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World Market for LEDs and OLEDs

This research report, World Market for LEDs and OLEDs, presents an in-depth analysis of the development, applications, products, manufacturers, and trends in the use of light-emitting diodes (LEDs) and organic light-emitting diodes (OLEDs) in the United States. These two technologies have improved dramatically over the past few years and are now poised to revolutionize the lighting industry. The report provides a comprehensive analysis of the current market for these technologies and projects future market size and end-use applications through 2013. Marketing concerns including energy demand, environmental impacts, economic conditions, consumer acceptance, intellectual property rights, and government activities are discussed in relation to their impact on market growth for LED and OLED technologies. The report also profiles major manufacturers and marketers of LEDs and OLEDs and the strategies they have adopted to maximize growth and profitability.

LEDs and OLEDs are currently used in numerous business and consumer products but have yet to significantly penetrate the general illumination market. Cost remains the final hurdle as brightness levels and operational lifetimes have surpassed those of commonly used incandescent and fluorescent lighting products. From mobile phones to automobiles to billboards and television sets, LEDs and OLEDs have proven their effectiveness with their many advantages over other lighting sources. This report delineates the potential impacts of these two technologies bring to these and other applications over the next five years.

Scope and Methodology

This report includes both primary and secondary research. Secondary research data have been obtained from government sources, trade association publications, business journals, and company literature. Simmons Market Research Bureau (SMRB) and IRI provided primary research. Statistical data are included for industry revenue, both globally and for the United States. Historical data are provided for the 2003 to 2008 time frame with projections of future sales through 2013. The base year for the report is 2008. Demand in each of the following product application sectors is analyzed in terms of overall revenue, both for business and consumer uses:

  • Automotive Applications
  • Display Backlighting Applications
  • Mobile Applications
  • Signals and Signage Applications
  • General Illumination Applications
  • Other Applications
Potential product applications, buying trends, environmental issues, and energy considerations are also reviewed and analyzed. Market size estimates and forecasts are based on historic data of LED and OLED sales, current revenue trends based on secondary sources, and the impact of factors such as environmental concerns, fuel and energy prices, economic considerations, and housing and building trends.

How You Will Benefit from this Report

If your company is involved with general lighting, display advertising, automotive lighting, or televisions, computer monitors, or other consumer electronic displays - or if you are replacing your current lighting fixtures, want to conserve energy, or begin a “green” initiative - you will find this report invaluable, as it provides a comprehensive package of information and insight about LEDs and OLEDs not offered in any other single source. You will gain a thorough understanding of the current LED and OLED applications and markets, as well as projected market sizes and trends through 2013.

This report will help:

  • Marketing Managers identify market opportunities and develop targeted promotion plans for LED and OLED products.
  • Research and Development Professionals stay on top of competitor initiatives, product applications, and demand for LED and OLED products.
  • Advertising Agencies working with clients in the general illumination, display advertising, and consumer electronics markets develop compelling messages and images to promote sales of LED and OLED products.
  • Business Development Executives understand the dynamics of the LED and OLED markets, identify potential partnerships, and detect new product applications.
  • Information and Research Center Librarians provide market researchers, brand and product managers, and other colleagues with the vital information they need to do their jobs more effectively.


Market Insights: A Selection From The Report


General Illumination LED Market
One hundred years after they were first “discovered,” light-emitting diodes, or LEDs, are poised to revolutionize the lighting industry. LEDs -- and their organic brethren, OLEDs -- offer brighter lighting, significant energy savings, incredibly long lifetimes, and almost infinite design possibilities. Cost is the most prohibitive factor for widespread adoption but advances have been, and are being, made which will ameliorate the price issue in the not-toodistant future. Already widely used in automobiles, outdoor signs, traffic signals, televisions, mobile phones, computers, and accent lighting among many other applications, LEDs and OLEDs are finding uses in myriad products and applications. The world’s first OLED television was offered for sale in late 2007 and several other companies are planning to introduce larger screen OLED televisions in 2009. The biggest application, however, is the annual $75 billion global general illumination market for which LEDs and OLEDs hold much promise. These two technologies, often referred to as solid state lighting, or SSL, will change the way people look at and use lighting

Automotive LED Market
Conventional LEDs have been used inside automobiles for over twenty years in various indicator-lamp applications.  However, the advent of high-brightness (HB) LEDs in the late 1980s and early 1990s permitted LEDs to be used for exterior signaling functions as well. The first major application of HB LEDs for automotive signaling was the center high-mounted stop light on the 1988 Nissan 280Z.  According to the November 2005 Laser Focus World article called “High Brightness LEDS: LED Automotive Headlamps Move Closer To Market” by Robert Steele, the first signaling applications used red LEDs made from aluminum gallium arsenide (AlGaAs).  With the development of the more robust indium gallium aluminum phosphide (InGaAlP) HB LEDs in the early 1990s, the automotive signaling market began a period of sustained growth.  Driven by a combination of higher performance, increased reliability and longevity, and increased flexibility in styling, by 2004 about 40% of all the automobiles and light trucks produced worldwide used LEDs for center high-mounted stop lights.

