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LED lighting set to drive power semiconductor market to reach $3bn in 2016

March 16, 2012 // Paul Buckley

LED lighting set to drive power semiconductor market to reach $3bn in 2016

Market analyst, IMS Research, has issued a new report that forecasts that the global market for power semiconductors used in LED lighting will reach more than $3 billion in 2016.


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IMS Researchs report entitled Opportunities for Power Components in LED Lighting, revealed that rapid uptake of LED lighting, driven by demand for more efficient lighting and legislation against incandescent lamps, will result in a potential market of 19 billion power semiconductor units by 2016, worth over $3 billion.

The largest opportunity is identified in retrofit LED lamps which are projected to drive more than $2 billion of power semiconductors in 2016. The expanding range of available lamps with varying electronics design, requirements and specifications are driving opportunities for manufactures of power semiconductors.

Report co-author and senior market analyst, Ryan Sanderson, commented: The complex electronics involved in LED lighting adds a new challenge for traditional manufacturers of lighting solutions. Most designs require knowledge of power electronics, something which many suppliers dont currently have in-house . The LED lamp market is projected to drive over $1.5 billion of AC-DC and DC-DC controllers and low power MOSFETs (used in solutions which use a controller with an external FET) in 2016.

The market report also found that LED luminaires present a huge opportunity for power semiconductor manufacturers. One of the largest projected LED lighting markets in 2016 is high power LED luminaires over 60W, for applications such as street and industrial lighting. Collectively, these applications are forecast to drive a power discrete market of more than $1 billion by 2016, accounted for largely by power MOSFETs and rectifiers sold both directly to LED luminaire and to merchant power supply manufacturers.
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