Announcement – ElectroniCast Consultants Signage/Display LEDs Market Forecast - April 2015

Announcement

Signage & Professional Display LEDs Global Market Review & Forecast 2014-2019

This is the ElectroniCast review and forecast of worldwide use of Dual In-line Package (DIP), Surface Mount Diode (SMD), and Chip on Board (COB) packaged LED chips. The forecast for each type, in turn, is segmented the major signage/display types and into geographical region.

Announcement – ElectroniCast Consultants Signage/Display LEDs Market Forecast - April 2015

PUBLISHED IN APRIL 21, 2015 ELECTRONICAST CONSULTANTS SPDLED.0415

All data and other information contained in this report are proprietary to ElectroniCast and may not be distributed or provided in either original or reproduced form to anyone outside the client's internal employee organization, without prior written permission of ElectroniCast.

ElectroniCast, in addition to multiple client programs, conducts proprietary custom studies for single clients in all areas of management planning and interest. Other independent consultants, therefore, are considered directly competitive. ElectroniCast proprietary information may not be provided to such consultants without written permission from ElectroniCast Consultants.

Announcement – ElectroniCast Consultants Signage/Display LEDs Market Forecast - April 2015

FOREWORD

This is the ElectroniCast review and forecast of global market consumption of LEDs in selected signage and professional displays.

This market forecast of the consumption is presented Dual In-line Package (DIP), Surface Mount Diode (SMD), and Chip on Board (COB) packaged LED chips. The forecast for each type, in turn, is segmented the major signage/display types and into geographical region.

The information is presented in easy-to-follow illustrations and text. Profiles of selected manufacturers and related companies are provided. Light emitting diodes LED technology overviews, trends and analysis are presented. Terms, acronyms, and abbreviations used are defined.

We believe you will find this report useful for your planning of product and market development. Please contact us with any questions or comments.

Jeff D. Montgomery Stephen Montgomery Chairman and Founder President LED Project Manager

Announcement – ElectroniCast Consultants Signage/Display LEDs Market Forecast - April 2015

Signage & Professional Display LEDs Global Market Review & Forecast 2014-2019

Published: April 21, 2015 Text Pages: 592 Also Included: Excel worksheets and PowerPoint slides Fee: $4,400

The worldwide consumption of packaged light emitting diodes in signage and professional displays reached $2.011 billion in 2014. In the year 2019, consumption is forecast to reach $3.56 billion.

The consumption value in Dual In-line Package (DIP) LEDs is forecast to increase in value at over 20 percent per year; however, Surface Mount Diode (SMD) LEDs are forecast with negative growth as Chip-On-Board LEDs (COB) and Multiple-Chip COB LEDs (MCOBs) in signage and display applications are set for explosive growth.

DIPs are single-color; however, for use in digital boards they are often placed in a LED “block” that accommodates 2 or 3 DIPs together in 1-block when installed in a sign/display board tile. SMD and COB LEDs are often multiple-chip LEDs (3-in-1 Red/Green/Blue. The multi-chip LEDs are quantified (counted) as ONE LED, not three. In 2015, SMD LEDs holds the leadership position in consumption value; however, in terms of volume (quantity), the DIP category dominates the worldwide marketplace

The use of Chip-On-Board LEDs (COB) and Multiple-Chip COB LEDs (MCOBs) in signage and display applications is relatively new. Typically, COBs are considered the next-generation LED package technology for General Lighting applications; however, COBs are (now) finding there way into LED Channel Letter and Panel/Box signage, Back Lighting Units (BLUs) for LCD display screens, as well as R&D efforts and new product introduction in the digital signage/display applications.

Announcement – ElectroniCast Consultants Signage/Display LEDs Market Forecast - April 2015

This study report details the use of LEDs, segmented by the following package-type:

• Dual In-line Package (DIP) • Surface Mount Diode (SMD): Single/Multi-Chip • Chip on Board (COB)/MCOB: Single/Multi-Chip

The market forecast data are segmented by the following Applications (uses):

• LEDs Used in Digital and Open-Face Signage/Display • LEDs Used in Backlit Signage/Display • LEDs Used in Backlighting Professional LCD Display Screens

The market forecast data are segmented by the following functions:

• Consumption Value (US$, million) • Quantity (number/units: Million) • Average Selling Prices (ASP $, each)

The forecast for each type, in turn, is segmented into geographical region. The market data are segmented into the following geographic regions, plus a Global summary:

• America (North America, Central and South America) • EMEA (Europe, Middle Eastern countries, plus Africa) • APAC (Asia Pacific)

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 – Packaged LED Chips Level 3 - LED array; sign/display module, lamps Level 4 - LED sign, luminaire/fixture or display system

Announcement – ElectroniCast Consultants Signage/Display LEDs Market Forecast - April 2015

Information Base for the Market Forecast

Primary Research This market study is based on analysis of information obtained through mid-April 2015. ElectroniCast analysts performed interviews with authoritative and representative individuals in the LED lighting product manufacturing, LCD display screen manufacturing, and advertisement, mass transit and airport authorities, transportation/infrastructure, R&D, display and retail industry, government, and other. The interviews were conducted principally with:

. Engineers, marketing personnel and management at manufacturers of LEDs (chips, components, display screens and modules, lamps and fixtures), as well as other lighting technologies. . Design group leaders, engineers, marketing personnel and market planners at major users and potential users of LED and other lighting. . Other industry experts, including those focused on standards activities, trade associations, and investments.

