The global LED Billboard Lights market was valued at 32.42 Million USD in 2021 and will grow with a CAGR of 1.52% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

LED Billboard 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. 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.

By Market Verdors:

Osram

Philips

GE Lighting

Acuity Brands

Eaton

Cree

Panasonic

Toshiba

LG

Opple

Hubbell

Nichia

FSL

TCP

Havells

MLS

Lextar

By Types:

Power＜100W

100W-200W

Power＞200W

By Applications:

Column Billboard

Wall Billboard

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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