LED market to develop rapidly than U.S. government predictions

According to analysts at the Darnell Group market research firm in Corona, Calif, LED will rapidly accelerate over the next few years in general illumination applications.

The number of LEDs used in typical applications will increase in the near-term, Darnell analysts say, and the growing number of LEDs will reduce the cost of LEDs dramatically until they finally become cost-effective for general illumination. Today LED lamps are at least two orders of magnitude more expensive than traditional light sources, making them several years away from significant market penetration for general illumination. Darnell analysts point to a recent announcement from the U.S. Department of Energy (DOE) predicting a significant market uptake for LED lighting over the next five years, followed by widespread adoption over the next 20 years, which Darnell analysts say is too pessimistic. Growth in over 50 application sub-segments will drive down the cost of LEDs faster than anticipated by the DOE.

Besides, Darnell point out the LED lighting market such as LED Driver ICs: Application Drivers, Technology Developments & Product Introduction Trends and so on. This provides a roadmap of applications that will push growth for solid state lighting between now and 2020.

Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<
Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.

Streetlights and high-bay fixtures require high flux and efficacy to meet the ever increasing demands for system efficiency and energy cost reduction for these applications. Today, LUXEON 5050 LEDs received an upgrade in both flux and efficacy... READ MORE

The recent outbreak of COVID-19 has prompted the large-scale search for practical solutions that can prevent the spread of the deadly virus — from researchers and scientists committed to finding a solution, to the manufacturers and consu... READ MORE