LED Stadium Screens Market Size and Forecast To 2024


Recent report published by Research Nester titled “LED Stadium Screens Market: Global Demand
Analysis & Opportunity Outlook 2024″ delivers detailed overview of the global LED stadium screens
market in terms of market segmentation by technology, by color display, by products and by region.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints,
supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.The
global LED stadium screens market is segmented into product type such as LED ribbon displays,
LED video walls, scoreboard screens, and perimeter LED displays. Among these segments,
scoreboard screens segment is expected to expand at considerable pace during the forecast period.
Rising demand for multi-functional scoring display in stadiums is a major factor which is believed to
drive the growth of this segment.
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The Global LED stadium screens market is expected to register a 6.9% CAGR over the forecast
period. Moreover, the global LED stadium screens market was valued at USD 1.22 Billion in 2016
and is expected to reach at notable revenue of 2.0 Billion by the end of forecast period. Additionally,
live events and national & international sport tournaments are major factors which are estimated to
propel the demand for LED stadium screens during the forecast period.The full-color LED screens
segment by color display is likely to grow at remarkable pace during the forecast period. The stadium
owners are looking forward to install interactive color displays and to offer high visibility and comfort
to the viewers in the stadiums. Further, high definition, bright color, zero reflection, wide visible angle,
low power consumption and long service life are the advantages of full-color LED screens which are
fueling the growth of this segment.
Rising sport activitiesHuge popularity of sport events such FIFA, NBA and others and high
investment by organizers to provide better game experience to the viewers in stadium is escalating
the demand for small to very large LED screens in Stadiums. Further, increasing number of sport fans
across the world and their inclination towards sport stadiums are envisioned to bolster the growth of
global LED stadium screens market over the forecast period.
Increasing number of stadiums
Continuous emergence of new stadiums coupled with growing modification in existing stadiums is
fueling the demand for LED stadium screens and other required technologies. Further, increasing
stadium capacities is also a considerable factor which is increasing the demand for extra screens
which in turn anticipated fostering the growth of LED stadium screens market. Although, high
installation cost of LED stadium screens is a major restraint to the growth of global market.
Additionally, growing preference for watching sports through smartphones, computers and other
media streaming devices is also a major factor which is turning a part of population away from the
stadiums which is likely to restrain the growth of LED stadium screens market in near future.This
report also provides the existing competitive scenario of some of the key players of the global LED
stadium screens market which includes company profiling: Mitsubishi Electric, NEC Display Solutions,
Panasonic Corporation, Toshiba Corporation, Shenzhen Dicolor OPtoelectronics Co.,Ltd, Barco
NV, Daktronics Dr., Electronic Displays Inc.
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The profiling enfolds key information of the companies which encompasses business overview,
products and services, key financials and recent news and developments. On the whole, the report
depicts detailed overview of the global LED stadium screens market that will help industry
consultants, equipment manufacturers, existing players searching for expansion opportunities, new
players searching possibilities and other stakeholders to align their market centric strategies
according to the ongoing and expected trends in the future.Research Nester is a one-stop service
provider, leading in strategic market research and consulting with an unbiased and unparalleled
approach towards helping global industrial players, conglomerates and executives to make wise
decisions for their future investment and expansion by providing them qualitative market insights and
strategies while avoiding future uncertainties. We believe in honesty and sheer hard work that we
trust is reflected in our work ethics. Our vision is not just limited to gain the trust of our clients but also
to be equally respected by our employees and being appreciated by the competitors.
For more information, please contact:
AJ Daniel
Research Nester
Email: info@researchnester.com
Tel: +1-6465869123

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