ElectroniCast: the next five years, LED lighting market will grow by two times

San San - November 27th news, a survey report from the United States ELectroniCast, high brightness LED devices will be contrarian growth in this recession. Market analysts said that in five years of solid state lighting LED chip will continue to grow. According to Electronicast, the revised survey report, lighting LED affected by the financial crisis rarely. Market growth trends of California consulting firm LED research group director Stephen Montgomery predicted the appearance and architectural lighting applications will dominate the SSL market, while small signs, internal lighting and professional lighting will grow rapidly. Montgomery believes that solid state lighting in 2007 with the LED market is $284 million, of which construction and exterior lighting accounted for 86%, by the year of 2013, lighting with LED will now be a factor of three, will be a $one billion industry. Building lighting will be the largest piece, but the share will be reduced to 2/3, that is $937 million. With the rapid growth of the market for LED lights, the same is true for internal lighting and other applications, such as in aviation, military and medical fields. The next president of the United States may be beneficial to the SSL industry, because of Obama before the election that environmental protection and efficient energy strategy, the U.S. Department of energy has funded many SSL technology project. There are 500 million ceiling spotlights each year (downlights) installed in the United States, if all changed into SSL, according to the current price will save $8 billion 400 million in electricity, the Department of energy Jim Brodrick officials believe that this is equivalent to 12 1000 MW power plant. According to the Department of energy's test, the LED ceiling light bulb saves about 80% of electricity than the traditional light bulb. The results will promote the popularity of garage and building LED lighting, Minneapolis's intercontinental highway will use SSL.