Date Announced: 02 Jul 2012 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), which are used in solid-state lighting (SSL) General Lighting applications. In 2012, the worldwide consumption volume (quantity) of packaged LEDs, in SSL General Lighting, is estimated to reach 4.6 billion units. ElectroniCast forecasts that the global consumption value of component-level (packaged) LEDs in solid-state lighting (SSL) general lighting applications will increase at 37 percent per year (2011-2016). The consulting firm is forecasting faster overall growth in the second-half of the forecast period (2016-2021), with an overall annual average growth rate of 51 percent.The use of packaged LEDs in residential, commercial and government exterior general lighting lamps (street, parking-lot, roadway-tunnels, bridges, landscaping, pool/fountain, buildings, architectural and other general lighting) applications, in 2011, represented nearly 90 percent share of worldwide consumption. However, ElectroniCast predicts that in the year 2021, the relative market share of component-level light emitting diodes (LEDs) use in exterior lamps is forecast to decrease significantly to 61 percent; however, increase in substantially in value. # # #This market forecast report is available immediately from ElectroniCast Consultants. For detailed information on this or other services provided by ElectroniCast, please contact Theresa Hosking, Marketing/Sales; [email protected] (Telephone/USA: 707/275-9397)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.According to ElectroniCast, only 10% of the LEDs used in General Lighting were attributed to Interior lamps in 2011; however, by 2021 the relative market share of LEDs in Interior lighting is forecast to reach 39%…
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Theresa Hosking Vice President, Sales and Marketing ElectroniCast Consultants 9959 Old Orchard Lane Upper Lake, CA 95485 USA 707-275-9397
E-mail:[email protected]
Web Site:www.electronicastconsultants.com
