PRTODAY / NewswireToday Free press release distribution service network

More news: Energy
Written by / Agency / Source: ElectroniCast Consultants

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

ElectroniCast Consultants Publishes High Brightness Light Emitting Diodes Global Market Forecast and Analysis - According to ElectroniCast, worldwide use of packaged HB-LEDs is forecast to increase by a factor of 6x over the next decade, reaching $69.7 billion in 2021 - ElectroniCastconsultants.com
ElectroniCast Consultants Publishes High Brightness Light Emitting Diodes Global Market Forecast and Analysis

 

NewswireToday - /newswire/ - Upper Lake, CA, United States, 2012/01/13 - According to ElectroniCast, worldwide use of packaged HB-LEDs is forecast to increase by a factor of 6x over the next decade, reaching $69.7 billion in 2021 - ElectroniCastconsultants.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

ElectroniCast Consultants, a leading market research consultancy, today announced the release of a just-completed market review and forecast of the global consumption of packaged High Brightness Light Emitting Diodes (HB-LEDs). The review of 2011 plus the market forecast (2012-2021) is presented for High Brightness LEDs with a lumens/Watt rating of 30 to 70 lm/W, as well as HB-LEDs with a lumens/Watt rating of over 70 lm/W.

According to ElectroniCast Consultants, the global consumption of packaged HB-LEDs in 2010 was $10.77 billion. In the year 2021, the worldwide consumption value is forecast to reach $69.7 billion (see Figure). Market forecast data in this study report refers to consumption (use) for a particular calendar year; therefore, this data is not cumulative data.

The market data are segmented into the following geographic regions, plus a Global summary:

• America (North America, Central and South America);
• EMEA (Europe, Middle Eastern countries, plus Africa);
• APAC (Asia Pacific).

The global HB-LED market is segmented into the following major application categories:

• Mobile/Portable Devices;
• Signage/Professional Displays;
• Solid-State Lighting – General Lighting;
• Stationary Signals (not used in or on vehicles);
• Automotive/Vehicle (automotive, ships, rail/train, planes, etc);
• Consumer-Level TV/Desktop Monitor Backlighting;
• Other/Miscellaneous (specialty, medical/science, test/measurement, etc).

The market data for HB-LEDs are also segmented by the following colors (type):

• Multiple-color multiple-chip packaged HB-LED;
• Red, Orange or Yellow single color packaged HB-LED;
• Blue, Green, Ultraviolet (UV) or Other Color single color packaged HB-LED;
• White (WLED) packaged HB-LED.

Decreasing average selling prices (ASPs) is forecast to cause challenging growth patterns in consumption value in some application segments (categories). Because of this, some application categories are forecast for declining consumption values in the 2nd half of the forecast period (2016-2021); however, the volumes (quantity/number of units) in all categories are forecast for positive growth throughout the forecast period.

Use of HB-LEDs in Mobile/Portable Devices is forecast to remain a strong segment; however, OLEDs continue to take market share. The sector is relatively mature and it already has a substantial consumption value in 2012.

In terms of consumption value (quantity x prices = value), the use of HB-LEDs in the Automotive/Vehicle category is forecast to multiply by a factor of more than 2-times (2x) from 2011 to 2016.

The use of HB-LEDs in stationary (non-vehicle) Signals is forecast to increase at an average growth rate of (only) 5.5 percent from 2011 to 2016; consumption value of HB-LEDs in stationary signals is forecast to decline sharply due to offsetting price declines, as well as market saturation; however, in terms of volume (quantity/units), the segment is forecast for a slight increase during 2016-2021. Note: Signals used in vehicles are quantified in the vehicle application.

General Lighting provides the main illumination of an area. In this study, ElectroniCast (electronicast.com) provide the consumption data for 2011 as well as our market forecast for 2012-2021 of the packaged HB-LED (component) used for general lighting stationary applications, including interior and exterior decorative and functional lighting for residential, commercial and government areas (lighting for vehicles is included in the vehicle application category).

LEDs are used in both functional and decorative light fixtures, with an advantage of energy savings. Compared to incandescent lighting, LED-based solid-state lighting (SSL) delivers visible light with reduced heat. In addition, its solid-state nature provides for greater resistance to shock, vibration, and wear, thereby significantly increasing its lifespan.

The use (consumption value) of HB-LEDs in the Signage/Professional Display application is forecast to increase at an average annual rate of 22.1 percent from 2011 to 2016 and then increase at an impressive 35.9 percent per year (2016-2021). Consumption of HB-LEDs in “Other” or miscellaneous (non-specified) applications is forecast to reach $710 million in 2016, before decreasing during the 2nd half of the forecast period (2016-2021.

The use of HB-LEDs in backlighting of consumer-level TV/Desktop Monitors is forecast to maintain a strong market share (%) throughout the 1st-half of the forecast period (2011-2016), before slipping in market share during the 2nd-half of the forecast period (2016-2021), due to saturation in many markets as well as an increase in competition from OLEDs. Also, the number of white packaged light emitting diodes require in the back lighting unit (BLU) in the consumer-level LCD-TV (and desktop monitor) will decline, due to increased luminous efficacy and improvements (innovations) in supporting optics (components and packaging).

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: ElectroniCast Consultants

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Energy articles,
CATCH Visitors via Your Competitors Announcements!


ElectroniCast Consultants Publishes High Brightness Light Emitting Diodes Global Market Forecast and Analysis

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Theresa Hosking - ElectroniCastConsultants.com 
707-275-9397 thosking[.]electronicastconsultants.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any ElectroniCast Consultants securities in any jurisdiction including any other companies listed or named in this release.

Energy via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From ElectroniCast Consultants / Company Profile


Read Energy Most Recent Related Newswires:

Enel Signs Tax Equity Agreement for 300 MW Red Dirt Wind Project in the USA
GE’s Hornet Voltage Regulators Set to Swarm the Industrial Power Sector
Voith to Modernize Welsh Pumped Storage Plant Ffestiniog
GE Digital Production Manager MES Software Optimizes Paperless Manufacturing for Heavy Industrial Companies
Frost & Sullivan North America Summit to Provide Framework for Driving Oil & Gas into the Digital Age
aps Brings Battery Storage to Rural Arizona
High Growth Expected for Modular, Battery-based Energy Storage Systems as Utilities Target Energy Goals Finds Frost & Sullivan
Enel Group Completes Acquisition of Leading US-based Provider of Smart Energy Management Services EnerNOC
GE Signs 12-Year Agreement to Boost Help Reliability and Profitability at Daya Bay Nuclear Power Base in China
ABB Wins $30 Million Order to Strengthen Power Infrastructure in Iraq
New AREVA Signs A MOX Fuel Fabrication Contract with Japan
New AREVA’s EOS Dry Storage System Approved for Highest Heat-load Used Nuclear Fuel
ENGIE Leader of the 4th French Energy Regulatory Commission Solar Bidding with Nearly 100 MW Projects Awarded
Clarke Energy Chosen by APA to Supply GE’s Gas Engine Technology to Gruyere Gold Australian Mining Project
Invenergy and GE Renewable Energy Announce America’s Largest Wind Farm

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  NAKIVO, Inc.

Visit  S&A Capital Partner Ltd





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)