2009: Taiwan ITRI lighting and automotive applications will be the main driving force for growth of LED

Affected by the financial turmoil, global investment and consumer confidence fell. China's deputy director of the Taiwan area IEK digital technology ITRI Lin Zhixun expects 2009 global LED market growth of 5% ($7 billion 400 million), which led to high brightness LED in emerging markets, will continue to grow, lighting and automotive applications will be the main growth momentum, while the general brightness LED will have a recession worries, prices decline.

Held in November 13, 2008 2008 found Taiwan construction industry seminar in the future, ITIS plans to investigate IEK ITRI to foresee consumer products in the winter in the spring. According to the analysis of Lin Jeehoon review and Prospect of LED industry. And said that the global LED market since 2005 showed a steady growth trend, in 2008 is expected to grow slightly more than 7% in 2007. Overall, the product mix is not changed, the proportion of high brightness LED market continues to rise, reaching 72% in 2008, the proportion of the future will continue to improve; the general brightness of the LED will not disappear, will slowly shrink. From the application market, in 2008 the market share of portable products reached 29%, the largest single market for mobile phones, but the market share declined to 24%. The benefit of the Beijing Olympics and the economic development of mainland China, billboards and lighting market share continued to grow. Lin Zhixun expects 2009 high brightness LED market reached $5 billion 500 million, an increase of 9% compared to 2008, the lighting and automotive and other emerging applications, is the main energy growth in 2009. In addition, LED NB backlight applications will also be significantly increased, billboard is due to the end of the Olympic Games, the growth is not as good as 2007 and 2008. As for the most widely used portable products, especially mobile phones, because the market is saturated, the average cost of loading decreased, coupled with the decline in LED prices, will show a recession.

Source: LEDinside