China Outdoor Led Display Market Size & Outlook, 2023-2030
- Semiconductors, Electronics & Components
- Display Technology & Optoelectronics
- Outdoor LED Display Market Outlook
- Display Technology & Optoelectronics
China Outdoor Led Display Market, 2017-2030 (US$M)
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China outdoor led display market highlights
- The China outdoor led display market generated a revenue of USD 373.7 million in 2023 and is expected to reach USD 1,154.0 million by 2030.
- The China market is expected to grow at a CAGR of 17.5% 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 373.7 million |
| Market revenue in 2030 | USD 1,154.0 million |
| Growth rate | 17.5% (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, China accounted for 4.5% 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 Asia Pacific, India outdoor led display market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,154.0 million by 2030.
China is one of the largest and fastest-growing countries in the world with thriving retail and tourism sectors, which has led to a high demand for outdoor LED displays in institutions, shopping malls, tourist spots, and other public places in the country.
In addition, China has adopted smart city solutions using outdoor LED displays to provide real-time information to citizens on topics such as traffic updates, emergency alerts, and other information.
Another factor boosting the market growth in China is the increasing popularity of outdoor entertainment, including concerts, festivals, and sporting events. These events often install large outdoor LED displays to provide highlights along with advertising and marketing opportunities.
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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 | - | - | - |
China 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 59.06% in 2023.
Horizon Databook has segmented the China outdoor led display market based on individually mounted, surface mounted covering the revenue growth of each sub-segment from 2017 to 2030.
China is one of the largest and fastest-growing countries in the world with thriving retail and tourism sectors, which has led to a high demand for outdoor LED displays in institutions, shopping malls, tourist spots, and other public places in the country.
In addition, China has adopted smart city solutions using outdoor LED displays to provide real-time information to citizens on topics such as traffic updates, emergency alerts, and other information.
Another factor boosting the market growth in China is the increasing popularity of outdoor entertainment, including concerts, festivals, and sporting events. These events often install large outdoor LED displays to provide highlights along with advertising and marketing opportunities.
- China Outdoor Led Display Market Technology Outlook (Revenue, USD Million , 2017-2030)
- Individually Mounted
- Surface Mounted
- China Outdoor Led Display Market Color Display Outlook (Revenue, USD Million , 2017-2030)
- Monochrome Display
- Tri-Color Display
- Full Color Display
- China Outdoor Led Display Market Application Outlook (Revenue, USD Million , 2017-2030)
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Horizon Databook provides a detailed overview of country-level data and insights on the China Outdoor LED Display Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into China Outdoor LED Display Market Outlook from 2017 to 2030, including revenue numbers, major trends, and company profiles.
China Outdoor Led Display Market, 2017-2030 (US$M)
China outdoor led display market statistics, by technology, 2017-2030 (US$M)
