High-Brightness LED Market to Reach $10.8 Billion by 2010, According to New Report

Nov 08, 2005, 00:00 ET from NanoMarkets

    GLEN ALLEN, Va., Nov. 8 /PRNewswire/ -- By 2010 the combined market for
 high-brightness LEDs (HB-LEDs) will enter a new phase of its evolution,
 according to a new report published jointly by industry research firms
 NanoMarkets and CIR. The combined market for standard HB-LEDs and the new
 ultra-high brightness LEDs (UHB-LEDs) will grow from $5.0 billion in 2006 to
 $10.8 billion in 2010 and reach $17.4 billion in 2013. Information about the
 report titled, "The Global Market for HB-LEDs" can be found at
 www.nanomarkets.net or www.cir-inc.com.
     -- UHB-LEDs appear. LEDs with an output greater than 250 lumens are being
        commercialized, making HB-LEDs a practical solution for many lighting,
        photographic and medical applications. In 2010 the market for UHB-LEDs
        alone will total $3.6 billion.
     -- General illumination taking off. General illumination will become the
        fastest growing application for HB-LEDs between now and 2010. By 2010
        much of the $3.6 billion in UHB-LEDs sold will be for general
        illumination applications, to which must be added an additional $860
        million in regular HB-LEDs.
     -- Displays and signage -- the OLED factor. Because of similar market and
        technical requirements, displays and signage represent a natural
        diversification for HB-LED manufacturers currently selling into the
        mobile phone market. Thanks to HB-LEDs, displays will be bigger and use
        less power. OLEDs are a wild card, since OLED displays and signage will
        not require HB-LED backlighting. By 2010, displays and signage will
        account for approximately $2.2 billion in HB-LED sales.
     -- Improved materials and production technology. The report claims that
        new developments in materials and production technologies will help
        drive cost points lower and quality higher. Among the areas discussed
        are the impact on HB-LEDs of silicon photonics, thin-film technology,
        nanotechnology and pure Gallium Nitride substrates, as well as the
        evolution of better packaging and fabrication technologies.
     About the Report:
     The report, "The Global Market for HB-LEDs," provides an analysis and
 eight-year (unit, volume and price) forecast of all major application segments
 for HB-LEDs. These include mobile appliances, LCD displays, automotive
 applications, traffic signals, signage and general illumination. It also
 analyzes new niche opportunities for HB-LEDs including automobile headlights,
 personal projectors, test and measurement equipment and various biomedical
 applications. A forecast for the entire LED market is also included with
 breakouts of HB-LED, UB-LEDs, standard LEDs and indicator LEDs. The report
 reviews the evolving strategies and market shares of companies in this market
 including not only market leaders -- such as Cree, Lumileds, Nichia, OSRAM,
 and Toyoda Gosei -- but promising start-ups and emerging players in Asia.
     Data for this report was collected from extensive interviews of leading
 companies throughout the entire value chain, from materials providers, to LED
 manufacturers, to OEMs. These interviews were carried out in Asia, Europe and
 North America, by a multinational team. An executive summary of the report is
 available by emailing press@nanomarkets.net or by registering on the
 NanoMarkets website at http://www.nanomarkets.net.
     About NanoMarkets:
     NanoMarkets analyzes the market opportunities and disruptions brought
 about by advances in technology at the micro and nano scale. Through its
 reports, white papers and customized client engagements, the firm provides
 clients with insightful analyses of both the commercial and technology-related
 issues that will determine where and how their business opportunities will
 emerge or be impacted.
     About CIR:
     CIR is a leading industry analyst firm specializing in the areas of
 communications and data networking systems, optoelectronic components and
 chips. Through its reports, market advisory services and custom client
 engagements, CIR provides insightful research, analysis and consulting
 services for its clients and the industry at large.

SOURCE NanoMarkets