Rental Outdoor LED Display Market Size, Industry Analysis Report By Type (Surface Mounted, Individually Mounted), By Application (Billboards, Mobile LED Display, Perimeter Board, Traffic Lights, Video Call) & Region - Forecasts By 2033
- PUBLISHED ON
- 2022-10-08
- NO OF PAGES
- 215
- CATEGORY
- Electronics & Communication
Market Overview
The Global Rental Outdoor LED Display Market valued at USD 7332.36 million in 2022, is anticipated to reach a value of USD 14717.77 million in 2033, growing at a CAGR of 9.10%.
Report Scope
Report Attributes | Description |
Market Forecast in 2022 | USD 7332.36 Million |
Market Forecast in 2033 | USD 14717.77 Million |
CAGR % 2023-2033 | 9.10% |
Base Year | 2022 |
Historic Data | 2020-2021 |
Forecast Period | 2023-2033 |
Report USP | Product type, end-user industry, company share, company heatmap, company Material Technology type capacity, growth factors and more |
Segments Covered | type, application |
Regional Scope | North America, Europe, APAC, South America and Middle East and Africa |
Country Scope | U.S.; Canada; U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia; China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico; Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria |
Key Companies | BARCO, DAKTRONICS, INC., ELECTRONIC DISPLAYS INC., GALAXIA ELECTRONICS, LEYARD, LG ELECTRONICS, LIGHTHOUSE TECHNOLOGIES LIMITED., PANASONIC CORPORATION, SHENZHEN DICOLOR OPTOELECTRONICS CO., LTD., TOSHIBA CORPORATION. |
Rental Outdoor LED Display Market: Description
Technically outdoor LED screen manufacturing involves fabrication of LEDs of different colour wavelengths on printed circuit boards (PCBs). The packaging type may be either dual-inline-packaging (DIP) or surface mounting device (SMD). These screens are robust & resistant to damages caused by sunlight, pollution, and moisture.
High adoption by sponsors in the entertainment shows, sports events, and exhibitions owing to increase in preference of LED display advertising over paper or poster-based advertising boosts the outdoor LED display market growth. However, high initial investments and unstable demand are some of the factors that hamper the market growth. The rising importance of advertisements, promotions, marketing, and message displaying in the public areas is resulting into increasing demand for the rental outdoor LED displays to display the content.
Rental outdoor LED displays are now days in demand for displaying the content. The term rental in ‘rental outdoor LED display show the availability of these outdoor LED displays on a rent for temporary basis. The rental outdoor LED displays are in demand now days as they offer a brightness to the best possible high level and due to this features these displays are increasingly used.
The major factor fuelling the demand for rental outdoor LED displays market is increasing number of road shows, promotions, merchandising, and other activities as for delivering a video content the demand for the rental outdoor LED displays is increasing rapidly. The fast and flexible installation of the rental outdoor LED display is resulting into fuelling the demand. The increasing demand for displaying large format images or live video streaming at conferences, weddings, and other small or large events is one of the prime factor driving the growth of rental outdoor LED display market.
The customers are demanding the rental outdoor LED displays as these displays are available on rental basis and for choice wide variety of displays are available for them and due to this flexible options the customers are focusing on using rental outdoor LED displays than purchasing. The demand for rental outdoor LED displays is increasing rapidly as the manufacturers are delivering technologically advanced products by adding network connectivity to manage the content displays effectively.
Rental Outdoor LED Display Market- Segmental Analysis:
Type Insights
The individually mounted segment dominated the Outdoor LED Display Industry and is projected to maintain its dominance during the forecast period. The individually mounted LED display provides several features such as better ultraviolet (UV) protection function, waterproof, higher brightness, better moisture protection, and quality performance of LEDs.
Application Insights
The billboards segment dominated the outdoor LED market and is projected to maintain its dominance during the forecast period, as it provides cost-effective designs & advance features for advertisement on outdoor LED displays in the market.
Regional Insights
THE Global Rental Outdoor LED Display Market is further segmented into five major countries- North America, Europe, Asia-pacific, Latin America, Middle East and Africa.
Market was dominated by Asia-Pacific and is expected to maintain this trend during the forecast period. The major factors driving the growth of the market in this region are large investments for production & consumption of outdoor LED displays and semiconductors, and increased preferences of digital advertisements in the emerging economies.
Competitive Analysis
BARCO, DAKTRONICS, INC., ELECTRONIC DISPLAYS INC., GALAXIA ELECTRONICS, LEYARD, LG ELECTRONICS, LIGHTHOUSE TECHNOLOGIES LIMITED., PANASONIC CORPORATION, SHENZHEN DICOLOR OPTOELECTRONICS CO., LTD., TOSHIBA CORPORATION.
PLANAR company offers Leyard CarbonLight CLO Series of rental outdoor LED display. The company offers the rental outdoor LED displays for staging applications. The rental outdoor LED displays are lightweight displays and available in hanging and free-standing installations.
