In this paper a concept of lexical need is introduced and its application in research of cognitive aspects of translation is discussed. Further discussion elaborates mechanisms of development of translator's lexical space in the course of translation. Authors discuss the importance and special nature of low-frequency lexical units and difficulties encountered when studying their usage and suggest that the lexical need concept help these studies. Lexical need analysis can be also used to learn specifics of translator's lexical space and then to take measures for selection of translators and improvement of their skills.