The LED Rental Market is estimated to be valued at US$ 19.00 Billion in 2023 and is expected to exhibit a CAGR Of 23% over the forecast period 2023 To 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
The LED Rental market offers various LED display products, such as LED video walls, LED billboards, and LED signage, on a rental basis. These products find ... Read more
LED lighting rental services provide lightweight, energy efficient and long-lasting lighting solutions for various outdoor applications such as concerts, film shoots, exhibitions and events. These rental services reduce upfront investment and offer flexible payment options. The rising number of outdoor events and growing infrastructure development activities in emerging economies of Asia Pacific and Middle East & Africa have increased the demand for rental LED lighting solutions. ... Read more
LED rental market offers LED lighting systems on rental basis for various events, concerts, exhibitions and other projects where temporary lights are required. LED lights have advantages like energy efficiency, longer life, customizable lights and eco-friendlier options as compared to traditional lighting systems. With growing concerns regarding energy saving and reducing carbon footprint, there is increasing demand for LED lighting solutions.
LED rental solutions offer several advantages including high visual impact, low power consumption, flexible installation and ability to be powered through portable generators or battery packs. With events and exhibitions resuming post COVID-19 restrictions being lifted globally, the demand for LED rental solutions has increased substantially to enhance visitor experience through unique lighting effects.
The global LED Rental Market is estimated to be valued at US$ 21.89 Mn in ... Read more
