The LED Billboard Lights market was valued at 320 Million US$ in 2017 and is projected to reach 360 Million US$ by 2025, at a CAGR of 1.5% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for LED Billboard Lights.
Global LED Billboard Market Scenario
LED Billboard Lights Light offers a unique modular family of solid state LED lighting products that can replace your existing metal halide or high pressure sodium traditional lighting sources with long lasting energy saving LED based billboard luminaire.
At present, in the foreign industrial developed countries the LED Billboard Lights industry is generally at a more advanced level, the world's large enterprises are mainly concentrated in Asia.
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Market Top Player’s
Osram,Philips,GE Lighting, Acuity, Brands, Eaton, Cree, Panasonic, Toshiba, LG, Opple, Hubbell, Nichia, FSL, TCP,Havells,MLS,Lextar
Despite the presence of competition problems, due to the clear global recovery trend, investors are still optimistic about this area and in future still more new investment will enter into the field. Technology and cost are two major problems.
Although sales of LED Billboard Lights brought a lot of opportunities, for the new entrants with only advantage in capital without sufficient support in technology and downstream channels, the research group did not recommend taking risk to enter this market.
The study objectives are:
• To analyze and research the global LED Billboard Lights status and future forecast involving, production, revenue, consumption, historical and forecast.
• To present the key LED Billboard Lights manufacturers, production, revenue, market share, and recent development.
• To split the breakdown data by regions, type, manufacturers and applications.
• To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
• To identify significant trends, drivers, influence factors in global and regions.
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
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Market Segments
LED Billboard Lights Breakdown Data by Application
• Column Billboard
• Wall Billboard
• Others
Market segment by Regions/Countries, this report covers
• United States
• Europe
• China
• Japan
• Southeast Asia
• India
• Central & South America
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