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The Analysis, Trends and Forecast of Outdoor LED Displays Market

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Update time : 2019-08-01 18:19:00
The Analysis, Trends and Forecast of Outdoor LED Displays Market  


Outdoor LED displays is enhancing because of various features such as live concerts, increasing number of sports events and exhibitions among the world. These factors are rising the uptake of LED display in many industries includes sports and advertising. Rising demand for outdoor LED displays in broadcasting live actions and in advertisement will grow requirement for outdoor LED displays globally. It also contains different advanced features which raise the LED displays such as MIN operational price, energy efficiency and long life. Various LED companies supply end to end service to their consumers such as installing and displaying on site.

The outdoor LED displays market is expected to exceed more than USD 12 billion by 2020.

The major driving factors of outdoor LED displays market are as follows:

  • Increasing various sports events which raises the use of outdoor LED displays for perimeter boards, stadium screens, and scoreboards
  • Increasing promotional behaviors of many corporate brands support the development of outdoor LED display includes advertising boards and video walls
  • Improved features such as durability, environment friendliness and efficiency encourage consumers to buy LED displays

The restraining factors of outdoor LED displays market are as follows:

  • High Installation and Initial cost for the consumers
  • The outdoor LED displays market is segmented on the lines of its application, technology and color display. Under application segmentation it covers LED video walls, LED traffic lights, LED mobile panels, LED billboards, Perimeter LED boards and Other LED Matrix board. The outdoor LED displays market is segmented on the lines of its technology surface mounted outdoor LED displays and individually mounted outdoor LED displays. Based on color display segmentation it covers monochrome outdoor LED displays, tri color outdoor LED displays and full color LED displays. The outdoor LED display market is geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geography market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.