LED chipset demand to reach 1.4 billion in 2018
The forecast figures were measured in standard units (500 x 500 micron chip size).
“This forecast growth in the LED market is due in large part to increasing demand from the LED lighting segment,” said Steven Sher, analyst for DisplaySearch. “As
average selling prices continue to fall, shipments of all LED lighting products will remain on the rise.”
In 2014 the LED market became more integrated from chip to channel, as competing companies merged and supply-chain companies acquired LED industry players. “The LED chip industry is expected to fare better than the LED package industry, as demand for lighting continues to increase through 2018,” explained Sher.
While previously strong, the chipset demand from LCD TV backlights has slowed, due to a combination of sluggish growth in LED-backlit LCD TV sales, as well as improved
efficiency in the number of chips used per backlight. For those reasons, growth in the global demand for chipsets used for display backlighting flattened after 2012, with a slow decrease forecast after 2014.
LED Chip Demand in Backlights and Lighting
Source: DisplaySearch Quarterly LED Lighting and Display Supply/Demand Report, Q3 2014.
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