LED Stadium Screens Market Scope
The LED stadium screens are used around sports stadiums, arenas, clubs, and organizations in the form of scoreboard, fixed replay screens, or perimeter advertising board. These are widely being used by organizers to increase broadcast capabilities as well as marketing revenues. These screens are used both outdoor and indoors, and increasing government initiatives promoting LED products are driving the demand for LED stadium screens.
The LED Stadium Screens market study is segmented by Type (LED video walls, LED ribbon displays, Scoreboard screens, Timing screens and Perimeter LED displays), by Application (Advertisement, Billboards and Video walls) and major geographies with country level break-up.
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global LED Stadium Screens market throughout the predicted period.
NEC Corporation (Japan), Delphi Display systems Inc. (United States), Panasonic Corporation (Japan), Shenzhen Dicolor Optoelectronics Co Ltd. (China), Shenzhen Unilumin Group Co. Ltd. (China), Toshiba Corporation (Japan), Daktronics (United States), Barco (Belgium), Mitsubishi Electric (Japan), Absen (China), LG Display Co. Ltd. (South Korea), Daktronics, Inc. (United States) and Sony Corporation (Japan) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Lighthouse Technologies Ltd. (Hong Kong), Electronic Display Inc. (United States), Vegas LED Screens (United States), Leyard Optoelectronic Co., Ltd. (United States) and Euro Display srl (Italy.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AMA Research has segmented the market of Global LED Stadium Screens market by Type, Application and Region.
On the basis of geography, the market of LED Stadium Screens has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
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Market Trend
- Technical advancement
- Rapid growth in digital advertisements
Market Drivers
- Increasing deployment around stadiums for fan engagement and advertising
- Increasing inclination of consumer towards live shows and concerts
- Increasing disposable income and emerging stadiums in the developing countries
Opportunities
- Rise in sports events
- Alternate LED advertisement designs
Restraints
- Surge in energy consumption
Challenges
Key Target Audience
Traders, Importers, and Exporters, Raw Material Suppliers and Distributors, Research and Consulting Firms, Government and Research Organizations, Associations and Market Bodies and Others