US research: LED bulb replacement lamp will become the main growth areas

The American market research firm Strategies Unlimited Robert SteELe led pointed out that in the lighting market has achieved great success, compared with an increase of 24% in 2009 2010, LED lighting market is expected to continue to maintain the momentum of growth, the growth rate will reach 32%. However, before the LED general lighting market has not really started, LED bulb replacement lamps will become the most important growth areas of the lighting market. Robert Steele predicts that in the next 5 years, the average annual growth rate of LED for lighting will reach up to 44%.

Strategies Unlimited Vrinda Bhandarkar believes that the market is highly fragmented, including many special applications, a large share of architectural lighting will occupy the market in the next few years, the current LED lighting applications still exist in small amount and high cost, product quality uneven situation. Prior to the LED general lighting market has not really started, LED bulb replacement lamp will become the most important areas of growth, followed by outdoor lighting. It is estimated that by 2013, the market share of bulb replacement lamps will be the largest part of solid state lighting (SSL) applications. Mass production will reduce costs, will withstand the downward pressure on prices, to maintain an increase in profits.