LED industry after 2006 will still maintain 2 digit growth, which Chinese and South Korea's LED industry will grow rapidly. Taiwan Corporation Taiwan Optoelectronics Association (PIDA) analyst Robert Su in the discussion LEDEX Japan 2005 "will do the above forecast.
According to Robert Su analysis, LED global market size compared with the previous year will increase by 10.9% in 2006, reaching $7 billion 465 million in 2007 reached $8 billion 270 million in 2008 reached $9 billion 292 million. From different regions, Japan and Taiwan will continue to maintain a high share of the market by 2008, while forecasting: "South Korea and China's growth rate will be very high."
For example, from 2005 to 2008, the growth rate of the LED market forecast, compared with 1.22 times in Japan, Taiwan, South Korea, China and the times of 1.31 times, respectively, 1.67 times, 1.87 times. In this way, the share of the global LED market in Korea and China will expand from 9.3% and 6.3% in 2005 to $11.2% and $8.5% in 2008. The share of Japan and Taiwan will be reduced from 45.8% and 17.5% in 2005 to $40.5% and $16.5% in 2008.
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