Leaving 2013 behind, the LED industry is optimistic about the 2014 market. The editorial staff of LEDinside in China has compiled a list of six research articles analyzing the future trends anticipated for 2014 including lighting, backlighting, and flash LED.
LEDinside: Top Six LED Industry Trends 2014
In 2013, the LED package market value was US$ 12.5 billion and is expected to reach US$ 13.39 billion (Year-on-Year +7%) in 2014, according to a LEDinside. Tablets and smartphones are still highlights of the LED market in 2014. As for lighting applications, growth was most evident in industrial, commercial and outdoor lighting markets.
Lighting Sector
LEDinside: Global Demand for LED Bulb and Tube in 2014 is to Increase over 80%
With decreased LED prices and the gradual improvement in LED efficacy, the cost recovery period has been shortened remarkably. This has greatly improved the commercial and public departments’ worldwide intention of replaceing lights, formally launching the global replacement tide with LED lamps, and retrofit lamps like bulb and tube are most welcomed by the market. LEDinside estimates that compared with 2013, global LED bulb demand will increase 86 percent, and 89 percent for tube lighting in 2014.
LEDinside: LED Lighting Product Shipment Volume to Soar in 2014
Global LED lighting market penetration rate is quickly rising with market value expected to reach US$ 17.8 billion by 2014. Compared to 2013, the overall LED light product shipment volume will grow 68% YoY to 1.32 billion units in 2014. Rapid fall in prices has been the source behind global LED lighting product replacement wave, said LEDinside. LED lighting products have been the most evident with retrofit bulbs and tubes most welcomed by the market, making up 38 percent and 25 percent of the LED lighting market respectively. Additionally, future demands for one-bodied LED lighting products have gradually risen, especially for combined intelligent lighting application products. Therefore it is predicted that LED lighting product proportion in 2014 will increase.
Slimmed Down Chubby TV to Become Mainstream Model in 2014
Direct-view type LED TV aka chubby TV with its cost advantages and has been a market highlight in 2013. Chubby TV has been using secondary optic lens to continually improve its features. By increasing beam angle, the LED TV has successfully met the challenge of shortening OD to 15 mm without adding LEDs. The chubby TV not only has cost advantages, it has also shed off its thick appearance and now holds the same advantages as the thin edge-view type LED TV. The industry predicts 15 mm OD TV model will become the next major industry spec in 2014.
Flash LED：
Industry Projects Flash LED Market to Enter M Shape Trend in 2014
Penetration rates for flash LED in smartphone applications has already reached 100 percent. Ample business opportunities are attracting many within the industry. Main flash LED driver specs have been 1000mA, 500mA, and 350mA in 2013. Industry insiders believe that LED development in 2014 will take on a M shape, with 1000mA leading the pack for high-voltage flash LED drivers and 350mA on top for low-current flash LED drivers. |
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