ISuppli:LED industry is about to enter a new period of expansion

ISuppli believes that the LED industry is about to enter a new expansion period, the next three years will be more than two digit growth rate of more than 15%. This growth will result from more high brightness (HB) and high throughput LED into a new range of lighting applications. High pass LED also known as high power or ultra high brightness (UHB) LED.

In addition to ordinary lighting, LED has become the preferred light source for a variety of existing lighting applications, but also to promote the rapid growth of the market is an important factor. These lighting applications include automotive, transportation and street lighting, as well as mobile phones, personal navigation equipment, digital photo frames and cameras and other products in the small LCD display and keyboard backlight. The market has also benefited from the emergence of new applications, such as televisions, laptops and personal computer monitors large size LCD backlight and personal lighting.

In addition, LED has now begun to penetrate the general lighting market for residential and office buildings. According to forecasts, high brightness and high flux LED solid state lighting market growth rate in 2013 will be higher than the overall LED market. By 2013, the standard brightness LED traditional market to create revenue will decline by about 2.5%, while the high brightness LED market will grow by about $5 billion 400 million to $6.7%. High throughput LED market will grow by nearly 53% to about $7 billion 800 million.