LED Displays, Lighting, and Fixtures Market Driven by Demand for Pitch Pixel Technology in Digital Signage

According to a recent business publication by IndustryARC, LED displays, lighting and fixtures market size was around $70 billion - $75 billion in 2018, and its value will be growing at a healthy CAGR of around 12% - 14% during the forecast period 2019-2025. The analyst highlights the energy efficiency trend to cause major disruptions in the near future, with innovation remaining the name of the game. The report is titled: “LED Displays, Lighting and Fixtures Market: By Product (Conventional LED Display, Surface Mounted Device, LED Lighting & Fixture); By Application (Backlighting, Signage, LED General Lighting Market, Automotive LED Lighting, Others) & By Region – Forecast (2019-2025).”

LED light source are usually controlled by a spherical reflector, they are widely used in indoor lighting, automobile headlights, road lighting, and as backlight of liquid crystal display. Cost Saving LED stage light fixtures are widely used by artists, architects, cinematographers, and visionary lighting designer’s to illuminate their stories. LED lighting fixtures combine modern technology and industrial aesthetics with balancing energy efficiency, visual comfort, affordability and flexible design patterns. Ecofriendly LED cooler refrigerator case lights (retrofit) are preferred by convenience and grocery store managers for fluorescent fixtures due to its low maintenance and energy consumption.

Digital signage application holds the largest share among other applications in the LED displays, lighting and fixtures market, and is projected to grow at a CAGR of around 16% - 18% over the forecast period 2019-2025. Indoor and outdoor digital signage solutions are the eye catching media tools for board range advertisements. Hassle free installation and maintenance of reliable and efficient tiny LED displays in digital signage application coupled with audience engagement towards realistic views are stroking the growth of the LED displays market. 

Based on the geographical analysis provided in the IndustryARC market research report, APAC region held a major share of around 35% - 38% in the LED displays, lighting, and fixtures market for the year 2018. Alternative Living Technical Solutions for Africa is an energy savings company which provide solutions to meet incessant demand for robust designs and secured lighting in industrial and commercial applications of Africa. 

Automotive Lighting Market: By Vehicle Type (Passenger Cars, Heavy Commercial Vehicles, Light Commercial Vehicles, Two wheelers), By Technology (LED, Xenon, Halogen), By Integration (Interior, Exterior), By Geography Forecast (2018-2023)