Rest of Europe
8.4.4.1. Rest of Europe Outdoor LED Display Market Revenue, By Technology, 2014 – 2023 (US$ Bn)
8.4.4.2. Rest of Europe Market Revenue, By Application, 2014 – 2023 (US$ Bn)
8.4.4.3. Rest of Europe Outdoor LED Display Market Revenue, By Color Display, 2014 – 2023 (US$ Bn)

9. Asia Pacific Outdoor LED Display Market Analysis, 2014 – 2023 (US$ Bn)
9.1. Asia Pacific Outdoor LED Display Market Revenue, By Technology, 2014 – 2023 (US$ Bn)
9.1.1. Individually Mounted
9.1.2. Surface Mounted
9.2. Asia Pacific Outdoor LED Display Market Revenue, By Application, 2014 – 2023 (US$ Bn)
9.2.1. LED Billboards
9.2.2. Perimeter LED boards
9.2.3. LED Video walls
9.2.4. LED Mobile Panel
9.2.5. LED Traffic Lights
9.2.6. Other Applications
9.3. Asia Pacific Outdoor LED Display Market Revenue, By Color Display, 2014 – 2023 (US$ Bn)
9.3.1. Monochrome Display
9.3.2. Tri-color Display
9.3.3. Full color Display
9.4. Asia Pacific Outdoor LED Display Market Revenue, By Country, 2014 – 2023 (US$ Bn)
9.4.1. Japan
9.4.1.1. Japan Outdoor LED Display Market Revenue, By Technology, 2014 – 2023 (US$ Bn)
9.4.1.2. Japan Outdoor LED Display Market Revenue, By Application, 2014 – 2023 (US$ Bn)
9.4.1.3. Japan Outdoor LED Display Market Revenue, By Color Display, 2014 – 2023 (US$ Bn)
9.4.2. China
9.4.2.1. China Outdoor LED Display Market Revenue, By Technology, 2014 – 2023 (US$ Bn)
9.4.2.2. China Outdoor LED Display Market Revenue, By Application, 2014 – 2023 (US$ Bn)
9.4.2.3. China Outdoor LED Display Market Revenue, By Color Display, 2014 – 2023 (US$ Bn)
9.4.3. India
9.4.3.1. India Outdoor LED Display Market Revenue, By Technology, 2014 – 2023 (US$ Bn)
9.4.3.2. India Outdoor LED Display Market Revenue, By Application, 2014 – 2023 (US$ Bn)
9.4.3.3. India Outdoor LED Display Market Revenue, By Color Display, 2014 – 2023 (US$ Bn)
9.4.4. Rest of Asia Pacific
9.4.4.1. Rest of Asia Pacific Outdoor LED Display Market Revenue, By Technology, 2014 – 2023 (US$ Bn)
9.4.4.2. Rest of Asia Pacific Outdoor LED Display Market Revenue, By Application, 2014 – 2023 (US$ Bn)
9.4.4.3. Rest of Asia Pacific Outdoor LED Display Market Revenue, By Color Display, 2014 – 2023 (US$ Bn)

10. Rest of World Outdoor LED Display Market Analysis, 2014 – 2023 (US$ Bn)
10.1. Rest of World Outdoor LED Display Market Revenue, By Technology, 2014 – 2023 (US$ Bn)
10.1.1. Individually Mounted
10.1.2. Surface Mounted
10.2. Rest of World Outdoor LED Display Market Revenue, By Application, 2014 – 2023 (US$ Bn)
10.2.1. LED Billboards
10.2.2. Perimeter LED boards
10.2.3. LED Video walls
10.2.4. LED Mobile Panel
10.2.5. LED Traffic Lights
10.2.6. Other Applications
10.3. Rest of World Outdoor LED Display Market Revenue, By Color Display, 2014 – 2023 (US$ Bn)
10.3.1. Monochrome Display
10.3.2. Tri-color Display
10.3.3. Full color Display
10.4. Rest of World Outdoor LED Display Market Revenue, By Region, 2014 – 2023 (US$ Bn)
10.4.1. Latin America
10.4.1.1. Latin America Outdoor LED Display Market Revenue, By Technology, 2014 – 2023 (US$ Bn)
10.4.1.2. Latin America Pacific Outdoor LED Display Market Revenue, By Application, 2014 – 2023 (US$ Bn)
10.4.1.3. Latin America Outdoor LED Display Market Revenue, By Color Display, 2014 – 2023 (US$ Bn)
10.4.2. Middle-East and Africa
10.4.2.1. Middle-East and Africa Outdoor LED Display Market Revenue, By Technology, 2014 – 2023 (US$ Bn)
10.4.2.2. Middle-East and Africa Outdoor LED Display Market Revenue, By Application, 2014 – 2023 (US$ Bn)
10.4.2.3. Middle-East Outdoor LED Display Market Revenue, By Color Display, 2014 – 2023 (US$ Bn)

