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Asia Pacific LED Billboard Market Size, Share & Trends Analysis Report By Type (Full Color and Monochrome), By End User (Advertising & Media, Sports & Entertainment, Government and Others), By Application, By Country and Growth Forecast, 2024 - 2031

Published Date : 21-Jun-2024

Pages: 104

Formats: PDF

The Asia Pacific LED Billboard Market would witness market growth of 10.7% CAGR during the forecast period (2024-2031).

The China market dominated the Asia Pacific LED Billboard Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $744.6 million by 2031. The Japan market is experiencing a CAGR of 10% during (2024 - 2031). Additionally, The India market would exhibit a CAGR of 11.4% during (2024 - 2031).

Asia Pacific LED Billboard Market

The market refers to the segment of the outdoor advertising industry that focuses on the development, manufacturing, and deployment of LED (Light-Emitting Diode) display systems for digital billboards and signage. LED billboards are dynamic, high-resolution displays that use LED technology to showcase advertisements, promotional messages, information, and multimedia content to audiences in outdoor environments.

LED billboards are widely used for outdoor advertising campaigns in urban areas, highways, and commercial districts. They are powerful platforms for brands to showcase their products, services, and promotional messages to a captive audience of commuters, pedestrians, and motorists. It allows advertisers to display dynamic content, such as videos, animations, and real-time updates, maximizing engagement and brand visibility.

Advertisers are shifting a bigger share of their advertising spending to digital advertising channels, such as LED billboards and signs, due to the expansion of digital media and online platforms. The expansion of the advertising industry in China fuels growth in the digital out-of-home (DOOH) advertising sector, driving demand for LED billboard installations. The index, which measures the growth of China's advertising sector, increased by 7.36 percent from the previous year to 110.85. Thus, the expansion of the region’s advertising industry is driving the market’s growth.

Free Valuable Insights: The Global LED Billboard Market is Predict to reach USD 7.3 Billion by 2031, at a CAGR of 10.3%

Based on Type, the market is segmented into Full Color and Monochrome. Based on End User, the market is segmented into Advertising & Media, Sports & Entertainment, Government and Others. Based on Application, the market is segmented into Outdoor and Indoor. Based on countries, the market is segmented into China, Japan, India, South Korea, Australia, Malaysia, and Rest of Asia Pacific.

List of Key Companies Profiled

  • Daktronics, Inc.
  • Barco NV
  • Shenzhen Absen Optoelectronic Co Ltd.
  • Unilumin Group Co., Ltd.
  • Lighthouse Worldwide Solutions, Inc.
  • Watchfire (H.I.G. Capital)
  • Liantronics
  • Leyard Optoelectronic Co Ltd.
  • Shanghai Sansi Electronic Engineering Co., Ltd.
  • Ledman Optoelectronic Co.

Asia Pacific LED Billboard Market Report Segmentation

By Type

  • Full Color
  • Monochrome

By End User

  • Advertising & Media
  • Sports & Entertainment
  • Government
  • Others

By Application

  • Outdoor
  • Indoor

By Country

  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Malaysia
  • Rest of Asia Pacific
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific LED Billboard Market, by Type
1.4.2 Asia Pacific LED Billboard Market, by End User
1.4.3 Asia Pacific LED Billboard Market, by Application
1.4.4 Asia Pacific LED Billboard Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis

Chapter 4. Asia Pacific LED Billboard Market by Type
4.1 Asia Pacific Full Color Market by Country
4.2 Asia Pacific Monochrome Market by Country

Chapter 5. Asia Pacific LED Billboard Market by End User
5.1 Asia Pacific Advertising & Media Market by Country
5.2 Asia Pacific Sports & Entertainment Market by Country
5.3 Asia Pacific Government Market by Country
5.4 Asia Pacific Others Market by Country

Chapter 6. Asia Pacific LED Billboard Market by Application
6.1 Asia Pacific Outdoor Market by Country
6.2 Asia Pacific Indoor Market by Country

