A LED display, or light emitting diode display, is a flat panel display that uses an array of light-emitting diodes as the video display. An LED display panel can be either a small display or part of a larger display. They are typically used outdoors in store signs and billboards, and in recent years have also become commonly used in destination signs on public transport vehicles or even as part of transparent glass area.
In 2017, Asia-Pacific captured the first largest share of the LED display sales market with 49.96%, while North America ranked second with a sales market share with 27.15%, ahead of Europe and other regions.
Indoor display is the fastest growing market for LED display industry in 2017, and the market share is about 59 percent; outdoor display market is occupied 41 percent. Full color display has become the mainstream product of LED display gradually.
The LED display market has a widely application range, such as advertising industry and information display, especially sports arena area due to upsurge of The World Cup in recent years. New application areas come into being, which creates a good market space for the development of LED industry.
Market Analysis and Insights: Global LED Display Market
The global LED Display market was valued at US$ 6282.8 million in 2019 and it is expected to reach US$ 8934.1 million by the end of 2026, growing at a CAGR of 5.1% during 2021-2026.
Global LED Display Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global LED Display Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Indoor LED Display
Outdoor LED Display
Segment by Application
Advertising Media
Information Display
Sports Arena
Stage Performance
Traffic & Security
Others
By Company
Liantronics
Leyard
Daktronics
Unilumin
Absen
Barco
Lighthouse
Yaham
Sansitech
Ledman
LightKing
Mitsubishi Electric
Lopu
AOTO
Handson
Mary
QSTech
Suncen
Teeho
Szretop
Production by Region
North America
Europe
China
Japan
South Korea
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
In 2017, Asia-Pacific captured the first largest share of the LED display sales market with 49.96%, while North America ranked second with a sales market share with 27.15%, ahead of Europe and other regions.
Indoor display is the fastest growing market for LED display industry in 2017, and the market share is about 59 percent; outdoor display market is occupied 41 percent. Full color display has become the mainstream product of LED display gradually.
The LED display market has a widely application range, such as advertising industry and information display, especially sports arena area due to upsurge of The World Cup in recent years. New application areas come into being, which creates a good market space for the development of LED industry.
Market Analysis and Insights: Global LED Display Market
The global LED Display market was valued at US$ 6282.8 million in 2019 and it is expected to reach US$ 8934.1 million by the end of 2026, growing at a CAGR of 5.1% during 2021-2026.
Global LED Display Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global LED Display Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Indoor LED Display
Outdoor LED Display
Segment by Application
Advertising Media
Information Display
Sports Arena
Stage Performance
Traffic & Security
Others
By Company
Liantronics
Leyard
Daktronics
Unilumin
Absen
Barco
Lighthouse
Yaham
Sansitech
Ledman
LightKing
Mitsubishi Electric
Lopu
AOTO
Handson
Mary
QSTech
Suncen
Teeho
Szretop
Production by Region
North America
Europe
China
Japan
South Korea
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.