Middle East & Africa Outdoor Led Display Market Size & Outlook
- Semiconductors, Electronics & Components
- Display Technology & Optoelectronics
- Outdoor LED Display Market Outlook
- Display Technology & Optoelectronics
Middle East Africa Outdoor Led Display Market, 2017-2030 (US$M)
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MEA outdoor led display market highlights
- The MEA outdoor led display market generated a revenue of USD 296.4 million in 2023.
- The market is expected to grow at a CAGR of 12.9% 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.
MEA data book summary
| Market revenue in 2023 | USD 296.4 million |
| Market revenue in 2030 | USD 692.3 million |
| Growth rate | 12.9% (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, MEA region accounted for 3.6% 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.
In the Middle East and Africa, outdoor LED displays are becoming increasingly common as a technique for advertising and boosting visibility. These displays are often deployed in busy streets, malls, and public squares where they can be seen by a large number of people.
They are also used in sports events to provide real-time score updates and highlight critical plays, and in transportation systems to provide information on bus schedules, route changes, and other important updates.
Certain religious sites in the Middle East and Africa have started integrating LED displays into their architecture to improve the visiting experience and provide details on the site's significance and history. LED screens are also widely used in hospitals and other healthcare institutions to provide real-time updates on waiting times, bed availability, and other crucial 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 | - | - | - |
Middle East & Africa 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 59.55% in 2023.
Horizon Databook has segmented the Middle East & Africa outdoor led display market based on individually mounted, surface mounted covering the revenue growth of each sub-segment from 2017 to 2030.
In the Middle East and Africa, outdoor LED displays are becoming increasingly common as a technique for advertising and boosting visibility. These displays are often deployed in busy streets, malls, and public squares where they can be seen by a large number of people.
They are also used in sports events to provide real-time score updates and highlight critical plays, and in transportation systems to provide information on bus schedules, route changes, and other important updates.
Certain religious sites in the Middle East and Africa have started integrating LED displays into their architecture to improve the visiting experience and provide details on the site's significance and history. LED screens are also widely used in hospitals and other healthcare institutions to provide real-time updates on waiting times, bed availability, and other crucial information.
- Middle East & Africa Outdoor Led Display Market Technology Outlook (Revenue, USD Million , 2017-2030)
- Individually Mounted
- Surface Mounted
- Middle East & Africa Outdoor Led Display Market Color Display Outlook (Revenue, USD Million , 2017-2030)
- Monochrome Display
- Tri-Color Display
- Full Color Display
- Middle East & Africa Outdoor Led Display Market Application Outlook (Revenue, USD Million , 2017-2030)
- LED Billboards
- Perimeter LED Boards
- LED Mobile Panel
- LED Traffic Lights
- LED Video Walls
- Other LED Matrix Boards
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa Outdoor LED Display Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa Outdoor LED Display Market Outlook from 2017 to 2030, including revenue numbers, major trends, and company profiles.
MEA outdoor led display market statistics, by technology, 2017-2030 (US$M)
