Loading...
News Article

Packaged LEDs in SSL general lighting to hit 4.6 billion units in 2012

The global consumption value of component-level LEDs in SSL general lighting applications will increase at 37% per year from 2011-2016. Between 2016-2021, the annual average growth rate will be even higher, at 51%

Only 10% of the LEDs used in General Lighting were attributed to Interior lamps in 2011. However, by 2021 the relative market share of LEDs in Interior lighting is forecast to reach 39%.

This is according to ElectroniCast Consultants' report, "LEDs Used in General Lighting : Global Market Forecast and Analysis (2011-2021)." The consultant firm also says the worldwide volume of packaged LEDs in solid-state lighting (SSL) general lighting will reach nearly 4.6 billion units in 2012.

The global consumption value of component-level (packaged) LEDs in SSL general lighting applications will increase at 37 percent per year (2011-2016). What's more, there should be faster overall growth in the second-half of the forecast period (2016-2021), with an overall annual average growth rate of 51 percent.

LEDs used in Solid State Lighting (SSL) General Lighting Global Market Forecast (Value Basis, $Million)



The use of packaged LEDs in residential, commercial and government exterior general lighting lamps (street, parking-lot, roadway-tunnels, bridges, landscaping, pool/fountain, buildings, architectural and other general lighting) applications, in 2011, represented nearly 90 percent share of worldwide consumption.

However, ElectroniCast predicts that in the year 2021, the relative market share of component-level LED use in exterior lamps is forecast to decrease significantly to 61 percent. Having said that, a substantial increase in value is anticipated.
×
Search the news archive

To close this popup you can press escape or click the close icon.
Logo
x
Logo
×
Register - Step 1

You may choose to subscribe to the Compound Semiconductor Magazine, the Compound Semiconductor Newsletter, or both. You may also request additional information if required, before submitting your application.


Please subscribe me to:

 

You chose the industry type of "Other"

Please enter the industry that you work in:
Please enter the industry that you work in: