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Packaged LEDs in general lighting to grow

Global consumption of packaged component-level light-emitting diodes (LEDs) used in solid-state lighting (SSL) general lighting applications reached $500m in 2010 and will rise at an average annual growth rate of 33.2% to $2.1bn in 2015 and then more quickly at 44.9% to nearly $13.4bn in 2020, forecasts ElectroniCast Consultants in its latest 10-year market study*. The report also forecasts average selling price (ASP) over the 2010–2020 timeframe.

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