11. Company Profiles
11.1. Barco NV
11.2. Data Display Co., Ltd.
11.3. Sony Corporation
11.4. Panasonic Corporation
11.5. Daktronics, Inc.
11.6. Toshiba Corporation
11.7. LG Electronics, Inc.
11.8. Lighthouse Technologies, Ltd.
11.9. Shenzhen Dicolor Optoelectronics Co. Ltd.
11.10. Leyard Opto-Electronic Company Ltd.
11.11. Buchi Labortechnik AG
11.12. EKTA Ltd

List Of Table :

TABLE 1 Market Snapshot: Global Outdoor LED Display Market
TABLE 2 Evolution of Outdoor LED Displays
TABLE 3 Impact Indicators
TABLE 4 Impact Analysis of Drivers and Restraints
TABLE 5 North America Outdoor LED Display Market Revenue, By Product Technology, 2014 - 2023 (US$ Bn)
TABLE 6 North America Outdoor LED Display Market Revenue, By Application, 2014 - 2023 (US$ Bn)
TABLE 7 North America Outdoor LED Display Market Revenue, By Color Display, 2014 - 2023 (US$ Bn)
TABLE 8 North America Outdoor LED Display Market Revenue, By Country, 2014 - 2023 (US$ Bn)
TABLE 9 U.S. Outdoor LED Display Market Revenue, By Technology, 2014 - 2023 (US$ Bn)
TABLE 10 U.S. Outdoor LED Display Market Revenue, By Application, 2014 - 2023 (US$ Bn)
TABLE 11 U.S. Outdoor LED Display Market Revenue, By Color Display, 2014 - 2023 (US$ Bn)
TABLE 12 Canada Outdoor LED Display Market Revenue, By Technology, 2014 - 2023 (US$ Bn)
TABLE 13 Canada Outdoor LED Display Market Revenue, By Application, 2014 - 2023 (US$ Bn)
TABLE 14 Canada Outdoor LED Display Market Revenue, By Color Display, 2014 - 2023 (US$ Bn)
TABLE 15 Europe Outdoor LED Display Market Revenue, By Technology, 2014 - 2023 (US$ Bn)
TABLE 16 Europe Outdoor LED Display Market Revenue, By Application, 2015 - 2023 (US$ Bn)
TABLE 17 Europe Outdoor LED Display Market Revenue, By Color Display, 2014 - 2023 (US$ Bn)
TABLE 18 Europe Outdoor LED Display Market Revenue, By Country, 2014 - 2023 (US$ Bn)
TABLE 19 U.K. Outdoor LED Display Market Revenue, By Technology, 2014 - 2023 (US$ Bn)
TABLE 20 U.K. Outdoor LED Display Market Revenue, By Application, 2014 - 2023 (US$ Bn)
TABLE 21 U.K. Outdoor LED Display Market Revenue, By Color Display, 2014 - 2023 (US$ Bn)
TABLE 22 France Outdoor LED Display Market Revenue, By Product Technology, 2014 - 2023 (US$ Bn)
TABLE 23 France Outdoor LED Display Market Revenue, By Application, 2014 - 2023 (US$ Bn)
TABLE 24 France Outdoor LED Display Market Revenue, By Color Display, 2014 - 2023 (US$ Bn)
TABLE 25 Germany Outdoor LED Display Market Revenue, By Product Technology, 2014 - 2023 (US$ Bn)
TABLE 26 Germany Outdoor LED Display Market Revenue, By Application, 2014 - 2023 (US$ Bn)
TABLE 27 Germany Outdoor LED Display Market Revenue, By Color Display, 2014 - 2023 (US$ Bn)
TABLE 28 Rest of Europe Outdoor LED Display Market Revenue, By Product Technology, 2014 - 2023 (US$ Bn)
