LEDs Used in Signage & Professional Displays Global Market Forecast | LED and ILLUMINATION

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LEDs Used in Signage & Professional Displays Global Market Forecast (2010-2016)
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This 2010-2016 market review and forecast is presented for Standard-type versus High Brightness- (HB) type LEDs used in signage and professional displays.

This application category includes covers LEDs that are used in stationary and vehicle-based signs and displays. LEDs are used in building facades, large outdoor video screens, digital billboards, sport/stadium displays, small indoor retail displays, food displays (restaurants/supermarkets), signs on taxis and destination signs on mass-transit vehicles, channel-lettering/light-boxes, LED/LCD TV screens (used exclusively for professional purposes), and the list continues…

High Brightness (HB) light emitting diodes (LEDs), defined by ElectroniCast, are component-level bulbs with a Lumens/Watt rating of 30lm/W and above (>30lm/W); Standard-type LEDs have a Lumen/Watt rating of less than 30lm/W (<30lm/W). The LED market forecast data are segmented by the following functions:

• Consumption Value (US$, million)
• Quantity (number/units: Million)
• Average Selling Prices (ASP $, each)

The forecast for each type, in turn, is segmented into geographical region. The market data are segmented into the following geographic regions, plus a Global summary:

• The Americas (North America, Central and South America)
• EMEA (Europe, Middle Eastern countries, plus Africa)
• APAC (Asia Pacific)

Below, are four levels (or “food chain”) of LEDs. For the purposes of THIS ElectroniCast study, we quantify and provide a market forecast for “Level 2”

Level 1 - The chip or die
Level 2 - The LED component (component-level bulb)
Level 3 - LED array; may include optics, heat sink and/or power supply
Level 4 - LED luminaries

The 2010 worldwide consumption of light emitting diodes used (consumed) in signage and professional displays reached $1.52 billion. In the year 2016, consumption is forecasted to reach $2.78 billion.

The America region (South, Central and North America) led in consumption in 2010; however, the Asia Pacific region (APAC) is expanding at a faster pace, by a factor of 3x, in its use of LEDs in this application. According to ElectroniCast, the APAC region will grab the market share lead, mid-way through the forecast period.

The Europe, Middle East and African region (EMEA) represented a 24 percent share of global consumption value in 2010 and is also forecast with faster growth than the American region.

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