LEDs Used in Test/Measurement, Medical & Other Science Devices Market Forecast and Analysis

 New Report From ElectroniCast Consultants -

This market forecast report, which is available immediately, is part of a consultant service from ElectroniCast Consultants to our clients. This 2022-2032 market estimate and forecast are presented for our extensive study of the worldwide use of packaged Light Emitting Diodes (LEDs) in Test/Measurement, Medical, and other Science devices.

The market data are segmented into the following geographic regions, plus a Global summary:
                                                           
North, Central, and South America (America)
Europe, plus Middle Eastern and African countries (EMEA)
Asia Pacific (APAC)

The LED market is segmented into the following sub-application categories:

Sensing/Detection and Analytical/Monitoring
Photo-therapy/Sanitation/Cell Regeneration/Curing
Instrumentation Light Source and Imaging

The market data are also segmented by the following colors (type):

Red
Green
Blue
White
Multiple Color/Multiple Chip
UV and Other

LED Level Quantified in the ElectroniCast Study       Below, are four levels (or “food chain”) of LEDs. For the purposes of this ElectroniCast study, we quantify and provide a market forecast for “Level 2”

Level 1 - The chip or die
Level 2 - The Packaged LED Chip(s)  
Level 3 – LED module / LED Lamp
Level 4 - LED luminaire (light fixture/light fitting with LED module/lamp)

This report provides the market data by the following functions:
·        Consumption Value (US$, million)
·        Quantity (number/units)
·        Average Selling Prices (ASP $, each)

Stephen Montgomery, President - ElectroniCast Consultants   montgomery@electronicast.com 

www.electronicast.com

Fiber Optic Connector Market Forecast - ElectroniCast Consultants

  

According to ElectroniCast, the worldwide fiber optic connector & mechanical splice consumption value reached $4.5 billion in 2022…

May 2023 -- ElectroniCast Consultants, a leading market & technology forecast consultancy addressing the fiber optics communications industry, today announced the release of their market forecast and analysis of the use of fiber optic connectors and mechanical splices in communication applications. 

10-Year Market Forecast - The global fiber optic connector and mechanical splice consumption value reached an estimated $4.506 billion in 2022. The consumption is forecast to increase with moderate to mature rising quantity growth slightly offset by declining average selling prices.  In the year 2027, the worldwide consumption value is forecast to reach $5.357 billion, and then forecasted to increase to nearly $5.92 billion in the year 2032.[1]  Note: Market forecast data in this study refers to consumption (use) for a particular calendar year; therefore, this data is not cumulative data.

Pushed by the use of multimode connectors in private data networks, the American region was the leader in global consumption value last year (2022); however, both the EMEA and the APAC regions are forecast to achieve faster annual growth versus the American region, during the next decade. 

Fiber optic connector use (value) in the Telecommunications application is forecast to increase at an annual growth rate of 4.02 percent (2022-2027), driven by access network fiber deployment (FTTx) and wireless/mobile backbone infrastructure, such as 5G; and then the annual growth rate is set to increase at a slower pace during the 2^nd-half at the forecast period. Fiber-to-the x (FTTx) is a generic term for any broadband network architecture using optical fiber to provide all or part of the local loop used for last-mile telecommunications.

Fiber optic connectors and mechanical splice units are also used in a variety of Military/ Aerospace applications requiring rigorous testing and harsh environment fiber optic certification to ensure reliability and performance in the field.  Fiber optic technology is used for a wide variety of air, sea, ground, and space applications.  Connectors with polarization keys and keyways must be manufactured to exact tolerances to reduce radial misalignment and insertion loss. In addition to telecommunications, cable TV, and private data networks, fiber optic connectors are used in specialty industrial applications, such as medical/science, automotive, oil/gas, underwater, industrial, sensors, and other user groups.

The global fiber optic connector consumption is driven by the continued increase in bandwidth demand beyond the limits of copper.  As optical fiber use migrates closer and closer to the end user, where cable lengths are shorter with higher fiber counts, the requirements for joining fibers become more critical. Splicing and connecting, play a significant role in a network’s cost and performance.

There are over 150 vendors competing for the global fiber optic connector/mechanical splice market, which ElectroniCast tracks, using a product matrix showing vendor participation in several fiber optic interconnect product segments. 