The interviews covered issues of technology, R&D support, pricing, contract size, reliability, documentation, installation/maintenance crafts, standards, supplier competition and other topics. Customers and distributors also were interviewed, to obtain their estimates of quantities received and average prices paid. Customer estimates of historical and expected near term future growth of their application are obtained. Their views of use of new technology products were obtained.

Analysis The analyst then considered customer expectations of near term growth in their application, plus forecasted economic payback of investment, technology trends and changes in government regulations and funding/tax-break legislation/rules in each geographical region, to derive estimated growth rates of quantity and price of each product subset in each application. These forecasted growth rates are combined with the estimated baseline data to obtain the long-range forecasts at the lowest detailed level of each product and application. In analyzing and forecasting the complexities of the regional markets for light emitting diode products, it is essential that the market research team have a good and a deep understanding of the technology and of the industry. ElectroniCast members who participated in this report are qualified.

Secondary Research A full review of published information was also performed to supplement information obtained through interviews. The following sources were reviewed:

. Professional technical journals and papers . Trade press articles . Technical conference proceedings . Product literature . Company profile and financial information . Additional information based on previous ElectroniCast market studies . Personal knowledge of the research team.

Announcement – ElectroniCast Consultants Signage/Display LEDs Market Forecast - April 2015

Bottom-up Methodology ElectroniCast forecasts, as illustrated in the forecast data structure, are developed initially at the lowest detail level, then summed to successively higher levels. The background market research focuses on the amount of each type of product used in each application in the base year (2014), and the prices paid at the first transaction from the manufacturer. This forms the base year data.

ElectroniCast analysts then forecast the growth rates in component quantity use in each application, along with price trends, based on competitive, economic and technology forecast trends, and apply these to derive long term forecasts at the lowest application levels. The usage growth rate forecasts depend heavily on analysis of overall end user trends toward equipment usage and economic payback

Cross-Correlation Increases Accuracy The quantities of packaged LEDs, LED Driver ICs, LED materials/wafer/die/chips, LED Lamps and LED fixtures (luminaries) and other LED-based components, manufacturing processes/quality control/yields, and end-use products used in a particular application are interrelated. Since ElectroniCast conducts annual analysis and forecast updates in each LED component field, accurate current quantity estimates are part of the corporate database. These quantities are cross- correlated as a "sanity check".

ElectroniCast, each year since 2002, has conducted extensive research and updated their forecasts of several LED lighting categories. As technology and applications have advanced, the number of component subsets covered by the forecasts has expanded impressively. The calculation and analysis data spreadsheet technique is based upon input/output analysis, leveraging the quantitative consumption quantity, price and value of each item in each application at all levels to achieve reasonable quantitative conclusions.

About ElectroniCast

ElectroniCast, founded in 1981, specializes in forecasting technology and global market trends in fiber optics communication components and devices, as well providing market data on light emitting diodes used in lighting.

As an independent consultancy we offer multi-client and custom market research studies to the world's leading companies based on comprehensive, in- depth analysis of quantitative and qualitative factors. This includes technology forecasting, markets and applications forecasting, strategic planning, competitive analysis, customer- satisfaction surveys and marketing/sales consultation. ElectroniCast, founded as a technology-based independent consulting firm, meets the information needs of the investment community, industry planners and related suppliers.

Proprietary Statement

All data and other information contained in this data base are proprietary to ElectroniCast and may not be distributed or provided in either original or reproduced form to anyone outside the client's internal employee organization, without prior written

Announcement – ElectroniCast Consultants Signage/Display LEDs Market Forecast - April 2015

permission of ElectroniCast. ElectroniCast, in addition to multiple-client programs, conducts proprietary custom studies for single clients in all areas of management planning and interest. Other independent consultants, therefore, are considered directly competitive. ElectroniCast proprietary information may not be provided to such consultants without written permission from ElectroniCast Consultants.

