Report
Description
A recent market intelligence report that is published by Data
Insights Partner on LED billboards Market makes an offering of in-depth analysis of segments and
sub-segments in the regional and international LED
billboards Market. The
research also emphasizes on the impact of restraints, drivers, and macro
indicators on the regional and world LED billboards market over the short as well as long period of time. A
detailed presentation of forecast, trends, and dollar values of international LED
billboards Market is offered. In accordance with the report, the LED
billboards Market is projected to expand at a CAGR of 6.9% during the
projected period from 2019-2027.
Market
Insight, Drivers, Restraints & Opportunity of the Market:
From the past few decades, outdoor advertising is gaining its
popularity in the advertising sectors owing to its efficient and cost-effective
solutions. The LED billboard market is used for both indoor and outdoor
application. The LED billboard is usually used on sports events, roads,
highways, and applications. The LEDs offers durable, flexible and the
lightweight display screen that anticipated to fuel its adoption in the outdoor
advertising market. Additionally, the growing adoption of digital advertising
for the outdoor and the indoor applications are escalating the growth of LED
billboard market worldwide. The LED billboards are more advanced and the
flexible as compared to the traditional billboards. They also provide multiple
images with no extra maintenance. The LED billboards are cost effective and
energy-efficient than the other static billboards. The growing demand for the
more efficient solutions and better resolutions are driving the growth of the
LED billboard market. On the other hand, the availability of other less
expensive method such as print or social media is expected to restrain the
growth of LED billboard market. Furthermore, the decreasing prices of LEDs are
propelling the growth of LED billboard market.
Moreover, the growing inclination towards the digitalization is
projected to serve numerous growth opportunities in the LED billboard market
over the forecast period. Geographically, North America holds the largest
market share in the LED billboard market and it is expected to remain the
dominating region through the forecast period. The high rate of adoption of
innovative and advanced technologies and rapidly growing media and advertising
sectors are majorly contributing in the growth of LED billboards market.
Additionally, Asia Pacific is anticipated to growth with the highest CAGR of
X.XX% over the forecast period. The growing demand for outdoor advertising is
expected to accelerating the growth of LED billboard market in the Asia Pacific
region.
Segment
Covered:
This market intelligence report on the LED
billboards Market has been
segmented by product type, its segmentation based upon application, growing
market size & region-wise market shares. In terms of the LED billboards product
type, LED billboards Market has been divided into small size
LED billboards, Medium size LED billboards, large size LED billboards. In terms of the application, LED
billboards Market has been classified
into indoor and outdoor.
The medium and the large size LED billboards are held
considerable market share in the LED billboard market in 2018. The rapidly
increasing use of LED billboards across sports and other events are expected to
contribute to the growth of the LED billboard market during the forecast period.
Profiling
of Market Players:
There are many
multinational companies are investing in the growing market of LED billboards.
Most of the companies are focusing on the large chunk of potential consumers in
Europe and North America. The key players observed in the study are – Daktronics, Lighthouse
Technologies, Barco NV., Leyard Optoelectronic, Shenzhen Dicolor
Optoelectronics, Panasonic, LG Electronics, Philips, and siemains among others.
Report
Highlights:
In-depth analysis of the micro and macro indicators,
market trends, and forecasts of demand is offered by this business intelligence
report. Furthermore, the report offers a vivid picture of the factors that are steering
and restraining the growth of this market across all geographical segments. In
addition to that, IGR-Growth Matrix analysis is also provided in the report so
as to share insight of the investment areas that new or existing market players
can take into consideration. Various analytical tools such as DRO analysis,
Porter's five forces analysis has been used in this report to present a clear
picture of the market. The study focuses on the present market trends and
provides market forecast from the year 2019-2027. Emerging trends that would
shape the market demand in the years to come have been highlighted in this
report. A competitive analysis in each of the geographical segments gives an
insight into market share of the global players.
Salient
Features:
Ø This study offers comprehensive yet detailed analysis of
the LED billboards Market, size of the market (US$ Mn), and Compound Annual Growth
Rate (CAGR (%)) for the period of forecast: 2019 – 2027, taking into account 2017
as the base year
Ø It explains upcoming revenue opportunities across various
market segments and attractive matrix of investment proposition for the said
market
Ø This market intelligence report also offers pivotal insights
about various market opportunities, restraints, drivers, launch of new
products, competitive market strategies of leading market players, emerging market
trends, and regional outlook
Ø Profiling of key market players in the world LED
billboards Market is done by taking into account various parameters such as
company strategies, distribution strategies, product portfolio, financial
performance, key developments, geographical presence, and company overview
Ø Daktronics , Lighthouse
Technologies, Barco NV., Leyard Optoelectronic , Shenzhen Dicolor
Optoelectronics, Panasonic , LG Electronics , Philips and siemains among
others.
Ø The data of this report would allow management
authorities and marketers of companies alike to take informed decision when it
comes to launch of products, government initiatives, marketing tactics and
expansion, and technical up gradation
Ø The world market for LED
billboards Market caters to
the needs of various stakeholders pertaining to this industry, namely
suppliers, product manufacturers, investors, and distributors for LED billboards
Market. The research
also caters to the rising needs of consulting and research firms, financial
analysts, and new market entrants
Ø Research methodologies that have been adopted for the
purpose of this study have been clearly elaborated so as to facilitate better
understanding of the reports
Ø Reports have been made based on the guidelines as
mandated by General Data Protection Regulation
Ø Ample number of examples and case studies have been taken
into consideration before coming to a conclusion
Reasons
to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the
investment opportunities in the LED billboards Market
v Identification of key factors driving investment
opportunities in the LED billboards Market Facilitate decision-making based on strong historic and
forecast data
v Position yourself to gain the maximum advantage of the
industry’s growth potential
v Develop strategies based on the latest regulatory events
v Identify key partners and business development avenues
v Respond to your competitors’ business structure, strategy
and prospects
v Identify key strengths and weaknesses of important market
participants