iSuppli puts total LED market at more than $4.5 billion in 2004
A new report from iSuppli indicates that the LED market grew by more than 30% in 2003.
2004 was the first year in which shipments of high-brightness LED chips exceeded those of standard brightness devices, which are used in indicator lamps, small displays and infrared transmitters.
The ultra-high brightness market segment will see the most rapid growth over the next several years, says Rebello.
The report examines the major application segments for LEDs; established applications for standard brightness devices; traffic signals; interior and exterior lighting in cars, trucks and buses; large screen and moving message visual displays; decorative lighting; LCD backlighting; cell phone keypad and flash lighting; and general lighting.