Mexico - Latin America Outdoor Led Display Market Size & Outlook
- Semiconductors, Electronics & Components
- Display Technology & Optoelectronics
- Outdoor LED Display Market Outlook
- Display Technology & Optoelectronics
Mexico - Latin America Outdoor Led Display Market, 2017-2030 (US$M)
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Mexico outdoor led display market highlights
- The Mexico outdoor led display market generated a revenue of USD 153.5 million in 2023 and is expected to reach USD 372.5 million by 2030.
- The Mexico market is expected to grow at a CAGR of 13.5% 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 153.5 million |
| Market revenue in 2030 | USD 372.5 million |
| Growth rate | 13.5% (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, Mexico accounted for 1.8% 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 Latin America, Mexico outdoor led display market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 312.5 million by 2030.
Outdoor LED displays are becoming increasingly popular in Mexico as a tool for advertising and visibility. As technology continues to evolve, LED displays are likely to become more common in Mexico and play an increasingly important role in the improvement of the cities’ visual appearance.
In recent years, advances in LED display technology have made displays more affordable and accessible, and many suppliers now offer modular designs that simplify installation and maintenance.
This has boosted the growth of the Mexican market. Advertising billboards are a type of outdoor LED displays that are widely used in Mexico, typically in high-traffic areas such as street corners, shopping malls, and public squares, to promote a variety of products and services.
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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 | - | - | - |
Mexico - Latin America 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 57.98% in 2023.
Horizon Databook has segmented the Mexico - Latin America outdoor led display market based on individually mounted, surface mounted covering the revenue growth of each sub-segment from 2017 to 2030.
Outdoor LED displays are becoming increasingly popular in Mexico as a tool for advertising and visibility. As technology continues to evolve, LED displays are likely to become more common in Mexico and play an increasingly important role in the improvement of the cities’ visual appearance.
In recent years, advances in LED display technology have made displays more affordable and accessible, and many suppliers now offer modular designs that simplify installation and maintenance.
This has boosted the growth of the Mexican market. Advertising billboards are a type of outdoor LED displays that are widely used in Mexico, typically in high-traffic areas such as street corners, shopping malls, and public squares, to promote a variety of products and services.
- Mexico - Latin America Outdoor Led Display Market Technology Outlook (Revenue, USD Million , 2017-2030)
- Individually Mounted
- Surface Mounted
- Mexico - Latin America Outdoor Led Display Market Color Display Outlook (Revenue, USD Million , 2017-2030)
- Monochrome Display
- Tri-Color Display
- Full Color Display
- Mexico - Latin America 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 country-level data and insights on the Mexico - Latin America Outdoor LED Display Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Mexico - Latin America Outdoor LED Display Market Outlook from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Mexico - Latin America Outdoor Led Display Market, 2017-2030 (US$M)
Mexico outdoor led display market statistics, by technology, 2017-2030 (US$M)