Chapter 7. Asia Pacific LED Billboard Market by Country
7.1 China LED Billboard Market
7.1.1 China LED Billboard Market by Type
7.1.2 China LED Billboard Market by End User
7.1.3 China LED Billboard Market by Application
7.2 Japan LED Billboard Market
7.2.1 Japan LED Billboard Market by Type
7.2.2 Japan LED Billboard Market by End User
7.2.3 Japan LED Billboard Market by Application
7.3 India LED Billboard Market
7.3.1 India LED Billboard Market by Type
7.3.2 India LED Billboard Market by End User
7.3.3 India LED Billboard Market by Application
7.4 South Korea LED Billboard Market
7.4.1 South Korea LED Billboard Market by Type
7.4.2 South Korea LED Billboard Market by End User
7.4.3 South Korea LED Billboard Market by Application
7.5 Australia LED Billboard Market
7.5.1 Australia LED Billboard Market by Type
7.5.2 Australia LED Billboard Market by End User
7.5.3 Australia LED Billboard Market by Application
7.6 Malaysia LED Billboard Market
7.6.1 Malaysia LED Billboard Market by Type
7.6.2 Malaysia LED Billboard Market by End User
7.6.3 Malaysia LED Billboard Market by Application
7.7 Rest of Asia Pacific LED Billboard Market
7.7.1 Rest of Asia Pacific LED Billboard Market by Type
7.7.2 Rest of Asia Pacific LED Billboard Market by End User
7.7.3 Rest of Asia Pacific LED Billboard Market by Application

