Conducted by DisplaySearch, the study suggested that the technology will have a 56 per cent share in the industry by 2011. This is expected to increase to 78 per cent by 2015.
Furthermore, the research firm's Quarterly LED & CCFL Backlight Report suggests that the traditional lights currently used in devices such as notebooks, computers and TVs will fall in popularity to 44 per cent over the next two years.
Yoshio Tamura, senior vice-president of DisplaySearch and leader of the materials and cost research team, said: "We are seeing a tremendous LED backlight structure improvement with cost reduction and supply chain revolution efforts and this will only accelerate over the next five years."
In related news, Dialight recently signed a new agreement that will see a major US telecom tower operator utilise its LED white strobe technology.