CONTACT: Stephen Montgomery  --  montgomery@electronicast.com 

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[1]  All values and prices in this report are at factory as-shipped levels and are in current dollars, which include the effect of a forecasted 5 percent annual inflation rate over the forecast period.

Film and Video Professional Production LED Lighting Market Forecast

According to ElectroniCast, the worldwide market value of LED Production Lighting reached $394 million in 2022…

 

Aptos, CA (USA) – April  2023 -- ElectroniCast Consultants, a leading market research consultancy covering the LED lighting industry, just announced the release of their global market forecast of the use of light emitting diode (LED) professional production lights in Television/Broadcast, Motion Picture, and Videography.

According to the market forecast report, the global consumption of LED professional lighting lamps/fixtures reached $394.1 million in 2022, up from $331.2 million in 2021.  During the forecast period, the value of LED-equipped lighting is forecast to increase to $566 million in the year 2032.  Market forecast data in the study report refers to consumption (use) for a particular calendar year; therefore, this data is not cumulative data.

According to the study, LED-based lighting is forecast to be the light source of the next generation in the professional production lighting sector studied in this market research project. Current LED technology already competes favorably with Hydrargyrum medium-arc iodide (HMI), fluorescent and tungsten sources and is powerful enough for the new crossover videographers. 

LED lighting is increasingly used in broadcast/TV and movie studios worldwide since LED solutions are a cool running (temperature), energy efficient, light source with an adequate quality of light giving increasingly accepted color rendition and “natural” skin tones. This LED technology is not just limited to large panels of light but is also available in small, portable, battery-operated units that could be attached to video cameras that are currently available. 

New LED-based professional production lights are designed to meet the needs of demanding videographers.  LED technology is a strong competitor to other light source technologies, due to its reliability, light quality, durability (rugged), and rapid on/off features (and several other benefits) of LED lighting in professional production applications.

Some examples of video/motion professionals that specify and use LED lighting include steady-cam operators; Cinematographers; Operators, television, video, and motion picture camera; News camera operators; Motion picture camera operators; Electronic newsgathering operators; Video camera operators; Film and video editors; Camera operators, television, video, and motion picture; Video editors; ENG operators; Studio camera operators, others.

Broadcast studio camera operators work in a broadcast studio and usually videotape/ digital record their subjects from a fixed position. News camera operators, also called electronic news gathering (ENG) operators, work as part of a reporting team, following newsworthy events as they unfold. To capture live events, they must anticipate the action and act quickly.  Television, video, and motion picture camera operators usually acquire their skills through formal postsecondary training at film schools, colleges, universities, or photographic institutes; therefore, LED lighting manufacturers should consider these institutions in their marketing efforts.

The sales and distribution of LED-based professional production lights are typically aimed at:

•           Rental Companies

•           Lighting Designers

•           Lighting Engineers and Specifiers

•           Content Production Companies

•           Venue/locations (Stadiums, Arenas, Other)

 

In this global market forecast study report of LED-based professional production lights used in the television/broadcast, videography, and motion picture/film industry sectors, nearly 80 companies, which compete in this sector, are profiled. 

 

LED professional production lighting, which is used for General Lighting purposes, but with primary concern to accommodate the parameters of High Definition (HD) or other related production concerns for broadcast/TV, motion pictures, or videography illumination, is covered in this market forecast. The major market potential for these general lighting/production lights is in sports arenas and stadiums that prefer lighting, which are compliant with slow-motion and/or high-definition television standards.

 

The broadcast/television, motion pictures, and professional videography industry sectors employ professional camera operators in the United States and worldwide. Independent television stations, local affiliate stations of television networks or broadcast groups, large cable and television networks, or smaller, independent production companies, employ camera operators. There also are a large number of self-employed camera operators and film editors. Some self-employed camera operators, contract with television networks, documentary or independent filmmakers, advertising agencies/commercials, or trade show or convention sponsors to work on individual projects for a set fee, often at a daily rate. 

 Larger square or rectangle (shape) LED lights, which also include linear or tube led in consumption value last year in 2022 with nearly 50 percent in relative market share versus the other LED light categories.  The average selling prices (ASPs) for smaller devices are significantly less than the larger fixtures.

 In terms of volume (number of units), the smaller units currently hold the market share lead; however, because of their relatively low average selling price (ASP) compared to the larger-sized units, they have a lesser market share in terms of value.

