Overall demand for LED chip or also called semiconductor chip is expected to grow from 17 billion in 2012 to 61 billion in 2014, according to NPD Display Search.
LED chip is the integral part of the fabrication of LED bulbs.
Locating the LED chip: The heart of an LED is the semiconductor chip of which one side is attached on the top of an anvil (attached to negative power lead), and the other side connected with a whisker/post (attached to positive power lead). Photo source
More than three-fold in demand growth
Although demand for LED chips for backlight applications in display screens is expected to decline, LED lighting sales are growing, and total shipments of LED chips are on the rise. According to the latest NPD DisplaySearch, worldwide LED lighting chip sales reached $1.1 billion in 2013 and are predicted to reach $3.4 billion in 2017.
Source: NPD DisplaySearch Quarterly LED Lighting and Display Supply/Demand Report
Demand for display back-lights slowing but demand for LED lighting to increase
While consumer demand for LED lighting will continue to increase in the coming years, the demand for LED backlight chips for TVs and other display applications will start to decline after 2014.
Demand from backlights is falling due to a combination of slower growth in LED-backlit LCD TV sales and efficiency increases that have resulted in a reduction in chips used per backlight. LED backlight chip sales reached $2.0 billion in 2013, but are forecast to decrease to $1.4 billion in 2017. By comparison, consumer demand for LED lighting has increased since 2012 and is expected to keep growing through 2017.
Significant growth in consumer lighting is helping to keep the LED market on an upward trajectory, even with ongoing declines in backlight demand.
LED fluorescent tubes
As costs fall for LED fluorescent tubes, they continue to replace traditional fluorescent lighting, especially in certain offices and garages, where lighting is required on a 24-hour basis. DisplaySearch noted that, the LED tube is currently the most popular LED lighting product because, unlike traditional fluorescent lighting, LED tubes do not contain mercury, are 50 percent more energy efficient, and boast a longer lifespan.
Source: NPD Display Search
TheGreenMechanics: Very well. The Mayoy's pledge to install more LED lamps in and around Kota Kinabalu city is indeed timely. The lower power tariff for public lighting should also incentivise more lamps at strategic places.
LED chip is the integral part of the fabrication of LED bulbs.
Locating the LED chip: The heart of an LED is the semiconductor chip of which one side is attached on the top of an anvil (attached to negative power lead), and the other side connected with a whisker/post (attached to positive power lead). Photo source
More than three-fold in demand growth
Although demand for LED chips for backlight applications in display screens is expected to decline, LED lighting sales are growing, and total shipments of LED chips are on the rise. According to the latest NPD DisplaySearch, worldwide LED lighting chip sales reached $1.1 billion in 2013 and are predicted to reach $3.4 billion in 2017.
Source: NPD DisplaySearch Quarterly LED Lighting and Display Supply/Demand Report
Demand for display back-lights slowing but demand for LED lighting to increase
While consumer demand for LED lighting will continue to increase in the coming years, the demand for LED backlight chips for TVs and other display applications will start to decline after 2014.
Demand from backlights is falling due to a combination of slower growth in LED-backlit LCD TV sales and efficiency increases that have resulted in a reduction in chips used per backlight. LED backlight chip sales reached $2.0 billion in 2013, but are forecast to decrease to $1.4 billion in 2017. By comparison, consumer demand for LED lighting has increased since 2012 and is expected to keep growing through 2017.
Significant growth in consumer lighting is helping to keep the LED market on an upward trajectory, even with ongoing declines in backlight demand.
LED fluorescent tubes
As costs fall for LED fluorescent tubes, they continue to replace traditional fluorescent lighting, especially in certain offices and garages, where lighting is required on a 24-hour basis. DisplaySearch noted that, the LED tube is currently the most popular LED lighting product because, unlike traditional fluorescent lighting, LED tubes do not contain mercury, are 50 percent more energy efficient, and boast a longer lifespan.
Source: NPD Display Search
TheGreenMechanics: Very well. The Mayoy's pledge to install more LED lamps in and around Kota Kinabalu city is indeed timely. The lower power tariff for public lighting should also incentivise more lamps at strategic places.