Global LED Glass Market: Overview
The LED (Light Emitting Diode) glass transforms ordinary glass surfaces into dynamic displays. LED glass can be used in any application wherein ordinary glass can be used. LED glass is more than 90% transparent. It is often used for turning building facades into art displays, billboards, and informational directories, including videos. Similarly, it can be employed inside office premises to display work-related information or create required ambience. Essentially, LED light sources i.e. bulbs are incorporated into laminated glass panels to create distinct images, logos, and patterns. These LED light sources are supplied with power by installing nearly invisible circuit boards inside the laminated glass. This helps avoid the use of any distracting wires.
LED glass can be customized as per the physical dimension of the existing glass and the purpose of display. LED glass is designed for displaying a single color or a range of colors. Generally, thickness of LED glass ranges from 6 mm to 12 mm. LED glass offers several advantages. These include ease of installation, low power consumption, ability to create personalized displays or ambience, easy availability of components and parts, limited requirement for maintenance, stability of the system, and guarantee on LED bulbs.
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Global LED Glass Market: Drivers
A major factor driving the LED glass market is construction of buildings with glass exteriors. Buildings with glass exteriors can be easily turned into display boards. Such buildings can be seen on busy commercial streets. As these buildings can be viewed by a majority of people, their facades are in demand to be turned into displays. However, comparatively high prices of LED glass is a restraint for the LED glass market. It is a relatively difficult product to manufacture and hence, it has higher cost compared to other billboard and art display technologies. Moreover, the LED glass market is a relatively unique market and hence, prices of LED glass cannot be significantly decreased with the help of mass production.
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Global LED Glass Market: Key Segments
The global LED glass market can be segmented based on type, application, and region. Based on type, the LED Glass market can be segmented into flat LED glass and curved LED glass. Flat glass is likely to be more commonly used type of LED glass. In terms of application, the market can be categorized into indoor, outdoor, billboard design, and others. In indoor applications, LED glass can be employed on partitions, stairs, access control doors, shelves, and interior display walls. In outdoor applications, LED glass can be used on building facades, store fronts, escalators and elevators, and lobby areas. Billboard designs are most commonly found on commercial streets of cities. Some of the other applications of LED glass include specialty illuminations and promotional displays and gifts. In terms of region, the global LED glass market can be segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. LED glass is more commonly used in developed countries of North America and Europe. Its use can also be found in developed countries of Asia Pacific, Latin America, and Middle East & Africa. However, use of LED glass is highly limited in developing countries such as India, South Africa, and Argentina.
Global LED Glass Market: Key Players
Some of the companies operating in the global LED glass market are Polytronix Inc., SCHOTT AG, Stanley Glass, IQ Glass, G-Smatt Global, and Saint-Gobain.
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