Strategies in Light Japan to be held October 16-17 in Tokyo
Strategies in Light, the leading event in the LED industry, is to run a new event in Japan this fall.
Strategies in Light, the leading event for the global LED industry, attracted over 1,000 attendees in 2008 and is the largest and longest-running event in the industry. Strategies in Light Japan, which will be held annually in addition to the original U.S. event, will bring new focus to the LED market in Japan, where there is a large number of LED manufacturers, LED users, and suppliers of equipment and materials to the LED industry.
Strategies in Light Japan will center on the worldwide market for high-brightness (HB) LEDs, including the systems that use the LEDs as well as the LEDs themselves. The HB-LED market was estimated at $4.6 billion in 2007, with a projected growth rate of 20% per year through 2012, reaching $11.4 billion. For more details, see our recent news item.
The value of the systems in which HB-LEDs are used (e.g. mobile phone displays, outdoor signs, automotive signals, lighting, etc.) are conservatively estimated to be in the range of $19-$24 billion in 2007, with a similar forecast market growth rate.
In addition to HB-LED manufacturers, SIL Japan will also attract companies that supply equipment, materials and chemicals to these manufactures. The size of this market is likely on the order of at least $2 billion. All elements of the HB-LED vertical supply chain are represented in Japan, ranging from substrates, to process materials and chemicals, to manufacturing equipment.
Robert Steele, Director of Optoelectronics Programs for Strategies Unlimited, who launched the original Strategies in Light in 2000, said “Japan has been a major source of HB-LED manufacturing, and in 2007 was estimated to have accounted for approximately 45% of the worldwide HB-LED supply. Japan is home to the world’s largest HB-LED manufacturer, Nichia Corporation, as well as 5 of the world’s top 10 HB-LED suppliers. Japan is also a large market for HB-LEDs, accounting for about $1 billion in HB-LED consumption in 2007.”
Jayne Gilsinger, Senior Vice President of PennWell, said, “The launch of Strategies in Light Japan reflects the trends that are occurring in the marketplace. LED products have become increasingly ubiquitous as they have penetrated a broad spectrum of markets which are impacting every aspect of our lives. Strategies in Light Japan will place increased emphasis on these exciting new products and technologies.”
In addition to gaining in-depth information about the newest products and technologies that are impacting the market, conference attendees will meet the key decision makers in the buying process, and participate in important strategic dialogue.
“Whether you are a supplier, an LED manufacturer trying to reach customers, an attendee looking for new product information, or a buyer exploring the latest technologies, Strategies in Light Japan can help you achieve your objectives,” said Bob Hodgson, General Manager of Strategies in Light.