Global LED Display Market to Exhibit Exponential Growth, Driven by Rising Demand for Outdoor Signage

Published On : 12 Oct 2015

ALBANY, New York, October 12, 2015 – QYResearchReports announces the addition of a new report, titled “Global LED Display Industry 2015 Market Research Report”, to its repository. The report presents insights into the growth drivers and potential restraints that are anticipated to shape the growth trajectory of the global LED display market. The impact of the latest technological advancements and changing consumer preferences is also analyzed in detail for the purpose of the study. The report is available on the company website for sale.

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Based on findings obtained through in-depth primary and secondary research, the report forecasts exponential growth for the global LED industry. The multibillion-dollar industry, according to the study, will exhibit a high growth rate over the next few years. The 222-page report comprises 235 tables and figures to illustrate the social and economic factors affecting the operations in the industry and how it has progressed over the last couple of years. According to the report, it was not long ago that the next generation of lighting systems witnessed complete replacement of incandescent filament lighting sources by the latest LED lighting systems, ensuring better energy efficiency at low cost and with an extended lifespan.

LED lights in general have a lifetime of up to 50,000 operational hours and they work efficiently by consuming literally only a small fraction of the amount of energy used by conventional incandescent bulbs. LED lights also emit 90% less heat than incandescent sources of light. Installing LED lights will, therefore, extend the time between replacements of lights, ensure less consumption of power, and generate less heat. These factors help bring down the overall cost of installing next-generation lighting systems in electronics. The benefits of the expanding LED industry have percolated to the LED display industry, boosting its market size.

Browse Complete Global LED Display Industry 2015 Market Research Report with TOC @ http://www.qyresearchreports.com/report/global-led-display-industry-2015-market-research-report.htm

LED displays specifically refer to a flat panel display that use wide-ranging light emitting diodes called pixels for a high-resolution visual display. Since LED displays produce high-quality and high-resolution images with clarity, they are increasingly being used in billboards and store displays. LED displays using LED lighting systems are also energy-efficient, which further fuels the demand from the global LED display market. LED displays are increasingly used for outdoor signage, which also impressively contributes to the growth of the industry.

The report provides an executive-level snapshot of the overall performance of the global LED display industry, with focus on the trajectory exhibited through 2015. An in-depth analysis of the competitive landscape of the industry included in the report provides a comprehensive overview of the key players and the strategies they adopted to ensure sustainable growth. 

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