Analysts to host meeting on future of LEDs in Lighting
LEDs and OLED devices will enhance their presence into the general lighting market, including residential, retail display outdoor, and off-grid applications, over the next three years say Frost and Sullivan.
These product markets are poised to exhibit strong growth primarily driven by emergence of new applications such as automotive, medical and military. Increased penetration of solid state lighting in many existing applications such as backlighting and mobile displays will continue to be important and as a result, white LEDs will become a more significant part of the market.
"After the decision made in December 2008, the European Commission implemented a ban on the sale of 100-watt conventional incandescent light bulbs from September 1, 2009. All light bulbs of more than 75 watts will be banned in 2010, followed by 60-watt bulbs in 2011 and 40-watt bulbs in 2012. Over the coming years about eight billion incandescent light bulbs will be replaced by energy-efficient solid state alternatives such as LEDs and OLEDs creating unmatched opportunities for companies in the value chain across all applications," comments Santosh Kumar P, Industry Analyst for Electronic Devices group.
Highlights of the briefing will include
- Market size analysis
- Crash part market size
- Component and chemical purchasing
The briefing will benefit companies who supply LED materials, chips and modules, driver ICs and circuits, backplane substrates and Original Equipment Manufacturers (OEMs) and resellers of LEDs products globally.
To participate in the briefing, please email Joanna Lewandowska at joanna.lewandowska@frost.com with the following information:
Full name, Company name, Title, Telephone number, E-mail, Address, City, State and Country
Upon receipt of the above information, a registration link will be e-mailed to you. A recorded version of the briefing may also be received by registering the above details.
Source: Frost & Sullivan press release
