High-Brightness LED Market Review and Forecast - 2011

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Strategies Unlimited Forecasts LED Revenue to Peak at $16.2B in 2014. Revenues for high-brightness LEDs grew by a remarkable 108% to $11.2 billion in 2010, according to a new market report by the leading firm following the LED market, Strategies Unlimited. The growth was propelled by applications in TV backlight units, but expanding supply and a slowdown in overall TV demand in 2011 led to a drastic drop in LED prices, leading to a revised estimate of $12.3 billion in LED revenues for 2011.