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Home>>Research report from Electrnicast: the continuing growth of the LED lighting market in five years

    Recently a research report from American Electronicast states that high-brightness LED components will be growing against the situation of economy decline.
    Market analyst makes it clear that LED chips will be continuing used in solid lighting. According to this research, LED lighting was slightly influenced by the financial crisis.
     Stephen Montgomery, a project director of LED research from California consulting firm predicted that the application of exterior and building lighting will be leading SSL market, meanwhile, small signs, internal lighting and professional lighting would grow rapidly.
     Montgomery believes that 284,000,000 dollars was used in 2007 solid lighting, in which building and exterior lighting takes up 86%. LED Lighting will be worth 1billion dollars in 2013, thrice as that at present.
     Construction lighting will be the biggest part, but the market share will be decrease by 2/3, 937,000,000 dollars. There will be a rapid growth in LED light labeling market, same as the case in internal lighting and applications in other areas such as aerospace, military and medical treatment etc.


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