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Research and Markets Adds Report: Global Packaged GaN LED Market 2012-2016 [Professional Services Close - Up](Professional Services Close - Up Via Acquire Media NewsEdge) Research and Markets has announced the addition of the "Global Packaged GaN LED Market 2012-2016" report to its offerings. In a release, Research and Markets noted that report highlights include: TechNavio's analysts forecast the Global Packaged GaN LED market to grow at a CAGR of 12.1 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increased adoption of packaged GaN LEDs in the Lighting segment. The Global Packaged GaN LED market has also been witnessing the miniaturization of packaged GaN LEDs. However, the demand and supply imbalance of packaged GaN LEDs could pose a challenge to the growth of this market. Key vendors dominating this space include Cree Inc., Epistar Corp., Osram Opto-semiconductors GmbH and Samsung Electronics Co. Other vendors mentioned in the report are NXP Semiconductors N.V, Soraa Inc., and Seoul Semiconductor Co. TechNavio recognizes the following companies as the key players in the Global Packaged GaN LED Market: Osram Opto Semiconductors GmbH, Samsung Electronics Co., Cree Inc. and Epistar Corp. An analyst from TechNavio's Hardware team said: "One of the major trends in the Global Packaged GaN LED market is rapid technological advances. The continuous technological advancement has increased the number of applications in which packaged GaN LEDs are used. Furthermore, these advances have enabled packaged GaN LED vendors to deliver high-quality output for customers. The technological advancement has resulted in the development of advanced, compact, and power-efficient packaged GaN LEDs that can be deployed in a wide range of applications." According to the report, one of the main drivers in this market is the increased adoption of packaged GaN LEDs in the Lighting segment. Packaged GaN LEDs are used in houses, offices, shops, hospitals, industries, and for outdoor lighting purposes. Packaged GaN LEDs are fast replacing incandescent lamps owing to their higher luminosity and power efficiency. Report information: researchandmarkets.com/research/cpmdfg/global_packaged ((Comments on this story may be sent to [email protected])) (c) 2013 ProQuest Information and Learning Company; All Rights Reserved. |