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Research and Markets: Global Packaged GaN LED Market 2014-2018: Leading Vendors Include Cree, Epistar, OSRAM Opto Semiconductors & Samsung ElectronicsDUBLIN --(Business Wire)-- Research and Markets (http://www.researchandmarkets.com/research/j3nws3/global_packaged) has announced the addition of the "Global Packaged GaN LED Market 2014-2018" report to their offering. The Global Packaged GaN LED market to grow at a CAGR of 8.02% over the period 2013-2018 LEDs are widely used for general lighting applications in residential complexes, offices, retail stores, hospitals, and industries, and also used for outdoor lighting applications. Compared to other types of LEDs, packaged GaN LEDs have some unique advantages including high luminosity and power efficiency. However, their main disadvantage is the high cost compared to standard LEDs. One of the major trends emerging in the market is the declining average selling price of LED light bulbs, which is expected to increase their adoption in various general lightingapplications, predominantly in the residential sector. According to the report, one of the main drivers in this market is the increased adoption of packaged GaN LEDs in general lighting applications because of their higher luminosity and power efficiency. Further, the report states that the limited thermal tolerance of GaN LEDs is one of the major challenges in this market. High-temperature environment such as that seen in industrial applications not only reduces the power efficiency of GaN LED bulbs, but also shortens their life span. In terms of application, the Global Packaged GaN LED market can be segmented into five:
Key Vendors Key Topics Covered:
For more information visit http://www.researchandmarkets.com/research/j3nws3/global_packaged
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