Packaged LED Industry Estimated to Grow with 28.2% CAGR by 2015

Research and Markets has released a new report titled ‘Status of the LED Industry’. The report offers a detailed analysis of the LED industry with key market data.

According to the report, the packaged LED market is undergoing significant growth with a projected CAGR of 28.2% for 2009-2015 period. Currently, the growth in the LED sector is propelled by large LCD display applications. The growth driven by small display applications is almost over, while the large LCD display applications will grow by 2015. During this time, general lighting applications would start the third growth cycle in the LED industry.

The report provides updated volume, company positioning, key market metrics, split by application with capacity analysis, price trends and forecast for packaged LED. In addition, the study profiles various LED manufacturers in the LED industry. The key topics covered in the report are glossary, scope of the report, executive summary, methodology, organic LED (OLED) overview, LED manufacturers capacity analysis, general lighting segments review, automotive market, general lighting driving forces, end demand analysis for non lighting applications, CHIP forecast and definitions used in this report.