LED Billboard Market Size, Share and Competitive Landscape 2019-2028

Posted on 2019-10-11 by researchinsights in Electronics // 0 Comments

11^th Oct 2019 – Global LED Billboard Market is expected to witness a massive growth with a staggering CAGR in the forecast period. An LED billboard is the huge kind of T.V. display that plays the moving advertisements, which is seen by the roadsides. Usage of LED billboards completely depends on the budget that has been allocated to spend on advertising and also on the market of the advertiser. Mentioning some examples – LED billboards are being integrated with some of the most well-known places such as Tokyo, New York’s Time’s Square and Las Vegas. The billboards that are used in advertisements for outdoors and indoors have a high resolution and better image quality.

Presently, the cost of LED billboards is decreasing and its technological advancements are increasing massively. This major factor is attracting more advertisers to use the LED billboards (also called digital advertising) in various areas, as they make a huge impact on the audience. The penetration of these LED billboards is also increasing with better pixel density and high-quality resolution, which is immensely driving the growth of the market as its demand is increasing.

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Despite the numerous driving factors, the growth of LED billboards market is shrinking as these digital advertisings are considered to be a distraction because of the luminance and animation that holds the attention of the motorists and this becomes way too dangerous. But, the regulatory environment is much simpler when it comes to LED billboards and its new techniques are certainly anticipated that the LED billboard market will witness tremendous growth in the forecast period.

The market is segmented on the basis of product (single base color LED billboard, double base color LED billboard, full color LED billboard); by downstream fields/application (indoor LED billboard, outdoor LED billboard) and by region (North America, Europe, China, Japan, India, Middle East & Africa, South America).

Leading players of LED Billboard including:

Daktronics
Unilumin
Absen
Liantronics
Barco
Watchfire
Leyard
Lighthouse
Sansitech
AOTO
Ledman
Lopu
Yaham
Optec Display
Szretop
Mary
QSTech
Teeho
Others

Market split by Type, can be divided into:

Single base color LED Billboard
Double base color LED Billboard
Full color LED Billboard

Market split by Application, can be divided into:

Indoor
Outdoor

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Market segment by Region/Country including:

North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Spain etc.)
Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
South America Brazil, Argentina, Colombia and Chile etc.)
Middle East & Africa (South Africa, Egypt, Nigeria and Saudi Arabia etc.)

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