Mob/Whatsapp/Wechat:+86-186 8005 9526
Outdoor LED Display Market Set For Growth
2017-12-12 21:21
Outdoor LED Display Market Set For Growth

There is set to be growth in the demand for outdoor led displays such as video walls, advertising boards,
stadium screens & much more. The outdoor LED display market is expected to grow considerably
in the coming years, reaching a value of $22.4 billion (£16.6 billion) by 2024.
Broadway World highlighted research from Global Market Insights, which revealed that there is set to
be growth in demand for video walls, advertising boards, stadium screens, scoreboards and much more
in the next few years.
Although there will be challenges to LED displays from other technology, the website noted that the energy
efficiency credentials of LEDs, as well as their low operating costs and “evolving screen dynamics” will help
them stay a popular option in many settings.
Demand for customizable LED displays in place of traditional print billboards will also help fuel the rise of
this technology, as brands demand more from their outdoor advertising platforms, the site asserted.
“Features such as high cost effectiveness, incredible visibility and dynamic content will drive growth in the
billboards segment,” Broadway World stated. Another area that makes up a significant part of the LED
display market is traffic lights, the research revealed.
11.5 per cent of the global outdoor LED display market share was accounted for by traffic lights, indicating
that practical uses of this technology are just as important as those utilised for advertising.
If the forecast from Global Market Insights is correct, it outstrips a prediction made earlier this year by
Allied Market Research, which anticipates the global outdoor LED display market to grow to $14 billbon by 2023.
 According to this research, the sector brought in $4 billion in 2016.

ADD:Room 1423A,D Block,Shenghe Square,Nancheng district Dongguan City,China
Contact Person:Joyce Wang
Tel:+86-769-3383 8007
Mobile:+86 186 8005 9526

UNA TECH CO..LTD 优那电子有限公司©2015 unatech.com All Rights Reserved