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LED applications demand expansion accelerated, will increase to three times in 2018

Global signage and professional display LED installed capacity reached 57 billion units in 2012. For LED's display demand forecast, will continue to prosper in the next five years. According to the U.S. California ELectroniCast market analysts predict that by 2018, consumption is expected to increase to nearly three times, reaching 143 billion units. ElectroniCast consultant commented, with the increase in the number of consumer value will increase, but because of the average price decline, which will largely offset the total value. "

The market share of the Americas and the Asia Pacific region is close, but the pace of expansion in the Asia Pacific region is expected to be the fastest, about 22.8% per year. Europe, the Middle East and Africa accounted for less global consumption.

Electronicast explained that its market review and forecast from 2012 to 2018, based on the "standard" and high brightness (HB) LED in the application of signs and professional monitors. The above high brightness LED is defined to be rated at 30 lumens / watt and above, the standard type is less than 30 lumens / W. LED is increasingly used in building walls, outdoor video screen, digital billboards, sports stadium display, indoor small retail display, the restaurant and the supermarket food display, public transport vehicles and the destination signs, LED and LCD TV screen and other applications.

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