5 December 2001 High-brightness LED market overview
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Since 1995, the market for high-brightness LEDs has grown at an average annual rate of 58.4% to reach a value of 1.2 billion in 2000. This growth has been driven by the increasing performance of high-brightness LEDs across the visible spectrum, and the resulting development of new applications that previously could not be addressed with conventional, low-brightness LED materials. The next major challenge for the high-brightness LED industry will be to achieve significant penetration of the worldwide lighting market, which is estimated at $12 billion.
© (2001) COPYRIGHT Society of Photo-Optical Instrumentation Engineers (SPIE). Downloading of the abstract is permitted for personal use only.
Robert V. Steele, Robert V. Steele, "High-brightness LED market overview", Proc. SPIE 4445, Solid State Lighting and Displays, (5 December 2001); doi: 10.1117/12.450027; https://doi.org/10.1117/12.450027


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