Summary

Mexico has a vibrant sports and entertainment industry, which presents significant opportunities for outdoor display manufacturers. Stadium scoreboards, digital signs, and concert displays are a few examples of outdoor displays that are frequently used. The demand for digital signage in Mexico is increasing rapidly as businesses and organisations look for new ways to engage customers and communicate messages. This presents a significant opportunity for outdoor display manufacturers. In Mexico, energy efficiency is becoming more important to outdoor display producers as environmental concerns escalate. This entails the creation of LEDs and control systems that consume less energy, as well as the utilisation of renewable energy sources to power displays. As compared to more conventional display technologies, LED technology offers higher image quality and energy economy, which is why outdoor displays are becoming more and more popular. This trend is anticipated to persist as LED technology develops and becomes more affordable.

According to the research report "Mexico Outdoor LED Display Market Overview, 2028," published by Bonafide Research, the Mexico Outdoor LED Display market is projected to reach a market size of above USD 257 Million by 2028. Businesses and organisations are seeking ways to lower their carbon footprint and become more sustainable as environmental concerns continue to grow. For businesses and organisations that care about the environment, LED outdoor displays are a desirable alternative to conventional display technologies since they are sustainable and energy-efficient. Based on the Mounted Technology segments, these include the Surface-Mounted Outdoor LED Display and Individually Mounted Outdoor LED Displays. In Mexico, the surface-mounted outdoor LED display is dominating. In the future, the individual-mounted outdoor LED display will grow at the highest CAGR rate. The retail sector is a significant user of individual-mounted outdoor LED displays in Mexico. As the retail sector continues to grow, the demand for individual-mounted outdoor LED displays is also expected to increase. Recent advancements in LED technology have increased its flexibility, cost-effectiveness, and energy efficiency. As a result, businesses and organisations can now produce eye-catching displays that are more energy-efficient and cost-effective than conventional display technologies, which has increased the appeal of individual mounted outdoor LED displays. Based on colour display segments, these include the full-colour display, tri-colour display, and monochrome display. In Mexico, the full-colour display is the leader in the market, and in the future, it will grow at the highest CAGR rate. Full-colour displays with high resolution and pixel density are becoming increasingly popular in Mexico. These displays offer a more vivid and immersive viewing experience for consumers and are being used in various applications such as digital signage, advertising, and entertainment.

The Mexican government has launched several initiatives to support the adoption of energy-efficient technologies, including LED outdoor displays. These initiatives aim to promote the use of sustainable technologies, reduce energy consumption, and lower greenhouse gas emissions. The Energy Efficiency Programme is a government initiative aimed at promoting the adoption of energy-efficient technologies in Mexico. The programme provides financial incentives, such as tax credits and subsidies, to businesses and organisations that invest in energy-efficient technologies, including LED outdoor displays. The National Plan for Sustainable Energy Use is a long-term government plan aimed at promoting sustainable energy use in Mexico. The plan includes measures to reduce energy consumption and increase the adoption of energy-efficient technologies, including LED outdoor displays. The Green Fund is a government programme that provides financial support to projects that promote sustainable development and environmental protection in Mexico. The fund supports projects that use energy-efficient technologies, including LED outdoor displays. The National Energy Strategy is a government policy document that outlines Mexico's energy goals and objectives. The strategy includes measures to increase the adoption of energy-efficient technologies, such as LED outdoor displays, to reduce energy consumption and promote sustainable development.

Based on the application, this includes the led billboard; perimeter led boards, led mobile traffic lights, led video walls, and led matrix board. In Mexico, the LED billboard has the highest market share. LED billboards are designed to be highly visible, even in bright sunlight. This makes them an ideal choice for outdoor advertising in Mexico, where the sun can be very strong. LED billboards can be customised to display a wide range of content, including static images, video, and animation. This flexibility makes them a popular choice for advertisers in Mexico who want to create dynamic and engaging content.

Considered in this report
• Geography: Mexico
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Aspects covered in this report
• Mexico Outdoor LED Display market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Mounted Technology
• Surface-Mounted Outdoor LED Display
• Individually Mounted Outdoor LED Displays

By Color Display
• Full Color Display
• Tri Color Display
• Monochrome Display

By Application
• LED Billboards
• Perimeter LED Boards
• LED Mobile Panel
• LED Traffic Lights
• LED Video Walls
• LED Matrix Boards

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Outdoor LED Display industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

