LEDs Used in Signage/Professional Displays Global Market Review & Forecast
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.
Source: ElectroniCast Consultants
