The Global Outdoor LED Display Market was valued at $4 billion in 2016, and is expected to reach $14 billion by 2023, registering a CAGR of 21.7% from 2017 to 2023. Light emitting diode (LED) is a semiconductor chip that emits light of different wavelength in the visible spectrum along with emission of UV and infrared light. LED displays are used to display multimedia graphics, such as company advertisements, promotions, scoreboards, and traffic signs, and are mounted on buildings, highways, stadiums, and entertainment shows to extend their reach to a large population.

Outdoor LED displays have been gaining popularity in the recent years, owing to significant technological advancements such as automated LED displays, wireless control systems, better picture quality, and high brightness. These advancements have fueled the use of LED displays in various live events such as concerts, sport stadiums, digital signage, and for regular meteorological updates. However, factors such as high initial investments and unstable demand are some of the major restraints of the market growth.

Key Benefits For Stakeholders

The report provides an in-depth analysis of the global outdoor LED display market across major regions as well as estimated revenues generated during the forecast period.
Quantitative analysis of the current market trends and estimations from 2017 to 2023 is provided to help the manufacturers analyze the market scenario.
Comprehensive analysis of current market trends along with the market potential, in terms of value is provided in the report.
The report conducts extensive analysis of the market by closely following key product positioning and monitoring the top contenders within the market framework.
Qualitative & quantitative market trends are provided to assist stakeholders to understand the prevail situation in the industry.

Outdoor LED Display Market Segmentation

By Type

Surface Mounted
Individually Mounted

By Application

Billboards
Mobile LED Display
LED Traffic Lights
Perimeter Boards
Video Walls
Other Matrix Boards

By Geography

North America
U.S.
Canada
Mexico
Europe
UK
Germany
Italy
France
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa

Key Companies

Barco N.V.
Daktronics, Inc.
LG Electronics
Panasonic Corporation
Toshiba Corporation
Lighthouse Technologies Ltd.
Shenzhen Dicolor Optoelectronics Co., Ltd.
Leyard
EKTA
Electronic Displays, Inc.

*The other companies in value chain

ElectroMedia
Euro Display
Rotapanel