News
The Worldwide Market for LEDs 2015
May
Strategies Unlimited has released its new report: The Worldwide Market for LEDs – Market Review and Forecast 2015. The worldwide LED market is forecasted to grow to more than $22 billion in 2019. Ten companies accounted for more than 65 percent of the LED market. Strategies Unlimited arrived at these figures after analyzing market demand as well as the supply-side activities of more than 50 LED component suppliers.
This report analyzes LEDs used in the following applications: lighting, automotive, displays, mobile devices, signs, and other categories.
REPORT HIGHLIGHTS:
- The forecast is broken out by material type and package type and evaluates the global market for low-power, mid-power, high-power, and super-high power LEDs.
- Lighting now accounts for nearly 35 percent of global revenues and has grown 15 percent since 2013 and will continue to grow through 2019.
- The TV/Monitor backlight segment grew in 2011, but revenue has continued to decline and will decline further through 2019.
- The automotive market is showing steady growth of 10 percent through 2019.
- China’s portion of global revenues grew to 15 percent from just a 2 percent share several years ago.
Report Price: $5,450
For more information, visit http://store.strategies-u.com/the-worldwide-market-for-leds-market-review-and-forecast-2015/
– See more at: http://www.ledjournal.com/main/news/the-worldwide-market-for-leds-2015/#sthash.i93AjSGf.dpuf
