ISuppli:2007 global LED sales will be the first double-digit annual growth rate, UHB LED to stimulate the growth of the main reason

Science and technology market research firm iSuppli 6, released a research report that is expected in 2007 Global light-emitting diode (LED) sales growth rate is expected to reach 13.7%, much better than the growth rate of the number of units in 06 years, 05 years. In addition, global LED sales are expected to reach $12 billion 300 million in 2012, 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 pointed out that the application of LED in solid state lighting needs of 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 the interior decoration and architectural lighting applications.

Source: Lean news