Event Date/Time: Oct 21, 2002 End Date/Time: Oct 23, 2002
Early Registration Date: Aug 30, 2002
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Description

Light-emitting diodes have evolved significantly in the last 5 years, with growth rates as high as 58% a year. The newly forecasted market size is $3 billion by 2006. Despite an increase in sales for 2001, the LED industry experienced little to no growth in 2001 due a decrease in LED unit prices. However, in spite of slow economic growth worldwide, LEDs continue to penetrate new and existing markets. LEDs claim 20% of the traffic signal industry in North America, up from just 8% a year or two ago. The success of LEDs lies in their longevity (LEDs outlast incandescent lamps by a factor of 10), energy efficiency, durability, low maintenance cost, and compact size. Replacing conventional lamps with LEDs in the United States alone will bring energy benefits of up to $100 billion by 2025, saving up to 120 gigawatts of electricity annually.

LEDs are a proven success in traffic signals and exit signs and they are now competing for market share in automotive and aeronautical applications, signage, “architainment”, architectural, contour and roadway lighting. The list of applications is exploding due to improved brightness and power for both white and colored LEDs. These new uses include backlighting for large and small displays. For example, colored screens in cell phones will increase from the current 10-12% to nearly 100% in 3-4 years. The potential for LEDs in these markets is substantial. LEDs are also advancing into the $15 billion global general illumination market.

Semiconductor manufacturers are introducing powerful green and blue LEDs with lower cost solutions--such as gallium nitride on silicon wafers--to strongly compete with silicon carbide (SiC) and sapphire-based LEDs. The elusive goal of an effective white LED has come closer in the past year with the introduction of UV LEDs which permit a range of opportunities in general lighting, cell phones and PDAs, and larger display applications.

Technical hurdles still need to be overcome before LEDs become a truly viable option for the general illumination market. Although cost has decreased considerably in the last two years, these cost decreases must accelerate before LEDs can replace incandescent lamps in more applications. Other problems include finding the right “white” light with improved color rendering, integrating efficient optics and fixture design, and developing thermal resistant packaging. Industry standardization and universally accepted testing equipment are still years away. Overall though, the future for LEDs is getting brighter in every possible way.

Conference Audience: Over 200 Industry Leaders

Venue

1441 Quivira Road
San Diego
California
United States
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