LED Lighting in Broadcast, Video & Motion Pictures Market Forecast (2010-2017)

April 18, 2011 - PRLog -- LED Lighting in Broadcast, Video & Motion Pictures
Market Forecast (2010-2017)

Upper Lake, CA (USA) – April 18, 2011  -- ElectroniCast Consultants, a leading market research consultancy, today announced the release of a new market review and forecast of light emitting diode (LED) light panels/fixtures, which are used in TV broadcast, motion pictures and by professional videographers, in the United States.

LED lighting is well accepted by the broadcast TV, motion pictures and videography industry sectors for lighting effects and set lighting, mainly because of its flexibility.  A single light source can generate a great variety of colors.  Additionally, continuous cost/performance improvements driven by technological advancements are driving the LED lighting fixture market from a niche-only solution to a general use solution.

Another benefit, directly related to the use of lighting in studios and sets, is the consumption of less electrical power consumption for not only because LEDs use less energy, but also less air conditioning is required since heat generated by an LED bulb is negligible. Also, television broadcasters and film studios are proud to publicize that they are good corporate citizens by incorporating LEDs in their operations and thereby embracing “Green Technology.”

“The process of producing video, television programming, and motion picture productions in the field is a challenge because of harsh environment, cramped spaces, limited lighting, and the wiring necessary to connect field production cameras to various devices.  Innovation components now allow for construction of efficient, durable, quiet-running and lightweight LED light fixtures, which are essential in the field as well as controlled studio environments,” said Stephen Montgomery, president – International Business at ElectroniCast Consultants.

“The USA consumption of LED production panel/fixtures last year (2010), which are used in the broadcast TV, motion pictures and videography applications, increase 17% from 2009.  During the forecast period (2010-2017), the consumption value of the LED fixtures is forecast to increase at an average annual growth rate of 22.7 percent,” Montgomery added.




According to ElectroniCast, the 12x12-inch (or larger) LED Panel category is forecast to capture the lead in relative market share of consumption value. The Circular/ Ring/ Fresnel fixture category, which includes fixtures with an outer diameter of 12-inches or larger, is forecast to take the second-place position in market share. In terms of volume (number of units), the smaller-sized units will hold substantial market share during the forecast period; however, because of their relatively lower average selling price (ASP) compared to the larger-sized units, they have a smaller market share in terms of value.

In terms of value the USA consumption of LED professional use production light panels/fixtures in the TV broadcast, motion picture/film and videographers (weddings, events, business promotions, etc) was led by the motion picture industry sector with a 60% relative market share in 2010 (see Figure).

LED Production Light Panels/Fixtures
United States Consumption Value Market Share, By Application
(2010)



This market forecast report is available immediately from ElectroniCast Consultants (fees: $4,200-$5,400). For detailed information on this or other services provided by ElectroniCast, please contact Theresa Hosking, Marketing/Sales; thosking@electronicastconsultants.com  
(Telephone/USA: 707/275-9397)

ElectroniCast Consultants – www.electronicast.com specializes in forecasting trends in technology forecasting, markets and applications forecasting, strategic planning and consulting. ElectroniCast Consultants, as a technology-based independent forecasting firm, serves industrial companies, trade associations, government agencies, communication and data network companies and the financial community.  Reduction of the risk of major investment decisions is the main benefit provided.  ElectroniCast Consultants’ goal is to understand the challenges and opportunities facing clients and to provide timely, accurate information for strategic planning.

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ElectroniCast Consulatants ( www.electronicastconsultants.com ) , a technology-based independent forecasting firm, specializes in forecasting trends in technology, markets and applications forecasting, strategic planning and consulting.