The worldwide value of LED-based production lighting in the Television/Broadcast segment was $234.8 million in 2022, compared to $112.5 million in the Motion Picture category and $46.8 million in the Videography industry segment.

 TV/Broadcast stations worldwide continue to retrofit their studios with LED-based production lights, to improve the picture quality with the new HDTV-based requirements.  Also, other benefits of LED lighting versus the incumbent lighting, include consumption of less electrical power and quiet operation (no fan required), as well as ‘flicker-free” operation. Also, LEDs not only use less energy, but less air conditioning is also required in the studio since the heat generated by LED lights is negligible.

 LED production lights in the motion picture/film category are driven by requirements for lighting effects and set lighting, mainly because of their 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.

 This market forecast report is available immediately from ElectroniCast or authorized agents worldwide. For detailed information on this or other services provided by ElectroniCast, please contact Stephen Montgomery at --                                                      montgomery@electronicast.com                                                                           

 Founded in 1981, ElectroniCast - 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.

 

 

 

10-Year Market Forecast – Fiber Optic Sensors (2022-2032)

March 21, 2023 -- ElectroniCast Consultants, a leading market/technology forecast consultancy, today announced the release of their market forecast and analysis of the global consumption of Fiber Optic Sensors.  The market forecast data is presented and segmented into two main sections:

           

• Fiber Optic Point (Local) Sensor: Complete Unit
• Distributed Fiber Optic Sensor (Continuous and Quasi): System Channel Line

 

Fiber Optic Point Sensor – Global Market Forecast -    During the 2022-2032 timeline, ElectroniCast is forecasting that the consumption (use) value will increase from $1.297 billion to $2.045 billion.[1]  (Each Point sensor is counted as one complete component unit, which may also include interconnecting devices and immediate enclosure or casing).

 

Compared with other types of sensors, fiber-optic sensors exhibit a number of advantages:

 

• They consist of electrically insulating materials (no electric cables are required), which makes possible their use in high-voltage environments.
• They can be safely used in explosive environments, because there is no risk of electrical sparks, even in the case of defects.
• They are immune to electromagnetic interference (EMI), even to nearby lightning strikes, and do not themselves electrically disturb other devices.
• Their materials can be chemically passive; therefore, do not contaminate their surroundings and are not subject to corrosion.
• They have a very wide operating temperature range (much wider than is possible for many electronic devices).
• They have multiplexing capabilities: multiple sensors in a single fiber line can be interrogated with a single optical source.

 

Distributed Fiber Optic Sensor System – Global Market Forecast - According to the just-completed study, during the 10-year timeline, the worldwide consumption value of the combined use of Continuous- and Quasi-continuous Distributed fiber optics sensor system channel lines is forecasted to increase from $5.109 billion in 2022 to $11.369 billion in 2032. Market forecast data in this study report refers to consumption (use) for a particular calendar year; therefore, this data is not cumulative data.

Types of Distributed Fiber Optic System Lines qualified in this market study:

Continuous Distributed sensing (optical fiber line used in a system) provides continuous, real-time measurements along the entire length of a fiber optic cable; continuous distributed sensing does not rely upon manufactured sensors but utilizes the optical fiber. The Continuous Distributed sensing links are segmented by the following technology types: Interferometric; Raman scattering (Raman effect); Brillouin Scattering.

 

Quasi-continuous Distributed sensing (optical fiber line used in a system) utilizes Fiber Bragg Gratings (FBGs), which have been employed as sensing elements where dense (closely-spaced) sensing points are required, and the FBGs are multiplexed with various methods. 

This market forecast report is available immediately from ElectroniCast or authorized agents worldwide. For detailed information on this or other services provided by ElectroniCast, please contact Stephen Montgomery at email  montgomery@electronicast.com

 

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[1]  All values and prices in this report are at factory as-shipped levels, and are in current dollars, which include the effect of a forecasted 5 percent annual inflation rate over the forecast period.

