Canada Outdoor Led Display Market Size & Outlook, 2023-2030
- Semiconductors, Electronics & Components
- Display Technology & Optoelectronics
- Outdoor LED Display Market Outlook
- Display Technology & Optoelectronics
Canada Outdoor Led Display Market, 2017-2030 (US$M)
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Canada outdoor led display market highlights
- The Canada outdoor led display market generated a revenue of USD 511.3 million in 2023 and is expected to reach USD 1,696.8 million by 2030.
- The Canada market is expected to grow at a CAGR of 18.7% 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.
Outdoor led display market data book summary
| Market revenue in 2023 | USD 511.3 million |
| Market revenue in 2030 | USD 1,696.8 million |
| Growth rate | 18.7% (CAGR from 2023 to 2030) |
| Largest segment | Surface mounted |
| Fastest growing segment | Individually Mounted |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Canada accounted for 6.2% of the global outdoor led display market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. outdoor led display market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 1,696.8 million by 2030.
Factors such as the increasing demand for effective and impactful advertising solutions, technological advancements in LED displays, and the increasing popularity of smart cities are propelling market growth.
Outdoor LED displays can display dynamic and attention-grabbing content and allow advertisers the flexibility to change messages in real time. This has made them a preferred choice for businesses and organizations looking to reach larger audiences and make a lasting impression.
Toronto has implemented outdoor LED displays in several public spaces, including transit hubs, parks, and pedestrian walkways. These displays are used to provide real-time information to citizens, such as traffic updates, emergency alerts, and weather information.
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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 | - | - | - |
Canada 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 58.81% in 2023.
Horizon Databook has segmented the Canada outdoor led display market based on individually mounted, surface mounted covering the revenue growth of each sub-segment from 2017 to 2030.
Factors such as the increasing demand for effective and impactful advertising solutions, technological advancements in LED displays, and the increasing popularity of smart cities are propelling market growth.
Outdoor LED displays can display dynamic and attention-grabbing content and allow advertisers the flexibility to change messages in real time. This has made them a preferred choice for businesses and organizations looking to reach larger audiences and make a lasting impression.
Toronto has implemented outdoor LED displays in several public spaces, including transit hubs, parks, and pedestrian walkways. These displays are used to provide real-time information to citizens, such as traffic updates, emergency alerts, and weather information.
- Canada Outdoor Led Display Market Technology Outlook (Revenue, USD Million , 2017-2030)
- Individually Mounted
- Surface Mounted
- Canada Outdoor Led Display Market Color Display Outlook (Revenue, USD Million , 2017-2030)
- Monochrome Display
- Tri-Color Display
- Full Color Display
- Canada Outdoor Led Display Market Application Outlook (Revenue, USD Million , 2017-2030)
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- Other LED Matrix Boards
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada Outdoor LED Display Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Canada Outdoor LED Display Market Outlook from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Canada Outdoor Led Display Market, 2017-2030 (US$M)
Canada outdoor led display market statistics, by technology, 2017-2030 (US$M)
