21 May '13, 5am

Revenues for drivers in LED general lighting applications to triple, says IMS Research

Revenues for drivers in LED general lighting applications to triple, says IMS Research Press release; Jessie Shen, DIGITIMES [Tuesday 21 May 2013] Global revenues for LED driver ICs used in general lighting applications will more than triple from 2012 to 2015, as the market for solid-state illumination booms, according to IMS Research. The market governing LED driver ICs for lighting will surge to US$666 million in 2015, up from US$214 million in 2012, said IMS. Growth will moderate somewhat during the following years, but revenues are expected to continue to expand, reaching US$810 million in 2018. "Major advances and cost reductions in lamps, luminaires and automotive lighting are spurring the rapid growth of the market for LEDs in general lighting applications," said Stephanie Pruitt, lighting and LEDs analyst for IMS. "This in turn is generating major opportunities for...

Full article: http://www.digitimes.com/news/a20130521PR200.html

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