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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%.

This article is an excerpt from a Digitimes Research Special Report (2014 global high brightness LED market, trends and shipment forecast). Visit our latest Special reports.


The DIGITIMES editorial staff was not involved in the creation or production of any sponsored content or press release provided in the commercial news wire service. Companies looking to contribute commercial news or press releases are welcome to contact us.

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