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News

12 September 2006

 

Market for HB-LEDs and substrates to reach $10.6bn by 2011

The market for high-brightness LEDs and substrate materials will grow from $5.8bn in 2005 to $6.6bn in 2006, then at an average annual growth rate (AAGR) of 10.2% to $10.6bn in 2011, according to the report "Light Emitting
Diodes for Lighting Applications" from BCC Research.

Shipments of high-brightness LEDs alone will grow from $4.8bn in 2005 to $6.5bn in 2006, then at an AAGR of 10.3% to $8.8bn in 2011.

The market for substrate materials for LEDs was worth more than $1.0bn in 2005 and will grow to $1.1bn in 2006, then at an AAGR of 9.7% to $1.8bn in 2011, the report concludes.

Visit: http://www.bccresearch.com