Benefit large size LCD panels using LED backlight application ratio increase, the global LED market size is expected to grow rapidly. According to statistics, in 2007 the global LED market of about $5 billion, is expected in 2013 is expected to grow to $14 billion. From the point of view of the application market, the growth of the large-size panel and lighting market is the most significant, the annual compound growth rate reached 135% and 30%, respectively. In addition, the government began to ban the production of incandescent bulbs, fueled by the estimated 2013 LED lighting output will exceed $1 billion 550 million handheld devices, up to $1 billion 970 million, an annual compound growth rate of about 30%.
South Korea market research firm Display Bank estimates that in 2009 the global LED market size of about $6 billion 900 million, to 2013 is expected to grow to $14 billion, of which the application market, the market accounted for the largest number of large-size panels, hand-held device applications in second.
2007 Global large-size LED backlight output value of $41 million, is expected to grow to $6 billion 970 million in 2013, the annual compound 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 annual compound growth rate of 173%.
As for handheld devices, in 2007 the global LED backlight handheld device shipments up to 16 billion 600 million, to be expected to grow to 24 billion in 2013, the compound annual growth rate of 7%. In part because the LED output, prices continued to decline in the 2007, LED backlit handheld device was worth $2 billion 330 million, then to 2013 although shipments increased, but the output value is not reduced, only $1 billion 550 million, a compound annual growth rate of -7%.
In the lighting section, in 2007 the global LED lighting market shipments of 770 million, is expected to grow to 7 billion 280 million in 2013, the compound annual growth rate of up to 47%. From the revenue point of view, in 2007 the global LED lighting output value of $410 million, is expected to grow to $1 billion 970 million in 2013, more than handheld devices $1 billion 550 million, an annual compound growth rate of 30%.
In addition, the U.S. market research firm Strategies Unlimited recently also announced its statistics. SU believes that, while the LED lighting in the replacement market is still in its infancy, but SU optimistic forecast 2009~2013, LED composite growth rate is expected to reach 107% next year.
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