LED based lighting products will drop to $2 in 5 years

According to Power Analog MicroELectronics company said in terms of technology, LED lighting products have to meet U.S. safety lighting standards, but the price cost is still too high to widely used in ordinary family lighting, however, Power Analog Microelectronics estimates based on LED lighting products will be in 5 years from now. The $10-20 price fell $2. According to the Taiwan optical industry and Technology Development Association, the global lighting market size of $70 billion a year, including the general lighting market about 40 billion, but the LED products are used in lighting market penetration accounted for only 1%. Power Analog Microelectronics is actively developed for high power 700 volt LED driver based on LED lighting products. The use of 700 V LED drive does not require conversion of current and components can be simplified, which helps to reduce costs. The output power can reach 10 watts and the voltage can reach up to 700 watts. Can also provide 8 watts for automotive lighting applications. Power Analog Microelectronics company expects the company will complete the design of the sample before the end of 2008 and start mass production in 2009.

Source: China Lighting Trade Network