Human Centric Lighting (HCL) Market Forecast

 Human Centric Lighting (HCL) Market Forecast -

Global use of selected modules and devices in HCL reached $1.503 billion in 2021

June 23, 2022 -- ElectroniCast Consultants, a leading market and technology consultancy, today announced the release of their market study and forecast for the use of LED light engines, lighting management LED Drivers control interface modules/devices (DALI, DMX, other), lighting sensors, switches, dimmers units, and other control units that are initially and primarily used with Human Centric Lighting (HCL) as the primary objective and initial consideration. According to the consultancy, the worldwide consumption value of specified modules/devices in solid-state lighting (SSL), which includes LEDs currently and eventually OLEDs, for the initial and primary purpose in Human Centric Lighting (HCL), reached an estimated $1.5 billion in 2021. The use of these devices/modules is forecasted to increase to slightly over $5.0 billion in 2026 and eventually reach nearly $11.3 billion in 2031.  

This market forecast report is available immediately from ElectroniCast or authorized agents worldwide. For detailed information on this or other services provided by ElectroniCast, please contact us at our website.

Founded in 1981, ElectroniCast - https://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.

Film and Video Professional Production LED Lighting Global Market Forecast & Analysis 2021-2031

April (2022) -
According to a new market forecast report from ElectroniCast, the global consumption of LED professional lighting lamps/fixtures reached $331 million in 2021. During the forecast period, the value of the LED fixtures with lamps is expected to increase to $550 million in the year 2031. Market forecast data in the study report refers to consumption (use) for a particular calendar year; therefore, this data is not cumulative data.

The worldwide value of LED-based production lighting in the Television/Broadcast segment reached $206 million in 2021, compared to nearly $89 million in the Motion Picture (film) category and the remainder in the Videography industry segment. The TV/Broadcast industry sector is continuously challenged with expenditure reduction, due mainly to the decline in advertisement revenue; however, paid subscription-based TV, supplements the television sector in terms of upgrades in lighting.
 
High-performance TV/Broadcast cameras require professional-grade lighting to achieve the highest expectations for Slow Motion and High Definition (HD) TV standard-based production; therefore, along with the goal of energy efficiency, LED-based lighting is proving to be the next-generation winning technology choice for use in sports arenas and stadiums.

TV/Broadcast stations worldwide continue to retrofit their studios with LED-based production lights, to improve the picture quality with the new HDTV-based requirements. Also, other benefits of LED lighting versus the incumbent lighting are the consumption of less electrical power, since LEDs use less energy, and also less air conditioning is required since the heat generated by LED lights is negligible.

LED production lights in the motion picture/film category are driven by requirements for lighting effects and set lighting, mainly because of their 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.

https://electronicast.com

Optical Time Domain Reflectometer (OTDR) Market Forecast (Published February 25, 2022)

 Global use of handheld OTDRs and associated devices reach $480.2 million in 2021… 

 

February 25, 2022 -- ElectroniCast Consultants, a leading market and technology research consultancy addressing the fiber optics communications industry, today announced the release of their annual market forecast of hand-held OTDR fiber optic test devices. The new report provides a 10-year forecast of the worldwide market for handheld OTDRs and multiple-test units (platforms) using OTDR modules, as well as supplementary/secondary (add-on) OTDR-based modules.

 An Optical Time Domain Reflectometer (OTDR) is a fiber optic test instrument used as a troubleshooting device to find faults in the optical fiber link.

 According to ElectroniCast Consultants, the estimated global consumption value of handheld OTDR devices (dedicated-handheld or modular solutions) and “add-on” (supplementary) OTDR modules in 2021 was $480.22 million.  The consumption value is forecast to increase 4.45 percent annually, during the 1st-half of the forecast period to reach $597.04 million in 2026; and increase further to $680.7 million in the year 2031, with rising quantity growth partially offset by a decline of average selling prices.  All values and prices in this report are at end-user levels and are in current dollars, which include the effect of a forecasted 5 percent annual inflation rate over the forecast period.    

The Asia Pacific region (APAC) held the leadership position in relative market share of worldwide consumption value, last year.  Europe, in 2021, represented a 22.8 percent relative market share of the worldwide consumption value.  Europe's consumption value is forecast to increase at a relatively constant pace throughout the forecast period. The North American region (U.S.A., Mexico, and Canada) had an estimated consumption value of $157.9 million in 2021.

The Rest of the World region (including Central/South America, Africa, and the Middle East) is forecast for an increase (value) movement during the 1st-half (2021-2026), at 11.05% per year, and then increases during the 2nd half at a forecasted nearly 6% annually during the 2nd-half (2026-2031). Note: Market forecast data in this study report refers to consumption (use) for a particular calendar year; therefore, this data is not cumulative data.