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The Worldwide Outdoor LED Display Industry is Expected to Reach $41 Billion by 2027 - ResearchAndMarkets.com

The Worldwide Outdoor LED Display Industry is Expected to Reach $41 Billion by 2027 - ResearchAndMarkets.com

By AP News
Published - Nov 03, 2022, 06:14 AM ET
Last Updated - Jun 23, 2023, 08:53 PM EDT

DUBLIN--(BUSINESS WIRE)--Nov 3, 2022--

The "Outdoor LED Display Market Research Report by Technology, Application, Region - Global Forecast to 2027 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.

The Global Outdoor LED Display Market size was estimated at USD 20.10 billion in 2021, USD 22.61 billion in 2022, and is projected to grow at a CAGR of 12.69% to reach USD 41.17 billion by 2027.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Outdoor LED Display Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Outdoor LED Display Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Outdoor LED Display Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Outdoor LED Display Market?

4. What is the competitive strategic window for opportunities in the Global Outdoor LED Display Market?

5. What are the technology trends and regulatory frameworks in the Global Outdoor LED Display Market?

6. What is the market share of the leading vendors in the Global Outdoor LED Display Market?

7. What modes and strategic moves are considered suitable for entering the Global Outdoor LED Display Market?

Market Dynamics

Drivers

  • Rising number of modern construction projects such as shopping malls and multiplexes
  • Increasing number of promotional activities of business firms
  • Quality standards of LED display screens is increasingly becoming strict and detailed
  • Rising number of sports and musical events

Restraints

  • High initial cost of LED displays

Opportunities

  • Adoption of government initiative to encourage energy efficiency
  • Improved durability of the display as composed of semiconductors
  • High capital investment by big players

Challenges

  • Adoption of online advertising among various brands

Companies Mentioned

  • AU Optronics
  • Barco N.V.
  • BOE Technology
  • Buchi Labortechnik AG
  • Daktronics Inc.
  • EKTA Ltd
  • Electronic Displays Inc.
  • Galaxia Electronics Co. Ltd.
  • Ledman Optoelectronic Co
  • Leyard Opto-Electronic Company Ltd.
  • LG Electronics Inc.
  • Lighthouse Technologies Ltd.
  • Mitsubishi Electric Corporation
  • Panasonic Corporation
  • Samsung Electronics Co., Ltd.
  • Shanghai Sansi Electronic Engineering Co., Ltd.
  • Shenzhen AOTO Electronics Co Ltd
  • shenzhen Dicolor Optoelectronics Co. Ltd.
  • Shenzhen Retop Display Co., Ltd.
  • Sony Corporation
  • Toshiba Corporation
  • Unilumin Group Co

For more information about this report visit https://www.researchandmarkets.com/r/ukwao8

View source version on businesswire.com:https://www.businesswire.com/news/home/20221103005724/en/

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