According to LEDs Magazine, market research firm ElectroniCast Consultants predicted in the report that global HB-LED usage will be close to $4.9 billion in 2009, and this number will triple to $15.03 billion by 2015. This report studies and analyzes the dynamics of multiple HB-LEDs in a given application.
Graphic: HB-LED consumer market forecast (unit: billion US dollars)
As more and more lighting solutions in the market become more popular, how to establish a solid position in the lighting market is the biggest challenge facing HB-LED. However, this does not stop the potential success of HB-LED, but instead creates new opportunities for it.
Stephen Montgomery, president of ElectroniCast International Business, said that in 2009, the number of HB-LEDs for automotive/motorized lighting reached 329 million. Although it has declined slightly from the previous two years, we have seen an increase in the use of white LEDs, especially in automotive headlamps. For aircraft lighting components, trains and even military supplies, this application will provide a broad market opportunity for HB-LED.
He added that the use of SSL is increasing due to government-funded R&D investment, corporate autonomy, regulations and policy incentives from various regions. LED general lighting has progressed from local government, for-profit projects, commercialization to finalization. Consumer goods.
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