Outdoor LED Display Market PPT: Demand, Trends and Business Opportunities 2022-27

Author: Elena Anderson

Marketing Manager

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Global Outdoor LED Display Market Research Report 2022-2027:

According to the latest report by IMARC Group, titled " Outdoor LED Display Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecas t 2022-2027

," the global outdoor LED display market reached a value of US$ 7.08 Billion in 2021.

Outdoor light-emitting diode (LED) displays refer to large display panels that are widely used for advertising purposes related to a product, service or brand. They are generally equipped with a panel of LEDs that are utilized as a light source for the display. They are commercially used across the globe due to their several benefits, such as low-energy consumption, ability to withstand harsh environmental conditions, design flexibility and longer life span.

As a result, they find extensive applications in advertising boards installed in retail stores, shopping malls, airports, railway stations, corporate campuses, stadiums and sports arenas.

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Global Outdoor LED Display Market Trends:

The global market is primarily driven by the rising adoption of brand advertisements. This can be accredited to the intensive business competition and the increasing need for promotional campaigns in order to strengthen their market position. Moreover, the growing spending by leading players in the development of aggressive marketing strategies is creating a positive market outlook. With an enhanced focus on sustainable development, there has been a considerable rise in the adoption of LED displays in outdoor settings. Additionally, numerous initiatives undertaken by the governments of several countries for promoting the utilization of energy-efficient solutions are impacting the market growth favorably.

Apart from this, increasing investments by private and public agencies in smart city development programs across emerging economies are contributing to the product demand. Other factors, including rapid urbanization and digitization, augmenting electricity costs, continuous product innovations and extensive research and development (R&D) activities conducted by key players, are also positively influencing the market.

Looking forward, IMARC Group expects the market to reach US$ 11.5 Billion by 2027, exhibiting at a CAGR of 8.10% during 2022-2027.

View Report TOC, Figures and Tables: https://www.imarcgroup.com/outdoor-led-display-market

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Key Market Segmentation

The research report includes the following segments:

Breakup by Type:

• 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

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Breakup by Region:

• North America

• Asia Pacific

• Europe

• Latin America

• Middle East and Africa

Competitive Landscape with Key Players:

• 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

• Toshiba Corporation

1. What was the size of the global outdoor LED display market in 2021?

2. What is the expected growth rate of the global outdoor LED display market during 2022- 2027?

3. What are the key factors driving the global outdoor LED display market?

4. What has been the impact of COVID-19 on the global outdoor LED display market?

5. What is the breakup of the global outdoor LED display market based on the type?

6. What is the breakup of the global outdoor LED display market based on the application?

7. What are the key regions in the global outdoor LED display market?

8. Who are the key players/companies in the global outdoor LED display market?

Click here to visit the complete table of content with list of figures and tables: https://www.imarcgroup.com/outdoor-led-display-market/toc

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