Large-size LCD panels with LED backlight applications with rates rising, the global LED market is expected to grow rapidly. According to statistics, the global LED market in 2007 about 50 billion U.S. dollars, 2013 is expected to grow to 14 billion U.S. dollars may be. Market terms from the application to large-size panels and lighting the most significant market growth, compound annual growth rate reached 135% and 30%. In addition, governments began banning the production of incandescent bulbs to stir, the estimated output in 2013 will exceed the LED lighting applications handheld device 15.5 billion U.S. dollars, up 1.97 billion U.S. dollars, the annual compound growth rate of about 30%.
South Korea’s market research firm Display Bank expects the global LED market in 2009 about 69 billion U.S. dollars, to 2013 may grow to 14 billion U.S. dollars, of which the market from the application point of view, to hold the first large-size panel market, handheld applications are living in 2.
2007 Global large-size LED backlight output of 4,100 million U.S. dollars, to 2013 is expected to grow to 6.97 billion U.S. dollars, is expected compound annual growth rate of up to 135%. From a volume perspective, the 2007 global large-size LED backlight panel is only 9,200 million units by 2013 is expected to grow to 38.4 billion, the annual compound growth rate of 173%.
In the hand-held device applications, the 2007 global LED backlight handheld device shipments reached 16.6 billion, to 2013 is expected to grow to 24 billion, the annual compound growth rate of 7%. In the output, since the prices continue to decline in the LED, LED backlight 2007 handheld devices output of 23.3 billion U.S. dollars, however, although the 2013 volume will increase, but the value of reducing, only 1.55 billion U.S. dollars, annual compound growth rate of -7%.
In lighting applications, LED lighting market in 2007 worldwide shipments of only 770 million, is expected to increase in 2013 to 7.28 billion, the annual compound growth rate of 47%. Income from the business point of view, the 2007 global LED lighting output of 4.1 million, to 2013 is expected to grow to 1.97 billion U.S. dollars, exceeding 1.55 billion handheld devices, the annual compound growth rate of 30%.
In addition, U.S. market research firm Strategies Unlimited has also published its statistics. Strategies Unlimited believes that although the LED lighting to replace traditional lamps in the market is still in its infancy, but the Strategies Unlimited optimistic estimates 2009 to 2013, LED lighting compound annual growth rate is expected to reach 107%.
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