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Stanley Electric Co. Ltd. - IR Light Sources 4/24 LB

Report: LEDs to hit $33B

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OYSTER BAY, NY, May 15, 2009 – Demand and usage of LEDs is booming, in direct contrast to the bearish global economy and the resulting contraction in many product categories. Beginning in the second half of 2007, LEDs have recovered from the sluggish sales and unit shipments that characterized the market from 2004 to mid-2007. LEDs – especially certain fast-emerging niche segments like high brightness (HB) for specialized applications – have rebounded, and that resurgence will continue over the next three to five years. As a result, the LED market will experience robust growth over the next five years, fueled by...Read full article

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    Published: May 2009
    Glossary
    photonics
    The technology of generating and harnessing light and other forms of radiant energy whose quantum unit is the photon. The science includes light emission, transmission, deflection, amplification and detection by optical components and instruments, lasers and other light sources, fiber optics, electro-optical instrumentation, related hardware and electronics, and sophisticated systems. The range of applications of photonics extends from energy generation to detection to communications and...
    ConsumerEmploymentgreen initiativesillumination applicationsLaura DiDioLED marketLED technologyLight Sourceslight-emitting diodesNews & Featuresphotonicssolid state lightingLEDs

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