HB LED Market Growth Slower But Healthy, Says Strategies Unlimited

Strategies Unlimited of Mountain View, California USA, reports that the high
brightness LED market which once had the astonishing annual growth rate of 46
percent per year, only grew 6.2 percent in 2005. The reasons the research firm
cited for the slowing growth include: over capacity among Asian Manufacturers
leading to price erosion and the saturation of the mobile phone market for full
color displays. The mobile appliance market still accounted for 52 percent of
the HB LED market in 2005, according to Strategies Unlimited. The company said
that all other HB LED applications grew at a very healthy rate of 18 percent
for 2005. The company expects a more modest annual growth rate of 15 to 20 percent per
year for the HB LED market for the next five years.