LED industry will remain after 2006 2-digit growth, with China and South Korea's LED industry will grow rapidly. TAIWAN Taiwan Optical Association (PIDA) analyst Robert Su in "LEDEX Japan 2005" made the seminar more than forecast.
According to Robert Su analysis, LED global market, compared with the previous year will increase by 10.9% in 2006, reaching 7.4 billion 65 million U.S. dollars, 8.2 billion in 2007 $ 70,000,000 2008 $ 92,000,000 9.2 billion. From different regions, to 2008, Japan and Taiwan will still maintain a high share, forecast: "South Korea and China's growth rate will be very high. "
For example, from 2005 to 2008, growth in LED market forecast, compared to 1.22 times that of Japan, and Taiwan's 1.31 times, South Korea and China were 1.67 times, 1.87 times. Thus, the global LED market share of South Korea and China in 2005 will be 9.3% and 6.3% expansion in 2008 to 11.2% and 8.5%. Japan and Taiwan share will be 45.8% in 2005 and 17.5% to 40.5% in 2008 and 16.5%.
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