Outdoor LED Display Market Share, Trends & Scope, Product Estimates & Strategy Framework To 2014 - 2025

Asia-Pacific region is predicted to hold major market share in the outdoor LED display market with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with rapid industrialization, vast consumer base, strong economic growth, increasing per capita income, and significant investment by leading industry players considering potential growth opportunities in the region. The key players in the outdoor LED display industry are Sony Co., LG Electronics Co., Toshiba, Inc., Panasonic Co., Daktronics, Inc., Electronic Displays, Inc., Shenzhen Dicolor Optoelectronics Co., Ltd., Barco N.V., Leyard Optoelectronic Co., Ltd., Lighthouse Technologies Ltd., and Barco N.V.

These factors are expected to dive market growth in the upcoming years. However, growing competition in the market, complexity involved during manufacturing processes, and introduction of other technologies such as Low Temperature Poly-Silicon (LTPS) and Digital Light Processing (DLP) are restraining market growth to a certain extent. Globally, the outdoor LED display industry is predicted to grow at higher CAGR in the forecast period, providing numerous opportunities for market players to invest for research and development in the market.

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The recent technological advancement in the electronic manufacturing sector coupled with development of novel products & techniques such as compact LED glass substrates with reduced thickness are expected to fuel market demand of outdoor LED displays in the upcoming years. Increasing investment by industry participants for research & development of outdoor LED display modules to gain competitive edge over their counterparts is propelling market growth further.

Adoption of higher image-quality transistor, in which each transistor is assigned to a pixel, is expected to favor market demand as well. This illuminates the display by allowing an easy view within the bright surroundings. These transistors are manufactured by using variety of semiconductor materials. These factors are predicted to foster the expansion of outdoor LED display market in the near future.

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