LED market shows growth, technology advances

A flurry of activity in the LED market in 2003 reflects strong growth and technological advancements, and more are anticipated in 2004, according to a recent study. Research by Strategies Unlimited, a Silicon Valley-based market research firm shows high-brightness light-emitting diodes (HB LEDs) to be a bright spot in what has been an otherwise dismal market for semiconductors and optical components of all types.

01/15/2004


A flurry of activity in the LED market in 2003 reflects strong growth and technological advancements, and more are anticipated in 2004, according to a recent study. Research by Strategies Unlimited , a Silicon Valley-based market research firm shows high-brightness light-emitting diodes (HB LEDs) to be a bright spot in what has been an otherwise dismal market for semiconductors and optical components of all types. The glogal HB LED market grew by 51% in 2002 to $1.84 billion and is forecast to grow to $4.7 billion by 2007, according to the report: " High-Brightness LED Market Review and Forecast–2003 ."

High-brightness LEDs are used in a wide variety of applications that benefit from high visibility (even in full sunlight conditions) and full-color spectrum, including white. Growth was led by a dramatic ramp-up in the use of HB LEDs in mobile phones, including both backlighting for full-color LCD screens and keypad backlighting. For more on the report and information on obtaining a copy, visit the research firm Web site.

In addition, developments and advancements in LEDs will be the focus of the fifth annual " Strategies in Light ," a conference on LED applications scheduled for Feb. 2-4, 2004, in San Mateo, CA. The event will address developments in high-brightness LEDs, as well as offer networking opportunities for suppliers and users of these devices. Among conference highlights is the expected unveiling of a new type of bright LED video display architecture from New Millennium Media International . The patents-applied-for technology, called OnScreen, is expected to lead to products with better resolution and brighter pictures than the current generation of displays.

—Jeanine Katzel, senior editor, Control Engineering, jkatzel@reedbusiness.com





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