Market research firm strategy analytics analyzes gaas and composite semiconductor technology, "2006-2011 solid-state lighting market, it is expected that the solid-state led lighting market will grow by 21% in 2111. It will be from emerging lighting applications including architecture, work lighting, etc. Not residential lighting

Strategy analytics predicts that the global composite market will grow at a compound annual growth rate of 4%, and in 2011 the overall market solid-state lighting technology will penetrate no more than 3%. Strategy analytics does not expect significant growth in the residential and consumer markets by 2014 or 2015.

Stephen entwistle, vice president of strategy analytics, said environmental issues have led consumers to look for eco-friendly lighting products. They will only be purchased when the price reaches a suitable point. The slow and lengthy adoption of energy-efficient compact fluorescent bulbs must be acknowledged when making optimistic predictions about the solid-state lighting market.

In addition to business challenges, there are technical challenges to overcome. One of the obstacles is that white light ensures consistency with the life of the lamp. In the short term, demand from other markets, such as automotive, aerospace and medical, will contribute to the development of the general lighting market.



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