Market research firm StrategiesUnlimited expects the overall LED industry market to exceed $11 billion in 2012. High-brightness LEDs will grow by 12% in 2008.
According to analysts at StrategiesUnlimited, the market grew 9.5% in 2007 to reach $4.6 billion. In the next five years, due to the acceleration of the growth of application products other than mobile phones, the overall LED market is expected to accelerate further. It is expected to have a compound annual growth rate of 20% in the next five years, while sales in 2012 are expected to climb to $11.4 billion.
StrategiesUnlimited expects that the largest LED application market in 2012 will be 44% for indicator lights and display panels (including LCD monitors, LCD TV backlights). In 2007, the main application market for LEDs was mobile phones, with a market share of 44%. In addition, global sales of solid-state lighting in 2012 will climb from $320 million in 2007 to $1.37 billion.
? Nearly half of the quality supervision and inspection lamps in Shaanxi failed. 2008-02-26
? Furniture store busy promotional lighting price increase is the most obvious 2008-02-26
? Fujian lighting supervision and inspection product sampling pass rate of 75% 2008-02-26
? The LED industry continues to warm up in the first quarter, manufacturers are optimistic 2008-02-26
? Lighting purchase should be based on their own style should not be blindly purchased 2008-02-25
? Beijing lighting market flat European lights into lighting protagonists 2008-02-25
1
Personal Tracker,Kids Tracker,People Tracker
GPS Personal Tracker Co., Ltd. , http://www.szgpstracker.com