The HB LED market continued its slow growth phase in 2006. The market grew by 6% to $4.2 billion, primarily due to the continuing decline in the mobile appliance market. Mobile appliance applications once accounted for nearly 60% of the market but this figure is now down to under 50% despite an increase in handset shipments.
Other applications have taken up some of the slack, including solid-state lighting and automotive. In fact, the market without mobile appliances grew at an impressive 22% growth rate for 2006 showing the willingness of the industry to seek out new applications.
On the production side, high-power (0.5W+) LEDs were the fastest growing product line in 2006 with a growth rate of 43%.
To understand this dynamic market and its driving forces, Strategies Unlimited has completed a comprehensive report that looks at the demand side of the high-brightness LED market. The report includes an applications review, worldwide market review, five-year market forecast (units, revenues and by package and material type) and a supplier market share analysis.
Now in its 8th edition, High-Brightness LED Market Review and Forecast – 2007 is the most recent in a series of reports published on the LED industry by Strategies Unlimited.
Applications forecasted through 2011 include:
- Mobile Appliances, including backlights
- Signs (full color and single color)
- Displays (LCD TVs and monitors, projectors)
- Signals (including balls and arrows)
- Automotive Interior and Exterior Lighting (emergency vehicles, signaling, rear lighting, forward lighting, headlamps)
- Illumination/Solid State Lighting (includes nine applications forecasted)
- Electronic equipment/other
For a complete table of contents, visit the Strategies Unlimited website or contact Tim Carli, Sales Manager at +1 650-941-3438 x 23.
