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TVs to fuel LED market growth through 2010
In this afternoon’s industry perspective session Paul Semenza, vice president of display research at market research firm iSuppli, claimed that sales growth for the remainder of this decade will be driven by increasing penetration into TV and other display applications.
He believes that this market, which is currently very small, will rapidly expand to $100 m in 2007, $1.6 bn in 2009 and $3 bn in 2011, driven by both the falling price of LEDs and rising sales of display panels. Indeed, display panel shipments are expected to rise from 200 million units in 2005 to 500 million in 2010.
LED revenue will also get a positive kick from the trend towards larger TV displays. A typical 29-inch TV uses 100 high-brightness (HB) LEDs, but a 46-inch version requires 180 red, 180 green and 90 blue LEDs.
In other key markets, Semenza predicted that LED sales for handsets will be fairly flat, with any rise in cell-phone shipments offset by declines in average selling prices. He also expects that the signage application market will be worth $0.6 billion by 2010, with growth coming from ultrahigh-brightness LED sales. Revenue from automotive applications will also increase, but sales for status indicators will see a slight decline.
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