Many consumers have an annual rendezvous with LED lights during the holidays - hanging up colorful lights on the house or encircling a festive Christmas tree.  And in the past, many people had very little experience using this type of energy-efficient lighting technology for general lighting uses. 

But according to semiconductor research company iSuppli, LED lights are big this year, REAL big. Isuppli on Tuesday forecast double-digit sales growth in the next three years for all types of LED lights, which are increasingly used in everything from street lights to flat-screen TVs. Although LEDs are still mostly used for other lighting applications, LEDs have started to penetrate the residential market as a replacement for incandescent or compact fluorescent bulbs, it said.

Multiple retailers around the world are actively promoting LED lights for indoor and outdoor decorative illumination applications. Meanwhile, LED lights with the Edison sockets used for replacing conventional light bulbs are starting to appear on the shelves of many of these same stores, making them a viable choice for general illumination applications.

“The LED industry is on the threshold of a new expansion phase—a phase that will be characterized by growth rates in the high double digits during the next three years,” said Dr. Jagdish Rebello, director and principal analyst at iSuppli. “This growth will be driven by the increased adoption of High Brightness (HB) and high flux—also referred to as high power or Ultra High brightness (UHB)—LEDs into a new range of next-generation lighting applications.”

Global LED revenue will expand by 10.9 percent in 2009 to reach $7.4 billion, up from $6.7 billion in 2009. This comes in stark contrast to the overall semiconductor market, which is expected to contract by 12.4 percent in 2009 because of the slowdown in the global economy.

By 2013, the global LED market will reach $14.3 billion, nearly double from 2009.

While adoption of LED technology by consumers is increasing at a rapid pace, the number one barrier to broad and immediate adaptation is the high up-front cost of the bulbs.  The Lemnis 60-watt replacement costs about $50 and a 40-watt replacement from Osram Sylvania costs about $35.

The Department of Energy hosts the Lighting Facts Web site, where it lists manufacturers and offers a volunteer labeling system with information on light output and efficiency, expressed in lumens per watt.

Copyright Green Technology Daily 2009. All rights reserved. 

Comments (2)

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led street lights
written by kingsun, March 10, 2010

High Power LED Street Lighting technology had already become the most economic, environmental friendly and energy-saving products in the world.

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led
written by kingsun, March 10, 2010

As the leading company in Manufacturing the light-emitting diode (LED) illumination Lights and LED Street Lights products for more than 16 years,

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