How Big is the LED Signage Market | Growth, Size & Analysis 2031

Code: MTA7624 Publication Date: Aug 2025

What is the size of LED Signage Market?

 

According to 6Wresearch internal database and industry insights, the LED Signage Market was estimated at USD 15 billion in 2024 and is projected to reach USD 29 billion by 2031, expanding at a CAGR of 11.5% during the forecast period 2025-2031.

 

There are numbers of factors which are helping to expand the landscape of LED Signage Market include the escalating consumer engagement strategies in retail, the rise of outdoor digital advertising, and widespread digital transformation across urban infrastructure.

Key Growth Drivers of the LED Signage Market

  • Expanding use of digital signage across retail, hospitality, transportation, and corporate sectors
  • High-brightness visual display appeal in outdoor and large-format advertising
  • Falling LED costs and energy-efficient benefits over traditional advertising media
  • Rapid expansion of smart city deployments and public infrastructure with digital messaging boards
  • Improved content personalization enabled by dynamic display technologies

LED Signage Market Trends

LED signage market is undergoing for major transformation with immersive, interactive displays that leverage IoT connectivity and real-time updates. Other trends such as fine-pitch LED signage with high resolution is increasingly adopted indoors in malls and corporate lobbies. On the other hand, outdoor environments, rugged and weather-resistant formats dominate. Market has noticed the growing interest in virtual façade lighting and artistic LED installations in architectural landmarks and event venues, merging advertising with aesthetics.

Emerging Developments in the LED Signage Market

LED signage market is evolving throughout the years with transparent LED displays integrated within glass facades and windows for promotional uses. AI-driven scheduling and content adaptation based on audience movement are being deployed. Moreover, low-power solar-powered signage is emerging for remote or off-grid applications. This market has introduced the modular kits for rapid installation, removable panels for maintenance, and sustainable signage design.

List of Leading Companies in the LED Signage Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1. Samsung Electronics Co., Ltd.

Company NameSamsung Electronics Co., Ltd.
Established Year1969
HeadquartersSuwon, South Korea
Official WebsiteClick Here

This company offers LED signage solutions across indoor and outdoor environments with premium UHD displays. Its Smart LED technology powers retail and stadium advertising across the globe.

2. LG Electronics Inc.

Company NameLG Electronics Inc.
Established Year1958
HeadquartersSeoul, South Korea
Official WebsiteClick Here

This company delivers cutting-edge LED signage with flexible, transparent, and curved screen options. Widely used in corporate, retail, and transportation segments.

3. Leyard Optoelectronic Co., Ltd.

Company NameLeyard Optoelectronic Co., Ltd.
Established Year1995
HeadquartersBeijing, China
Official WebsiteClick Here

This company specializes in high-resolution LED video walls and outdoor digital billboards. Operates globally with a strong presence in entertainment and public installations.

4. Daktronics, Inc.

Company NameDaktronics, Inc.
Established Year1968
HeadquartersBrookings, South Dakota, United States
Official WebsiteClick Here

This company is known for large-scale LED displays in stadiums, arenas, and transit hubs. Offers robust digital signage with high visibility in outdoor conditions.

5. Unilumin Group Co., Ltd.

Company NameUnilumin Group Co., Ltd.
Established Year2004
HeadquartersShenzhen, China
Official WebsiteClick Here

This company provides full-colour LED display systems for both fixed and rental applications. Supports broadcast, events, retail, and government projects.

6. Absen Inc.

Company NameAbsen Inc.
Established Year2001
HeadquartersShenzhen, China
Official WebsiteClick Here

This company manufactures indoor and outdoor LED displays with fine-pixel pitch technology. Known for lightweight panels and global presence in over 120 countries.

7. Barco NV

Company NameBarco NV
Established Year1934
HeadquartersKortrijk, Belgium
Official WebsiteClick Here

This company offers high-end visualization solutions including LED signage and video walls. Focuses on healthcare, control rooms, and corporate communications.

8. NEC Display Solutions

Company NameNEC Display Solutions
Established Year2000
HeadquartersTokyo, Japan
Official WebsiteClick Here

This company provides digital display systems including LED signage for retail and business applications, known for its durability, colour accuracy, and low power consumption.

How Big is the LED Signage Market : FAQs

The LED signage market was estimated at USD 15 billion in 2024 and is projected to reach USD 29 billion by 2031.
Growth factors include demand for dynamic visual advertising, smart city infrastructure, and energy-efficient digital media.
Retail, transportation, hospitality, corporate environments, and entertainment venues are leading adopters.
Key companies include Samsung, LG, Leyard, Daktronics, Unilumin, Absen, Barco, and NEC.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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