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On February 19, 2009, Mr. Steele, a US market research firm, Strategy Unlimited, delivered a speech at the Strategies in Light conference in Santa Clara, Calif., arguing that the company first announced high-brightness LEDs (HB LEDs) in 1999. After the market data, the entire high-brightness LED market may have a downward trend in 2009. The Strategies in Light conference is hosted by Pennwell and is sponsored by LEDs Magazine as its flagship media sponsor.
In 2009, the Strategies in Light show was the tenth annual lighting strategy show. Steele made a historic review of the high-brightness LED market at the conference. The high-brightness LED market reached only $820 million in 1999.
Steele said that from 1999 to 2008, the high-brightness LED market has grown, reaching $5.1 billion in 2008.
The trend of high-brightness LED market is more obvious; in 2000, the market grew by about 50%. From 2002 to 2003, the mobile device application market became a strong driving force, but in 2001, due to the recession of technology stocks, The market is showing almost zero growth.
In 2005, the growth rate fell below 10%, but it has gradually increased since then. Compared with 2007, the market grew to 11% in 2008. However, there were signs of a market downturn in the fourth quarter of 2008, especially in the automotive and mobile applications.
In 2008, LED market sales increased to more than 25%, reaching 48 billion. Mobile apps are still the largest app, and mobile apps account for 43% of the market compared to 9% of the market.
Mobile devices have shown positive growth for the first time since 2004 due to the emergence of products other than mobile phones (smartphones, MP3 players, laptops, global positioning systems (GPS), digital cameras) in the market (8.3%) . Not surprisingly, 39% of the market's lighting applications are showing the highest growth trend.
In addition to lighting applications, other applications are dim
Steele said that looking forward to the future, for many LED terminal applications, the negative economic environment and bleak prospects indicate that the high-brightness LED market will have a lower growth trend in 2009.
Steele said that the market recovery time may be postponed until 2010, the only bright spot is the backlight of the LCD TV, of course, including lighting.
Strategies Unlimited expects LED penetration into the lighting market to continue into 2009, with a 17% lower growth rate than the previous forecast of a 35% growth rate.
In the long run, the prospects for lighting applications are optimistic, Steele said, with the economic recovery, the high-brightness LED market will return to the right track.
Overall, the high-brightness LED market is expected to decline by 5%. However, this includes a conservative forecast for the growth trend of LCD TV backlights. This application area is the most uncertain factor in the LED market. Excluding this application area, other applications in the high-brightness LED market will be reduced by 10% in 2009.
In the longer term, Strategies Unlimited expects that if the entire economy recovers, then the growth of the high-brightness LED market will begin to recover in 2010. From 2008 to 2013, the compound annual growth rate is expected to be 19.3%. In 2013, the high-brightness LED market will reach 12.4 billion US dollars.
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1
In 2009, the Strategies in Light show was the tenth annual lighting strategy show. Steele made a historic review of the high-brightness LED market at the conference. The high-brightness LED market reached only $820 million in 1999.
Steele said that from 1999 to 2008, the high-brightness LED market has grown, reaching $5.1 billion in 2008.
The trend of high-brightness LED market is more obvious; in 2000, the market grew by about 50%. From 2002 to 2003, the mobile device application market became a strong driving force, but in 2001, due to the recession of technology stocks, The market is showing almost zero growth.
In 2005, the growth rate fell below 10%, but it has gradually increased since then. Compared with 2007, the market grew to 11% in 2008. However, there were signs of a market downturn in the fourth quarter of 2008, especially in the automotive and mobile applications.
In 2008, LED market sales increased to more than 25%, reaching 48 billion. Mobile apps are still the largest app, and mobile apps account for 43% of the market compared to 9% of the market.
Mobile devices have shown positive growth for the first time since 2004 due to the emergence of products other than mobile phones (smartphones, MP3 players, laptops, global positioning systems (GPS), digital cameras) in the market (8.3%) . Not surprisingly, 39% of the market's lighting applications are showing the highest growth trend.
In addition to lighting applications, other applications are dim
Steele said that looking forward to the future, for many LED terminal applications, the negative economic environment and bleak prospects indicate that the high-brightness LED market will have a lower growth trend in 2009.
Steele said that the market recovery time may be postponed until 2010, the only bright spot is the backlight of the LCD TV, of course, including lighting.
Strategies Unlimited expects LED penetration into the lighting market to continue into 2009, with a 17% lower growth rate than the previous forecast of a 35% growth rate.
In the long run, the prospects for lighting applications are optimistic, Steele said, with the economic recovery, the high-brightness LED market will return to the right track.
Overall, the high-brightness LED market is expected to decline by 5%. However, this includes a conservative forecast for the growth trend of LCD TV backlights. This application area is the most uncertain factor in the LED market. Excluding this application area, other applications in the high-brightness LED market will be reduced by 10% in 2009.
In the longer term, Strategies Unlimited expects that if the entire economy recovers, then the growth of the high-brightness LED market will begin to recover in 2010. From 2008 to 2013, the compound annual growth rate is expected to be 19.3%. In 2013, the high-brightness LED market will reach 12.4 billion US dollars.
Chen Yansheng: 2009 lighting companies can make two adjustments
[Wang Jinxi: Putting Pulse in 2009 Lighting Industry]
[Liu Shengping: The Pearl River Delta Lighting Industry Endangered Machine]
[ å¶æ™¯å›¾: High-power LED street light is coming to spring]
[ Rong Haolei: My Lighting Design Concept]
[ Ren Xuefei: A Brief Discussion on Chinese Lighting Designers]
[ Product Reviews: SIMES Underground Lights]
1
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