Product Code: CMI6156
The global LED rental market size was valued at US$ 19.00 billion in 2023 and is expected to reach US$ 80.94 billion by 2030, grow at a compound annual growth rate (CAGR) of 23% from 2023 to 2030.
Report Coverage |
Report Details |
Base Year: |
2022 |
Market Size in 2023: |
US$ 19.00 Bn |
Historical Data for: |
2018 to 2021 |
Forecast Period: |
2023 - 2030 |
Forecast Period 2023 to 2030 CAGR: |
23.00% |
2030 Value Projection: |
US$ 80.94 Bn |
Figure 1. Global LED Rental Market Share (%), By Region
The global LED rental market has seen significant growth in the recent years owing to increasing demand for energy-efficient and cost-effective lighting solutions across various industries. LED rental services provide an economical alternative to buying expensive LED lighting systems. Adoption of LED has been growing rapidly as it has several advantages over traditional lighting including a longer lifespan, lower power consumption, compact size, and cooler operation. The events and entertainment industry has been a major driving factor for the LED rental market with an increasing number of concerts, exhibitions, and outdoor activities demanding versatile LED lighting systems.
Market Dynamics:
The global LED rental market is driven by factors such as the rising adoption of energy-efficient lighting in various applications, the need for temporary and flexible lighting during events, and initiatives to promote sustainable development. However, the high initial cost of LED lights poses a challenge for market growth. Technologies such as wireless controls and the lights-as-a-service model are creating new opportunities. Moreover, growing smart city projects, expanding construction sector, and increasing focus on urban design are helping market expansion.
Key features of the study:
- This report provides in-depth analysis of the global LED rental market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023-2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global LED rental market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Barco, Absen, Lighthouse Technologies, ROE Visual, Unilumin, PixelFLEX, LianTronics, Daktronics, NEC Display Solutions, Sony Corporation, Christie Digital Systems, Planar Systems, Yestech Optoelectronic, Galaxy LED Display, Mitsubishi Electric Corporation
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global LED rental market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global LED rental market
Detailed Segmentation:
- LED Rental Market Segmentation, By Display Type:
- Indoor LED Displays
- Outdoor LED Displays
- LED Rental Market Segmentation, By Pixel Pitch:
- Fine-Pitch LED Displays
- Standard-Pitch LED Displays
- LED Rental Market Segmentation, By Industry:
- Entertainment
- Advertising and Marketing
- Corporate
- Retail
- Sports
- Education
- Healthcare
- Hospitality
- Others
- LED Rental Market Segmentation, By Screen Size:
- Small Displays (Up to 50 inches)
- Medium Displays (51 to 100 inches)
- Large Displays (Above 100 inches)
- LED Rental Market Segmentation, By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Company Profile:
- Barco
- Absen
- Lighthouse Technologies
- ROE Visual
- Unilumin
- PixelFLEX
- LianTronics
- Daktronics
- NEC Display Solutions
- Sony Corporation
- Christie Digital Systems
- Planar Systems
- Yestech Optoelectronic
- Galaxy LED Display
- Mitsubishi Electric Corporation
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market LED Rental, By Display Type
- Market LED Rental, By Pixel Pitch
- Market LED Rental, By Industry
- Market LED Rental, By Screen Size
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Data security concerns
- Complex implementation process
- Rising e-commerce and online banking
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product launch/Approvals
- PEST Analysis
- PORTER's Analysis
- Merger and Acquisition Scenario
4. LED Rental Market - Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
5. LED Rental Market , By Display Type, 2017-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
- Indoor LED Displays
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
- Outdoor LED Displays
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
6. LED Rental Market , By Pixel Pitch, 2017-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
- Fine-Pitch LED Displays
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
- Standard-Pitch LED Displays
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
7. LED Rental Market , By Industry, 2017-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
- Entertainment
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
- Advertising and Marketing
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
- Corporate
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
- Retail
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
- Sports
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
- Education
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
- Healthcare
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
- Hospitality
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
8. LED Rental Market , By Screen Size, 2017-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
- Small Displays (Up to 50 inches)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
- Medium Displays (51 to 100 inches)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
- Large Displays (Above 100 inches)
-
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
9. LED Rental Market , By Region, 2017-2030, (US$ Bn)
- Introduction
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Country 2018 -2030
- Country Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Display Type, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Pixel Pitch, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Industry, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Screen Size, 2017-2030,(US$ Bn)
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Display Type, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Pixel Pitch, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Industry, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Screen Size, 2017-2030,(US$ Bn
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Display Type, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Pixel Pitch, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Industry, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Screen Size, 2017-2030,(US$ Bn
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Display Type, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Pixel Pitch, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Industry, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Screen Size, 2017-2030,(US$ Bn
- Middle & East Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Display Type, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Pixel Pitch, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Industry, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Screen Size, 2017-2030,(US$ Bn)
10. Competitive Landscape
- Barco
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Absen
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Lighthouse Technologies
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- ROE Visual
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Unilumin
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- PixelFLEX
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- LianTronics
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Daktronics
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- NEC Display Solutions
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Sony Corporation
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Christie Digital Systems
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Planar Systems
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Yestech Optoelectronic
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Galaxy LED Display
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Mitsubishi Electric Corporation
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Analyst Views
11. Section
- Research Methodology
- About us