TABLE 29 Rest of Europe Outdoor LED Display Market Revenue, By Application, 2014 - 2023 (US$ Bn)
TABLE 30 Rest of Europe Outdoor LED Display Market Revenue, By Color Display, 2014 - 2023 (US$ Bn)
TABLE 31 Asia Pacific Outdoor LED Display Market Revenue, By Product Technology, 2014 - 2023 (US$ Bn)
TABLE 32 Asia Pacific Outdoor LED Display Market Revenue, By Application, 2014 - 2023 (US$ Bn)
TABLE 33 Asia Pacific Outdoor LED Display Market Revenue, By Color Display, 2014 - 2023 (US$ Bn)
TABLE 34 Asia Pacific Outdoor LED Display Market Revenue, By Country, 2014 - 2023 (US$ Bn)
TABLE 35 China Outdoor LED Display Market Revenue, By Product Technology, 2014- 2023 (US$ Bn)
TABLE 36 China Outdoor LED Display Market Revenue, By Application, 2014 - 2023 (US$ Bn)
TABLE 37 China Outdoor LED Display Market Revenue, By Color Display, 2014 - 2023 (US$ Bn)
TABLE 38 Japan Outdoor LED Display Market Revenue, By Product Technology, 2014 - 2023 (US$ Bn)
TABLE 39 Japan Outdoor LED Display Market Revenue, By Application, 2014 - 2023 (US$ Bn)
TABLE 40 Japan Outdoor LED Display Market Revenue, By Color Display, 2014 - 2023 (US$ Bn)
TABLE 41 India Outdoor LED Display Market Revenue, By Product Technology, 2014 - 2023 (US$ Bn)
TABLE 42 India Outdoor LED Display Market Revenue, By Application, 2014 - 2023 (US$ Bn)
TABLE 43 India Outdoor LED Display Market Revenue, By Color Display, 2014 - 2023 (US$ Bn)
TABLE 44 Rest of Asia Pacific Outdoor LED Display Market Revenue, By Product Technology, 2014 - 2023 (US$ Bn)
TABLE 45 Rest of Asia Pacifc Outdoor LED Display Market Revenue, By Application, 2014 - 2023 (US$ Bn)
TABLE 46 Rest of Asia Pacific Outdoor LED Display Market Revenue, By Color Display, 2014 - 2023 (US$ Bn)
TABLE 47 Rest of World Outdoor LED Display Market Revenue, By Product Technology, 2014 - 2023 (US$ Bn)
TABLE 48 Rest of World Outdoor LED Display Market Revenue, By Application, 2014 - 2023 (US$ Bn)
TABLE 49 Rest of World Outdoor LED Display Market Revenue, By Color Display, 2014 - 2023 (US$ Bn)
TABLE 50 Rest of World Outdoor LED Display Market Revenue, By Region, 2014 - 2023 (US$ Bn)
TABLE 51 Latin America Outdoor LED Display Market Revenue, By Product ype, 2014 - 2023 (US$ Bn)
TABLE 52 Latin America Outdoor LED Display Market Revenue, By Application, 2014 - 2023 (US$ Bn)
TABLE 53 Latin America Outdoor LED Display Market Revenue, By Color Display, 2014 - 2023 (US$ Bn)
TABLE 54 Middle-East and Africa Outdoor LED Display Market Revenue, By Product Technology, 2014 - 2023 (US$ Bn)
TABLE 55 Middle-East and Africa Outdoor LED Display Market Revenue, By Application, 2014 - 2023 (US$ Bn)
TABLE 56 Middle-East and Africa Outdoor LED Display Market Revenue, By Color Display, 2014 - 2023 (US$ Bn)

