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Worldwide White Light Emitting Diode to Exceed 20 billion Units in 2008 Says New Report - Report Buyer has added a new report showing that the worldwide white light-emitting diode (LED) market is projected to exceed 20 billion units in 2008
Worldwide White Light Emitting Diode to Exceed 20 billion Units in 2008 Says New Report

 

NewswireToday - /newswire/ - London, United Kingdom, 2008/03/21 - Report Buyer has added a new report showing that the worldwide white light-emitting diode (LED) market is projected to exceed 20 billion units in 2008.

   
 
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Report Buyer, the online destination for business intelligence for major industry sectors, has added a new report showing that the worldwide white light-emitting diode (LED) market is projected to exceed 20 billion units in 2008. The market is driven in the short-run primarily by mobile phone handsets.

“LED Driver ICs: Application Drivers, Technology Developments & Product Introduction Trends” reports that the mobile phone handsets are currently the largest market for LEDs (and LED Driver ICs). It is anticipated that the mobile phone handset and notebook PC markets will swap positions in terms of market size around 2010. At that time, notebooks will become (temporarily) the largest market. Mobile phones will continue to grow, however, driven primarily by unit sales in Brazil, Russia, India and China. Price declines will affect revenue sales, with mobile phones shrinking in 2010 to about 60% of the market's size in 2005

The report shows that by using higher light-emitting efficiency and lower pricing, an increasing number of white LEDs are being used as backlight for notebook PCs, medium and large LCD TVs, and single-colour and full-colour outdoor signs. Further growth is expected to come from automotive applications, which are expected to see increased penetration in LED headlamps, as well as LEDs in interior lighting.

Authors of the report note that while handheld (primarily mobile phone handsets) applications are still the most-often targeted application segment, the dominance of the segment has declined significantly in the past three years. At the beginning of 2005, about 35% of all LED driver IC introductions were targeted at the handheld segment. By the end of 2007, the percentage had dropped to about 25%. While the actual number of driver ICs targeted at handheld applications has not dropped significantly, the overall market for LED driver ICs has grown.

The study further shows that the market growth is visible in the Medium- and Large-sized application segments which have maintained their relative market shares over the past three years. Overall, these segments have been growing at about the same rate as the market. Medium- and large-sized applications for LEDs are becoming the new growth driver for the industry. While handheld applications such as mobile phone handsets will continue to be important, they will be eclipsed in importance by new application segments.

“LED Driver ICs: Application Drivers, Technology Developments & Product Introduction Trends” is available from Report Buyer. For more information, see website.

Report Buyer product ID: DAR00005

About Report Buyer
Report Buyer is a UK-based independent online store supplying business information. The website now carries over 44,000 business information products, including market reports, studies, books and events. Subscribers receive a free monthly newsletter and email alerts on new titles in their areas of interest. A regularly updated blog provides information on the latest market trends.

 
 
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Worldwide White Light Emitting Diode to Exceed 20 billion Units in 2008 Says New Report

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