Global Outdoor LED Displays Market To Reach US$12.54 Bn By 2020 With Increasing Sports Events
Light emitting diodes (LED) displays are flat panel displays used for outdoor applications. Outdoor displays include billboards, store signs, advertising boards, stadium scoreboards, rental screens, video walls and traffic lights. Outdoor LED displays are being increasingly used in public transport vehicles, destination signs and as a part of transparent glass areas. Discrete LED and surface-mounted device LED are two types of mounting technologies used in producing outdoor displays. These displays are produced in a range of colors and with proper mixing schemes, which generate a number of colors. LED displays are available in three forms, namely, monochrome display, tri-color display, and full color display.
Appropriate locations for large outdoor LED displays are selected based on factors such as local authority planning requirement, line of sight, vehicular access, power and overhead obstructions. Outdoor LED displays enable end-users to carry out uninterrupted advertising. Hence, they are being increasingly deployed in shopping malls, car showrooms, real estate offices, and retail outlets.
The research study titled “Outdoor LED Displays (Applications – LED Billboards, Perimeter LED Boards, LED Mobile Panels, LED Traffic Lights, LED Video Walls and Other LED Matrix Boards) Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 – 2020” provides in-depth analysis of the market and related sub-segments. The report strategically focuses on market segments such as outdoor LED display’s applications, technologies and color displays. In addition, this report provides market insights and data about the size and growth of each segment.
The report includes detailed analysis of prevalent market trends and also company profiles of key players. To provide better understanding of the competition in the market, the report provides competitive analysis of dominant companies in the market, value chain analysis, Porter’s five forces model analysis and market attractiveness analysis. The study on the global outdoor LED displays market has been conducted with an objective of providing thorough coverage of the underlying technological and economic issues driving the outdoor LED displays market.
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The outdoor LED displays market is expected to foresee continuous growth in the coming years due to enhanced features of LED displays such as energy efficiency, environment friendliness and durability encouraging the customers to use LED screens for outdoor displays. Additionally, rising number of sports activities across the globe and promotional activities of corporate brands encourage the promoters to advertise their products using outdoor LED displays such as LED video walls, LED billboards and perimeter LED boards. The companies operating in this market are offering end-to-end solutions to their customers, i.e. from manufacturing LED displays to installation at site, and offer after-sales services. The companies are focused on offering products not only as an individual good but also as a project solution.
The report aims to provide a comprehensive overview of market data and trends in North America, Europe, Asia-Pacific and Rest of the World (RoW) for emerging outdoor LED display technologies. The report identifies factors driving and restraining growth and future business opportunities in the global outdoor LED displays manufacturing business.