Digital lighting, LED signs and consumer electronics are increasingly popular and on the rise. They are a fantastic form of advertising and getting the correct information out to the public effortlessly.
LED Signage consumes low voltage, ultra-low energy yet provides high contrast and brightness. This is beneficial as it provides clearer images at a low-cost price. A large number of companies are now using LED Signs as a form of advertising. This is beneficial at catching the attention of bypassing trade.
Low voltage LED Signs are a lot safer to use as there is not the necessity of connecting them to the mains power. LED Signs have in excess of 50,000 operational hours therefore, once mounted they are ready to use for years to come. The use of digital lighting in public spaces is becoming increasingly popular due to this, we can see such lighting in areas including restaurants, shops, restrooms, emergency exits, and information billboards.
In 2017 it is estimated that the lighting market was worth £2.4 billion, having increased by 44% since 2013. According to a report by Grand View Research Inc the growth rate from 2015 – 2019 is standing at the annual rate of 86.6%. LED lighting has gained a significant share in the domestic and non-domestic market and is forecast to continue growing with an estimated increase of £4.6 billion by 2025.
With this in mind there is so much in store for the digital signage future. Businesses will embrace the new technology with over 54% of restaurants planning to deploy digital signage to more locations and 63% of banks to deploy digital signage in the following years.