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Outdoor LED Display Market To Exceed US$ 19.0 Bn By 2023

The purpose of the report is to illustrate the state of the market of Specialty Fats and Oils, to present actual information about the volumes of production, exports, imports, consumption and the state of the market, the changes that took place in 2017, and also, to build a forecast for the growth of the industry in the medium term until 2026.

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Market Insights

An outdoor LED display is a flat panel display which uses a range of light emitting diodes as pixels for a video display. Comparatively high brightness of LED displays makes them suitable to be used outdoors in billboards, perimeter boards, and video walls among others for advertising purpose. In recent years, LED displays have also become popular destination signs on public transport cars.  Outdoor LED displays are quickly becoming popular across private as well as public environments on account of benefits offered in terms of durability, energy efficiency, and operational cost among others. Apart from application, the global outdoor LED display market is also segregated by technology and display type. In 2015, full color outdoor LED displays led the overall market on account of its ability to offer high quality videos and animations. In terms of technology, individually mounted outdoor LED displays accounted for majority of the market revenue share in 2015 and would continue to dominate throughout the forecast period.

Outdoor Led Display Market

Competitive Insights:

The global outdoor LED display market is highly competitive and technology driven. The top four players in the market collectively account for less than 45 percent of the global outdoor LED display market revenue. Some of the leading players identified in the global outdoor LED display market include LG Electronics, Inc., Panasonic Corporation, Sony Corporation, Barco NV, Data Display Co., Ltd., Daktronics, Inc., Toshiba Corporation, Lighthouse Technologies, Ltd., Shenzhen Dicolor Optoelectronics Co. Ltd., Leyard Opto-Electronic Company Ltd., Buchi Labortechnik AG, and EKTA Ltd. among others. The global outdoor LED display market also includes large number of niche players accounting for trivial market share individually. The players in the market are focused on offering complete turn-key solutions and quality pre- and post-sales services. The global outdoor LED display market being technology driven, the competitive rivalry among market players is expected to remain high throughout the forecast period 2016 – 2023.

Why was the report written?

This report is the result of an extensive survey drawn from Credence Research’s exclusive panel of leading global market industry executives; it provides data and analysis on buyer investment, acquisition, and developments within the global market research. It includes key topics such as global Specialty Fats and Oils buyer expenditure and procurement behaviors and strategies and recognizes the threats and possibilities within the industry, economic outlook trends, and business confidence within global industry executives. Most secondary research reports are based on general industry drivers and do not understand the industry executives’ attitude and changing behaviors, creating a gap in presenting the business outlook of the industry; in an effort to bridge this gap, Credence Research created this primary research-based report by gathering the opinions of multiple stakeholders in the value chain of the global industry.

What is the current market landscape and what is changing?

Executives from the global industry anticipate an increase in levels of consolidation, with 55% of respondents projecting an increase in merger and acquisition (M&A) activities in 2017.

The report on the market of Outdoor LED Display contains:

Analysis and forecast of Specialty Fats and Oils market dynamics;

Analysis of domestic production, market shares of the main market players;

Analysis of exports and imports;

Analysis of factors, leading the development of the Specialty Fats and Oils market;

Assessment and forecast of Specialty Fats and Oils market development;

Financial and business profiles of the leading companies in the Specialty Fats and Oils industry.


– Up to date working Specialty Fats and Oils data by major regions in the world, the forecast of planned capacity additions by 2026

– The annual breakdown of capital expenditure spending on proposed Specialty Fats and Oils for the period 2018 to 2026

– Planned Specialty Fats and Oils additions and capital expenditure spending by key countries and companies across the world

– Planned capital expenditure spending on new Specialty Fats and Oils projects by region, key countries, and companies

– Details of major planned Specialty Fats and Oils projects in the world up to 2026

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