Global Mobile Panels Outdoor LED Display Market, By Type (Surface Mounted, Individually Mounted), Color Display (Tri-Color, Monochrome, Full Color) – Industry Trends and Forecast to 2029.
Mobile Panels Outdoor LED Display Market Analysis and Size
Mobile panels outdoor LED display are widely used in advertising in the current digital technology era. Such factors are generating potential business opportunities for mobile panels outdoor LED display manufacturers worldwide. Growing demand for high-definition video content, combined with improved digital content quality, is expected to drive the global mobile panels outdoor LED display market during the forecast period.
Data Bridge Market Research analyses that the mobile panels outdoor LED display market which was growing at a value of 6.40 billion in 2021 and is expected to reach the value of USD 31.62 billion by 2029, at a CAGR of 22.10% during the forecast period of 2022-2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Mobile Panels Outdoor LED Display Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Surface Mounted, Individually Mounted), Color Display (Tri-Color, Monochrome, Full Color)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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JCDecaux (France), Lamar Advertising Company (U.S.), Clear Channel Outdoor Holdings, Inc. (U.S.), OUTFRONT Media (U.S.), Prismview LLC (U.S.), and Daktronics (U.S.) NEC Display Solutions, Ltd. (Japan), Stroer S.E. & Co. KGaA (Germany), Broadsign International LLC. (Canada), oOh!media Ltd. (Australia), Mvix, Inc. (U.S.), Christie Digital Systems USA, Inc. (U.S.), Ayuda Media Systems (U.S.), Deepsky Corporation Ltd. (Hong Kong), and Aoto Electronics Co., Ltd (China)
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Opportunities
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Market Definition
Mobile panels outdoor LED display manufacturing technically entails the fabrication of LEDs of various colour wavelengths on printed circuit boards (PCBs). Dual-inline packaging (DIP) or surface mounting device packaging may be used (SMD). These screens are strong and resistant to sun, pollution, and moisture damage.
Mobile Panels Outdoor LED Display Market Dynamics
Drivers
- Energy efficiency and low operating costs
Mobile panels outdoor LED displays have several built-in advantages, including exceptional readability, light in a much narrower spectrum than other illumination sources, energy efficiency, low operating costs, and long life. These will be expected to reduce electronic power losses and increase market usage of competently used outdoor LED displays. Furthermore, using outdoor LEDs for advertising, promoting sporting events and brands, and other types of events is a highly innovative and cost-effective method of promoting these types of events.
- Growing importance of digital marketing and growing adoption of smart devices
The mobile panels outdoor LED display market is expected to be driven by rising demand for digital advertisements and growing user adoption of smart devices. The growing demand for advanced digital marketing tools by advertisers and marketers to ensure effective digital product advertising is expected to drive up demand for mobile panels outdoor LED display among businesses. Companies are prioritising social media advertising based on user demographics in order to increase the conversion ratio of potential customers, which is expected to provide significant revenue opportunities to social media platforms via mobile panels outdoor LED display.
Opportunity
Video wall penetration in the media and advertising sectors is driving market growth. Large-scale adoption in malls and public areas such as railway stations, airports, and bus stops also contributes to market growth. Furthermore, outdoor events such as political gatherings, sporting events, product launches, and others are some of the growth factors for the mobile panel outdoor LED display market, and the future growth of energy-efficient electronic products and low power density products is an opportunity for growth during the forecast period.
Restraints
High installation, high initial investments, and volatile demand are the major factors acting as restraints, and will continue to challenge the mobile panels outdoor LED display market during the forecast period.
This mobile panels outdoor LED display market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the mobile panels outdoor LED display market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
COVID-19 Impact on Mobile Panels Outdoor LED Display Market
Companies are implementing digital platforms for business processes and marketing strategies in response to lockdown measures and to provide more reliable platforms for managing product advertising activities. Companies are targeting more customers based on their content preferences in order to provide precise product information and increase sales during the lockdown period. During the forecast period, the ever-increasing threat of COVID-19 is expected to boost demand for programmatic display advertising solutions and services.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Development
- BNZSA, Europe's leading I.T. B2B digital, data, and lead generation agency, announced the launch of programmatic display in September 2021, which will allow consumers to deepen relationships with potential clients by using technographic, firmographic, and intent data to promote brand awareness and thought-leadership content.
- Blackstone announced partnerships with Simpli.fi, a leading programmatic display advertising and agency management software, in June 2021. The company made a US$ 1.5 billion investment in the latter programmatic display agency firm, accounting for a majority stake.
Global Mobile Panels Outdoor LED Display Market Scope
The mobile panels outdoor LED display market is segmented on the basis of type and colour display. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Surface Mounted
- Individually Mounted
Colour display
- Tri-Colour
- Monochrome
- Full Colour
Mobile Panels Outdoor LED Display Market Regional Analysis/Insights
The mobile panels outdoor LED display market is analysed and market size insights and trends are provided by country, type and colour display as referenced above.
The countries covered in the mobile panels outdoor LED display market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the mobile panels outdoor LED display market due to an increase in the number of sports activities and infrastructure development in emerging nations such as India and China.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Mobile Panels Outdoor LED Display Market Share Analysis
The mobile panels outdoor LED display market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to mobile panels outdoor LED display market.
Some of the major players operating in the mobile panels outdoor LED display market are:
- JCDecaux (France)
- Lamar Advertising Company (U.S.)
- Clear Channel Outdoor Holdings, Inc. (U.S.)
- OUTFRONT Media (U.S.)
- Prismview LLC (U.S.)
- Daktronics (U.S.)
- NEC Display Solutions, Ltd. (Japan)
- Stroer SE & Co. KGaA (Germany)
- Broadsign International LLC. (Canada)
- oOh!media Ltd. (Australia)
- Mvix, Inc. (U.S.)
- Christie Digital Systems USA, Inc. (U.S.)
- Ayuda Media Systems (U.S.)
- Deepsky Corporation Ltd. (Hong Kong)
- Aoto Electronics Co., Ltd (China)
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