According to High Power executive, Charles Wei, president of Taiwan-based High Power Lighting, LED lighting will see explosive growth in 2010 when production costs are expected to halve compared to present levels, which focuses on high power LED design, packaging and module manufacturing.

He said LED lighting, with its high production costs at US$20 per 1,000 lm/w, is currently much less competitive than incandescent of fluorescent lamps. Production costs are about US$0.3 per 1,000 lm/w for tungsten lamps and about US$0.6 per 1,000 lm/w for fluorescent lamps, he added. Although many countries are trying to set timeframes for imposing a ban on incandescent light bulbs, LEDs will not be the only lighting alternative. But with LED technology improving, production costs will fall to US$10 per 1,000 lm/w by 2010, making it more competitive and triggering an explosive growth in demand, he commented.