Taiwan analyst outlook LED Market

LED industry after 2006 will still maintain 2 digit growth, which Chinese and South Korea's LED industry will grow rapidly. Taiwan Corporation Taiwan Optoelectronics Association (PIDA) analyst Robert Su in the discussion LEDEX Japan 2005 "will do the above forecast.

According to Robert Su analysis, LED global market size in 2006 will increase by 10.9% compared with the previous year, $7 billion 465 million, $8 billion 270 million in 2007, $9 billion 292 million in 2008. From different regions, Japan and Taiwan will continue to maintain a high share of the market by 2008, while forecasting: "South Korea and China's growth rate will be very high."

For example, from 2005 to 2008 LED market growth rate forecast, compared with 1.31 times 1.22 times that of Japan, Taiwan, South Korea and China were 1.67 times, 1.87 times. In this way, the share of the global LED market in Korea and China will expand from 9.3% and 6.3% in 2005 to $11.2% and $8.5% in 2008. The share of Japan and Taiwan will be reduced from 45.8% and 17.5% in 2005 to $40.5% and $16.5% in 2008.