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Global Outdoor LED Display Market to Reach US$ 11.5 Billion by 2027, Impelled by Growing Adoption of Aggressive Marketing Strategies

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Outdoor LED Display Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global outdoor LED display market reached a value of US$ 7.08 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 11.5 Billion by 2027, exhibiting a CAGR of 8.10% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Outdoor light-emitting diode (LED) displays are reliable large billboards used to display advertisements about products, services, or any information related to a corporation. They rely on unique power-saving technology, thereby making them a cost-effective investment that leads to significant cost savings. As they require low power and offer high brightness, longer shelf life, and high return on investment (ROI), outdoor LED displays are widely installed in stadiums, retail, transportation, sports arenas, and corporate campuses.

 

 
 

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Outdoor LED Display Market Trends:

With high luminance delivering content clearly under direct sunlight and the durability to withstand extreme environmental conditions like rain, heat, snow, and wind, outdoor LED displays are gaining widespread adoption in delivering advertisement effectively during games. This can also be attributed to growing consumer spending on outdoor activities and increasing government funding for sports tournaments and events. Moreover, as outdoor LED displays are waterproof and offer heat dissipation functions, they can be installed at clinics or health centers located in busy areas to organize a health-related or an awareness-raising event, a fund-raising campaign for research, and a charity concert. Apart from this, outdoor LED displays are gaining traction in higher educational institutions to announce school activities, events, and information and improve the learning experience and school environment. Furthermore, the rising focus on the digitized promotion of products and services to engage audiences and extract maximum effectiveness in marketing messages is providing lucrative growth opportunities to the market. Besides this, market players are introducing premium versions of outdoor LED displays in various formats for different stadiums and outdoor venue applications. These displays provide robust performance with exceptional image quality, which is anticipated to influence the market positively.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global outdoor LED display market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, color display and application.

Breakup by Type:

 

 
 

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  • Surface Mounted
  • Individually Mounted
     

Breakup by Color Display:

  • Monochrome Display
  • Tri-Color Display
  • Full Color Display
     

Breakup by Application:

  • Billboards
  • Mobile LED Display
  • Perimeter Board
  • Traffic Lights
  • Video Wall
  • Others
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being ClearLED Ltd., Daktronics Inc., Delta Electronics Inc., Electronic Displays Inc., Galaxia Electronics Co. Ltd., Leyard Optoelectronic Co. Ltd., LG Electronics Inc., Lighthouse Technologies Limited, LIGHTVU, Panasonic Corporation, Samsung Electronics Co. Ltd. and Toshiba Corporation.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Type, Color Display, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered ClearLED Ltd., Daktronics Inc., Delta Electronics Inc., Electronic Displays Inc., Galaxia Electronics Co. Ltd., Leyard Optoelectronic Co. Ltd., LG Electronics Inc., Lighthouse Technologies Limited, LIGHTVU, Panasonic Corporation, Samsung Electronics Co. Ltd. and Toshiba Corporation.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1    Preface
2    Scope and Methodology
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction
    4.1    Overview
    4.2    Key Industry Trends
5    Global Outdoor LED Display Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Type
    6.1    Surface Mounted
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Individually Mounted
        6.2.1 Market Trends
        6.2.2 Market Forecast
7    Market Breakup by Color Display
    7.1    Monochrome Display
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Tri-Color Display
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Full Color Display
        7.3.1 Market Trends
        7.3.2 Market Forecast
8    Market Breakup by Application
    8.1    Billboards
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Mobile LED Display
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Perimeter Board
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Traffic Lights
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Video Wall
        8.5.1 Market Trends
        8.5.2 Market Forecast
    8.6    Others
        8.6.1 Market Trends
        8.6.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis
    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape
    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    ClearLED Ltd.
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
        14.3.2    Daktronics Inc.
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
           14.3.2.3 Financials
           14.3.2.4 SWOT Analysis
        14.3.3    Delta Electronics Inc.
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
           14.3.3.3 Financials
           14.3.3.4 SWOT Analysis
        14.3.4    Electronic Displays Inc.
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
        14.3.5    Galaxia Electronics Co. Ltd.
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
        14.3.6    Leyard Optoelectronic Co. Ltd.
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
           14.3.6.3 Financials
        14.3.7    LG Electronics Inc.
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
           14.3.7.3 Financials
           14.3.7.4 SWOT Analysis
        14.3.8    Lighthouse Technologies Limited
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
        14.3.9    LIGHTVU
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
        14.3.10    Panasonic Corporation
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
           14.3.10.3 Financials
           14.3.10.4 SWOT Analysis
        14.3.11    Samsung Electronics Co. Ltd.
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio
           14.3.11.3 Financials
           14.3.11.4 SWOT Analysis
        14.3.12    Toshiba Corporation
           14.3.12.1 Company Overview
           14.3.12.2 Product Portfolio
           14.3.12.3 Financials
           14.3.12.4 SWOT Analysis

