2010 LED will be a large number of applications in the lighting market

Technology market research agency iSuppli issued a research report pointed out that the light emitting diode (LED) must have until 2010 is expected to become the angle to the general lighting market. The agency expects, LED applications in the global market size of general lighting material will reach $144 million in 2005, and in 2010 further increased to $875 million, compound annual growth rate of up to 52%. The agency pointed out that the development and popularity of high brightness LED and ultra high brightness LED (Ultra-High Brightness LED) will be an important key to the growth of the LED market. ISuppli analyst Jagdish Rebello pointed out that the majority of the current high cost of high brightness LED, brightness is too low, than the traditional light. He also said that the new LED into the manufacturing and packaging of the supply chain in Taiwan, Chinese and Korean manufacturers for market share, resorted to a positive price strategy, the price continues to decline. In addition, the main application of high brightness LED market (mobile phone LCD panel backlight) by the impact of wireless network mobile phone shipments slowed, growth has begun to slow down. According to iSuppli estimates, overall, in 2005 the global LED sales are expected to increase 11% to $5 billion 200 million. Global LED sales grew by 26% in 2004.