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Subject LED market grew by 93% in 2010, driven by backlights
Name Administrator Date 2011.02.28 Click 2147

The global market for packaged high-brightness LEDs is expected to reach $18.9 billion by 2015, according to Strategies Unlimited.

 

The worldwide high-brightness (HB) LED market leaped from $5.6 billion in 2009 to $10.8 billion in 2010, a growth rate of 93%, according to market research firm Strategies Unlimited. The total market is expected to reach $18.9 billion in 2015, representing a compound annual growth rate (CAGR) of 11.8%.

Strategies Unlimited

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