List Of Figure :

FIG. 1 Global Outdoor LED Display: Market Segmentation
FIG. 2 Global Outdoor LED Display Market: Research Methodology
FIG. 3 Top-Down and Bottom Up Approach
FIG. 4 Global Outdoor LED Display Market, By Technology, 2015 (US$ Bn)
FIG. 5 Global Outdoor LED Display Market, By Application, 2015 (US$ Bn)
FIG. 6 Global Outdoor LED Display Market, By Color Display, 2015 (US$ Bn)
FIG. 7 Global Outdoor LED Display Market, By Geography, 2015 (US$ Bn)
FIG. 8 Global Outdoor LED Display Market Revenue and Growth, 2014 - 2023, (US$ Bn and % Y-o-Y)
FIG. 9 See-Saw Analysis : Global Outdoor LED Display Market
FIG. 10 Porters Five Force Analysis: Global Outdoor LED Display Industry
FIG. 11 Market Positioning of Key Industry Participants, 2015
FIG. 12 Global Outdoor LED Display Market Revenue Contribution, By Technology, 2015 & 2023 (Value %)
FIG. 13 Global Individually Mounted Outdoor LED Display Market Revenue and Growth, 2014 - 2023, (US$ Bn)
FIG. 14 Global Surface Mounted Outdoor LED Display Market Revenue and Growth, 2014 - 2023, (US$ Bn)
FIG. 15 Global Outdoor LED Display Market Revenue Contribution, By Application, 2015 & 2023 (US$ Bn)
FIG. 16 Global Outdoor LED Billboards Market Revenue and Growth, 2014 - 2023, (US$ Bn)
FIG. 17 Global Outdoor Perimeter LED Boards Market Revenue and Growth, 2014 - 2023, (US$ Bn)
FIG. 18 Global Outdoor LED Video Walls Market Revenue and Growth, 2014 - 2023, (US$ Bn)
FIG. 19 Global Outdoor LED Mobile Panels Market Revenue and Growth, 2014 - 2023, (US$ Bn)
FIG. 20 Global Outdoor LED Traffic Lights Market Revenue and Growth, 2014 - 2023, (US$ Bn)
FIG. 21 Global Outdoor LED Display Market Revenue and Growth for Other Applications, 2014 - 2023, (US$ Bn)
FIG. 22 Global Outdoor LED Display Market Revenue Contribution, By Color Display, 2015 & 2023 (US$ Bn)
FIG. 23 Global Outdoor LED Display Market Revenue and Growth for Monochrome Displays Applications, 2014 - 2023, (US$ Bn)
FIG. 24 Global Outdoor LED Display Market Revenue and Growth for Tri-color Displays, 2014 - 2023, (US$ Bn)
FIG. 25 Global Outdoor LED Display Market Revenue and Growth for Full color Displays, 2014 - 2023, (US$ Bn)
FIG. 26 North America Outdoor LED Display Market Revenue and Growth, 2014 - 2023, (US$ Bn) (Y-o-Y %)
FIG. 27 Europe Outdoor LED Display Market Revenue and Growth, 2014 - 2023, (US$ Bn) (Y-o-Y %)
FIG. 28 Asia Pacific Outdoor LED Display Market Revenue and Growth, 2014 - 2023, (US$ Bn) (Y-o-Y %)
FIG. 29 RoW Outdoor LED Display Market Revenue and Growth, 2014– 2023, (US$ Bn) (Y-o-Y %)

On the basis of application, the outdoor LED display market is categorized into following segments:

  • LED Billboards
  • Perimeter LED boards
  • LED Video walls
  • LED Mobile Panel
  • LED Traffic Lights
  • Other Applications

The following figure represents contribution of these application segments to the global outdoor LED display market in 2015 and 2023.

Outdoor Led Display Market

As of 2015, the global outdoor LED display market was led by the LED billboard segment in terms of both revenue and shipments. The segment accounted for over 35% of the global market revenue in the same year. The trend is expected to continue and the segment is expected to hold on to its leading position throughout the forecast period 2016 – 2023. LED billboards have been witnessing continued penetration, especially as a cost effective advertising platform among corporate businesses.  On the other hand, the demand for perimeter LED boards is supported by increasing number of sports stadiums and sports activities across the globe. In view of international sports events, several stadiums across the globe have been refurbished and upgraded, which, in turn has triggered the replacement demand for perimeter LED boards. Other application segments including LED video walls and LED mobile panels are also expected to witness growing adoption in commercial applications during the forecast period 2016 – 2023.

On the basis of geography, the global outdoor LED display market is segmented into following regions and countries.

  • North America
    • U.S.
    • Rest of North America
  • Europe
    • U.K.
    • France
    • Germany
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Rest of Asia Pacific
  • Rest of the World
    • Latin America
    • Middle East and Africa

The following figure represents contribution of different geographic regions to the global outdoor LED display market in 2015.

Outdoor Led Display Market

Asia Pacific is by far the most attractive outdoor LED market worldwide. The trend shall prolong and the region is presumed to witness maximum growth, outpacing developed economies including North America and Europe during the forecast period 2016 – 2023. Evolving digital habits of consumers, increased government efforts to develop public communication infrastructure, and mounting use of outdoor LED displays for promotional activities is expected to spur market growth in the region. On the other hand matured markets including the U.S., the U.K., France, and Germany are expected to exhibit steady growth over the forecast period. The growth in these countries, especially the U.S., will be supported by the regulated demand for customized outdoor LED displays in commercial applications.

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