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Global Rental Outdoor LED Display Market Analysis by type, application, Region and segments forecast till 2033
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. |
Global 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.
Global 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
Why to buy this Report?
The report provides quantitative and qualitative aspect for Global Rental Outdoor LED Display Market in terms of value and volume, along with supporting market trends, challenges, restraints.
The report provides an in depth analysis from both Technology and consumption point of view at the regional and country level. Key Factors considered within the report scope are Technology type capacity by countries/regions, average End Use, consumption ratio, revenue earned and gross margin.
The report provides competitive analysis of around 30-50 companies operated in Global Rental Outdoor LED Display Market, these companies are bifurcated into niche players, the leaders and major contenders. The companies are analyzed in terms of following factors such as:
Business Model
Technology, Capacity, Revenue, Sales, Gross Margin
Key Business Strategy
SWOT Analysis
In terms of competitive landscape, the report provides distinctive factors that would help the Card Technology Vehicle type in taking a key decision within the business:
Company Share Analysis from 2020-2022
Company Analysis by Revenue and Sales
Company Technology type Capacity, Gross Margin
Company Share Analysis by Technology type/ Technology Vehicle type
Company Share Analysis by Technology type/Specification
