Electronicast market report on LEDs in solid-state general lighting
LEDs Used in Solid-State General Lighting
Global Market Forecast and Analysis (2010-2020)
ElectroniCast forecasts that the worldwide use of packaged LEDs in SSL General Lighting will reach nearly $13.4 billion in 2020…
Upper Lake, CA (USA) -- ElectroniCast Consultants, a leading market & technology forecast consultancy, today announced their 10-year market forecast of the worldwide consumption of packaged component-level light emitting diodes (LEDs) in solid-state lighting (SSL) General Lighting applications.
In 2010, the worldwide consumption value of packaged component-level LEDs, which are used in SSL General Lighting, reached $500 million. ElectroniCast forecasts that the consumption value will be nearly $13.4 billion in 2020 (see Data Figure).
According to the market study, the global consumption value of packaged component-level LEDs in solid-state lighting (SSL) General Lighting applications is forecast to reach $2.1 billion in year 2015, an average annual increase of 33.2 percent (2010-2015). ElectroniCast predicts faster overall growth in the second-half of the forecast period (2015-2020), at 44.9 percent per year.
“Worldwide market forecast data showing average selling price (ASP) over the 2010-2020 timeframe is also detailed in this report,” said Stephen Montgomery, president-International Business and principal analyst- LED Practice at ElectroniCast.
“The High-Brightness (HB) category also includes ULTRA-High Brightness (UHB) light emitting diodes. Ultra High Brightness LEDs (higher than 70 lm/W) prices have a substantial premium over the HB-LEDS and although currently there is a relatively small quantity of UHB-LEDs, as the use of UHB-LEDs increase, the overall affect shows the HB-LED category with an annual ASP increase (2010-2015). Otherwise, the trend is for decreasing in ASPs throughout the forecast period, as technology and production yield capabilities improve as well competition intensifies and sales channels improve driven by the fact that governments worldwide are pushing for energy-efficient general lighting,” he added.
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This 575-page market forecast report is available immediately from ElectroniCast Consultants (fee $4,800). For detailed information on this or other services provided by ElectroniCast, please contact Theresa Hosking, Marketing/Sales; firstname.lastname@example.org
ElectroniCast Consultants – 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.
… In 2010, the worldwide value of packaged LEDs, which are used in SSL General Lighting, was $500; ElectroniCast forecasts that the consumption value will be nearly $13.4 billion in 2020 (1). Note: Market forecast data in this study report refers to consumption (use) for a particular calendar year; therefore, this data is not cumulative data.
LEDs Used in Solid-State Light (SSL) General Lighting
Global Market Forecast (Value Basis, $Million)
SOURCE: ElectroniCast Consultants www.electronicast.com
(1) 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.
Theresa Hosking Vice President, Sales and Marketing ElectroniCast Consultants 9959 Old Orchard Lane Upper Lake, CA 95485 USA 707-275-9397