Global Rental Outdoor LED Display Market- Segmental Analysis
Based on Type
· Surface Mounted
· Individually Mounted
Based on Application
· Billboards
· Mobile LED Display
· Perimeter Board
· Traffic Lights
· Video Call
· Others
1. Global Rental Outdoor LED Display Market Introduction and Market
Overview
1.1.
Objectives of the Study
1.2.
Global Rental Outdoor LED
Display Market Scope and Market Estimation
1.2.1.Global Rental
Outdoor LED Display Overall Market Size, Revenue (US$ Mn) and Volume (Units),
Market CAGR (%), Market forecast (2023 - 2033)
1.2.2.Global Rental
Outdoor LED Display Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2019
- 2033
1.3.
Market Segmentation
1.3.1.Type of
Global Rental Outdoor LED Display Market
1.3.2.Application
of Global Rental Outdoor LED Display Market
1.3.3.Region
of Global Rental Outdoor LED Display Market
2. Executive Summary
3. Market Factor Analysis
3.1. Global Rental Outdoor LED
Display Market Application Trends under COVID-19 Outbreak
3.1.1.Global
COVID-19 Status Overview
3.1.2.Influence
of COVID-19 Outbreak on Global Rental Outdoor LED Display Market Application
Development
3.2. Market Dynamics
3.2.1.Drivers
3.2.2.Limitations
3.2.3.Opportunities
3.2.4.Impact
Analysis of Drivers and Restraints
3.3. Value Chain/ Ecosystem
Analysis
3.3.1.Manufacturers
/ Vendors
3.3.2.Distributors
3.3.3.Buyers /
End-users
3.3.4.Forward
Integration & Backward Integration of Key Stakeholders
3.4. Global Rental Outdoor LED
Display Market - Pricing Trends Analysis & Average Selling Prices (ASPs)
3.5. Porter’s Five Forces
Analysis
3.5.1.Bargaining
Power of Suppliers
3.5.2.Bargaining
Power of Buyers
3.5.3.Threat of
Substitutes
3.5.4.Threat
of New Entrants
3.5.5.Competitive
Rivalry
3.6. PEST Analysis
3.6.1.Political
Factors
3.6.2.Economic
Factors
3.6.3.Social
Factors
3.6.4.Technological
Factors
3.7. Impact of Russia Ukraine
War on Rental Outdoor LED Display Market
3.8. Impact of Economic
Downturn on Rental Outdoor LED Display Market
3.9. Rental Outdoor LED Display
Production Capacity, by Major Countries
3.10. Market Investment
Opportunity Analysis (Top Investment Pockets), By Segments & By Regions
4. Global Rental Outdoor LED
Display Market Estimates & Forecast Trend Analysis, by Type
4.1.
Global Rental Outdoor LED
Display Market Revenue (US$ Mn) and Volume (Units) Estimates and Forecasts, by Type,
2019 to 2033
4.1.1.Surface
Mounted
4.1.2.Individually
Mounted
5. Global Rental Outdoor LED
Display Market Estimates & Forecast Trend Analysis, by Application
5.1.
Global Rental Outdoor LED
Display Market Revenue (US$ Mn) and Volume (Units) Estimates and Forecasts, by Application,
2019 to 2033
5.1.1.Billboards
5.1.2.Mobile
LED Display
5.1.3.Perimeter
Board
5.1.4.Traffic
Lights
5.1.5.Video
Call
5.1.6.Others
6. Global Rental Outdoor LED
Display Market Estimates & Forecast Trend Analysis, by Region
6.1.
Global Rental Outdoor LED
Display Market Revenue (US$ Mn) and Volume (Units) Estimates and Forecasts, by
Region, 2019 to 2033
6.1.1.North
America
6.1.2.Europe
6.1.3.Asia
Pacific
6.1.4.Middle East & Africa
6.1.5.South
America
7. North America Rental Outdoor LED Display Market: Estimates & Forecast Trend Analysis
7.1. North America Rental Outdoor LED Display Market Assessments &
Key Findings
7.1.1.Rental
Outdoor LED Display Market Introduction
7.1.2.Rental
Outdoor LED Display Market Size Estimates and Forecast (US$ Million & Units)
(2019 – 2033)
7.1.2.1.
By Type
7.1.2.2.
By Application
7.1.2.3.
By Country
7.1.2.3.1.
The U.S.
7.1.2.3.2.
Canada
7.1.2.3.3.
Mexico
8. Europe Rental Outdoor LED Display Market: Estimates & Forecast Trend Analysis
8.1.
Europe Rental Outdoor LED
Display Market Assessments & Key Findings
8.1.1.Rental
Outdoor LED Display Market Introduction
8.1.2.Rental
Outdoor LED Display Market Size Estimates and Forecast (US$ Million & Units)
(2019 – 2033)
8.1.2.1.
By Type
8.1.2.2.
By Application
8.1.2.3.
By Country
8.1.2.3.1.
Italy
8.1.2.3.2.
