Automotive interior lighting and other emerging applications to stimulate market demand, LED entered a period of rapid growth

ISuppli recently published research report pointed out that in 2007 the global light emitting diode (LED) sales growth rate is expected to reach 13.7%, much higher than the growth of 06 years, more than 05 years. In addition, iSuppli expects global LED sales in 2012 is expected to reach $12 billion 300 million, an estimated CAGR of 2006-2012 (CAGR) will reach 14.6%.

ISuppli pointed out that ultra high brightness (UHB) and high brightness (HB) application of LED in terms of lighting will be a major factor in the overall LED market growth, expected 2012 UHB LED accounted for the overall proportion of the LED market in 2005 will be 4% to 31%.

ISuppli analyst Jagdish RebELlo said that the solid-state lighting requirements of LED application on the mobile phone keyboard, screen backlight is still going strong, and the automobile interior lighting, large-size LCD TV and notebook computer backlight and other emerging applications market to stimulate demand to rise. In addition, the continuous progress of solid-state lighting technology is also expected to bring LED into interior decoration and architectural lighting applications.

Source: automotive electronics design