LED lighting market to exceed $5B by 2012
LEDs Magazine – LED lighting market to exceed $5B by 2012, says report
Strategies Unlimited predicts that the LED industry total market size in 2012 will exceed $11bn. THIS IS FOR THE CHIPS ALONE! They predict a CAGR of 20% in the next five years, with a total market of $11.4 billion in 2012. The largest application in 2012, with 44% of the market, will be Signs & Displays, which includes backlighting for large LCD screens (monitors and TVs). Last year, the largest segment was Mobile Appliances, with 44% market share.
