- News
15 June 2011
LED makers target general illumination lighting market
The viewpoint from market research firm Strategy Analytics summarizes April's product, technology, contract, employment and financial announcements by major optoelectronic material, device and equipment suppliers such as Aixtron, Kopin, Cree, Philips Lumileds, Ciena and GT Solar (categorized by material and equipment, laser, LED and compound photovoltaic activity).
“The global effort aimed at phasing out less-than-efficient incandescent light bulb creates a big opportunity for alternative lighting sources,” says Eric Higham, director of the Strategy Analytics GaAs and Compound Semiconductor Technologies Service. “LED manufacturers are responding with products and technology that reduce costs while improving LED-based general lighting aesthetics,” he adds.
“In addition to LEDs, the optoelectronics industry is realizing energy savings with product developments and investments aimed at increasing capacity and efficiency of solar energy infrastructure,” notes Asif Anwar, director, Strategy Analytics’ Strategic Technologies Practice.
GaN LED market to grow 38% in 2011
LEDs General illumination lighting market LEDs market