Chapter 8. Company Profiles
8.1 Daktronics, Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Recent strategies and developments:
8.1.4.1 Partnerships, Collaborations, and Agreements:
8.1.5 SWOT Analysis
8.2 Barco NV
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expenses
8.2.5 SWOT Analysis
8.3 Shenzhen Absen Optoelectronic Co Ltd.
8.3.1 Company Overview
8.3.2 SWOT Analysis
8.4 Unilumin Group Co., Ltd.
8.4.1 Company Overview
8.4.2 SWOT Analysis
8.5 Lighthouse Worldwide Solutions, Inc.
8.5.1 Company Overview
8.5.2 SWOT Analysis
8.6 Watchfire Signs, LLC (H.I.G. Capital)
8.6.1 Company Overview
8.6.2 SWOT Analysis
8.7 Liantronics
8.7.1 Company Overview
8.7.2 SWOT Analysis
8.8 Leyard Optoelectronic Co Ltd
8.8.1 Company Overview
8.8.2 SWOT Analysis
8.9 Shanghai Sansi Electronic Engineering Co., Ltd.
8.9.1 Company Overview
8.9.2 SWOT Analysis
8.10. Ledman Optoelectronic Co.
8.10.1 Company Overview
TABLE 1 Asia Pacific LED Billboard Market, 2020 - 2023, USD Million
TABLE 2 Asia Pacific LED Billboard Market, 2024 - 2031, USD Million
TABLE 3 Asia Pacific LED Billboard Market by Type, 2020 - 2023, USD Million
TABLE 4 Asia Pacific LED Billboard Market by Type, 2024 - 2031, USD Million
TABLE 5 Asia Pacific Full Color Market by Country, 2020 - 2023, USD Million
TABLE 6 Asia Pacific Full Color Market by Country, 2024 - 2031, USD Million
TABLE 7 Asia Pacific Monochrome Market by Country, 2020 - 2023, USD Million
TABLE 8 Asia Pacific Monochrome Market by Country, 2024 - 2031, USD Million
TABLE 9 Asia Pacific LED Billboard Market by End User, 2020 - 2023, USD Million
TABLE 10 Asia Pacific LED Billboard Market by End User, 2024 - 2031, USD Million
TABLE 11 Asia Pacific Advertising & Media Market by Country, 2020 - 2023, USD Million
TABLE 12 Asia Pacific Advertising & Media Market by Country, 2024 - 2031, USD Million
TABLE 13 Asia Pacific Sports & Entertainment Market by Country, 2020 - 2023, USD Million
TABLE 14 Asia Pacific Sports & Entertainment Market by Country, 2024 - 2031, USD Million
TABLE 15 Asia Pacific Government Market by Country, 2020 - 2023, USD Million
TABLE 16 Asia Pacific Government Market by Country, 2024 - 2031, USD Million
TABLE 17 Asia Pacific Others Market by Country, 2020 - 2023, USD Million
TABLE 18 Asia Pacific Others Market by Country, 2024 - 2031, USD Million
TABLE 19 Asia Pacific LED Billboard Market by Application, 2020 - 2023, USD Million
TABLE 20 Asia Pacific LED Billboard Market by Application, 2024 - 2031, USD Million
TABLE 21 Asia Pacific Outdoor Market by Country, 2020 - 2023, USD Million
TABLE 22 Asia Pacific Outdoor Market by Country, 2024 - 2031, USD Million
TABLE 23 Asia Pacific Indoor Market by Country, 2020 - 2023, USD Million
TABLE 24 Asia Pacific Indoor Market by Country, 2024 - 2031, USD Million
TABLE 25 Asia Pacific LED Billboard Market by Country, 2020 - 2023, USD Million
TABLE 26 Asia Pacific LED Billboard Market by Country, 2024 - 2031, USD Million
TABLE 27 China LED Billboard Market, 2020 - 2023, USD Million
TABLE 28 China LED Billboard Market, 2024 - 2031, USD Million
TABLE 29 China LED Billboard Market by Type, 2020 - 2023, USD Million
TABLE 30 China LED Billboard Market by Type, 2024 - 2031, USD Million
TABLE 31 China LED Billboard Market by End User, 2020 - 2023, USD Million
TABLE 32 China LED Billboard Market by End User, 2024 - 2031, USD Million
TABLE 33 China LED Billboard Market by Application, 2020 - 2023, USD Million
TABLE 34 China LED Billboard Market by Application, 2024 - 2031, USD Million
TABLE 35 Japan LED Billboard Market, 2020 - 2023, USD Million
TABLE 36 Japan LED Billboard Market, 2024 - 2031, USD Million
TABLE 37 Japan LED Billboard Market by Type, 2020 - 2023, USD Million
TABLE 38 Japan LED Billboard Market by Type, 2024 - 2031, USD Million
TABLE 39 Japan LED Billboard Market by End User, 2020 - 2023, USD Million
TABLE 40 Japan LED Billboard Market by End User, 2024 - 2031, USD Million
TABLE 41 Japan LED Billboard Market by Application, 2020 - 2023, USD Million
TABLE 42 Japan LED Billboard Market by Application, 2024 - 2031, USD Million
TABLE 43 India LED Billboard Market, 2020 - 2023, USD Million
TABLE 44 India LED Billboard Market, 2024 - 2031, USD Million
TABLE 45 India LED Billboard Market by Type, 2020 - 2023, USD Million
TABLE 46 India LED Billboard Market by Type, 2024 - 2031, USD Million
TABLE 47 India LED Billboard Market by End User, 2020 - 2023, USD Million
TABLE 48 India LED Billboard Market by End User, 2024 - 2031, USD Million
TABLE 49 India LED Billboard Market by Application, 2020 - 2023, USD Million
TABLE 50 India LED Billboard Market by Application, 2024 - 2031, USD Million
TABLE 51 South Korea LED Billboard Market, 2020 - 2023, USD Million
TABLE 52 South Korea LED Billboard Market, 2024 - 2031, USD Million
TABLE 53 South Korea LED Billboard Market by Type, 2020 - 2023, USD Million
TABLE 54 South Korea LED Billboard Market by Type, 2024 - 2031, USD Million
TABLE 55 South Korea LED Billboard Market by End User, 2020 - 2023, USD Million
TABLE 56 South Korea LED Billboard Market by End User, 2024 - 2031, USD Million
TABLE 57 South Korea LED Billboard Market by Application, 2020 - 2023, USD Million
TABLE 58 South Korea LED Billboard Market by Application, 2024 - 2031, USD Million
TABLE 59 Australia LED Billboard Market, 2020 - 2023, USD Million
TABLE 60 Australia LED Billboard Market, 2024 - 2031, USD Million
TABLE 61 Australia LED Billboard Market by Type, 2020 - 2023, USD Million
TABLE 62 Australia LED Billboard Market by Type, 2024 - 2031, USD Million
TABLE 63 Australia LED Billboard Market by End User, 2020 - 2023, USD Million
TABLE 64 Australia LED Billboard Market by End User, 2024 - 2031, USD Million
TABLE 65 Australia LED Billboard Market by Application, 2020 - 2023, USD Million
TABLE 66 Australia LED Billboard Market by Application, 2024 - 2031, USD Million
TABLE 67 Malaysia LED Billboard Market, 2020 - 2023, USD Million
TABLE 68 Malaysia LED Billboard Market, 2024 - 2031, USD Million
TABLE 69 Malaysia LED Billboard Market by Type, 2020 - 2023, USD Million
TABLE 70 Malaysia LED Billboard Market by Type, 2024 - 2031, USD Million
TABLE 71 Malaysia LED Billboard Market by End User, 2020 - 2023, USD Million
TABLE 72 Malaysia LED Billboard Market by End User, 2024 - 2031, USD Million
TABLE 73 Malaysia LED Billboard Market by Application, 2020 - 2023, USD Million
TABLE 74 Malaysia LED Billboard Market by Application, 2024 - 2031, USD Million
TABLE 75 Rest of Asia Pacific LED Billboard Market, 2020 - 2023, USD Million
TABLE 76 Rest of Asia Pacific LED Billboard Market, 2024 - 2031, USD Million
TABLE 77 Rest of Asia Pacific LED Billboard Market by Type, 2020 - 2023, USD Million
TABLE 78 Rest of Asia Pacific LED Billboard Market by Type, 2024 - 2031, USD Million
TABLE 79 Rest of Asia Pacific LED Billboard Market by End User, 2020 - 2023, USD Million
TABLE 80 Rest of Asia Pacific LED Billboard Market by End User, 2024 - 2031, USD Million
TABLE 81 Rest of Asia Pacific LED Billboard Market by Application, 2020 - 2023, USD Million
TABLE 82 Rest of Asia Pacific LED Billboard Market by Application, 2024 - 2031, USD Million
TABLE 83 Key Information – Daktronics, Inc.
TABLE 84 Key Information – Barco NV
TABLE 85 Key Information – Shenzhen Absen Optoelectronic Co Ltd.
TABLE 86 Key Information – Unilumin Group Co., Ltd.
TABLE 87 Key Information – Lighthouse Worldwide Solutions, Inc.
TABLE 88 Key Information – Watchfire Signs, LLC
TABLE 89 Key Information – Liantronics
TABLE 90 Key Information – Leyard Optoelectronic Co Ltd.
TABLE 91 Key Information – Shanghai Sansi Electronic Engineering Co., Ltd.
TABLE 92 Key Information – Ledman Optoelectronic Co.

