LED Stadium Screens Market, By Color (Monochrome, Tri-color, Full-color), By Technology (Individually-Mounted, Surface-Mounted), By Type (LED Ribbon Displays, LED Video Screens, Scoreboards and Timing Screens, Perimeter LED Screens), By Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2021 - 2028

Published In : Oct 2021

Code : CMI4695

Pages :170

Formats :

Excel and PDF

Industry : Consumer Electronics

Led Stadium Screens MarketSize and Trends

The global LED stadium screens market is estimated to be valued at US$ 1,808.7 million in 2021 and is expected to exhibit a CAGR of 6.6 % over the forecast period (2021-2028).

Figure 1. Global LED Stadium Screens Market Value (US$ Mn), by Region, 2020

Market Trends:

Emergence of SMD screens is a key trend

Currently, most indoor stadiums and arenas use LED screens built with SMD technology. An SMD pixel consists of red, green, and blue diodes mounted in a single package (SMD 3-in-1), which is then mounted on the driver PC board. Moreover, SMD LEDs come with smaller sizes, lower power consumption, long life spans, and high brightness. SMD screens are widely adopted for stadium screens as the use of new polyphthalamide and silica gel materials in the manufacturing process make these screens waterproof, dustproof, and moisture-proof. Consequently, they are used in making perimeter displays as they come in direct contact with dust, water, and atmospheric moisture. Moreover, SMD LED displays are also UV resistant.

Discreet screens is another key trend

Discreet LED screens, also known as individually mounted LED displays, are a widely used LED display technology for outdoor stadiums. These displays utilize a group of red, blue, and green diodes that are driven together to form full-color pixels and are usually square in shape. The absolute pixel pitch of these LED displays is measured from center to center of the LEDs used in these displays. The rise in demand for large screens with high viewing distance encourages retailers and commercial buildings to opt for discreet LED displays.

Figure 2. Global LED Stadium Screens Market Share, By Color, 2020

Key Takeaways of the Graph:

Among Color segment, the full-color sub-segment held dominant position in the market and accounted for 86.1% share in the global LED stadium screens market in 2020. The segment is expected to reach US$ 2,471.5 million in 2028.
Full-color segment holds a dominant position owing to consumer preference for full-color screen instead of monochrome or tri-color
Among type Segment, the LED Video Screens Sub-segment held dominant position in the market and accounted for 78% share in the global LED stadium screens market in 2020. The segment is expected to reach US$ 2,031.8 million in 2028.
This is the owing to the requirement of video screen in large quantity in a stadium as compared to other types of screens.