LED Lighting Arrives to New Turning Point

The LED industry main logic is driven by general lighting. Compared to previous waves driven by LED backlight and commercial lighting, general lighting is a market with a real value of more than RMB 100 billion (US$ 16.81 billion). It is estimated by 2014 the global civilian lighting market will reach more than RMB 100 billion for the first time, and reach RMB 160 billion in 2015. Within the next two years, CAGR will reach 60 percent taking the LED industry to its new hot spot.
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Unit Sales of Commercial LED Luminaires to Grow at CAGR of 34 Percent Between 2012 and 2016

A Market research company says that the decline in the price of LED light sources helped to trigger growth in the market. According to the company revenues grew from $7.3 billion in 2011 to $9.4 billion in 2012, a growth of 28%. The company forecasts that the CAGR for revenues for LED Luminaires in all applications for 2012-2016 is 18%. By 2012, LED luminaires had penetrated variety of applications. The Market research company says that large scale adoption of downlighting in commercial applications drove revenues up 76% between 2011 and 2012. The Japanese commercial...
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Cree LED announced today that three of its recent product releases have been recognized with BrightStar Awards by LEDs Magazine. The XLamp® Element G LEDs and XLamp® Pro9™ LEDs were recognized in the “LED Light Sources&rdqu... READ MORE

New TARA2000-AUT-SAFE family includes unique interlock loop method for completely safeguarding ultra-fast detection of faults that can compromise eye safety Interlock method reduces bill of materials resulting in lower system cost 940nm emitte... READ MORE