List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific LED Billboard Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting LED Billboard Market
FIG 4 Porter’s Five Forces Analysis – LED Billboard Market
FIG 5 Asia Pacific LED Billboard Market share by Type, 2023
FIG 6 Asia Pacific LED Billboard Market share by Type, 2031
FIG 7 Asia Pacific LED Billboard Market by Type, 2020 - 2031, USD Million
FIG 8 Asia Pacific LED Billboard Market share by End User, 2023
FIG 9 Asia Pacific LED Billboard Market share by End User, 2031
FIG 10 Asia Pacific LED Billboard Market by End User, 2020 - 2031, USD Million
FIG 11 Asia Pacific LED Billboard Market share by Application, 2023
FIG 12 Asia Pacific LED Billboard Market share by Application, 2031
FIG 13 Asia Pacific LED Billboard Market by Application, 2020 - 2031, USD Million
FIG 14 Asia Pacific LED Billboard Market share by Country, 2023
FIG 15 Asia Pacific LED Billboard Market share by Country, 2031
FIG 16 Asia Pacific LED Billboard Market by Country, 2020 - 2031, USD Million
FIG 17 SWOT Analysis: Daktronics, Inc
FIG 18 SWOT Analysis: Barco NV
FIG 19 SWOT Analysis: Shenzhen Absen Optoelectronic Co., Ltd.
FIG 20 SWOT Analysis: Unilumin Group Co., Ltd.
FIG 21 SWOT Analysis: Lighthouse Worldwide Solutions, Inc
FIG 22 SWOT Analysis: Watchfire Signs, LLC.
FIG 23 SWOT Analysis: Liantronics
FIG 24 SWOT Analysis: Leyard Optoelectronic Co Ltd.
FIG 25 SWOT Analysis: Shanghai Sansi Electronic Engineering Co., Ltd.

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