2016 Hongkong International Lighting
DATE:2018-10-25     TIME: 15:18:38

THE DEVELOPMENT OF LED INDUSTRY INITIALLY CAME FROM SMALL DISPLAY APPLICATIONS, AND HAS BEEN PROMOTED BY LCD DISPLAY APPLICATIONS. IN 2012, GENERAL LIGHTING HAS EXCEEDED ALL OTHER APPLICATIONS, ACCOUNTING FOR NEARLY 39% OF TOTAL LED REVENUE. IN FACT, THE LED TV CRISIS OF 2011 (AFTER OVERESTIMATING THE MARKET) HELPED LOWER THE PRICE OF LEDS AND INTENSIFY COMPETITION. IN FACT, THE PRICE OF LED-BASED LIGHTING PRODUCTS HAS FALLEN FASTER THAN EXPECTED, INCREASING THE POPULARITY OF THE TECHNOLOGY. YOLED E VELOPPEMENT IS ESTIMATED IN 2013.



THE MARKET FOR ENCAPSULATED LEDS WILL REACH $13.9 BILLION AND REACH $16 BILLION BY 2018, DRIVEN MAINLY BY ORDINARY LIGHTING APPLICATIONS, WHICH ACCOUNT FOR 45 TO 65 PERCENT OF TOTAL REVENUE DURING THIS PERIOD, AND WILL BE COMPLETED BY DISPLAY APPLICATIONS.


AS FOR DISPLAY AND OTHER APPLICATIONS, MOST OF THE PRODUCTS IN THE MARKET ARE INTEGRATED WITH LED TECHNOLOGY. SATURATION AND STRONG PRICE PRESSURES AND COMPETITION FROM OLED WILL CAUSE MOST OF THESE MARKETS TO DECLINE FROM 2013/2016. CONTRARY TO ORDINARY LIGHTING, EXCESS CAPACITY (INDUCED PRICE PRESSURES) LEADS TO A FASTER-THAN-EXPECTED DECLINE IN MARKET SIZE.


THIS REPORT DESCRIBES ALL APPLICATIONS OF LED AND RELATED MARKET INDICATORS FOR THE PERIOD 2008-2020, AND DESCRIBES IN DETAIL EACH APPLICATION: DRIVER AND CHALLENGE, RELATED QUANTITY AND MARKET SIZE (ENCAPSULATED LED, LED CHIP SURFACE), LED PENETRATION AND ALTERNATIVE TECHNOLOGY (...). FOR ORDINARY LIGHTING, WE WILL MAKE MORE IN-DEPTH ANALYSIS OF EACH SUB MARKET.