San Francisco, 12 December 2018: The Report Outdoor LED Display Market Analysis By Application (Billboards, Perimeter Boards, Mobile
Panels, Traffic Lights, Video Walls, LED Matrix Boards), By Technology
(Individual Mounted, Surface Mounted), By Color Display (Monochrome, Tri-Color,
Full Color) And Segment Forecasts To 2022
The
global outdoor LED display market is expected to reach USD 12.43 billion by
2022, according to a new report by Grand View Research, Inc. Growing demand for
wireless data connections for billboards which are ideal for high-volume
pedestrian traffic zones, and customizable content availability are expected to
revolutionize the digital display industry over the next seven years.
 |
| Outdoor LED Display market |
Rising trend towards interactive media with
3D format support is also expected to positively impact growth over the
forecast period. Interactive visualization technology presents data using
interactive images. Interactive screens are expected to be deployed at various
public places such as train stations and bus stops over the forecast period.
Electronic signage has completely energized
static displays and its counterparts. Technology used in sign programming has
become customizable with different demographics such as weather conditons,
inventory data and calendar events, which are being marketed over these
displays. Hence, the development of high resolution signboards is expected to
drive demand over the forecast period.
Access Research
Report of Outdoor LED Display Market @ www.grandviewresearch.com/industry-analysis/outdoor-led-display-market
Further
key findings from the report suggest:
· LED mobile panel market is expected to
witness robust demand by 2022. These can be easily setup or teardowned along
with a ready to use control room; it also minimizes cabling and display With
the rising number of events such as live concerts, exhibitions, brand promotion
activities, and sports events on the rise, the LED mobile panels segment is
expected to show high growth over the forecast period.
· Billboards segment accounted for over 40%
of the revenue in 2014 and is anticipated to exhibit high growth over the next
seven years. Growing demand for electronic billboards with decline in prices is
expected to drive demand. Billboards are mainly used for weather updates,
scores and streaming live news, however, there are possibilities for LED
billboards to go beyond advertising over the next few years.
· Asia Pacific dominated the outdoor LED
display market in 2014, and is expected to grow at a CAGR of over 25% from 2015
to 2022. The industry is majorly driven by the presence of several key
distributors and manufacturers in China, Japan, and Korea. Increasing demand
for cost effective tri-color and monochrome solutions on streets, pedestrian
walks and public places is expected to boost sales in the region.
· Outdoor LED display market share is
occupied by companies such as Daktronics, Shenzhen Dicolor Optoelectronics Co
Ltd, Electronic Displays, Sony, LG Electronics, and Barco NV. Companies such as
Toshiba Corporation, LG Electronics, Panasonic, and Sony Corporation partake in
strong networking and enjoy high degree of brand recall.
Browse more reports of this category by Grand View Research
at: www.grandviewresearch.com/industry/display-technologies
Grand View Research has segmented the
outdoor LED display market on the basis of application, technology, color
display and region:
Outdoor LED display Application Outlook
(Revenue, USD Million, 2012 – 2022)
·
LED Billboards
·
Perimeter LED Boards
·
LED Mobile Panel
·
LED Traffic Lights
·
LED Video Walls
·
Other LED Matrix Boards
Outdoor LED display Technology Outlook
(Revenue, USD Million, 2012 – 2022)
·
Individual Mounted
·
Surface Mounted
Outdoor LED display Color Display Outlook
(Revenue, USD Million, 2012 – 2022)
·
Monochrome Displays
·
Tri-Color Displays
·
Full Color Displays
Outdoor LED display Regional Outlook
(Revenue, USD Million, 2012 – 2022)
·
North America
·
Europe
·
Asia Pacific
·
RoW
Access Press Release of
Outdoor
LED Display Market@ www.grandviewresearch.com/press-release/global-outdoor-led-display-market
About
Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research
reports, customized research reports, and consulting services. To help
clients make informed business decisions,
we offer market intelligence studies ensuring relevant and fact-based research
across a range of industries, from technology to chemicals, materials and
healthcare.
For More Information: www.grandviewresearch.com
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