07 November 2011, Pages - 29

TechNavio's analysts forecast the Global LED market to grow at a CAGR of 7.7 percent over the period 2010-2014. One of the key factors contributing to this market growth is the demand for energy-efficient lighting. The Global LED market has also been witnessing an increase in the preference for LED lighting in the Government sector and the Public Sector. However, the high price of LEDs could pose a challenge to the growth of this market.

TechNavio's report, Global LED Market 2010-2014, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report covers the Americas and the EMEA and APAC regions. It covers the market for LEDs that emit any kind of colored light. This report does not cover the market for any product, service, or solution that has LED as a light source. The report analyzes the current Global LED market landscape and its growth prospects. It also includes a discussion of the key vendors operating in this market.

Key vendors dominating this market include Nichia Corp., Samsung LED Co., Cree Inc., and LG Innotek.

Key questions answered in this report:
What will the market size be in 2014 and at what rate will it grow?
What key trends is this market subject to?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the opportunities and threats faced by each of these key vendors?
What are the strengths and weaknesses of each of these key vendors?

TechNavio's research portfolio in the Hardware series includes reports on the Smartphone Market, GPS Market, RFID Market, NFC Market, MEMS Market, PCB Market, OLED Market, DRAM Market, Barcode Scanner Market, Smart Card Market, POS Market, Microcontrollers Market, NAND Flash Market.