TMCnet News

Research and Markets: Global Light Emitting Diodes (LED) Market 2013 - 2020: Chips and Components Analysis of the $40+ Billion Industry
[October 22, 2014]

Research and Markets: Global Light Emitting Diodes (LED) Market 2013 - 2020: Chips and Components Analysis of the $40+ Billion Industry


DUBLIN --(Business Wire)--

Research and Markets (http://www.researchandmarkets.com/research/rfnrcw/global_light) has announced the addition of the "Global Light Emitting Diodes (LED) Market (Applications, Technology, Geography) - Size, Share, Global Trends, Company Profiles, Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation and Forecast, 2013 - 2020" report to their offering.

The global LED (chips and components) market is forecast to reach $42.7 billion by 2020

Asia Pacific commands dominance of the LED technology market. The region houses approximately 3/4th of the global electronics manufacturing industries. North America, due to its high-tech forensic and medical applications leads the market for UV LEDs. After the grand success of the CFL lights, light emitting diode is the next buzzing technology in the general lighting industry. Absence of hazardous liquid mercury and power efficiency has allowed LED to successfully penetrate the market and has outdone CFL lighting in the commercial market. It is anticipated that LED lights would command about 20% share of the global lighting market by 2020. This will be equivalent to 2/3rd of the revenue for LED.

Foreseeing great environmental benefits and energy saving capabilities government across the globe areimplementing LED lighting in most of the public settings. The U.S. government has already started replacing the conventional street lights with LED's, which is anticipated to complete by the end of 2014. Such developments are and will be instrument in the growth of the LED technology market.



"The growth in revenue will be slower than the rise in unit sales of LEDs due to the constantly declining price of LEDs; however, the overall market would grow at a constant pace due to growing demand for LEDs and expanding applications" states AMR analyst Ranjan Singh. "Continuous development in the technology suggests huge underlying potential for OLEDs during the forecast period," adds the analyst citing the recent rollouts of OLED mobile handsets by Samsung (News - Alert) and Nokia.

High brightness (HB) LEDs hold nearly 60% of the market share as it can provide much brighter light with lower voltages as compared to other market alternatives. The rapid growth in 4K TV segment suggests that HB LED will continue to hold the key to the growth of LED technology market. Major companies such as Samsung SDI and RIT Display are investing substantially on the development of advanced OLED display technologies. Rising application of LED in general lighting has compelled the manufactures to concentrate on the launch of new LED lighting products and expand their production. OSRAM opened its LED assembly plant in Wuxi, China, to expand its fully loaded LED capacities and also to strengthen its market position in the global LED market.


Scope of the Report

Global LED Market by Technology

  • Basic LED
  • High Brightness LED
  • Organic LED
  • Ultra violet LED
  • Polymer LED

Global LED market by Applications

  • Automotive
  • General Lighting
  • Mobile Device
  • Signal and Signage
  • Others
  • Healthcare
  • Forensic
  • Academic and Research

Key Audiences

  • Lighting Companies
  • Automobile companies
  • Display device manufacturers
  • OEM (mobile devices)
  • LED chip manufacturers
  • LED component manufacturers
  • Government Organizations

Companies Mentioned

  • American Bright Optoelectronics Corps
  • Cree (News - Alert) Incorporation
  • International Light Technologies
  • Ledtronics
  • Philips Lumileds Lighting Company
  • Samsung Electronics Co. Ltd.
  • Seoul Semiconductor Co. Ltd

For more information visit http://www.researchandmarkets.com/research/rfnrcw/global_light


[ Back To TMCnet.com's Homepage ]