List of Figures

Figure 1: Global: Outdoor LED Display Market: Major Drivers and Challenges
Figure 2: Global: Outdoor LED Display Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Outdoor LED Display Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Outdoor LED Display Market: Breakup by Type (in %), 2021
Figure 5: Global: Outdoor LED Display Market: Breakup by Color Display (in %), 2021
Figure 6: Global: Outdoor LED Display Market: Breakup by Application (in %), 2021
Figure 7: Global: Outdoor LED Display Market: Breakup by Region (in %), 2021
Figure 8: Global: Outdoor LED Display (Surface Mounted) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Outdoor LED Display (Surface Mounted) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Outdoor LED Display (Individually Mounted) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Outdoor LED Display (Individually Mounted) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Outdoor LED Display (Monochrome Display) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Outdoor LED Display (Monochrome Display) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Outdoor LED Display (Tri-Color Display) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Outdoor LED Display (Tri-Color Display) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Outdoor LED Display (Full Color Display) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Outdoor LED Display (Full Color Display) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Outdoor LED Display (Billboards) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Outdoor LED Display (Billboards) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Outdoor LED Display (Mobile LED Display) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Outdoor LED Display (Mobile LED Display) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Outdoor LED Display (Perimeter Board) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Outdoor LED Display (Perimeter Board) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Outdoor LED Display (Traffic Lights) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Outdoor LED Display (Traffic Lights) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Outdoor LED Display (Video Wall) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Outdoor LED Display (Video Wall) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Outdoor LED Display (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Outdoor LED Display (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: North America: Outdoor LED Display Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: North America: Outdoor LED Display Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: United States: Outdoor LED Display Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: United States: Outdoor LED Display Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Canada: Outdoor LED Display Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Canada: Outdoor LED Display Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Asia-Pacific: Outdoor LED Display Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Asia-Pacific: Outdoor LED Display Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: China: Outdoor LED Display Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: China: Outdoor LED Display Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Japan: Outdoor LED Display Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Japan: Outdoor LED Display Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: India: Outdoor LED Display Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: India: Outdoor LED Display Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: South Korea: Outdoor LED Display Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: South Korea: Outdoor LED Display Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Australia: Outdoor LED Display Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Australia: Outdoor LED Display Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Indonesia: Outdoor LED Display Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Indonesia: Outdoor LED Display Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Others: Outdoor LED Display Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Others: Outdoor LED Display Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Europe: Outdoor LED Display Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Europe: Outdoor LED Display Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Germany: Outdoor LED Display Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Germany: Outdoor LED Display Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: France: Outdoor LED Display Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: France: Outdoor LED Display Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: United Kingdom: Outdoor LED Display Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: United Kingdom: Outdoor LED Display Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Italy: Outdoor LED Display Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Italy: Outdoor LED Display Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Spain: Outdoor LED Display Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Spain: Outdoor LED Display Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Russia: Outdoor LED Display Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Russia: Outdoor LED Display Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Others: Outdoor LED Display Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Others: Outdoor LED Display Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Latin America: Outdoor LED Display Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Latin America: Outdoor LED Display Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Brazil: Outdoor LED Display Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Brazil: Outdoor LED Display Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Mexico: Outdoor LED Display Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Mexico: Outdoor LED Display Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Others: Outdoor LED Display Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Others: Outdoor LED Display Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Middle East and Africa: Outdoor LED Display Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Middle East and Africa: Outdoor LED Display Market: Breakup by Country (in %), 2021
Figure 78: Middle East and Africa: Outdoor LED Display Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Global: Outdoor LED Display Industry: SWOT Analysis
Figure 80: Global: Outdoor LED Display Industry: Value Chain Analysis
Figure 81: Global: Outdoor LED Display Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Outdoor LED Display Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Outdoor LED Display Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Outdoor LED Display Market Forecast: Breakup by Color Display (in Million US$), 2022-2027
Table 4: Global: Outdoor LED Display Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 5: Global: Outdoor LED Display Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Outdoor LED Display Market: Competitive Structure
Table 7: Global: Outdoor LED Display Market: Key Players


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Key Questions Answered in This Report

The global outdoor LED display market was valued at US$ 7.08 Billion in 2021.

We expect the global outdoor LED display market to exhibit a CAGR of 8.10% during 2022-2027.

The growing applications of outdoor LED displays in stadiums, sports arenas, corporate campuses,
etc., for ensuring efficient digitized promotion of products and services to engage audiences are
primarily driving the global outdoor LED display market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent
lockdown regulations across several nations resulting in the temporary closure of numerous
manufacturing units and a halt in installation activities of outdoor LED displays.

Based on the type, the global outdoor LED display market has been segmented into surface mounted
and individually mounted. Currently, individually mounted represents the largest market share.

Based on the application, the global outdoor LED display market can be bifurcated into billboards,
mobile LED display, perimeter board, traffic lights, video wall, and others. Among these, billboards
currently account for the majority of the total market share.

On a regional level, the market has been classified into North America, Europe, Asia-Pacific, Middle
East and Africa, and Latin America, where Asia-Pacific currently dominates the global market.

Some of the major players in the global outdoor LED display market include ClearLED Ltd., Daktronics
Inc., Delta Electronics Inc., Electronic Displays Inc., Galaxia Electronics Co. Ltd., Leyard Optoelectronic
Co. Ltd., LG Electronics Inc., Lighthouse Technologies Limited, LIGHTVU, Panasonic Corporation,
Samsung Electronics Co. Ltd., and Toshiba Corporation.

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