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High Brightness-led Applications - What Customers Want: A Five-Year Forecast of OEM Buyer Requirements
CIR
As part of our long history is researching the optoelectronics markets, the once niche-oriented Hb-led market is reaching a significant size and new technology developments promise to infuse Hb-leds into nearly every aspect of modern life.The incandescent electric light is nearly everywhere in our daily lives yet it has not changed very much since first invented almost 100 years ago! Florescents and compact florescents are only about 30 years old. Simple red and green LEDs used as power on/off indicators in almost every electronic device today are manufactured in billions-per-month quantities.
The Hb-led is the “indicator light on steroids” and the first truly innovative type of lamp invented in 30-plus years. These new semiconductor-based lights promise not only to replace incandescent and florescent lights in almost every application but also create some brand new applications that were not possible with conventional lamps.After slowly developing over many years in niche applications-costs are dropping and volumes are increasing at rapid rates. New visible colors, and wavelengths, even in infrared and ultraviolet regions, are emerging as promising new products. Brightness continues to inch upwards.
Hb-leds are finding new applications every day and the future product trends are in its favor, supporting increased usage. Beginning in very niche applications, Hb-leds are now entering many mundane products such as televisions, PC displays, digital cameras, cell phones, automobiles and traffic lights, and general-purpose lighting. New investment is fueling new technology that is rapidly advancing and accelerating the state of the art.
CIR’s research team has seen rapid growth in many other markets including wireless, optical and telecom. The transition from “market niche” to “mainstream” is fraught with many hazards that have completely reset the leadership in other markets. With each new stage of growth come new challenges for manufacturers trying to manage the growth, capital investments and other resources, and not least- figure out where the customer’s head is going. It’s not easy to get it right. Growth does not always materialize the way one expects, as many in the telecom industry will attest. Many times the dominant market leaders at the start of the race are not even in the game when the next phase of growth occurs.
Manufacturers that will be the most successful will be those that can boil down the ocean of information and conflicting customer demands and focus on a few simple truths that are rooted in what the customer wants. This report is designed to provide guidance in this area and offer a detailed five-year market forecast - in both volume and value terms. New and innovative applications are explored.
Key objectives of this report:
- To examine and summarize what customers want--identify evolving customer requirements.
- To examine the innovative new products and applications that could propel the industry into the next phase of growth.
- To provide a detailed five-year forecast of the mainstream devices, in both volume and values, in all of the key application areas.
- To propose scenarios on how the Hb-led industry could change as it transitions from niche to mainstream over the next five years with new capital, talent and innovators flocking to the field.
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