Companies/Organizations mentioned in this study report –

Chapter 1

Electronics Maker Shine Shenzhen Comcreating Industrial Development Co., Ltd. Lyson Optoelectronics Co., Ltd. Panasonic Enterprise Solutions Company Shenzhen Lianjin Photoelectricity Company, Limited Lamar Advertising Company CBS Outdoor Digital Simone Giostra & Partners, Inc. Unilumin Group Co., Ltd. Dilu Technology (Shenzhen) Co Ltd™ Barco Data Display USA Inc Data Display UK Ltd Asayo Inc Shanghai Nenday Electronic New Technology Company, Limited Huasun Tech Radiant Opto-Elec Technology Co., Ltd. Aldridge Electrical Industries Pty Ltd Hanover Displays Limited GE Lighting Outdoor Signs Budget Lighting Inc. (BLI) HOLECTRON LEDtronics, Inc. Samsung LG Electronics NEC Nitride Semiconductors Company Limited eLite Optoelectronics Inc. Nichia Tecco Group Ltd ProPhotonix United States Department of Energy (DOE) Epistar Corporation Cree Incorporated Everlight Electronics Co. Ltd. Dow Corning Corporation

Announcement – ElectroniCast Consultants Signage/Display LEDs Market Forecast - April 2015

Chapter 2

Stocksigns OSRAM Opto Semiconductors Innovision LED Huazhong University of Science & Technology in China Direct Sign Wholesale Neway Lighting Co., Ltd. Samsung Electronics Co., Ltd.

Chapter 3

iSIGNS Inc. Energy Star (US Government) Daktronics Panasonic Corporation of North America Samsung Smart Monkeys, Inc NEC SignWire dot com Signs In A Minute HD Walls Xinelam Technology Company, Limited Swan EMS

Chapter 4

Meijo University, Nagoya, Japan and Nagoya University, Japan University of Southern California (USC) Samsung Electronics Department of Materials Science and Engineering, Yamaguchi University Nagoya University, Japan University of California, Santa Barbara, CA, USA BluGlass / Macquarie University GlacialTech Inc. Philips Lumileds Universal Display Corp. (UDC) OKSolar Infineon Technologies LEDtronics National Institute of Standards and Technology (NIST) Slovak University of Technology OnChip Devices LED Business Development Department, Mitsubishi Cable Industries, Limited Chonbuk National University, Republic of Korea Smithsonian/NASA Astrophysics Data System Photonic Devices Research Laboratory, Itswell Co., Ltd Sharp Kabushiki Kaisha; Sharp Microelectronics Nitek, Incorporated Chartered Semiconductor Manufacturing Ltd. OSRAM GmbH; Osram Opto Semiconductors Epistar LG Innotek Industrial Technology Research Institute (ITRI) SemiLEDs

Announcement – ElectroniCast Consultants Signage/Display LEDs Market Forecast - April 2015

GLOBALFOUNDRIES National Chiao Tung University Cambridge University UV Craftory Co Ltd Seoul Semiconductor RIKEN Advanced Science Institute Sensor Electronic Technology, Inc. (SETi) Army Research Laboratories (ARL) STMicroelectronics Research Triangle Institute (RTI) DARPA Compact Mid-Ultraviolet Technology (CMUVT) Institute of Physical and Chemical Research (RIKEN), Saitama University 3M Rensselaer Polytechnic Institute U.S. Department of Energy (DOE) Lehigh University, Bethlehem Institute of Solid State Physics, University of Bremen IBM Zylight LLC Intematix Corporation Hitachi Cable, Ltd. Lumex, Incorporated EL-SEED Corporation Japan Science and Technology Agency (JSTA) / (CREST) LumiSands

Chapter 5

AbstractAVR Acuity Brands Lighting, Inc. (ABL) ADATA Technology / ADATA Lighting Advanced Analogic Technologies, Inc. (AATI) Advanced illumination Advanced LEDs Limited Advanced Optoelectronic Technology, Inc. Aerospace Optics (VIVISUN) AESYS Incorporated AIXTRON AG Agiltron, Inc Albeo Technologies Inc Aldridge Electrical Industries Pty Ltd Alfalight, Incorporated Alien Energy - India Allegro MicroSystems, Incorporated Altair Engineering, Inc. (ilumisys) Aluwave AB American Bright Optoelectronics Corp. American DJ Group of Companies (ADJ) American Industrial Systems Inc (AIS) American Opto Plus LED Corp. Amka Greenergy Solutions Pvt. Ltd. Analog Devices Incorporated (ADI) Anton Bauer (Vitec Group) Apple Applelec Sign Components Ltd Applied Materials, Incorporated

Announcement – ElectroniCast Consultants Signage/Display LEDs Market Forecast - April 2015

