LEDs are used in thousands of applications across hundreds of industries. Global Information Inc. is pleased to announce the addition of three new excellent reports on the light emitting diode (LED) industry. The reports provide LED application consumption forecasts and will help executives understand the key issues and developments surrounding the LED market as well as gain insight into the infantile OLED industry.
LEDs Used in Signage & Professional Displays Global Market Forecast (2011-2017)
Worldwide consumption of LEDs in signage and professional displays is forecast to reach $3.3 billion in 2017, a $1.67 billion increase from the global consumption value posted in 2011. According to Electronicasts' new LED market research, high brightness (HB) LEDs holds a relative market share of nearly 67 percent in 2012. This report indicates that market share in the Asia Pacific (APAC) region is expected to expand at a faster pace than the Americas region (South, Central and North America). While Europe, Middle East and Africa, or the EMEA region, will hold over 20% of the global consumption value this year in 2012, relatively flat growth is expected for the region over the next few years.
Electronicasts' 2011-2017 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 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.
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