FARMINGTON, CT, February 02, 2011 (Press-News.org) A new study from ElectroniCast anticipates that global consumption of high brightness LEDs (HB-LEDs) will reach a value of $46.05 billion in 2020. In 2010, the global consumption of packaged HB-LEDs stood at $10.09 billion.
Timing is everything in this market. According to Stephen Montgomery, Director of LED market research at ElectroniCast, "during the 2010-2020 timeframe covered in the ElectronicCast study report, decreasing average selling prices (ASPs) are forecast to cause challenging growth patterns in consumption value in some application segments; therefore competitors need to choose the right 'windows of opportunity' to climb through." Montgomery continued by remarking on the fact that since the report is looking as far as 10-years from now, "many of the future products for the 2020 marketplace are not even at the idea-stage yet. It is important to note that [ElectronicCast] forecast lighting demand growth, which will drive demand for increased capability/capacity HB-LEDs."
Major findings:
In terms of consumption value, use of HB-LEDs in the vehicle category is forecast to multiply by a factor of 7 times before eventually slipping in value; declining average prices will be offset rising quantity growth in a few particular LED color segments.
Use of HB-LEDs in stationary (non-vehicle) signals is projected to increase to an average growth rate of 25.8% between 2010 and 2015.
Explosive growth is anticipated for HB-LEDs in the SSL-General Lighting products segment during the forecast period.
HB-LEDs for signage and professional display applications is expected to yield an impressive growth rate to reach $6 billion in 2020.
The mobile and portable device segment is relatively mature, but it should remain a strong segment for HB-LEDs albeit OLEDs will continue to creep into its market share.
Be on the lookout for emerging stars in the portable device category as industry analysts forecast impressive growth for white high brightness LEDs (WLEDS).
For more information on this report:
http://www.the-infoshop.com/report/el144511-high-brightness-led.html
Global Information, Inc. (GII) is an online aggregator for premium market research.
Contact us:
Telephone:
Toll Free (US & CANADA): +1-866-353-3335
Outside US: +1-860-674-8796
Email: us-info@gii.co.jp or us-sales@gii.co.jp
Address: 195 Farmington Avenue, Suite 208 - Farmington, CT 06032 USA
Website: Global Information, Inc. - The Vertical Markets Research Portal
Follow Global Information on Twitter: http://twitter.com/gii_us
High Brightness LED Worldwide Consumption Forecast to Reach $46.05 billion in 2020, According to new ElectroniCast Study
Global Information Inc. would like to present a new market research report, "High Brightness LED Global Market Review and Forecast (2010-2020)" by ElectroniCast.
2011-02-02
ELSE PRESS RELEASES FROM THIS DATE:
Allstate and Jordin Sparks 'Tackle' Texting While Driving
2011-02-02
Allstate and Jordin Sparks are bringing the "X the TXT: DSGN8 Before You Drive" movement to the Jordin Sparks Experience, an annual gala for Sparks Charities held just before the Big Game in Dallas. The "DSGN8 Before You Drive" message urges Americans to hand their cell phone to their DSGN8D TXTR - the person they chose to text on their behalf before they get behind the wheel so they can stay safe and stay in touch on the road.
"The Experience is about doing the right thing for your community; that's why it's important to share the designated texter message with my friends ...
Joy Stroud Ruhmann Celebrates One Year Anniversary Of Level Up Leadership
2011-02-02
Joy Ruhmann, president of Level Up Leadership (http://www.levelupleadership.com), a Raleigh-based leadership development firm that takes a proactive approach to working with employers and staff towards the implementation of strategies that clarify employee roles, align company goals, and promote internal engagement and dialogue that results in the sustainability of organizations, has announced the company's one year anniversary. In the last year, Ruhmann launched Level Up Leadership as an outgrowth of Triangle-based Ruhmann Associates, bringing with her more than 25 years ...
Patriot PAY Offers New Payroll Option to North Carolina Employers
2011-02-02
North Carolina employers looking for ways to save money on business expenses can now try out Patriot PAY online payroll software. The payroll software offers a no-nonsense pricing plan to help small business owners adjust their budget to ride out the rough economy.
Offered by Patriot Software, Inc., the online payroll software is specifically geared for American small business owners with 50 or fewer employees. Patriot PAY accurately and efficiently calculates all required payroll taxes for North Carolina businesses, as well as 21 states including South Carolina, Virginia, ...
New England Breeze Solar Hires Chris Oriel to Lead Solar Water Heating Division
2011-02-02
New England Breeze Solar welcomes its newest member to the growing organization. Chris Oriel joins the Hudson based solar installation company as Head of the Solar Water Heating Division. "We specialize in offering simple solar solutions at affordable prices," says Mark Durrenberger, company President. "Solar water heating systems meet the need of homeowners interested in an immediate reduction of their water heating bill for a low upfront investment," Durrenberger adds.
Oriel is already busy responding to requests for solar hot water systems sparked by the announcement ...
South Beach Prenatal Yoga Instructor Guides Expectant Mothers with Yoga DVD Designed to Strengthen Body & Mind
2011-02-02
Certified Yoga Instructor, Yoga Therapist and Pre-Natal Yoga Instructor, Jess Elizabeth, is sharing her customized yoga techniques with expectant mothers in "South Beach Prenatal Yoga". The informative DVD is intended for women to use throughout their pregnancy, with modifications for each trimester including breathing techniques, self-acupressure point instruction and testimonials from enthusiasts and medical professionals.
Among the first of its kind, South Beach Prenatal Yoga provides expectant mothers with the necessary tools and step-by-step instructions to regularly ...