Arima Optoelectronics Corporation (AOC) ARRI Group Asian Electronics Limited (AEL) Aspen Avionics Astronautics Atmel Corporation AUK Corporation AUO ams AG Automotive Lighting Reutlingen GmbH (Magneti Marelli) Avago Technologies (LSI Corporation) Avidyne Corporation Avlite Systems (Sealite Pty Ltd) AXT, Inc. Aydin Displays (Video Display Corporation) BAE Systems Bajaj Electricals Limited (BEL) Barco Bayer MaterialScience LLC BioCare Systems Bivar, Inc. BluGlass Bridgelux, Inc Bright View Electronics Company, Limited Britech Limited Carclo Optics (Carclo PLC) Carl Zeiss MicroImaging Inc. Carmanah Technologies Corporation (Lightech Electronic Industries Ltd.) CEMA Electric Lighting Products China Electric Manufacturing Corporation (TOA) CITIZEN ELECTRONICS Company, Limited Code Mercenaries Comsight Technology Company, Limited Cool Lights USA Cooper Lighting Cree Inc. CRS Electronics Inc Crystal IS Inc. Cyberlux Cypress Semiconductor Corporation Dalian Luminglight Co., Ltd. DDP Engineered LED Solutions (Data Display) Delta Electronics, Inc. Dialight Solid State Lighting DiCon LED Digital Systems Engineering dilitronics GmbH Diodes Incorporated Diomedics, Inc. Dionics Inc. Dixon Tecnology DOMINANT Semiconductors Dot Metrics Dowa Holdings Company, Limited Dow Corning Electronics EaglePicher Technologies, LLC

Announcement – ElectroniCast Consultants Signage/Display LEDs Market Forecast - April 2015

Eastman Kodak EcoSense Lighting eGismos Corporation Limited (EOREX) eldoLED B.V. ENDO Lighting Corporation Energy Focus, Incorporated (Fiberstars) Epi-Light Limited Epistar Epitech Technology Corporation Esterline CMC Electronics Eurotech (Parvus) Everlight Electronics Company Limited Evident Technologies Exar Corporation Fairchild Semiconductor FLEx Lighting Flextronics (Solectron Corporation) Formosa Epitaxy Incorporation (FOREPI) Freescale Semiconductor Incorporated Future Lighting Solutions Gardasoft Vision GE Aviation GE Lumination (GELCORE) General Electric Company Gentex Corporation GK Technik GlacialLight Inc Global Foundries Goodrich Corporation Guangzhou Lovely Lighting Co., Ltd (Hong Kong Lovely Lighting Co., Ltd.) Hangzhou z-light Optoelectronic Co., Ltd. Harvatek International Havells India Limited Hella-New Zealand Limited Highlink Technology Corporation (Emcore Corporation) High Power Lighting Corp. (HPLighting) Hitachi Cable, Limited Honeywell Aerospace Honeywell International Inc Holectron HPL Group – India Hubbell Lighting Inc. / Precision-Paragon [P2] IBM Illumitex Incorporated Independence LED Lighting Infineon Technologies AG Innovalight Innovative Solutions & Support (IS&S) Intematix Corporation Intersil Corporation IRIS Ohyama IWatt, Incorporated JM Solid-State Lighting Limited (Jiuzhou Electrical Group) Johnson Controls - National Energy Services (NES) JSJTEK Company, Limited (Bichury) Kenall Manufacturing Company

Announcement – ElectroniCast Consultants Signage/Display LEDs Market Forecast - April 2015

Keselec India Private Limited Keyence Corporation Khatod Optoelectronic Srl Kingbright Elec. Co., Limited Kino Flo KLA-Tencor Corporation Koito Manufacturing Co., Limited Koizumi Lighting Technology Corporation Kopin Corporation Kyma Technologies Kyocera Corporation LedEngin, Inc. LED Smart Incorporated LEDnovation, Incorporated LEDtronics LEISO Lighting Leotek Electronics USA LLC (Lite-On Group) Lextar Electronics (AU Optronics) LG Innotek Light-Based Technologies Light Prescriptions Innovators (LPI) Lighthouse Technologies Lighting Science Group - LSG Linear Technology Lite-On Technology Corporation Litepanels Broadcast Lighting Division (Vitec Group) Lowel-Light Manufacturing LPA Excil Electronics LSI Industries (Avago Technologies) Lumex, Incorporated Luminator USA (FoCon in Europe) Luminus Devices Incorporated (Lightera/San'an Optoelectronics Co., Ltd.) Lumiotec Inc Lumitron Lusio Commercial and Industrial Lighting (LightWild) Mac 1 Industries Macroblock Incorporated Majantys Maxim Integrated Products Mitsubishi Electric Corporation Monolithic Power Systems, Incorporated Mornsun Power Nanocrystals Technology, L. P. Nanosys National Semiconductor NEC NEC LCD Technologies, Limited NeoPac Lighting Nexxus Lighting Nichia Nitek, Incorporated Nomadics, Incorporated North American Lighting, Incorporated NTL Electronics India Ltd., (NTL) Nualite Nuventix Incorporated

Announcement – ElectroniCast Consultants Signage/Display LEDs Market Forecast - April 2015

