LED lighting market peaked in the next five years

　　IMS Research analyst said the market for general lighting applications, high-brightness LED market value will likely peaked in 2017 , and then with a sharp decline in technology costs began to decline. LED supplier's "Golden Age" will go to 2017 in 2013.

　　During this period , LED strong market penetration is expected to grow to 10 percent by 2014 and 25 percent by 2017 from the current few percentage points. Despite the rapid decline in the cost of LED may in the next five years , but after 2017 in order to hinder the growth of start LED chips for general lighting applications market values.

　　However, in 2018 , the market is saturated with LED falling prices and a long life of the LED technology offers the lamp replacement rate drops cause general lighting applications, LED market began to shrink .

　　LED lighting applications in the broader areas of the market will usher in significant growth in 2017 to $ 120 billion from the current $ 85 billion . But with the cost reduction and market saturation , after ten years , the market size will shrink to $ 105 billion .