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January 22, 2007... Mountain View, California USA-- High-brightness light-emitting diodes (HB LEDs) have demonstrated dramatic improvements in performance in recent years, as well as significant cost reduction, such that they are undergoing a period of rapid market growth in a variety of lighting applications. A recently released report by Strategies Unlimited entitled The Market for High-Brightness LEDs in Lighting: Application Analysis and Forecast --2007 provides a detailed assessment of the current market and future growth prospects for the use of HB LEDs in lighting. The report analyzes the market structure for lighting and the drivers that will enable the HB LED industry to penetrate the illumination market, as well as the barriers to market growth. It also provides detailed analysis and quantitative market forecasts for ten lighting applications through 2011.

Through 2006, HB LED illumination applications have included niche markets such as architectural lighting, channel letter signs, machine vision, flashlights, accent and decorative lighting, and landscape lights. Many of these applications have taken advantage of the very high brightness and efficiencies available from colored (red, green and blue) LEDs relative to competing light sources such as filtered incandescent lamps and neon, as well as the long lifetimes of LEDs. In addition, white LEDs have captured a strong market position in selected applications such as consumer portable lighting (e.g. flashlights, headlamps) and machine vision. More recently, white LEDs have begun to be used on a limited basis in applications such as retail display lighting.   Today 2009 and moving forward, will be more uses for led's than ever before.  There are many applications for this product as well as being the most cost efficient product to date.

The vast majority of general illumination applications require white light, and markets will begin to accelerate when white LED fixtures begin to offer energy and cost savings relative to the use of conventional light sources. This is likely to happen in the next two with the introduction of high-performance white LEDs that exceed efficiencies of 100 lumens per watt. As the market grows beyond color and color-changing applications into residential, retail and off-grid applications, and ultimately into outdoor area applications, the market will approach $1 billion in 2011. By then it will be only be the beginning for the ultimate replacement of conventional light sources, including high-efficiency fluorescent lamps. However, many challenges face the LED industry to accomplish that goal, all of which are discussed in the report.

The Market for High-Brightness LEDs in Lighting: Application Analysis and Forecast -- 2007 is the turning point in led lighting   

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