Digitimes Research: Global high-brightness LED value estimated over US$12.7 billion in 2014
Jessie Lin, DIGITIMES Research, Taipei [Friday 13 December 2013]
Global production of high-brightness LED chips in 2014 will reach a total value of US$12.743 billion, increasing 129% on year, according to Digitimes Research.
LED lighting will take up 39.4% of high-brightness LED chips to be produced in 2014, followed by mobile device LED backlighting with 18.6%, LCD TV backlighting 8.5%, LED display boards 7.7%, automotive use 6.8%, tablet backlighting 6.3%, notebook backlighting 4.9% and LCD monitor backlighting 2.3%, Digitimes Research said.
Global LED lighting will reach a total market value of US$25.82 billion, hiking 38% on year and taking up 23.4% of total market value for all types of lighting. Of LED chips to be used in lighting in 2014, light bulbs will account for 36.8%, tubes 33.4%, downlight/projection lamps 23.3% and street lamps 6.5%.
Content from this blog post was provided by the Digitimes Research Tracking team, which focuses on shipment data and market trends in the global mobile device supply chain. Digitimes Research provides quarterly tracking services for market sectors such as Global Tablet, China Smartphone, China Smartphone AP, China Touch Panel, Taiwan ICT and Taiwan FPD. Click here for more information about Digitimes Research Tracking services.