Le ds in signage and professional displays

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Light Emitting Diode (LED) Used in Signage & Professional Display …

Light Emitting Diode (LED) Used in Signage & Professional Display
Global Market Forecast ($, Billion)

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  • 1. Media Contact:NEWS RELEASE LEDs Used in Signage/Professional Displays Global Market Review & Forecast (2011-2017)http://www.aarkstore.com/reports/LEDs-Used-in-Signage-Professional-Displays-Global- Market-Forecast-2011-2017--128773.htmlUpper Lake, CA (USA) – June 8, 2012 -- ElectroniCast Consultants, a leading marketresearch consultancy, today announced the release of a new market forecast of theglobal market consumption of packaged Light Emitting Diodes (LEDs) used in signageand professional displays. The consumption value will increase with rising quantitygrowth largely offset by declining average prices.According to the study results, the global consumption value LEDs used in signage &professional displays in 2011 was over $1.63 billion, up from $1.5 billion in 2010. In theyear 2017, consumption is forecast to reach $3.3 billion. In terms of consumption value,high brightness (HB) LEDs holds a relative market share of nearly 67 percent in 2012.The American region (South, Central and North America) and the Asia Pacific region(APAC) are even in market share (2012); however, the APAC region is forecast toexpand at a faster pace.The Europe, Middle East and African region (EMEA) holds over 20 percent share ofglobal consumption value in 2012; however, is forecast for relatively flat growth for thenext few years.This 2011-2017 market review and forecast is presented for Standard-type versus HighBrightness- (HB) type LEDs used in signage and professional displays. High Brightness(HB) light emitting diodes (LEDs), defined by ElectroniCast, are component-level bulbswith a Lumens/Watt rating of 30lm/W and above (>30lm/W); Standard-type LEDs havea Lumen/Watt rating of less than 30lm/W (<30lm/W).This application category includes covers LEDs that are used signs and displays. LEDsare 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.The market share leader, in terms of volume (the quantity/number of LEDs), are thestandard-type LEDs, with over 95 percent last year in 2012; however, since there is ahuge difference in average selling prices between HB-LEDs and standard LEDs, theHB-LEDs hold the consumption value leadership position. Page 1 of 3
  • 2. Media Contact:The High-Brightness (HB) category also includes Ultra-High Brightness (UHB) lightemitting diodes (LEDs with a Lumen/Watt rating of over 70lm/W). The ASP for bothconventional (standard) and HB LEDs will decrease annually; however, Ultra HighBrightness LEDs (UHB-LEDs) prices have a substantial premium over the HB-LEDS,and although currently there is a relatively small use of UHB-LEDs in this application, asthe use of UHB-LEDs increase, the over-all effect shows the HB-LED category with onlya slight annual decrease, in terms of average selling prices (2011-2017). Note: Market forecast data in this study report refers to consumption (use) for a particular calendar year; therefore, this data is not cumulative data.This 508-page market forecast report is available immediately, at a fee of $4,400, please contactAarkstore Enterprise (AK)Phone: 08149852585Email:enquiry@aarkstore.comURL:www.aarkstore.comhttp://www.facebook.com/aarkstorehttp://in.linkedin.com/in/aarkstore Light Emitting Diode (LED) Used in Signage & Professional Display Global Market Forecast ($, Billion) 3.50 3.00 2.50 2.00 1.50 1.00 0.50 0.00 2011 2012 2013 2014 2015 2016 2017LEDs ($ Billion) 1.63 1.68 1.81 1.99 2.30 2.80 3.30 Page 2 of 3