Jessie Lin, DIGITIMES Research, Taipei [Thursday 7 March 2013]
The global output value of high-brightness LEDs in 2013 is predicted to reach US$11.29 billion, representing an on-year growth rate of 15.8%. Increasing demand for LED lighting applications is the reason for the anticipated growth in market output value.
LED lighting applications are estimated to account for 30% of all LED applications in 2013, according to Digitimes Research. Among all LED applications, the percentage of medium- and large-size LED backlight applications is forecast to drop to 27.6% in 2013 due to falling shipments of notebooks and monitors. In addition, direct-lit LED TVs require fewer LEDs per unit.
The global LED lighting market is likely to achieve an output value of US$25.4 billion in 2013. The penetration rate is expected to grow because there is still room for price falls for LED products. The price falls are estimated at around 20-25% in 2013. In addition, the price-performance ratio of LED components in 2013 is forecast to reach 1,000lm/US$1. Furthermore, commercial tubes and ceiling lights that use a higher number of LEDs are the focus for firms in 2013, which will help to increase the penetration rate of LED lighting among all lighting products.
Digitimes Research predicts the combined market share of top 10 LED lighting firms in 2013 will be 45%. The combined market share of the top two firms, Philips and Osram, will be 23.1% in 2013. Furthermore, firms that used to focus on traditional lighting will increase the shipment percentage of LED lighting products from 20-25% in 2012 to more than 30% in 2013.