Strategies Unlimited forecast: 2009 high brightness LED market trends

In February 19, 2009, speaking US market research company Strategies Unlimited, Mr. SteELe held in Santa Clara in California city Strategies in Light meeting in 1999 that since the company announced the first high brightness LED (HB LED) market data, in 2009 the high brightness LED market may have a downward trend. Strategies in Light conference is sponsored by Pennwell, and by LEDs Magazine magazine as its flagship media sponsor.

2009 Strategies in Light exhibition is the tenth annual lighting strategy exhibition, Steele at the meeting made a historic review of the high brightness LED market, high brightness LED market in 1999 amounted to only $820 million.

Steele said that in 1999 to 2008, the high brightness LED market growth in 2008 has reached $5 billion 100 million.

The change trend of high brightness LED market is more obvious; the market growth of about 50% in 2000, from 2002 to 2003, mobile application market has become the strong driving force, but in 2001, as technology stocks fell into recession, the market is almost zero growth.

2005 growth rate fell below 10%, but after a gradual upward trend, compared with 2007, the market grew to 11% in 2008. However, in the fourth quarter of 2008 there are signs of a decline in the market, especially in the automotive and mobile applications.

2008 LED market sales growth of more than 25%, reaching 48 billion. Mobile device applications is still the largest application, compared with 9% of the market for lighting applications, mobile device applications accounted for the entire market of 43%.

Due to the addition of other mobile phone products appeared on the market (smart mobile phone, MP3 player, notebook computer, global positioning system (GPS), digital cameras, mobile devices) showed a positive growth trend in the first time since 2004 (8.3%). Not surprisingly, the market for 39% of the highest growth trend in the field of lighting applications.

In addition to lighting applications, other application prospects bleak

Steele said, looking to the future, for many LED terminal applications, the negative economic environment and bleak prospects show that in 2009 the high brightness LED market will have a low growth trend. "

Steele said, the market recovery time may be postponed until 2010, the only 'flash point' to the LCD TV backlighting, of course, including lighting. "

Strategies Unlimited expects LED penetration into the lighting market will continue until 2009, compared with the previous forecast of 35% growth rate, only a low growth of only 17%.

In the long term, the prospects for lighting applications are optimistic, Steele said, with the economic recovery, high brightness LED market will return to the right track.

Overall, the high brightness LED market is expected to decline by 5%. However, this includes a conservative prediction of LCD TV backlight growth trend. This application is the most uncertain factor in the LED market, excluding this application areas, other applications of the high brightness LED market will be reduced by 10% in 2009.

In the longer term, Strategies Unlimited is expected, if the economy can recover, then in 2010 the high brightness LED market growth will begin to recover. From 2008 to 2013, the compound average annual growth rate of 19.3%, in the year of 2013, the high brightness LED market will reach $12 billion 400 million.