Asia Pacific Outdoor Led Display Market Size & Outlook
- Semiconductors, Electronics & Components
- Display Technology & Optoelectronics
- Outdoor LED Display Market Outlook
- Display Technology & Optoelectronics
Asia Pacific Outdoor Led Display Market, 2017-2030 (US$M)
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Asia Pacific outdoor led display market highlights
- The Asia Pacific outdoor led display market generated a revenue of USD 3,250.1 million in 2023.
- The market is expected to grow at a CAGR of 15.3% from 2024 to 2030.
- In terms of segment, surface mounted was the largest revenue generating technology in 2023.
- Individually Mounted is the most lucrative technology segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 3,250.1 million |
| Market revenue in 2030 | USD 8,828.3 million |
| Growth rate | 15.3% (CAGR from 2023 to 2030) |
| Largest segment | Surface mounted |
| Fastest growing segment | Individually Mounted |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Individually Mounted, Surface Mounted |
| Key market players worldwide | Barco NV, Daktronics Inc, LG Electronics Inc ADR, Panasonic Holdings Corp, Sony Group Corp, Toshiba Corporation |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 39.1% of the global outdoor led display market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 7,470.2 million by 2030.
The demand for outdoor LED displays has witnessed a remarkable increase in Asia Pacific as the region has some of the world’s largest and fastest-growing economies, such as China, India, and Japan.
The demand for digital signage solutions is growing in the retail and tourism industries with the growing popularity of outdoor entertainment. For instance, Seoul deploys LED displays to display schedules of music festivals, information about the artists, and event updates.
Many businesses in Asia Pacific have invested in outdoor LED screens to provide real-time information on traffic information, emergency alerts, and weather details, among others. Additionally, the significant increase in smart city initiatives has contributed to the growth of the Asia Pacific market.
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Outdoor LED Display Market Scope
Outdoor LED Display Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Sony Group Corp | View profile | 113,000 | 7-1, Konan 1-Chome, Minato-ku, Tokyo, Japan, 108-0075 | www.sony.com |
| Panasonic Holdings Corp | View profile | 230,025 | 1006, Oaza Kadoma, Kadoma-shi, Osaka, Japan, 571-8501 | holdings.panasonic |
| Toshiba Corporation | View profile | 10001+ | Tokyo, Tokyo, Japan, Asia | www.toshiba.com/tai/ |
| LG Electronics Inc ADR | View profile | 35,111 | Twin Tower 128, Yeoui-daero, Yeongdeungpo-gu, Seoul, Korea, Republic of, 07336 | www.lge.co.kr |
| Barco NV | View profile | 3,360 | 35 President Kennedypark, Kortrijk, Belgium, 8500 | www.barco.com |
| Daktronics Inc | View profile | - | - | - |
Asia Pacific Outdoor LED Display Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Outdoor LED Display Market Outlook will help companies and investors design strategic landscapes.
Surface Mounted was the largest segment with a revenue share of 59.37% in 2023.
Horizon Databook has segmented the Asia Pacific outdoor led display market based on individually mounted, surface mounted covering the revenue growth of each sub-segment from 2017 to 2030.
The demand for outdoor LED displays has witnessed a remarkable increase in Asia Pacific as the region has some of the world’s largest and fastest-growing economies, such as China, India, and Japan.
The demand for digital signage solutions is growing in the retail and tourism industries with the growing popularity of outdoor entertainment. For instance, Seoul deploys LED displays to display schedules of music festivals, information about the artists, and event updates.
Many businesses in Asia Pacific have invested in outdoor LED screens to provide real-time information on traffic information, emergency alerts, and weather details, among others. Additionally, the significant increase in smart city initiatives has contributed to the growth of the Asia Pacific market.
- Asia Pacific Outdoor Led Display Market Technology Outlook (Revenue, USD Million , 2017-2030)
- Individually Mounted
- Surface Mounted
- Asia Pacific Outdoor Led Display Market Color Display Outlook (Revenue, USD Million , 2017-2030)
- Monochrome Display
- Tri-Color Display
- Full Color Display
- Asia Pacific Outdoor Led Display Market Application Outlook (Revenue, USD Million , 2017-2030)
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific Outdoor LED Display Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific Outdoor LED Display Market Outlook from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Asia Pacific Outdoor Led Display Market, 2017-2030 (US$M)
Asia Pacific outdoor led display market statistics, by technology, 2017-2030 (US$M)