NXP Semiconductors Ocean Optics Once Innovations OnChip Devices ON Semiconductor Corporation Opto Diode Corporation (ITW Photonics Group) Optomistic Products Opto Technology Orb Optronix OSRAM Opto Semiconductors OSRAM SYLVANIA Oxford Instruments Oxley Group Limited Panasonic Corporation (Panasonic Semiconductor Company) Pegasus Associates Lighting PerkinElmer Incorporated Permlight Products, Inc. Peterson Manufacturing Company (Piranha® brand LED lights) Philips Lumileds Lighting Company Philips Solid-State Lighting Solutions – Color Kinetics Phlips - NXP (see separate NXP Semiconductors profile) Philips Lighting (TIR Systems) Philips Electronics (Royal Philips Electronics) Philips: Crescent/Stonco Supply Division (a Philips group brand) PhosphorTech Corporation Pixi Lighting LLC Power Analog Microelectronics, Inc. (PAM) Power Integrations ProPhotonix (Stocker Yale) Quantum Devices Incorporated QD Vision RAB Lighting Incorporated Radiant Displays RECOM Electronic GmbH Renesas Electronics Corporation (former NEC Electronics) Ricoh Company, Ltd. Rockwell Collins ROHM CO., LTD (Lumiotec Incorporated; ROHM Semiconductor) Rosco Laboratories San'an Optoelectronics Co., Ltd. Sagem Avionics Saint-Gobain Abrasives, Incorporated Samsung Corning; Samsung LED Co., Ltd; Samsung Electro Mechanics Corporation Samudra Electronic System Pvt. Ltd. India SCHOTT Scrimsign Microelectronics Limited Seesmart, Incorporated Seiwa Electric Mfg Co., Limited SemiLEDs Semtech Corporation Senslite Corporation Sensor Electronic Technology, Inc. (SETI) Seoul Semiconductor Shandong Inspur Huaguang Lighting Co., Ltd Shanghai Kepsun Optoelectronics Co., Ltd. Sharp Electronics Corporation

Announcement – ElectroniCast Consultants Signage/Display LEDs Market Forecast - April 2015

Sheenly Corporation Shenzhen Bang-Bell Electronics Company, Limited Shenzhen Chip Optech Company, Limited ShenZhen JingHua Optoelectronics Company Limited Shenzhen Mason Technologies Co., Limited Silicon Touch Technology (SiTI) SloanLED Solomon Systech Limited Stanley Electric Co., Limited Steinel STMicroelectronics Streetlight Intelligence Incorporated (SLQ) Sumitomo Electric Industries, Limited (SEI) SunLED SunSun Lighting Supertex Incorporated Super Vision International (Nexxus Lighting) Surya Roshni Limited, India Switronix, Inc. Tatung Company TD Light Sweden AB (Ahlström Capital) Tekcore Co. Limited Terma A/S Texas Instruments Incorporated (TI) Thales The LED Light. Com Thorn Lighting (Zumtobel Group) 3M T/J Technologies TopGaN Limited Toshiba Corporation Toyoda Gosei Co., Limited Translec Ltd TT electronics Optek Technology Tyco Electronics (TE Connectivity Ltd) Tyntek Corporation Unity Opto Technology Universal Avionics Universal Display Corporation (UDC) UPEC Electronic Corporation VarTech Systems Veeco Instruments VELscope VIN LED Lighting (Vishal Group) Vishay Intertech Visioneered Image Systems Inc (VIS) Volpi Vossloh-Schwabe Optoelectronic GmbH & Co. KG (VS Optoelectronic) Panasonic Electric Works (PEW) WAC Lighting Waldmann Lighting Wavien, Inc. Waytronx, Inc WDM Lighting Xiamen Changelight Xicato

Announcement – ElectroniCast Consultants Signage/Display LEDs Market Forecast - April 2015

Xilver B.V ZAP grupe Ltd. Zhuhai PN Power Electronic Technology Co., Ltd ZMDI (Zentrum Mikroelektronik Dresden AG / ZMD AG) Zumtobel Group Zylight LLC Zytek LED (Zytech Group)

Chapter 7

American National Standards Institute (ANSI) Entertainment Services and Technology Association (ESTA) United States Institute for Theatre Technology (USITT) Illuminating Engineering Society of North America (IESNA) Energy Information Administration (EIA) Institute of Electrical and Electronics Engineers (IEEE) Konnex Association Victor Lighting ABB Bosch Jung Scenic America Miele & Cie KG ON Semiconductor Schneider Electric Industries S.A. Siemens Uponor Corporation Outdoor Advertising Association of America (OAAA) Occupational Health and Safety Administration (OSHA) Nationally Recognized Testing Laboratories (NRTL) CSA (Canadian Standards Association) ETL Testing Laboratories Incorporated Factory Mutual Research Corporation MET Laboratories UL (Underwriters Laboratories Inc.) United States Testing Co. Inc. C-UL (Underwriters' Laboratories of Canada)

Announcement – ElectroniCast Consultants Signage/Display LEDs Market Forecast - April 2015

