This 2012-2018 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:
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:
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"
According to ElectroniCast Consultants, the worldwide volume (quantity) of light emitting diodes placed in signage and professional displays reached 57 billion units. In the year 2018, consumption is forecast to reach 143 billion packaged LEDs in signage and professional displays.
The LED usage in the American region (South, Central and North America) and the Asia Pacific region (APAC) were close to even in market share (2012); however, the APAC region is forecast to expand at a faster pace.
The Europe, Middle East and African region (EMEA) hold a much smaller share of global consumption value versus the other regions in 2013.
Note : Market forecast data in this study report refers to consumption (use) for a particular calendar year; therefore, this data is not cumulative data.
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