In the News


Market for Light-Emitting Diodes Illuminates New Options in Lighting Industry

New York, December 16, 2008 - One hundred years after they were first “discovered,” light-emitting diodes (LEDs) are poised to revolutionize the lighting industry. LEDs—and their organic brethren (OLEDs)—offer brighter lighting, significant energy savings, incredibly long lifetimes, and almost infinite design possibilities. LEDs and OLEDs are finding uses in a bevy of products and applications including automobiles, outdoor signs, traffic signals, televisions, mobile phones, computers, and accent lighting.

According to market research publisher SBI’s all-new report, World Market for LEDs and OLEDs, the market for this versatile and efficient technology currently exceeds $5 billion globally with the United States accounting for slightly more than $1 billion of the total. In years past, the market experienced growth rates of 50% or more. SBI projects the market’s positive growth to continue, and approach $14 billion globally and exceed $3 billion in the U.S. by 2013.

Being environmentally and energy friendly are among the LED and OLED technology’s greatest advantages. A LED converts 80% of the energy it uses into light compared to only 20% by a typical incandescent lamp. For example, a traffic light comprised of LEDs uses about 92% less energy than one comprised of incandescent bulbs.

Further, the technology could substantially lessen the need to construct more power plants to satiate escalating global demands for electric power. LEDs and OLEDs could also reduce waste in landfills because they do not contain hazardous materials and will not be a contaminant when, and if, they eventually end up in a landfill.

Despite the obvious benefits of LEDs and OLEDS the cost of the technology remains its Achilles’ heel for the time being. “Cost is the primary hindrance to widespread adoption and changes in cost will have a significant effect on consumer purchases. If prices decrease faster than expected, then growth is likely to increase quickly,” says Shelley Carr, associate publisher of SBI.

The report presents an in-depth analysis of the development, applications, products, manufacturers, and trends in the use of LEDs and OLEDs in the U.S. The report provides a comprehensive examination of the current market for these technologies and projects future market size and end-use applications through 2013. Marketing concerns including energy demand, environmental impacts, economic conditions, consumer acceptance, intellectual property rights, and government activities are discussed in relation to their impact on market growth.

About SBI
SBI (Specialists in Business Information) publishes research reports in the industrial, energy, building/construction, automotive/transportation and packaging markets. SBI also offers a full range of custom research services.

 