Table of Contents

1. Executive Summary 1.1 Overview 1.2 Unpackaged and Packaged LEDs – Overview 2. Market Forecast By Package-Type 3. Market Forecast By Sign/Display Type 4. LEDs – Technology Overview 5. Profile Briefs of LED and Related Companies (316 Companies) 6. ElectroniCast Market Research Methodology 7. Definitions and Standards 7.1 Acronyms, Abbreviations, and General Terms 7.2 Lighting Standards and Protocols 8. ElectroniCast Market Forecast Data Base Explanation of Excel-Based Spreadsheets 8.1 Overview 8.2 Tutorial

Addendum

- Excel Data Base Spreadsheets (Global Market Forecast) o Detailed Data: ASP ($, each); Quantity (Million); Value ($, Million) for all Regions - Power Point Market Data Figures (Global Market Forecast)

– List of Tables –

1.1.1 Signage & Professional Display LEDs Global Forecast, By Region ($Million) 1-2 1.1.2 Signage & Professional Display LEDs Global Forecast, DIP, SMD, COB LED Package ($Million) 1-6 1.1.3 Signage & Professional Display LEDs Global Forecast, DIP, SMD, COB LED Package (Quantity) 1-7 1.1.4 Signage & Professional Display LEDs Global Forecast, By Digital, Letter/Box, LCD Display ($M) 1-10 1.1.5 Signage & Professional Display LEDs Global Forecast, By Digital, Letter/Box, LCD Display (Qty) 1-10 1.1.6 Consumer-Based Comparison – LED Displays vs. Incandescent Signs 1-11 1.2.1 Typical Luminous Efficacies for Traditional and LED Sources 1-55 2.1 Signage/Professional Display LEDs Global Forecast, By Package-Type (Value, Quantity, ASP) 2-14 2.2 Signage/Professional Display LEDs America Forecast, By Package-Type (Value, Quantity, ASP) 2-14 2.3 Signage/Professional Display LEDs EMEA Forecast, By Package-Type (Value, Quantity, ASP) 2-15 2.4 Signage/Professional Display LEDs APAC Forecast, By Package-Type (Value, Quantity, ASP) 2-15 3.1.1 Cost Comparison Table (Incandescent, Fluorescent, LED) 3-4 3.2.1 LEDs in Digital/Open-Face Signage Global Forecast, By Package-Type (Value, Quantity, ASP) 3-28 3.2.2 LEDs in Digital/Open-Face Signage America Forecast, By Package-Type (Value, Quantity, ASP) 3-28 3.2.3 LEDs in Digital/Open-Face Signage EMEA Forecast, By Package-Type (Value, Quantity, ASP) 3-29 3.2.4 LEDs in Digital/Open-Face Signage APAC Forecast, By Package-Type (Value, Quantity, ASP) 3-29 3.3.1 LEDs in Backlit Signage/Display: Channel Letters, Box/Panel Global Forecast (Value, Qty, ASP) 3-31 3.3.2 LEDs in Backlit Signage/Display: Channel Letters, Box/Panel America Forecast (Value, Qty, ASP) 3-31 3.3.3 LEDs in Backlit Signage/Display: Channel Letters, Box/Panel EMEA Forecast (Value, Qty, ASP) 3-32 3.3.4 LEDs in Backlit Signage/Display: Channel Letters, Box/Panel APAC Forecast (Value, Qty, ASP) 3-32 3.4.1 LEDs in Backlighting Professional LCD Display Screens Global Forecast (Value, Quantity, ASP) 3-34 3.4.2 LEDs in Backlighting Professional LCD Display Screens America Forecast (Value, Quantity, ASP) 3-34 3.4.3 LEDs in Backlighting Professional LCD Display Screens EMEA Forecast (Value, Quantity, ASP) 3-35 3.4.4 LEDs in Backlighting Professional LCD Display Screens APAC Forecast (Value, Quantity, ASP) 3-35 4.1 LED Color Variety – Selected Examples 3-11 4.2 LED Color Chart 3-13

Announcement – ElectroniCast Consultants Signage/Display LEDs Market Forecast - April 2015

