Market Research Report
LED Signage and Professional Display Systems and Sub-SystemsGlobal Market Review & Forecast 2017-2027
|Published by||ElectroniCast||Product code||531429|
|Published||Content info||499 Pages
|LED Signage and Professional Display Systems and Sub-SystemsGlobal Market Review & Forecast 2017-2027|
|Published: March 5, 2018||Content info: 499 Pages||
This market forecast report, which is available immediately, is part of a consultant service from ElectroniCast Consultants to our clients. This 2017-2027 market review and forecast is presented for light-emitting diode (LED) based signage and professional/commercial displays.
The market forecast covers LED system-parts, as well as the complete sign/display (system), which are used in stationary (non-vehicle) applications. LEDs are used in large outdoor video screens, digital billboards, sport/stadium displays, small indoor retail displays, channel-lettering/light-boxes, LED/LCD screens (used exclusively for professional display purposes), as well as lamps that provide light for traditional signage.
The market forecast of the LED-based signage and professional displays sub-systems and systems is segmented by the following end-user applications:
The market data are segmented into the following geographic regions, plus a Global summary:
The market forecast data are segmented by the following functions:
Below, are four levels (or "food chain") of LEDs. For the purposes of this ElectroniCast study, we quantify and provide the market forecast for "Level 3" and "Level 4"
LEVEL 3 The market forecast data for the "Level 3" sub-system product category is shown below:
Presentation Notes for the "Level 3" sub-system product category:
LEVEL 4 The market forecast data for the "Level 4" complete system product category is shown below:
Presentation Notes for the "Level 4" sub-system product category:
ElectroniCast, founded in 1981, specializes in forecasting technology and global market trends in fiber optics communication components and devices, as well providing market data on light emitting diodes used in lighting.
As an independent consultancy we offer multi-client and custom market research studies to the world's leading companies based on comprehensive, in- depth analysis of quantitative and qualitative factors. This includes technology forecasting, markets and applications forecasting, strategic planning, competitive analysis, customer-satisfaction surveys and marketing/sales consultation. ElectroniCast, founded as a technology-based independent consulting firm, meets the information needs of the investment community, industry planners and related suppliers.
Market analysis and technology forecasting are complex tasks. Any predictions of the shape and trends of technology and economic movement start from the notion that the germ of what will be important tomorrow is present, although smaller or larger or in a different form, in our environment today. However, taking as a basis for a prediction the assumptions of current, conventional belief creates a set of preconceived notions that can lead to serious mistakes. ElectroniCast, instead, looks to the basic driving forces.
This study is based on analysis of information obtained continually over the past several years, but updated through February 2018. During this period, ElectroniCast analysts performed interviews with authoritative and representative individuals in the LED manufacturing (materials, chips, packaging, devices, associated parts/pieces, fittings/fixtures, and complete system) and advertisement, transportation, various sports/entertainment, hospitality/related, communication, government-based users (local, state/provincial, federal), display industry, and other-related. The interviews were conducted principally with:
The interviews covered issues of technology, R&D support, pricing, contract size, reliability, documentation, installation/maintenance crafts, standards, supplier competition and other topics.
Customers and distributors also were interviewed, to obtain their estimates of quantities received and average prices paid. Customer estimates of historical and expected near term future growth of their application are obtained. Their views of use of new technology products were obtained.
The analyst then considered customer expectations of near term growth in their application, plus forecasted economic payback of investment, technology trends and changes in government regulations/laws in each geographical region, to derive estimated growth rates of quantity and price of each product subset in each application. These forecasted growth rates are combined with the estimated baseline data to obtain the long-range forecasts at the lowest detailed level of each product and application.
A full review of published information was also performed to supplement information obtained through interviews. The following sources were reviewed:
In analyzing and forecasting the complexities of the regional markets for light emitting diode products, it is essential that the market research team have a good and a deep understanding of the technology and of the industry. ElectroniCast members who participated in this report were qualified.
Bottom-up Methodology ElectroniCast forecasts, as illustrated in the forecast data structure, are developed initially at the lowest detail level, then summed to successively higher levels. The background market research focuses on the amount of each type of product used in each application in the base year (2017), and the prices paid at the first transaction from the manufacturer. This forms the base year data. ElectroniCast analysts then forecast the growth rates in component quantity use in each application, along with price trends, based on competitive, economic and technology forecast trends, and apply these to derive long term forecasts at the lowest application levels. The usage growth rate forecasts depend heavily on analysis of overall end user trends toward equipment usage and economic payback.
All data and other information contained in this data base are proprietary to ElectroniCast and may not be distributed or provided in either original or reproduced form to anyone outside the client's internal employee organization, without prior written permission of ElectroniCast. ElectroniCast, in addition to multiple-client programs, conducts proprietary custom studies for single clients in all areas of management planning and interest. Other independent consultants, therefore, are considered directly competitive. ElectroniCast proprietary information may not be provided to such consultants without written permission from ElectroniCast Consultants.
All employees of the client company/organization may use this report, worldwide at the consultant service subscription fee shown in the front pages of this announcement.
7.1 Acronyms, Abbreviations, and General Terms 7.2 Lighting Standards and Protocols