At the "Strategies in Light" conference theme forum, Robert Steel e from the US market research firm Strategies Unlimited believes that in the long run, the foundation for high-brightness LED market growth is very healthy, and the focus in 2010 is still Will be in high-brightness LED applications, technology and industrialization. In the next five years or more, advances in technology and production will be key to driving the continued growth of the LED application market. Kitchen Appliance,Small Kitchen Appliance Cooker,Counter Top Electric Cooker,Electric Hotplate Cooker Shaoxing Haoda Electrical Appliance Co.,Ltd , http://www.zjhaoda.com
Mr. Robert Steele predicts that in 2010, the high-brightness LED market will see a 53% surge, reaching $8.2 billion. As LED backlights and lighting for LCDs will be the biggest driver of growth in this market, by 2014, the market will reach $20 billion, with a compound annual growth rate of more than 30.6%. 