Trend: High growth niches include Solid state lighting, Solar power, Wind energy, and High-definition-video.
Tobin Smith of ChangeWave Investing describes four hyper-growth niches at MSN Money. Excerpts below.
Link: Tobin Smith Journal.
...multitrillion-dollar mega-economic, technological, demographic and political ChangeWaves set the fundamental secular engines of growth for the world economy. Now we look inside these engines of transformation for the niche hyper-growth areas (20-40% plus secular annual growth rates out 3 to 5 years):
1. Solid state lighting. The mandated death of the incandescent light bulb. This 100%-plus annualized demand growth wave is HUGE.
2. Solar power. The wave of mandated carbon reduction creates a 40%-plus demand growth wave for the next three to five years.
3. Wind energy. Wind-turbine growth will run at more than 75% a year for the next four to five years, with turbine capacity sold out.
4. High-definition-video. The transformative rise of video-over-IP (YouTube growing 7% per week) and now high-definition video creates the next great wave of infrastructure growth.