Market studies

Oct. 1, 2004
Updated June 2006

Latest news

September 2006: Market research: LEDs to top $10 billion in 2011…and more
BCC predicts a total LED of $10.6 billion by 2011, Strategies Unlimited has released a new report on the market for substrates for GaN-based device growth, and Freedonia says the US lamp market will exceed $12.6 billion in 2010.

June 2006: Strategies Unlimited report identifies "healthy" growth in LED market

June 2006: Solid-state lighting set to boost LED growth
Emerging high-volume applications such as solid-state lighting and automotive headlights will drive vigorous growth in the LED market, according to Rob Lineback of IC Insights, who has some interesting suggestions for standards development.

May 2006: Strong growth expected for LEDs in displays and illumination
Display backlighting and illumination will drive growth in the HB-LED market, and automotive applications will also flourish.

March 2006: 2006 LED projection systems report from Insight Media

February 2006: Sharp slowdown in HB-LED market growth
Despite stronger-than-expected sales of mobile phones in 2005, the market for high-brightness LEDs grew just 8%.

February 2006: Market report - projection market reinvigorated by new LED and laser sources

November 2005: Report says HB-LED market to reach $10.8 billion by 2010

August 2005: LEDs to achieve slow penetration in general illumination
iSuppli predicts growth of more than 50% in the market for LEDs in general illumination.

August 2005: HB-LED market growing at healthy rate of 10-15% per year
The market for high-brightness LEDs will almost double in the next five years, according to Strategies Unlimited.

Market studies

February 2005: Market update at Strategies in Light conference
* See LEDs Magazine article "LED market grew 37% to reach $3.7 billion in 2004 "

February 2005: * See LEDs Magazine article "ABI Research sees global LED industry divide"

September 2004: iSuppli report entitled "Solid State Lighting: Brighter LEDs Expand Illumination Applications"
* See also LEDs Magazine article "iSuppli puts total LED market at more than $4.5 billion in 2004"
* See also LCD backlighting continues to thrive as pricing pressure bites (December 2004)

September 2004: Intertech report entitled "LED Signage: Opportunities in Commercial Applications"
* See LEDs Magazine article "Promising markets emerge for LED signage"

July 2004: Frost & Sullivan report entitled "Analysis of the World Emerging LED Technologies Market"

March 2004: Strategies Unlimited report entitled "Asian Producers of High-Brightness LEDs (Taiwan, South Korea, China)"

February 2004: Market update at Strategies in Light conference
* See LEDs Magazine article "HB-LED market showed 47% growth in 2003"

December 2003: CIR report entitled "High-brightness LED Applications - What Customers Want: A Five-Year Forecast of OEM Buyer Requirements"
* See also Compound Semiconductor article "LED market to surpass $5.6 billion in 2008"

October 2003: Presentation at Intertech LEDs 2003 conference
* See LEDs Magazine article "Backlighting drives market growth in 2003"

July 2003: Strategies Unlimited report entitled "High-Brightness LED Market Review and Forecast - 2003"