Outdoor LED Display Market by Color Display (Monochrome, Tri-color, Full Color), Type (Individually Mounted, Surface Mounted), Application, and Geography - Global Industry Analysis, Opportunities and Forecast up to 2028

Outdoor LED Display Market Size

The Outdoor LED Display market size was valued at $7.94 billion in 2022 and is projected to reach $11.91 billion by 2028, growing at a CAGR of 7.0% during the forecast period.

Outdoor LED Display Market Overview

An outdoor LED display is a large-scale electronic screen designed for outdoor use, capable of displaying dynamic digital content such as images, videos, text, and animations. Composed of light-emitting diodes (LEDs), these displays offer high brightness and visibility even in direct sunlight, making them suitable for outdoor advertising, information dissemination, and entertainment purposes. Outdoor LED displays are commonly installed in public spaces, sports stadiums, transportation hubs, shopping centers, and other high-traffic areas to capture the attention of passersby and deliver targeted messaging. These displays come in various sizes, resolutions, and configurations to suit different applications and viewing distances, ranging from small roadside billboards to large-scale video walls. Outdoor LED displays are known for their durability, energy efficiency, and versatility, with weatherproof enclosures that protect the electronics from environmental factors such as moisture, dust, and temperature fluctuations. They can be remotely controlled and updated with content in real-time, allowing advertisers and operators to adapt messaging quickly and efficiently. Overall, outdoor LED displays serve as impactful communication tools, enabling organizations to engage audiences and convey messages effectively in outdoor environments.

Outdoor LED Display Market Dynamics

The market dynamics analyzed in this market research report encapsulate a multifaceted interplay of drivers and constraints that significantly shape the landscape of the Outdoor LED Display Market. The comprehensive analysis of both drivers and constraints enables a nuanced understanding of the market's dynamics, empowering businesses and stakeholders to make informed decisions in navigating the complexities of the market.

Outdoor LED Display Market Scope

The report “Global Outdoor LED Display Market: Industry Analysis, Opportunities and Forecast up to 2028” by Diligence Insights provides a detailed analysis of the present market and future outlook with market estimates and forecasts for all specified segments, encompassing both global and regional perspectives as outlined within the research framework. The study includes historical market data for the years 2020, 2021 and offers revenue estimations for 2022, and project forecasts spanning from 2023 to 2028. It places significant emphasis on the examination of market trends, key industry participants, supply chain developments, technological advancements, pivotal milestones, and prospective strategies. Comprehensive market assessments are carried out across major geographic regions, including North America, Europe, Asia Pacific, South America, and Middle East & Africa. As such, this report constitutes a valuable resource for current industry stakeholders, newcomers to the field, and potential investors.

The study offers an in-depth market analysis, drawing insights from industry experts across the value chain. A special focus has been made on 25 countries, including the United States, Canada, Mexico, the United Kingdom, Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, and South Africa, among others. The market data has been meticulously collected through extensive primary interviews and comprehensive secondary research. Market size determination is rooted in the revenue generated from sales across all the specified segments and sub-segments as defined within the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.

Market Segmentation:

The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:

Global Outdoor LED Display Market by, Color Display

·        Monochrome

·        Tri-color

·        Full Color

Global Outdoor LED Display Market by, Type

·        Individually Mounted

·        Surface Mounted

Global Outdoor LED Display Market by, Application

·        Perimeter LED Boards

·        Billboards

·        Mobile Panel

·        Video Walls

·        Traffic Lights

·        Other Applications

Global Outdoor LED Display Market by, Geography

·        North America (The United States, Canada, Mexico), Market Estimates, Forecast & Opportunity Analysis.

·        Europe (Germany, France, UK, Italy, Spain, Rest of Europe), Market Estimates, Forecast & Opportunity Analysis

·        Asia Pacific (China, Japan, India, South Korea, Australia, New Zealand, Rest of Asia Pacific), Market Estimates, Forecast & Opportunity Analysis

·        South America (Brazil, Argentina, Chile, Rest of South America), Market Estimates, Forecast & Opportunity Analysis

·        Middle East & Africa (UAE, Saudi Arabia, Qatar, Iran, South Africa, Rest of Middle East & Africa), Market Estimates, Forecast & Opportunity Analysis.

