 | | San Jose Semaphore |
Opening the annual Strategies in Light event, held February 12-14 in San Jose, California, Bob Steele reported that the high-brightness LED market reached $4.2 billion in 2006. "The market will begin to move away from its current low-growth-rate phase in the next 1-3 years as new markets emerge," he said.
These market segments, including lighting, display backlights and automotive applications, will push the overall LED market to $9 billion in 2001, said Steele. For full details of Steele's presentation, see our article in the March 2007 issue of LEDs Magazine.
Ruedi Hug, managing director of Ledon Lighting GmbH in Austria, discussed success factors in accelerating the adoption of solid-state lighting into professional lighting markets. Ledon is a wholly-owned subsidiary of the Zumtobel Group and was established to focus solely on LED lighting.
Perhaps unsurprisingly for someone who runs an LED lighting company, Hug was positive about the prospects for SSL and estimated that, by 2021, SSL could replace up to 25% of the conventional lighting business.
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This article was published in the April 2007 issue of LEDs Magazine.
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