ElectroniCast reports signage/professional display LED market at $1.3 billion

Date Announced: 21 Jan 2010 LEDs Used in Signage/Professional DisplaysGlobal Market Review & Forecast (2009-2015)Re-Branding the Corporate Image – The message is clear uSED , lower carbon footprint and going-green 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 the study results, the global consumption value LEDs used in signage & professional displays in 2009 was over $1.3 billion. “In terms of value, the consumption of HB-LEDs in signals and professional display devices will maintain the majority of the relative market share (2009-2015); However, since there is a huge difference in average selling prices (ASPs) between HB-LEDs and standard LEDs, the market share leader, in terms of volume are the standard-type LEDs,” said Stephen Montgomery, president of International Business at ElectroniCast Consultants. Lower Carbon Footprints and Going-Green“Everyday we are noticing major signage replacement projects incorporating LEDs, we are not only seeing LED exit signs and message boards, we are seeing major corporate re-branding efforts, which promote a corporate image of lower carbon footprints and sending a clear message that they are going-green,” Montgomery said.SEE DATA FIGUREElectroniCast Definition:(1) Standard-LED types have a lumen efficiency of less than 30 lumen/Watt (<30lm/W)(2) High Brightness (HB) LEDs have a lumen efficiency of 30 lumen/Watt or more (>30lm/W)NEW Additions to the 2010 StudyItems have been added to this study versus the 2009 study report, most notably is that this forecast includes market data in regards to LEDs used for channel-letters, back-lit display signage and back-lighting for video screens that are sold and used specifically professional displays. Another important addition to note is that this forecast provides data, segmented by the following functions: Value (US$, million), Quantity (number/units) and Average Selling Prices (ASP $, each).This market forecast report is available immediately, at a fee of $4,200, from ElectroniCast Consultants.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.The global consumption value LEDs used in signage & professional displays in 2009 was over $1.318 billion, according to a new market report just-released by ElectroniCast Consultants. Assisting corporate customers in their re-branding efforts is a key marketing opportunity for the LED industry.

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