Falling product costs will help to propel the market for LED-based luminaires to some $25 billion in 2023, up more than a factor of 12 from today’s figure of $2 billion and equivalent to a compound annual growth rate (CAGR) of 25 per ...
Driven by superior features and falling costs, the market for LED luminaires, or optimized permanent light fixtures, will grow more than 12-fold over the next decade – at a compound annual growth rate (CAGR) of 25% from $2bn currently ...
Tags: LED luminaires, package costs
. Falling product costs will help to propel the market for LED-based luminaires to some $25 billion in 2023, up more than a factor of 12 from today’s figure of $2 billion and equivalent to a compound annual growth rate (CAGR) of 25 ...
The trend in lowered prices in the LED market has not changed. With LED chip prices expected to drop substantially in the next few years, packaging is also facing pressure to lower costs. According to current LED component costs, package ...
Tags: LED, LED chip, LED component
LEDs are “going mainstream but are still not yet a mature commodity”, according to market analyst Yole Développement in its latest ‘LED Packaging’ report. The analyst determines that the combination of growth ...
Tags: LEDs, LED package, LED Package Costs