The LED market, following two years of strong revenue growth, seems to diminish in 2012. Strategy Analytics’ report ‘The Compound Semiconductor Industry Review January 2012: Optoelectronics, Materials and Equipment’, emphasizes on LED sector’s equipment expenditure and highlights that the demand for epitaxial substrate will recede in 2012.
This report substantiates the latest statements made by equipment producers including AIXTON, wherein Asian governments offer substantial funding that covers up inherent softness in LED demand. Furthermore, the report includes declarations made by companies including GigOptix, Avago Technologies, Soitec, Cree, Sumitomo Electric, Renesas Electronics, AXT, IQE, First Solar, Oclaro, JDSU, and Lumileds.
According to Eric Higham, Director of the Strategy Analytics GaAs and Compound Semiconductor Technologies Service, the LED industry has shown successive growth in phases, initially used for backlighting in small end-user devices such as mobile handsets, followed by varied lighting applications in automotives, electronic sign, TV, laptop, and for commercial and residential LED lighting applications.
The Director of Strategy Analytics Strategic Technologies Practice, Asif Anwar, says that in spite of demand recession, companies take efforts to develop products that will promote cost and performance efficiency in the future installation of LED.
This report by Strategy Analytics includes declarations made by January 2012 suppliers on product, financial, employment and contract. The major suppliers include those belonging to optoelectronic material, device and equipment categories. The report classifies laser, LED and compound photovoltaic activity, and material and equipment.
Source: http://www.strategyanalytics.com/