The value of chip-on-board (COB) light-emitting diodes (LEDs) used to illuminate signage and professional displays is forecast to grow by 71.3 per cent annually through 2020, according to the newest market study by ElectroniCast Consultants.
Metro Sign & Awning's InsightRead Original Article
LEDs for signage are on the rise, and we understand why! Light emitting diode (LED) lighting is one of the many green concepts that are proven beyond a shadow of a doubt in today’s market. Although initial outlay for LED lights can be three to five times more than other types of lighting, the payback may be up to ten times faster as it has a higher sustainable return of investment (SROI). This is the reason many companies have been looking to make the switch and it’s also the reason why you should probably consider doing the same!