  • Executive Summary
    • Scope
    • Methodology
    • Overview
    • A Brief History of LEDs and OLEDs
    • Market Size - World and U.S.
    • Market Size by Segment
    • LED Operation
    • OLED Operation
    • Creating Light
    • LED and OLED Advantages
    • LED and OLED Disadvantages
    • High Brightness LEDs
    • LED Drivers
    • LED and OLED Applications
    • Government Initiatives
    • LED and OLED Distribution Channels
    • Pricing Trends
    • Summary
  • LED Operation and Applications
    • Scope
    • Diode Overview
    • Light Producing Diodes
      • Table LED Semiconductor Materials and Associated Light Color
    • Organic Light Emitting Diodes
      • Types of OLED Construction
      • Types of OLED Manufacturing
    • History of LEDs and OLEDs
    • Advantages of LEDs and OLEDs
      • LED Advantages
        • Table Advantages of LEDs (percent)
      • OLED Advantages
      • Disadvantages of LEDs and OLEDs
    • High Brightness LEDs
    • LED Drivers
    • LED and OLED Applications
      • Automotive LED Applications
      • Display Backlighting Applications
      • Mobile Applications
      • Signals and Signage Applications
      • General Illumination Applications
      • Other Applications
      • Summary
  • Market Size and Growth
    • Scope
    • Current LED Market
      • Automotive LED Market
      • General Illumination LED Market
      • Signals and Signage LED Market
      • Backlighting LED Market
      • Mobile LED Market
      • The OLED Market
    • Factors Affecting LED and OLED Growth
      • Manufacturing Costs
      • The Economy
      • Electric Automobiles
      • The Green Movement
      • Public Awareness-CFLs
      • Public Awareness-TV's & Computers
      • Public Awareness-Flashlights & Camping
      • Industry Acceptance
      • TV Infrastructure
      • New Applications
    • Estimated Market Size 2008-2013
      • Automotive LED Growth
      • General Illumination LED Growth
      • Signals and Signage LED Growth
      • Backlighting LED Growth
      • Mobile LED Growth
    • U.S. LED Growth
    • U.S. OLED Growth
    • Summary
  • Product Trends and Distribution
    • Scope
    • LED and OLED Performance Trends
      • LED and OLED Brightness and Longevity
      • Advances in LED Brightness
      • Advances in OLED Brightness
      • LED and OLED Operation and Manufacturing Improvements
      • Operational Advances
      • Material Advances
      • Manufacturing Advances
      • LED and OLED Drivers, Encapsulants, and Thermal Improvements
    • LED and OLED Patents
      • LED and OLED Manufacturing Technique Patents
      • LED and OLED Light Intensity Regulating Patents
      • LED and OLED Improvement Patents
      • Improved LED and OLED Moisture Seal Patents
      • Vehicle Lighting Patents
      • Other Products and Applications
    • Government Initiatives
      • U.S. Department of Energy (DOE) Initiatives
      • DOE Basic Energy Sciences Program
      • DOE Core Technology Research
      • DOE Product Development
      • DOE Commercialization Support
      • DOE-NGLIA SSL Partnership
      • DOE SSL Projects
        • Table U.S. Department of Energy Solid-State Lighting Projects, 2008
      • DARPA Initiatives
      • A Note on Energy Star(R) Issues
    • LED and OLED Distribution Channels
      • Retail Stores
      • Wholesalers and Manufacturers
      • Internet
      • Catalogs
      • Trade Shows and Other Channels
    • LED and OLED Advertising and Promotions
    • Pricing Trends
      • Table Examples of LED and OLED Product Pricing, All Prices as of October 20, 2008 (in dollars)
    • Summary
  • Competitive Profiles
    • Scope
    • Cree, Inc.
      • Overview
      • Mergers and Acquisitions
      • Company Performance
        • Table Cree, Inc.: Company Information
      • Litigation
      • Product Portfolio
        • Table Cree, Inc. Product Portfolio
      • Product Distribution
      • Significant Developments
    • Seoul Semiconductor Company, Ltd.
      • Overview
      • Company Performance
        • Table Seoul Semiconductor Company, Ltd.: Company Information
      • Litigation
      • Product Portfolio
        • Table Seoul Semiconductor Product Portfolio
      • Product Distribution
      • Significant Developments
    • Philips Lumileds Lighting Company
      • Overview
      • Company Performance
        • Table Philips Lumileds: Company Information
      • Litigation
      • Product Portfolio
        • Table Philips Lumileds Product Portfolio
      • Product Distribution
      • Significant Developments
    • OSRAM GmbH
      • Overview
      • Company Performance
        • Table OSRAM GmbH: Company Information
        • Table OSRAM SYLVANNIA: Company Information
      • Litigation
      • Product Portfolio
        • Table Osram Product Portfolio
      • Product Distribution
      • Significant Developments
    • Toyoda Gosei Co., Ltd.
      • Overview
      • Company Performance
        • Table Toyoda Gosei: Company Information
      • Litigation
      • Product Portfolio
        • Table Toyoda Gosei Product Portfolio
      • Product Distribution
    • Nichia Corporation
      • Overview
      • Company Performance
        • Table Nichia: Company Information
      • Litigation
      • Product Portfolio
        • Table Nichia Product Portfolio
      • Product Distribution
      • Significant Developments
    • Lumination, LLC
      • Overview
      • Company Performance
        • Table Lumination: Company Information
      • Product Portfolio
        • Table Lumination Product Portfolio
      • Product Distribution
      • Significant Developments
    • Samsung SDI
      • Overview
      • Company Performance
        • Table Samsung SDI: Company Information
      • Product Portfolio
        • Table Samsung SDI Product Portfolio
      • Product Distribution
      • Significant Developments
    • Eastman Kodak Company
      • Overview
      • Company Performance
        • Table Kodak: Company Information
      • Product Portfolio
        • Table Kodak Product Portfolio
      • Product Distribution
      • Significant Developments
  • Addresses

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