Signage/Professional Display LEDs Global Market Forecast – Strong Growth to Drive Market to $3.61 Billion by 2020

ReportsWorldwide has announced the addition of a new report title Signage & Professional Display LEDs Global Market Review & Forecast 2015-2020 to its growing collection of premium market research reports.


Boston, MA -- (SBWIRE) -- 11/07/2016 -- This is the review and forecast of worldwide use of Dual In-line Package (DIP), Surface Mount Diode (SMD), and Chip on Board (COB) packaged LEDs. The forecast for each type, in turn, is segmented the major professional signage/display types and into geographical region.

The worldwide consumption of packaged light emitting diodes in signage and professional displays reached nearly $2.3 billion in 2015. In the year 2020, consumption is forecast to reach $3.6 billion.

The consumption value in Dual In-line Package (DIP) LEDs is forecast to increase in value at over 10 percent per year; however, Surface Mount Diode (SMD) LEDs are forecast with negative growth as Chip-On-Board LEDs (COB) and Multiple-Chip COB LEDs (MCOBs) in signage and display applications are set for explosive growth.

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This study report details the use of LEDs, segmented by the following package-type:

-Dual In-line Package (DIP)
-Surface Mount Diode (SMD): Single/Multi-Chip
-Chip on Board (COB)/MCOB: Single/Multi-Chip

The market forecast data are segmented by the following Applications (uses):

-LEDs Used in Digital and Open-Face Signage/Display
-LEDs Used in Backlit Signage/Display
-LEDs Used in Backlighting Professional LCD Display Screens

The market forecast data are segmented by the following functions:

-Consumption Value (US$, million)
-Quantity (number/units: Million)
-Average Selling Prices (ASP $, each)

The forecast for each type, in turn, is segmented into geographical region. The market data are segmented into the following geographic regions, plus a Global summary:

-America (North America, Central and South America)
-EMEA (Europe, Middle Eastern countries, plus Africa)
-APAC (Asia Pacific)

Below, are four levels (or "food chain") of LEDs. For the purposes of this ElectroniCast study, we quantify and provide a market forecast for "Level 2"

-Level 1 - The chip or die
-Level 2 – Packaged LED Chips
-Level 3 - LED array; sign/display module, lamps
-Level 4 - LED sign, luminaire/fixture or display system

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