Lighting market will set off a new wave of LED packaging development

The LED package includes a protective layer LED chip and direct solder contact. "Because of the lower retail prices of LED lights, compared to traditional bulbs, LED lamps can be long-term energy saving and replacement costs, it will be more attractive. HIS lighting and LED market analyst Stewart said.

HIS, a market research firm, notes that the decline in prices and a rise in customer acceptance has led LED to take over the lighting market. HIS forecast after taking over, LED lighting package revenue from 360 million in 2013 to 2016 of 7 billion 100 million, an increase of up to 96%.

The LED package includes a protective layer LED chip and direct solder contact. "Because of the lower retail prices of LED lights, compared to traditional bulbs, LED lamps can be long-term energy saving and replacement costs, it will be more attractive. HIS lighting and LED market analyst Stewart said. "As a result, LED lights will increase dramatically in the coming year, up to 2 billion 400 million in 2016 and $520 million in 2013.

The rapid development of the lighting market is beneficial to LED packaging suppliers, after the slow development of backlight business, ushered in new opportunities for development. HIS pointed out earlier, in the widely used in mobile phones, laptops and television LCD display backlight driven, LED packaging market is developing rapidly.

However, according to HIS's expectations, most display applications have completed the transition to LED technology. Therefore, these products are relatively stable demand for LED, the annual unit growth of only single digits. According to HIS forecast, lighting market will set off a new wave of LED packaging development.

HIS data revealed the 2012 LED packaging market lighting section called the largest application, more than the TV backlight market. LED backlight market has been saturated, which prompted most of the top suppliers to their eyes and resources into the lighting industry.

LED will continue to penetrate the lighting market, HIS asserted that, due to the lower retail price of LED lights, the customer's understanding of the total cost of LED and the potential to improve savings. LED lighting manufacturers face fierce competition to drive down the price of LED. HIS forecast LED packaging prices in the next 5 years will be less than half the current price. Lower prices will shorten the payback period. Although mainstream applications will increase, but the profit margins of suppliers will eventually decline.

LED lighting has penetrated a number of areas of lighting applications, such as retail and services, HIS forecast for the LED package provides the greatest opportunity is the residential part. This part of the revenue in 2016 will increase by nearly 3 times to, about 850 million in 2013. HIS said that the early creation of LED packaging market manufacturers can take advantage of the wave of market prosperity harvest.