GastroIntestinal Healthcare to Sponsor 3rd Annual Get Your Rear in Gear Event
2011-02-02
GastroIntestinal Healthcare will be a Bronze Sponsor of this year's Get Your Rear in Gear - Raleigh 5K Race. Get Your Rear in Gear is a multi-city event designed to promote colon cancer awareness and provide support for those affected by the disease. The 5K timed walk/run will be held at Fred Fletcher Park in Raleigh on Saturday, March 5 and will begin at 9:00 a.m. In addition to its sponsorship, GastroIntestinal Healthcare is also forming a team made up of practice members, patients, and friends and family members. This marks the practice's third consecutive year of supporting ...
Cleavitz Cleavage Cover to Introduce New Products and Exclusive Discounts at MAGIC and AmericasMart Tradeshows
2011-02-02
What:
Cleavitz, the comfortable cleavage control half-top at http://www.cleavitz.com, will provide discounts and information on their products at the AmericasMart and MAGIC tradeshows in February.
When:
AmericasMart, February 3-6, 2011, 9:00 a.m. to 6:00 p.m.
MAGIC, February 14-16th, 2011, 9:00 a.m. to 6:00 p.m.
Where:
AmericasMart, 4th Floor, Booth #225, Atlanta Convention Center
MAGIC, The Business of Fashion, Booth #75754, Las Vegas Convention Center
Who:
Julie Crotty, Cleavitz Founder, to appear live, provide information about the Cleavitz ...
Perspective Magazine Entry Deadline Is Extended For Timeshare and Fractional Awards Program
2011-02-02
The deadline to enter the Perspective Magazine Awards Program, which will highlight the best companies from the timeshare and fractional industry, has been extended to February 28th, 2011. The extension is a result of the significant demand shown from industry businesses and the need to include everyone looking to participate according to Perspective Magazine President and CEO, Paul Mattimoe.
"With nearly 100 award entries received so far, it became quite evident recently that there was more to come but that they would arrive after the deadline date, and so we have extended ...
Leading Global Private Tuition Provider Tutors International Declares Their First Appearance At The Amsterdam Millionaire Fair A Success
2011-02-02
Tutors International has reported that the first year of exhibiting at the recently held Millionaire Fair was a great success. The leading private tuition provider showcased its exclusive full-time private tuition services to attendees from around the world at the December Millionaire Fair held at the Hollandcomplex RAI Amsterdam on December 9th-13th 2010. For more information, visit http://www.tutors-international.com or call +44 (0) 1865 435 135.
"We chose to exhibit at the Millionaire Fair as it provides an excellent opportunity to showcase our private tuition offering," ...
The Start-Up Council Announces Call for Entries for Mark 23 Entrepreneurs' Roundtable Hosted by Trevelino/Keller
2011-02-02
The Start-Up Council, a group of industry experts committed to supporting the next generation of emerging companies, today announces a call for entries for the Q1 2011 Start-Up Council Roundtable to be held on Wednesday, March 23. Created in 2006, the Start-Up Council is a forum providing gratis counsel to entrepreneurs launching new businesses by providing guidance on public relations, social marketing, funding, legal, business development, outsourced manufacturing, marketing and branding. Entries will be accepted until Friday, March 4. Applications can be found at http://bit.ly/hnl0uO ...
LAST 30 PRESS RELEASES:
Rice’s Yousif Shamoo elected AAAS fellow
Mazin to study electronic, transport & topological properties of frustrated magnets
TCT 2024 Career Achievement Award to be presented to Robert A. Harrington, MD
Tibetan plateau had broader social dimensions than previously thought
Oncotarget sponsors 19th International p53 Workshop in Italy
NYS solar work: Good for climate, but are they good jobs?
New system boosts efficiency of quantum error correction
Study suggests staying current with COVID-19 vaccinations helps combat emerging variants
It’s all in the smile: Aston University-led research finds politicians can influence voters with facial expressions
Possible alternative to antibiotics produced by bacteria
Quantitative study assesses how gender and race impact young athletes’ perceptions of their coaches
Enzymes open new path to universal donor blood
Gemini south reveals origin of unexpected differences in giant binary stars
Hornets found to be primary pollinators of two Angelica species
Aspirin vs placebo as adjuvant therapy for breast cancer
Association of new-onset seizures with SARS-CoV-2 vaccines
How can forests be reforested in a climate-friendly way?
More plants on the menu of ancient hunter-gatherers
The aspirin conundrum: navigating negative results, age, aging dynamics and equity
Cancer screening rates are significantly lower in US federally qualified health centers
Nature's nudge: Study shows green views lead to healthier food choices
AI algorithms can determine how well newborns nurse, study shows
Scientists develop new organoid model to study thymus function
A revised classification of primary iron overload syndromes
Expanding health equity by including nursing home residents in clinical trials
Identification and exploration of transcripts involved in antibiotic resistance mechanism of two critical superbugs
Quantum fiber optics in the brain enhance processing, may protect against degenerative diseases
Icahn School of Medicine at Mount Sinai names Miriam Merad, MD, PhD, as Dean for Translational Research and Therapeutic Innovation
Details of hurricane Ian’s aftermath captured with new remote sensing method
Robots can’t outrun animals. A new study explores why
[Press-News.org] High Brightness LED Worldwide Consumption Forecast to Reach $46.05 billion in 2020, According to new ElectroniCast StudyGlobal Information Inc. would like to present a new market research report, "High Brightness LED Global Market Review and Forecast (2010-2020)" by ElectroniCast.