– List of Figures –

1.1.1 Dual In-line Package (DIP) LED 1-3 1.1.2 Surface Mounted Device (SMD) LED 1-4 1.1.3 Chip-On-Board and Multi-Chip On Board (COB/MCOB) LED 1-5 1.1.4 Red/Green/Blue DIP-Type LEDs Group in Blocks within a Tile 1-8 1.1.5 Churchill Downs “Big Board” Video Screen 1-13 1.1.6 Outdoor Roadside Billboard LED Digital Display 1-15 1.1.7 USA Map/Location of their LED-based Digital Billboards 1-16 1.1.8 LED-Based Digital Advertising Board 1-17 1.1.9 LED-based Building Media Facade (New York) 1-18 1.1.10 Outdoors High Brightness LED Display Board 1-19 1.1.11 LED Display at the Olympics in Beijing 1-20 1.1.12 LED Display at the Winter Olympics in Russia (2014) 1-21 1.1.13 Sub SMT Full-Color Indoor LED Display 1-22 1.1.14 Transformable LED Display Screen 1-23 1.1.15 LED Display – Airport (Canada) 1-24 1.1.16 LED Display – Airport (France) 1-25 1.1.17 Indoor LED Sign [LED Sign Moving Message Display] 1-26 1.1.18 LED traffic Information Board (China) 1-27 1.1.19 LED Flexible Displays: Curtain/Drapery Walls 1-28 1.1.20 Flexibility of LED Soft Curtain Screen 1-29 1.1.21 LED-based Flip Dot Destination Signs 1-31 1.1.22 LED Destination Sign 1-32 1.1.23 Interior LED Destination/Information Sign 1-33 1.1.24 Back-Lit Signage Light LED System 1-36 1.1.25 Channel Lettering LED Back-Lit Signage 1-37 1.1.26 LED Back-Lit Signage 1-38 1.1.27 Illuminating Signs – LED Panel Lighting Technology 1-40 1.1.28 Neon Sign Technology and LED Channel Letters (Signage) 1-41 1.1.29 LED Modules for Large Size Channel Letters and Light Boxes 1-42 1.1.30 LED Tube Light for Backlighting Signs 1-43 1.1.31 LED-Based Professional LCD Display 1-44 1.1.33 Professional LED Large Screen Display 1-46 1.1.34 LED-Based Large Format Display with Premium Glass Coating 1-47 1.2.1 Diagram of a typical LED chip 1-48 1.2.2 Diagram of a typical LED chip 1-49 1.2.3 LED Chip Cross-Sectional Structure 1-50 1.2.4 Chip On Glass Cross-Sectional Structure 1-51 1.2.5 ESD Protection Diodes 1-52 1.2.6 Electrostatic Discharge Example 1-53 1.2.7 Chip-on-Board LED Technology 1-54 1.2.8 Single-die LED: 1000 lm at 100 lm/W at 3A 1-55 1.2.9 Four-die LED with Primary Optics 1-58 1.2.10 Example of LED Packaged Chip 1-59 1.2.11 Example of LED Packaged Chip 1-59 1.2.12 Example of LED Packaged Chip Surface Mount Variations 1-60 1.2.13 Example of LED Packaged Chip: Flux 1-61 1.2.14 Example of High Brightness LED Packaged Chip 1-62 2.1 DIP LEDS Assembled Separately on a PCB 2-2 2.2 DIP LEDS Assembled in Blocks on a PCB 2-3 2.3 6-lead Multi-Chip Red, Green, Blue SMD LED 2-5 2.4 Comparison of DIP and SMD LEDs on Display Boards 2-6 2.5 Example – Use of LED Modules in Channel Letter 2-8 2.6 COB LED Modules in Channel Letter Lighting 2-9 2.7 Signage/Professional Display LEDs Global Forecast, By Package-Type ($Million) 2-16 2.8 Signage/Professional Display LEDs Global Forecast, By Package-Type (Quantity) 2-17 2.9 Signage/Professional Display LEDs Global Forecast, By Package-Type (ASP, $ Each) 2-17 2.10 Signage/Professional Display LEDs America Forecast, By Package-Type ($Million) 2-19 2.11 Signage/Professional Display LEDs America Forecast, By Package-Type (Quantity) 2-20 2.12 Signage/Professional Display LEDs America Forecast, By Package-Type (ASP, $ Each) 2-21 2.13 Signage/Professional Display LEDs EMEA Forecast, By Package-Type ($Million) 2-22

Announcement – ElectroniCast Consultants Signage/Display LEDs Market Forecast - April 2015

– List of Figures – (Continued)

