Date Announced: 15 Apr 2013 Aptos, CA (USA) – April 15, 2013 -- ElectroniCast Consultants, a leading market research consultancy, today announced the release of a new market forecast of the global market consumption of packaged Light Emitting Diodes (LEDs) used in signage and professional displays. The consumption value will increase with rising quantity growth largely offset by declining average prices. According to ElectroniCast, 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 American region (South, Central and North America) and the Asia Pacific region (APAC) are near even in market share; however, the APAC region is forecast to expand at the fastest pace (22.8% per year). The Europe, Middle East and African region (EMEA) hold a much smaller share of global consumption value versus the other regions in 2013. This 2012-2018 market review and forecast is presented for Standard-type versus High Brightness- (HB) type LEDs used in signage and professional displays. 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). 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.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 market forecast report is available immediately from ElectroniCast Consultants. For detailed information on this or other services provided by ElectroniCast, please contact Theresa Hosking, Marketing/Sales; [email protected] (Telephone/USA: 831-708-2381)ElectroniCast Consultants – www.electronicast.com specializes in forecasting trends in technology, markets and applications forecasting, strategic planning and consulting. ElectroniCast Consultants, as a technology-based independent forecasting firm, serves industrial companies, trade associations, government agencies, communication and data network companies and the financial community. Reduction of the risk of major investment decisions is the main benefit provided. ElectroniCast Consultants’ goal is to understand the challenges and opportunities facing clients and to provide timely, accurate information for strategic planning.According to a new market report just-released by ElectroniCast Consultants, the worldwide volume (quantity) of packaged LEDs used in signage & professional displays in 2012 was 57 billion units and is forecast to increase to 143 billion in 2018.
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