MANHASSET, NY -- LED usage continues to rise across applications and lighting is leading with a predicted increase of 20 percent over 2010.
According to DisplaySearch, the total package revenue for backlight and lighting applications was $7.2 billion in 2010 and is forecast to reach $12.7 billion in 2014. A heightened demand for LED lighting applications is the main driver of this increase.
In 2011, DisplaySearch predicts global LED capacity will reach 180 billion units, and by 2013 will reach 227 billion.
The total average LED penetration in lighting was 1.4 percent in 2010 and is forecast to reach 9.3 percent in 2014.
China will be the biggest market for LED street lights in 2011 due to government policies. The country’s market share in 2011 is 55 percent, but will slightly decline to 50 percent in 2014.
Japan is the biggest market for LED bulbs in 2011 with a market share of 63 percent in 2011, but is forecast to decline to 40 percent in 2014. Japan has high LED adoption in lighting due to electrical power limitations and energy-saving efforts.
According to DisplaySearch, Taiwan will take over as the top LED supply country after 2011.
The quarterly LED supply/demand market forecast report is available from DisplaySearch.
Everyone must behave in favor of the triple bottom of the sustainability. Not differently, the SILICON Corporation Company support the great idea of using LEDs to light the world, even in those regions where the energy generation is not a big problem.
GO GREEN, GO LED LIGHTING!
Soon, our cities and roads will look very different from the air, I have always chafed at the amount of light beamed upwards from each old-style streetlamp. At least with LEDs they can't afford to waste any lumens like that!
One night I was surprised to see white light outside my house, rather than the normal yellowish color-washout light from the corner sodium streetlamp. "Is it a full moon out?" I thought. Nope--they had replaced the streetlight with an LED array light.
It was really nice.
They are doing this all over California:
Since Hurricane Irene knocked out our power in Connecticut 36 hours ago, I'm appreciating my bright long lasting LED flashlight. A great directional light source. However, for area lighting, the 8 LED lantern is expensive and unsatisfactory. A candle was actually more satisfactory! I think the incandescent / CFL replacement killer application isn't quite here.
There is already a lot of pressure on LED markets and the last time i checked the LED displays were in short supply and selling at higher price. Shouldn't we first make sure that the price come down to an affordable level.
But still LED has not reached to a level that it can replace 100W bulbs easily. Yes bundle of LED's can hit that. I am sure there will be lot more progress in LED in next few years leading to even more penetration in day to day life usage.
I really appreciate the Chinese Govt for actively venturing promotion policies to boost LED street lighting usage. LED lighting industry has a bright future. Once the price comes down, the popularity and usage might get increased by a greater proportion.