Research and Markets: The Market for High-Brightness LED Driver ICs Presents Significant Growth Opportunities According to New Report
DUBLIN, Ireland--(Business Wire)--
Research and Markets
(http://www.researchandmarkets.com/reports/c93079) has announced the
addition of LED Driver ICs, First Edition: Worldwide Forecasts to
their offering.
The market for high-brightness LED driver ICs is increasingly
diverse and presents significant growth opportunities. The dollar
market is projected to grow significantly faster than unit sales. The
higher dollar growth rate is a reflection of high growth rates for
higher-cost LED driver ICs such as those used in LCD backlighting,
signs, and automotive applications, compared with lower growth rates
for lower-cost driver ICs used in mobile phone handsets and other
portable applications. Among other important and surprising results,
the report finds that 2008 will be the first year that the use of LED
lighting exceeds the use of neon in general-purpose channel letter
signs in North America.
These forecasts are based on a detailed analysis of 53 application
sub-segments in the following areas: small LED backlight units (BLUs),
(15"); automobiles; light trucks; commercial trucks and buses; signs,
signals and billboards; illumination; projection displays; and
photographic lighting. In addition to developing the detailed unit
sales forecasts, this analysis provides a detailed projection of
average selling prices for LED driver ICs in each of the 53
application sub-segments. Those pricing forecasts, combined with the
unit sales analysis, produce a detailed forecast of dollar sales
trends in each of these application sub-segments.
This detailed analysis provides important insights into this
growing market. The single largest opportunity for growth in the next
five years will be in the various applications within the Signals,
Signs and Billboards segment. That segment is already the
second-largest unit segment. It is projected to have an above-average
growth rate (31.9% versus the worldwide average of 24.5%). As a
result, by 2013, the Signals, Signs and Billboards segment will be by
far the largest opportunity for LED driver ICs. Because of the higher
power levels of the drivers in that segment, it is already the largest
dollar market in 2008. The Small LCD BLUs segment is the
second-largest segment.
In 2008, the Signals, Signs and Billboards segment is less than
twice as large as the Small LCD BLUs segment in terms of dollar sales.
By the end of the period, dollar sales in the Signals, Signs and
Billboards segment will be well over twice as large as the Small LCD
BLUs segment. Much of the growth in this segment is driven by two
developments: LEDs surpassed neon as the dominant lighting technology
for so-called channel letter signs in 2007, and the rapid growth of
LED video signs and billboards starting in 2008.
Automotive applications are also projected to grow rapidly during
the forecast period. While applications such as headlights will
present fairly modest potential, brake lights and other applications
will drive high volumes of LED driver IC sales. This analysis reviews
trends in 21 automotive application sub-segments across the major
application categories of Automobiles, Light Trucks and Commercial
Trucks and Buses.
Following the analysis of trends in specific application
sub-segments, the report details trends in battery-powered
applications versus ac-line powered applications. Today,
battery-powered applications such as cell phone handsets, digital
still cameras, and so on dominate unit sales. Their lower average
selling prices puts battery-powered applications in second-place
behind higher-priced ac-powered applications in terms of dollar sales.
While ac-line powered applications are currently the largest segment
in terms of dollar sales, they are also the fastest-growing. By the
end of the forecast period, unit sales of ac-powered applications will
rival unit sales of battery-powered applications for LED driver ICs.
As a result, ac-powered applications such as signals, signs and
billboards, illumination, and so on will increase their already
dominant dollar market share between 2008 and 2013.
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Introduction
Worldwide Forecast Overview
Pricing Assumptions
LCD BLU Forecasts
Small LCD BLUs
Medium LCD BLUs
Large LCD BLUs
Automobile, Truck and Bus Forecasts
Automobiles and Light Trucks
Commercial Trucks and Buses
Automotive Application Sub-segments
Signal, Sign and Billboard Forecasts
Illumination Forecasts
Projection Display Forecasts
Photographic Lighting Forecasts
Forecasts by Power Source
Battery-Powered Application Forecasts
AC Line-Powered Forecasts
Appendix A - Forecast Methodology
Appendix B - Characterizing General Illumination Lighting
List of Exhibits
Tables
Graphs
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For more information visit
http://www.researchandmarkets.com/reports/c93079.
Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
Fax: +353 1 4100 980
Copyright Business Wire 2008
