Mexico Outdoor Led Display Market Size & Outlook

The outdoor led display market in Mexico is expected to reach a projected revenue of US$ 372.5 million by 2030. A compound annual growth rate of 13.5% is expected of Mexico outdoor led display market from 2024 to 2030.
Revenue, 2023 (US$M)
$153.5
Forecast, 2030 (US$M)
$372.5
CAGR, 2024 - 2030
13.5%
Report Coverage
Mexico

Mexico outdoor led display market highlights

  • The Mexico outdoor led display market generated a revenue of USD 153.5 million in 2023 and is expected to reach USD 372.5 million by 2030.
  • The Mexico market is expected to grow at a CAGR of 13.5% from 2024 to 2030.
  • In terms of segment, surface mounted was the largest revenue generating technology in 2023.
  • Individually Mounted is the most lucrative technology segment registering the fastest growth during the forecast period.


Outdoor led display market data book summary

Market revenue in 2023USD 153.5 million
Market revenue in 2030USD 372.5 million
Growth rate13.5% (CAGR from 2023 to 2030)
Largest segmentSurface mounted
Fastest growing segmentIndividually Mounted
Historical data2017 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationIndividually Mounted, Surface Mounted
Key market players worldwideBarco NV, Daktronics Inc, LG Electronics Inc ADR, Panasonic Holdings Corp, Sony Group Corp, Toshiba Corporation


Other key industry trends

  • In terms of revenue, Mexico accounted for 1.8% of the global outdoor led display market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Latin America, Mexico outdoor led display market is projected to lead the regional market in terms of revenue in 2030.
  • Brazil is the fastest growing regional market in Latin America and is projected to reach USD 312.5 million by 2030.

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Outdoor LED Display Market Companies

Name Profile # Employees HQ Website

Mexico outdoor led display market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to outdoor led display market will help companies and investors design strategic landscapes.


Surface mounted was the largest segment with a revenue share of 57.98% in 2023. Horizon Databook has segmented the Mexico outdoor led display market based on individually mounted, surface mounted covering the revenue growth of each sub-segment from 2017 to 2030.


Outdoor LED displays are becoming increasingly popular in Mexico as a tool for advertising and visibility. As technology continues to evolve, LED displays are likely to become more common in Mexico and play an increasingly important role in the improvement of the cities’ visual appearance. 

In recent years, advances in LED display technology have made displays more affordable and accessible, and many suppliers now offer modular designs that simplify installation and maintenance.

This has boosted the growth of the Mexican market. Advertising billboards are a type of outdoor LED displays that are widely used in Mexico, typically in high-traffic areas such as street corners, shopping malls, and public squares, to promote a variety of products and services.

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  • Our clientele includes a mix of outdoor led display market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico outdoor led display market , including forecasts for subscribers. This country databook contains high-level insights into Mexico outdoor led display market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Mexico outdoor led display market size, by technology, 2017-2030 (US$M)

Mexico Outdoor LED Display Market Outlook Share, 2023 & 2030 (US$M)

Mexico outdoor led display market size, by technology, 2017-2030 (US$M)

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