LED in the form of digital displays have been around since the 1990s, but it was not until the beginning of the 2000s that it started to become more commonplace. At this time, 10mm cost $60,000 per meter, controllers and accessories were costly as well, making it unaffordable to most companies. The lack of inventory created by the exorbitant cost created an expensive rental market.
In the past manufacturers were based in Europe and Japan without participation of the Chinese. Presently the Chinese dominate the global LED marketplace. Today, there are 100s of 1,000s of meters available. The tiles and accessories are lighter, easier to fix and priced considerably lower. Today 10mm can be purchased for around $1,800 per meter.
What does the future hold for you and me? LED is making strides with Chip On Board (COB) technology which creates a much more robust LED surface. Break throughs in cathode current technology are making the LEDs run cooler so you can increase brightness. This is especially advantageous for Outdoor tiles in direct sunlight, which are now available in 2mm high resolution. These developments were industry fantasies just a few short years ago. Where do you see LED heading in the future?