2.14 Signage/Professional Display LEDs EMEA Forecast, By Package-Type (Quantity) 2-23 2.15 Signage/Professional Display LEDs EMEA Forecast, By Package-Type (ASP, $ Each) 2-24 2.16 Signage/Professional Display LEDs APAC Forecast, By Package-Type ($Million) 2-26 2.17 Signage/Professional Display LEDs APAC Forecast, By Package-Type (Quantity) 2-27 2.18 Signage/Professional Display LEDs APAC Forecast, By Package-Type (ASP, $ Each) 2-28 3.1.1 Energy Cost Comparison for an Open/Closed Sign 3-2 3.1.2 Energy Cost Comparison for a Red/Green Signal 3-3 3.1.3 LED-Based Outdoor Digital Signage at Shopping Mall 3-4 3.1.4 Direct LED Backlight LCD Display Screen 3-10 3.1.5 82" Edge-Lit LED/LCD Display Screen 3-11 3.1.6 120-foot Long Multi-Panel LED Display at Los Angeles Airport 3-13 3.1.7 Narita International Airport Digital Signage (Japan) 3-16 3.1.8 LED Digital Signage at Rail Station (Japan) 3-17 3.1.9 LED Open-Face Sign 3-18 3.1.10 LED Traffic Signals 3-19 3.1.11 Neon versus LED Channel Letter Sign 3-20 3.1.12 Neon and LED Channel Letter Sign 3-21 3.1.13 Front - Lit LED Channel Letters 3-22 3.1.14 Backlit LED/ Reverse Lit Channel Letters 3-23 3.1.15 Backlit Led Channel Letters Illuminated Letter 3-24 3.1.16 LED Backlight Panel (Light Box Panel Sign) 3-25 3.1.17 LED Back Lighting For Advertising Signs 3-26 4.1 RPCVD Process Equipment 4-6 4.2 LED Chromatic Chart 4-12 4.3 Evolution of Research Emphasis During Technology Life Cycle 4-14 4.4 LED Chip: Metal Layer (Thin Film Technology) 4-20 4.5 Vertical LED Chip 4-21 4.6 AC LED Technology on a Wafer 4-22 4.7 Ultra High Bright LED Chip 4-23 4.8 LED Chip Design with Copper Alloy Thermal Conductivity 4-24 4.9 LED Chip Design – Sapphire vs. Copper Alloy 4-25 4.10 Ultra-Thin LED 4-27 4.11 Solid-State Lighting LED 4-28 4.12 LED Module with High Light Quality 4-29 4.13 LED Module with Low-Profile Rectangular Shape 4-30 4.14 Lumiramic Phosphor Technology: Thin Film Flip Chip (TFFC) technology 4-33 4.15 Next-Generation Light Emitting Diode Module 4-40 4.16 4-Leaded RGB LED 4-42 4.17 Basic Structure of a Deep-UV Light-Emitting Diode 4-46 4.18 Vertically Conducting Advanced LED Structure 4-47 4.19 AlGaInP LED Efficacy 4-49 4.20 Red Nitride Phosphors 4-51 5.1 LED Backlit Display 5-27 5.2 Rugged Touch Screen with NVIS Capability 5-44 5.3 High Performance Materials used for Functional Parts in LED Luminaires 5-46 5.4 Chip On Board (COB) LED 5-60 5.5 LED Module (LMR4 LED Module) 5-62 5.6 LED Lighting Military Solutions 5-65 5.7 LED Lighting in Railway Station 5-68 5.8 Worldwide Revenues 5-70 5.9 High Brightness LCD Display Screen 5-71 5.10 4-inch x 4.7-inch Round Light/Fixture 5-75 5.11 Dense Matrix LED / LED-Based Light Source 5-76 5.12 Silicone Encapsulant and Silicone Lens in LEDs 5-85 5.13 Silicone Products for LED Lamps 5-86 5.14 Silicone Products for LED Streetlamps 5-87 5.15 LED Technology Safelight Design 5-89 5.16 NVIS/LED Control Panel 5-98 5.17 Integrated Weapons Delivery System 5-99 5.19 Cockpit Modular Display/Panel 5-108

Announcement – ElectroniCast Consultants Signage/Display LEDs Market Forecast - April 2015

– List of Figures – (Continued)

5.20 Cockpit Large Area Display 5-109 5.21 Traffic Lamp LED 5-116 5.22 High Power LED Lamp 5-117 5.23 Surface Mount Type LED 5-118 5.24 Surface Mount Type LED 5-122 5.25 Exterior Aircraft LED Lighting 5-126 5.26 LED/CCD Barcode Readers 5-143 5.27 Surface-Mount Multi-layer Ceramic Packages 5-150 5.28 LED Linear Optical Array 5-151 5.29 Solid-State NVIS Lamps 5-169 5.30 Nanostructures Designed for Different Color Emission 5-177 5.31 LED Array Lighting – Lamp 5-185 5.32 Light-Measurement Device 5-195 5.33 SSL LED: Replacement for Halogen Lamp in Spotlights 5-202 5.34 Chip-on-Board LED 5-203 5.35 Direct LED Backlight LCD Display Screen 5-207 5.36 Assorted LED Lighting Profile Devices 5-211 5.37 Assorted LED Lighting Profile Devices 5-212 5.38 Assorted LED Lighting Profile Devices 5-213 5.39 Assorted LED Lighting Profile Devices 5-213 5.40 Federal Lighting Location Requirements for Buses 5-214 5.41 LED-Based Digital Billboard (Signage/Display) 5-228 5.42 Diagram of Backlight LED Drivers 5-229 5.43 Diagram of Multifunction Backlight LED Drivers 5-230 5.44 Diagram of White Backlight LED Drivers 5-231 5.45 Diagram White Backlight LED Drivers 5-232 5.46 Rotary Wing Aircraft Cockpit Display 5-234 5.47 Ultra-Thin LED 5-247 5.48 Chip on Board (COB) LED 5-250 5.49 Quality Management System in LED Manufacturing 5-252 5.50 Military and Harsh-Environment LEDs 5-276 5.51 LED Street Lights 5-291 6.1 ElectroniCast Market Research & Forecasting Methodology 6-3