Outdoor LED Display Market Scope
The growing demand in various end-user industries will help to boost the global Outdoor LED Display market in the forecasted period.The LED display screen is a display technology that uses a panel of light-emitting diodes as the light source. Outdoor light-emitting diode (LED) displays are electric and electronic products that include LED billboards, mobile LED screens, LED video walls, perimeter LED displays, LED matrix displays. Outdoor LED displays are available in different sizes, color display technologies, and resolutions as user requirements. Increasing demand for better resolution and affordable solutions is expected to drive the industry over the forecast period.
The Outdoor LED Display market study is segmented by Type (Individually Mounted and Surface Mounted), by Application (Perimeter LED Boards, Billboards, Mobile Panel, Video Walls, Traffic Lights and Other Matrix Boards) and major geographies with country level break-up.
Market players are focusing on partnerships, collaborations, and new product launches in order to increase their offerings in the synthetic fibers market. In addition, companies are focusing on increasing their client base to strengthen market position and to enhance product offerings. Research Analyst at AMA estimates that United States and Japanese Manufacturers will contribute to the maximum growth of Global Outdoor LED Display market throughout the predicted period.
Sony Corporation (Japan), LG Electronics (South Korea), Toshiba Corporation (Japan), Panasonic Corporation (Japan), Daktronics (United States), Electronic Displays (United States), Shenzhen Dicolor Optoelectronics (China), Barco N.V (Belgium), Leyard Optoelectronic (United States) and Lighthouse Technologies (United States) are some of the key players that are part of study coverage.
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
AdvanceMarketAnalytics has segmented the market of Global Outdoor LED Display market by Type, Application and Region.
On the basis of geography, the market of Outdoor LED Display 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).
In August 2019, LG Electronics, a leading electronics major in India, launches a new outdoor digital display product line as a part of its B2B segment to cement its presence in the Indian OOH display market., and In March 2019 – Daktronics of Brookings, South Dakota, will be debuting a new LED street furniture product in Booth 2422. Daktronics showcasing its new Optica series domestically for the first time as well as the company's new double-sided rotating banner display.
Market Trend
- Alternate LED Advertisement Designs
- High Digital Sponsorships & Information Displays
- Power Efficiency Feature
Market Drivers
- Growing Demand across Multiple Applications
- Rising Digital Advertisements
Opportunities
- Increasing Number of Sports and Music concerts Worldwide
- Adoption of LED Screens at Movie Theaters in Emerging Economies
Restraints
- High Capital Investment for Fixed Installation of LED Displays
Challenges
- Rising Adoption of Displays and Online Advertising Methods
Key Target Audience
LED Display Manufactures, LED Display Distributors and Suppliers, Government Regulatory Bodies, Private and Government Research Organizations and Other
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