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2013-02-20

ElectroniCast Consultants: Worldwide Use of HB-LED Driver ICs Grow at 27% per year

ElectroniCast Consultants, has announced the release of their 2013 market review and forecast of the worldwide use of High Brightness Light Emitting Diodes (HB-LED) Driver Integrated Circuits (ICs) in illumination. Values include LED Driver IC (packaged chip only). According to ElectroniCast, the worldwide total consumption value of HB-LED Driver ICs reached $1.79 billion in 2012. During the 2012-2019 timeline, the consultancy forecasts that the consumption value will grow at an average annual rate of 27 percent to $9.59 billion in th...

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