Global LED Stadium Screens Market was valued US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2026, at a CAGR of around XX % during a forecast period.

The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.




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Global LED Stadium Screens Market Dynamics:

Growing demand for multi-functional scoring display in stadiums is a major factor which is believed to drive the growth of this segment. Moreover, live events and national & international sport tournaments are major factors which are projected to boost the demand for LED stadium screens throughout the forecast period. In addition to that increasing number of sports fans across the world and their preference towards stadiums is projected to bolster the growth of global LED stadium screens market over the forecast period.

Nevertheless, high installation cost of LED stadium screens is the major challenge in front of LED stadium screen manufacturers. This factor is projected to reduce the growth of global LED stadium screen market.

In 2019, individually mounted LED display segment accounted for the biggest revenue share of about 60% of the overall LED stadium screens market, globally. Though, surface mounted LED display segment is projected to grow at fastest rate in terms of revenue in LED stadium screens market throughout the forecast period.

Geographically, Europe is the leading market for LED stadium screens globally and it is anticipated to maintain its dominant position during the forecast period. In 2019, Europe accounted for about 35% of the overall LED stadium screens market. However, Asia Pacific is estimated to witness fastest growth throughout the forecast period.