Global LED market is expected to witness rapid growth, led by increasing demand for efficient displays and lighting fixtures along with the rising awareness levels about energy conservation. Though high prices restricted the initial use of LEDs to a small group of applications (which included decorative lighting, exit signs, architectural lighting, and entertainment lighting), the current LED market is relatively broad in terms of end-use applications and encompasses backlighting applications like notebook PCs, LCD TVs, and handsets; lighting applications like general lighting applications, automotive applications and display applications like video walls and signage displays.  The global LED market is dominated by five companies from USA, Europe and Japan, but South Korean and Chinese manufacturers have been constantly growing during last decade while they were mainly serving as suppliers for the American and European companies.

High quality picture image and power efficiency are the major driving factors for LED display market whereas LED lighting market will be driven by general lighting segment in next 3 to 5 years due to the increasing awareness about high efficiency of LED lighting fixtures, dimablity, longer lifespan and increase in green building construction.

The revenue for the overall LED displays, lighting and fixture market is expected to grow from $10,530.00 million in 2011 to $31,561.55 million in 2016 at an estimated CAGR of 24.8%. The LED display market currently is estimated to be $5,400.00 million in 2010 and is expected to generate $12,490.53 million at an estimated CAGR of 15.0% from 2011 to 2016. As of 2011, the LED lighting and Fixture market is estimated to $4,320.00 million in 2011 and is expected to grow with a healthy a CAGR of 35.0% from 2011 to 2016 to reach $19,371.02 million by the end of 2016.

The agenda for the briefing includes discussion on key high growth markets, thereby marking the growth trend in LED displays, lighting and fixture market. Furthermore, a briefing will be conducted on the competitive scenario and geographic trends and opportunities in the macro- and micro-markets with respect to North America, Europe, Asia-Pacific and ROW.

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