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Table of Contents

Table of Contents

1. Executive Summary
2. Market Structure
2.1. Market Considerate
2.2. Assumptions
2.3. Limitations
2.4. Abbreviations
2.5. Sources
2.6. Definitions
2.7. Geography
3. Research Methodology
3.1. Secondary Research
3.2. Primary Data Collection
3.3. Market Formation & Validation
3.4. Report Writing, Quality Check & Delivery
4. Mexico Macro Economic Indicators
5. Market Dynamics
5.1. Key Findings
5.2. Key Developments - 2021
5.3. Market Drivers & Opportunities
5.4. Market Restraints & Challenges
5.5. Market Trends
5.6. Covid-19 Effect
5.7. Supply chain Analysis
5.8. Policy & Regulatory Framework
5.9. Industry Experts Views
6. Mexico Outdoor LED Display Market Overview
6.1. Market Size By Value
6.2. Market Size and Forecast By Mounted Technology
6.3. Market Size and Forecast By Color Display
6.4. Market Size and Forecast By Application
7. Mexico Outdoor LED Display Market Segmentations
7.1. Mexico Outdoor LED Display Market, By Mounted Technology
7.1.1. Mexico Outdoor LED Display Market Size, By Surface-Mounted Outdoor LED Display, 2017-2028
7.1.2. Mexico Outdoor LED Display Market Size, By Individually Mounted Outdoor LED Displays, 2017-2028
7.2. Mexico Outdoor LED Display Market, By Color Display
7.2.1. Mexico Outdoor LED Display Market Size, By Full Color Display, 2017-2028
7.2.2. Mexico Outdoor LED Display Market Size, By Tri-Color Display, 2017-2028
7.2.3. Mexico Outdoor LED Display Market Size, By Monochrome Display, 2017-2028
7.3. Mexico Outdoor LED Display Market, By Application
7.3.1. Mexico Outdoor LED Display Market Size, By LED Billboards, 2017-2028
7.3.2. Mexico Outdoor LED Display Market Size, By Perimeter LED Boards, 2017-2028
7.3.3. Mexico Outdoor LED Display Market Size, By LED Mobile Panel, 2017-2028
7.3.4. Mexico Outdoor LED Display Market Size, By LED Traffic Lights, 2017-2028
7.3.5. Mexico Outdoor LED Display Market Size, By LED Video Walls, 2017-2028
7.3.6. Mexico Outdoor LED Display Market Size, By LED Matrix Boards, 2017-2028
8. Mexico Outdoor LED Display Market Opportunity Assessment
8.1. By Mounted Technology, 2023 to 2028
8.2. By Color Display, 2023 to 2028
8.3. By Application, 2023 to 2028
9. Competitive Landscape
9.1. Porter's Five Forces
9.2. Company Profile
9.2.1. Company 1
9.2.1.1. Company Snapshot
9.2.1.2. Company Overview
9.2.1.3. Financial Highlights
9.2.1.4. Geographic Insights
9.2.1.5. Business Segment & Performance
9.2.1.6. Product Portfolio
9.2.1.7. Key Executives
9.2.1.8. Strategic Moves & Developments
9.2.2. Company 2
9.2.3. Company 3
9.2.4. Company 4
9.2.5. Company 5
9.2.6. Company 6
9.2.7. Company 7
9.2.8. Company 8
10. Strategic Recommendations
11. Disclaimer

List of Figures

Figure 1: Mexico Outdoor LED Display Market Size By Value (2017, 2022 & 2028F) (in USD Million)
Figure 2: Market Attractiveness Index, By Mounted Technology
Figure 3: Market Attractiveness Index, By Color Display
Figure 4: Market Attractiveness Index, By Application
Figure 5: Porter's Five Forces of Mexico Outdoor LED Display Market

List of Table

Table 1 : Influencing Factors for Global Outdoor LED Display Market, 2022
Table 2: Mexico Outdoor LED Display Market Size and Forecast By Mounted Technology (2017, 2022 & 2028F)
Table 3: Mexico Outdoor LED Display Market Size and Forecast By Color Display (2017, 2022 & 2028F)
Table 4: Mexico Outdoor LED Display Market Size and Forecast By Application (2017, 2022 & 2028F)
Table 5: Mexico Outdoor LED Display Market Size of Surface-Mounted Outdoor LED Display (2017 to 2028) in USD Million
Table 6: Mexico Outdoor LED Display Market Size of Individually Mounted Outdoor LED Displays (2017 to 2028) in USD Million
Table 7: Mexico Outdoor LED Display Market Size of Full Color Display (2017 to 2028) in USD Million
Table 8: Mexico Outdoor LED Display Market Size of Tri-Color Display (2017 to 2028) in USD Million
Table 9: Mexico Outdoor LED Display Market Size of Monochrome Display (2017 to 2028) in USD Million
Table 10: Mexico Outdoor LED Display Market Size of LED Billboards (2017 to 2028) in USD Million
Table 11: Mexico Outdoor LED Display Market Size of Perimeter LED Boards (2017 to 2028) in USD Million
Table 12: Mexico Outdoor LED Display Market Size of LED Mobile Panel (2017 to 2028) in USD Million
Table 13: Mexico Outdoor LED Display Market Size of LED Traffic Lights (2017 to 2028) in USD Million
Table 14: Mexico Outdoor LED Display Market Size of LED Video Walls (2017 to 2028) in USD Million
Table 15: Mexico Outdoor LED Display Market Size of LED Matrix Boards (2017 to 2028) in USD Million