Key Players Profiled in this Research Report include:

·        Toshiba Corporation

·        Sony Corporation

·        Shenzhen Dicolor Optoelectronics 

·        Samsung

·        Panasonic Corporation

·        LG Electronics

·        Leyard

·        Electronic Displays

·        Daktronics

·        Absen

·        Unilumin

What can be explored with this research report?

·        Understand global Outdoor LED Display Market analysis, trends, and forecast to 2028.

·        Understand analysis of the Outdoor LED Display Market structure by identifying various segments and sub-segments of the market.

·        Understand revenue forecast and strategic analysis concerning industry trends and contribution to the overall Outdoor LED Display Market.

·        Understand the revenue forecast of the Outdoor LED Display Market for North America, Europe, Asia-Pacific, South America, and Middle East & Africa.

·        Identification of major market trends, factors driving, restraining, threatening, and providing opportunities for the Outdoor LED Display Market growth.

·        Analyzing opportunities by identification of high-growth segments/revenue pockets in the Outdoor LED Display Market.

·        Understand major player profiles in the Outdoor LED Display Market and analyze their business strategies.

·        Understand competitive developments such as joint ventures, alliances, mergers and acquisitions, and new product launches in the Outdoor LED Display Market.

Table Of Content

1 Market Introduction 
 1.1 Market Definition 
 1.2 Research Scope and Segmentation 
 1.3 Stakeholders 
 1.4 List of Abbreviations 
 
2 Executive Summary 
 
3 Research Methodology 
 3.1 Identification of Data 
 3.2 Evaluation of Market Dynamics 
 3.3 Collaboration of Data 
 3.4 Verification and Analysis 
 3.5 Research Approach 
 3.6 Data Sources and Assumptions 
 
4 Market Dynamics 
 4.1 Market Drivers 
 4.2 Market Restraints 
 4.3 Market Opportunities 
 4.4 Market Challenges 
 4.5 Impact of COVID-19 on the Outdoor LED Display Market 
 
5 Porter's Five Force Analysis 
 5.1 Bargaining Power of Suppliers 
 5.2 Bargaining Power of Buyers 
 5.3 Threat of New Entrants 
 5.4 Threat of Substitutes 
 5.5 Competitive Rivalry in the Market 
 
6 Global Outdoor LED Display Market by, Color Display 
 6.1 Overview 
 6.2 Monochrome 
 6.3 Tri-color 
 6.4 Full Color 
 
7 Global Outdoor LED Display Market by, Type 
 7.1 Overview 
 7.2 Individually Mounted 
 7.3 Surface Mounted 
 
8 Global Outdoor LED Display Market by, Application 
 8.1 Overview 
 8.2 Perimeter LED Boards 
 8.3 Billboards 
 8.4 Mobile Panel 
 8.5 Video Walls 
 8.6 Traffic Lights 
 8.7 Other Applications 
 
9 Global Outdoor LED Display Market by, Geography 
 9.1 Overview 
 9.2 North America 
 9.2.1 US 
 9.2.2 Canada 
 9.2.3 Mexico 
 9.3 Europe 
 9.3.1 Germany 
 9.3.2 France 
 9.3.3 UK 
 9.3.4 Italy 
 9.3.5 Spain 
 9.3.6 Rest of Europe 
 9.4 Asia Pacific 
 9.4.1 China 
 9.4.2 Japan 
 9.4.3 India 
 9.4.4 South Korea 
 9.4.5 Australia 
 9.4.6 New Zealand 
 9.4.7 Rest of Asia Pacific 
 9.5 South America 
 9.5.1 Brazil 
 9.5.2 Argentina 
 9.5.3 Chile 
 9.5.4 Rest of South America 
 9.6 Middle East & Africa 
 9.6.1 UAE 
 9.6.2 Saudi Arabia 
 9.6.3 Qatar 
 9.6.4 Iran 
 9.6.5 South Africa 
 9.6.6 Rest of Middle East & Africa 
 
10 Key Developments 
 
11 Company Profiling 
 11.1 Toshiba Corporation  
 11.1.1 Business Overview 
 11.1.2 Product/Service Offering 
 11.1.3 Financial Overview 
 11.1.4 SWOT Analysis 
 11.1.5 Key Activities 
 11.2 Sony Corporation  
 11.3 Shenzhen Dicolor Optoelectronics   
 11.4 Samsung 
 11.5 Panasonic Corporation  
 11.6 LG Electronics  
 11.7 Leyard 
 11.8 Electronic Displays  
 11.9 Daktronics  
 11.10 Absen 
 11.11 Unilumin