Upper Lake, CA (USA) – May 20, 2009 -- ElectroniCast Consultants, a leading market & technology forecast consultancy, today announced the release of a new market forecast of the global market consumption of packaged High Brightness Light Emitting Diodes (HB-LEDs) used in selected applications. This report also provides ElectroniCast’s global market estimates and forecasts covering the year 2008-2013 of the consumption of packaged HB-LEDs, segmented into the following colors: Red-Green-Blue (RGB) multiple chip bulb package; Red-Orange-Yellow; Blue-Green; White (WLED).
RGB Multichip Remain Market Share Leader The use of White HB-LEDs is forecasted to multiply by a factor of 6-times (6x), increasing at an average annual rate of 43.5 percent (2008-2013). “The use of RGB multiple-chip HB-LEDs will remain strong; however, RGB multiple-chip HB-LEDs is actually forecasted with a flat growth rate over the forecast period,” said Stephen Montgomery, president of ElectroniCast Consultants - APAC and the director of the LED project group. “White LEDs are taking market share from the RGB multichip segment and we see WLEDs almost taking the relative market leadership by 2013,” Montgomery said.
HB-LED signal market segment The worldwide consumption value of HB-LEDs used in signals, most notably referring to traffic signals, pedestrian signal/controls, is forecasted with a dramatic average annual growth rate of 46.7 percent (2008-2013). “The HB-LED signal market segment includes both retrofitting application and new fixture deployments. Additionally, incentives based on “Going-Green” or “Green-Tech” initiatives are increasing the use of HB-LEDs in the signal segment. Other dynamics include safety of pedestrian and vehicle traffic, since the LEDs are a proven and reliable technology. LEDs are a good choice in this sector, because as in all applications, the low-energy consumption models drive the LED markets, Montgomery said.
This market forecast report is available immediately, at a fee of $3,800, from ElectroniCast Consultants. For detailed information on this or other services provided by ElectroniCast, please contact Theresa Hosking, Marketing/Sales; firstname.lastname@example.org
ElectroniCast Consultants – www.electronicast.com specializes in forecasting trends in technology forecasting, markets and applications forecasting, strategic planning and consulting. ElectroniCast Consultants, as a technology-based independent forecasting firm, serves industrial companies, trade associations, government agencies, communication and data network companies and the financial community. Reduction of the risk of major investment decisions is the main benefit provided. ElectroniCast Consultants’ goal is to understand the challenges and opportunities facing clients and to provide timely, accurate information for strategic planning.