ELectroni Cast Consultants recently released a new market research report, the 2011 package of High brightness white LED global consumption of 10.77 billion U.S. dollars. ElectroniCast Consultants, as defined by High brightness white LED luminous efficiency of 30-70 lumens / watt LED.
Declining average selling prices will likely lead to challenging growth model for high-brightness LEDs in some applications. Therefore, in the 2016 to 2021, some of the applications of High brightness white LED consumption is expected to be decreased; However, the next 10 years of high-brightness LED sales are expected to grow in all application areas.
The report predicts that by 2021, High brightness white LED global consumption is expected to reach $ 69.7 billion. This data refers to the consumption of a particular calendar year, rather than the accumulated data.
The use of High brightness white LEDs in the field of mobile and portable devices will remain strong, but the organic LED will continue to occupy a certain market share. The development of this field is relatively mature, has made considerable consumption in 2012. From 2011 to 2016, consumption of High brightness white LEDs in the field of automotive / vehicle is expected to grow by more than 2 times.
Global consumption of high-brightness LED Market Forecast
2011 to 2016, High brightness white LEDs is expected to use in the field of static (non-vehicle) signals will reach the 5.5 percent average annual growth rate; but with the slowdown in price decline and market saturation, High brightness white LEDs in the field of static signal consumption will decline sharply; However, in 2016 and 2021, sales of High brightness white LEDs in the field or a slight increase.
LEDs can be applied to functional and decorative lighting, energy-saving advantages. Compared to incandescent lighting, LED solid state lighting is less heat, and its solid-state properties can provide better impact resistance, anti-wear performance, greatly improving the service life.
2011 to 2016, is expected to high-brightness LED in the logo / professional display application of the consumption will be 22.1 percent of the average annual growth rate from 2016 to 2021, this growth rate even expected to reach 35.9%. In 2016, the consumption of high-brightness LED streetlight in other applications will reach $ 710 million, will begin to decline after five years. High-brightness LEDs in the field of consumer TV / desktop display backlight will maintain a higher market share from 2016 to 2021, with a lot of market saturation and competition from organic LEDs upgrade, this share will begin to decline.
In addition, due to the improvement of luminous efficiency, as well as devices and packaging, the High brightness white LEDs package in the field of consumer-level LCD TVs and desktop monitors backlight will be reduced.
High Brightness LED consumption in the Americas – South America, Central America and North America – is expected from 2011, $ 3,880,000,000 to $ 24,730,000,000 in 2021. In 2011, Europe, Middle East and Africa (EMEA) region of high brightness LED consumption accounts for 20.2% of the global market, its market share will rise as the region from 2016 to 2021, growth will be greatly expedited.
High brightness white LED global market share
Electronicast is expected that a major factor in the promotion of high-brightness LED applications will be ongoing financial support, including subsidies and incentives, as well as regulatory and government departments launched energy efficiency bill, regulations and standards.