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Hamamatsu Corp. - Earth Innovations LB 2/24

LEDs’ longevity could cause problem for market

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LEDs are known to last longer than traditional bulbs, but that very trait could actually have a negative effect on the market – after all, if they last longer, they don’t need to be replaced as often. That’s the conclusion of UK-based IMS Research, now part of IHS Inc., in its recent Packaged LEDs – World – 2012 Report. The lighting sector is currently driving growth, as most other LED end markets are nearly saturated, so global packaged LED revenue likely will peak in 2015 at $13.5 billion and then decline or remain flat through the end of the decade, IMS...Read full article

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    Published: February 2013
    AmericasAsia-PacificBusinessConsumerEuropeIMS ResearchLED lightingLED marketLEDs.Light Sourceslight speedpackaged LED marketPackaged LEDsStewart ShinkwinUKLEDs

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