Germany
8.1.2.3.3.
U.K.
8.1.2.3.4.
France
8.1.2.3.5.
Spain
8.1.2.3.6.
Rest of Europe
9. Asia Pacific Rental Outdoor LED Display Market: Estimates & Forecast Trend Analysis
9.1.
Asia Pacific Market Assessments
& Key Findings
9.1.1.Rental
Outdoor LED Display Market Introduction
9.1.2.Rental
Outdoor LED Display Market Size and Volume Estimates and Forecast (US$ Million
& Units) (2019 – 2033)
9.1.2.1.
By Type
9.1.2.2.
By Application
9.1.2.3.
By Country
9.1.2.3.1.
China
9.1.2.3.2.
Japan
9.1.2.3.3.
India
9.1.2.3.4.
Australia
9.1.2.3.5.
South Korea
9.1.2.3.6.
ASEAN
9.1.2.3.7.
Rest of Asia Pacific
10. Middle East & Africa Rental Outdoor LED Display Market: Estimates & Forecast Trend Analysis
10.1. Middle East & Africa Market Assessments & Key Findings
10.1.1.
Rental Outdoor LED Display
Market Introduction
10.1.2.
Rental Outdoor LED Display
Market Size and Volume Estimates and Forecast (US$ Million & Units) (2019 –
2033)
10.1.2.1.
By Type
10.1.2.2.
By Application
10.1.2.3.
By Country
10.1.2.3.1. U.A.E.
10.1.2.3.2. Saudi Arabia
10.1.2.3.3. Egypt
10.1.2.3.4. South Africa
10.1.2.3.5. Rest of Middle East & Africa
11. South America Rental Outdoor LED Display Market: Estimates & Forecast Trend Analysis
11.1. South America Market Assessments & Key Findings
11.1.1.
Rental Outdoor LED Display
Market Introduction
11.1.2.
Rental Outdoor LED Display
Market Size and Volume Estimates and Forecast (US$ Million & Units) (2019 –
2033)
11.1.2.1.
By Type
11.1.2.2.
By Application
11.1.2.3.
By Country
11.1.2.3.1. Brazil
11.1.2.3.2. Argentina
11.1.2.3.3. Colombia
11.1.2.3.4. Rest of South America
12.
Competition Landscape
12.1. Rental Outdoor LED Display Market Competition Matrix &
Benchmarking, by Leading Players / Innovators / Emerging Players / New Entrants
12.2. Rental Outdoor LED Display Market Competition White Space Analysis,
By End-user
12.3. Rental Outdoor LED Display Market Competition Regional Intensity Map
Analysis, By Geographies Served
12.4. Rental Outdoor LED Display Market Concentration & Company Market
Shares (%) Analysis, 2022
13.
Company Profiles
13.1.BARCO
13.1.1.
Company Overview & Key
Stats
13.1.2.
Financial Performance &
KPIs
13.1.3.
Product Portfolio
13.1.4.
Business Strategy & Recent Developments
* Similar details would be provided for all the players
mentioned below
13.2.DAKTRONICS, INC
13.3.ELECTRONIC DISPLAYS INC
13.4.GALAXIA ELECTRONICS
13.5.LG ELECTRONICS
13.6.LIGHTHOUSE TECHNOLOGIES LIMITED
13.7.PANASONIC CORPORATION
13.8.Others**
14.
Research Methodology
14.1.
External Power
Outputs / Databases
14.2.
Internal
Proprietary Database
14.3.
Primary
Research
14.4.
Secondary
Research
14.5.
Assumptions
14.6.
Limitations
14.7.
Report
FAQs
15.
Research Findings & Conclusion
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Case Study- Automotive Sector
One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).
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Market Estimates and Forecast
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Conclusion
The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.
Frequently Asked Questions
What is the market size and growth projections?
The Global Rental Outdoor LED Display Market valued at USD 7332.36 million in 2022, is anticipated to reach a value of USD 14717.77 million in 2033, growing at a CAGR of 9.10%.
What are the drivers shaping various markets?
High adoption by sponsors in the entertainment shows, sports events, and exhibitions owing to increase in preference of LED display advertising over paper or poster-based advertising boosts the outdoor LED display market growth.
Who are the key competitors of market Players?
Some of the major players operating within the market are BARCO, DAKTRONICS, INC., ELECTRONIC DISPLAYS INC., GALAXIA ELECTRONICS, LEYARD, LG ELECTRONICS, LIGHTHOUSE TECHNOLOGIES LIMITED., PANASONIC CORPORATION, SHENZHEN DICOLOR OPTOELECTRONICS CO., LTD., TOSHIBA CORPORATION.
What are the top performing segments, and countries / regions of each of the markets?
Market was dominated by Asia-Pacific and is expected to maintain this trend during the forecast period. The major factors driving the growth of the market in this region are large investments for production & consumption of outdoor LED displays and semiconductors, and increased preferences of digital advertisements in the emerging economies.
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