TV Applications to Dominate LED Demand through 2013, then LED Lighting Will Take Over in 2014

DisplaySearch released its latest report entitled, Quarterly LED Supply/Demand Market Forecast Report. The company notes that demand for LEDs continues to rise, with TV applications expected to dominate LED demand through 2013. TV applications are forecast to account for nearly 50% of total LED backlight market demand. The company projects that LED lighting will capture the lead by 2014, as demand for LEDs in LCD TV backlights falls. This drop is expected due to a decrease in the number of LED packages per set through efficacy enhancements and cost reductions.

“The market for LED backlights continues to grow as manufacturers leverage the technology for large display applications like notebooks, monitors, and TVs,” noted Leo Liu, Senior Analyst at DisplaySearch. “In addition, there are a growing number of emerging applications for LEDs, such as lighting, signal, and automotive applications.”


SOURCES: HomeLights & solidstatelightingdesign