A LED display (screen), 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.
Outdoor LED Display mainly refers to the LED display in the outdoor. Places, such as Advertising Media, Traffic and Safety, Gym are targets of outdoor LED Display. According to the survey of QYResearch, Advertising Media is the largest consumer of Outdoor LED Display and owns nearly half of the consumption share in 2020. Outdoor LED Displays easily catch pedestrian's eyeballs and is a very popular display. More and more enterprises choose Outdoor LED Displays instead of traditional medias to publicize their products. Advertising Media changes will keep stimulating the demand of Outdoor LED Display.
Global Outdoor LED Display Market- Key Players
Daktronics, Samsung, Unilumin, Leyard, Absen, LianTronics, Lightking, Lighthouse, Sansi, Yaham Electronics, Ledman, MRLED, Lopu, AOTO, Chipshow, Shenzhen CLT, INFiLED, Retop LED Display, QSTECH, Shenzhen Teeho, are some of the key players in the global Outdoor LED Display market. Outdoor LED Display is still dominated by a few leading companies. In 2020, the top 5 players, Daktronics, Samsung, Unilumin, Leyard, Absen own about 44% market share globally.
Global Outdoor LED Display Market: Segmental Analysis
Nowadays, there are three mainly types of Outdoor LED Display, including Single Color, Two-color/Three-color and Full Color. And Full Color is the main type for Outdoor LED Display. In 2020, Full Color was approximately 1622.07 K Sqm, with 71.27% of global sales volume.
The global Outdoor LED Display market was valued at US$ 1984.48 million in 2020 and it is expected to reach US$ 3374.07 million by the end of 2026, growing at a CAGR of 9.03% during 2021-2026.
Read More Information: https://www.qyresearch.com/index/detail/2793177/global-outdoor-led-display-industry-research-report-growth-trends-and-competitive-analysis-2021-2027
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