India Outdoor LED Display Market to Witness 16% CAGR until 2025
Rapid Surge in Billboards to drive India outdoor LED display
market
According to
TechSci Research report, “India Outdoor LED Display
Market By Pixel Pitch, By Screen Size, By Mode of Sales, By
Application, By Region, Competition, Forecast & Opportunities, 2025”, India outdoor LED display market is projected to grow at a
CAGR of more than 16% during 2020-2025 owing to its growing application in billboards,
video walls, etc., across the country. However, higher investment cost for the
installation of outdoor LED display can restrict the growth of market during
forecast period. Additionally, an increasing adoption of online advertising
channels by various brands also poses a challenged for the market players. Environmental
friendliness coupled with high durability, impact resistance and energy
efficiency are anticipated to propel the growth of India outdoor LED display
market in the coming years.
Browse 28 market data Figures spread through 70 Pages and an in-depth TOC on "India
Outdoor LED Display Market"
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India outdoor LED display market is segmented based on
Pixel Pitch, Screen Size, Mode of Sales, Application, and Regional Distribution.
Based on Pixel Pitch, the market can be categorized into P5.1-P7.0, P7.1-P10.0
and Above P10.0. Among these segments, P5.1-P7.0 segment had the largest market
share in 2019 attributable to its technological advancements and better picture
quality. Based on Screen Size, the market can be fragmented into Below 100inch,
100-150 inch and Above 150 inch. In 2019, the Above 150-inch segment of outdoor
LED display dominated the market and the segment is anticipated to continue its
dominance over the next five years, primarily due to higher readability. Based
on Mode of Sales, the market is bifurcated into online and offline, with the
offline segment grabbing majority of the market share. Based on Application,
the market can be segmented into Billboards, Video
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Walls, Perimeter LED Boards, LED Matrix Board, Traffic
Lights and Others. The Billboards segment accounted for the largest market
share in 2019 due to the growing popularity and adoption of sports, which is
leading to an increase in the construction of new stadiums across the country.
In 2019, the country’s South region grabbed the largest market share, followed
by West, North and East regions. Delta Electronics Pvt Ltd, Christie Digital Systems (India)
Private Limited, Barco Electronics Systems Private Limited, Leyard Hong Kong
International Co. Ltd, AOTO Electronics, Samsung India Electronics Private
Limited, LG Electronics India Limited, and Panasonic India Pvt. Ltd. are few of
the leading players operating in India outdoor LED display market. “India outdoor LED
display market is projected to witness a robust growth during the forecast
period owing to continuing growth in sports, entertainment, textile,
automobile, FMCG, and food & beverages sectors in the country.” said Mr.
Karan Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
“India Outdoor LED Display Market By Pixel
Pitch, By Screen Size, By Mode of Sales, By Application, By Region,
Competition, Forecast & Opportunities, 2025” has evaluated
the future growth potential of India outdoor LED display market and provides
statistics & information on market size, structure and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers, challenges,
and opportunities in India outdoor LED display market.
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