2013 global LED output value is expected to reach $14 billion

With the application rate of large size LCD backlight panel with LED rise, the global LED market is expected to grow rapidly. According to statistics, in 2007 the global LED market of about $5 billion, is expected to grow to $14 billion in 2013. From the point of view of the application of the market, the growth of large size panels and lighting market is the most significant, the annual compound growth rate reached 135% and 30%, respectively. In addition, by governments began banning the production of incandescent bulbs, estimated that in 2013 LED lighting output value will exceed the handheld application of $1 billion 550 million, $1 billion 970 million, a compound annual growth rate of about 30%. Korea market research firm Display Bank estimates that in 2009 the global LED market size of about $6 billion 900 million, to 2013 will increase to $14 billion, from the application market, the market of large size panel to occupy the first place, the hand-held device application is second.

2007 global large size LED backlight output value of $41 million, to 2013 is expected to grow to $6 billion 970 million, a compound annual growth rate is expected to reach 135%. From the point of view of shipments, in 2007 the world's large-size LED backlight panel is only 92 million, is expected to grow to 38 billion 400 million in 2013, the compound annual growth rate of up to 173%.

In handheld applications, in 2007 the global LED backlight handheld devices shipments amounted to 16 billion 600 million, to 2013 is expected to increase to 24 billion, compound annual growth rate of 7%. In output, prices continued to decline due to LED, 2007 LED backlit handheld devices was worth $2 billion 330 million, but by 2013 although shipments will increase, but the value is reduced, only $1 billion 550 million, a compound annual growth rate of -7%.

In lighting applications, in 2007 the global LED lighting market shipments only 770 million, to 2013 is expected to increase to 7 billion 280 million, compound annual growth rate of 47%. From operating income, in 2007 the global LED lighting output value of $410 million, is expected to grow to $1 billion 970 million in 2013, beyond handheld devices $1 billion 550 million, an annual compound growth rate of 30%.

In the American market research firm Strategies Unlimited recently also announced its statistics. Strategies Unlimited believes that, while the LED lighting in the alternative to traditional lighting market is still in its infancy, but the optimistic estimate of Strategies 2009~2013 Unlimited, LED composite growth rate is expected to reach 107% next year.