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Taiwan 2012 LED revenues to surge to $6.8B

Posted: 22 Jun 2011 ?? ?Print Version ?Bookmark and Share

Keywords:LED? lighting? revenues?

Driven by a high-growth market demand worldwide, Taiwan's LED industry revenues are likely to surge by 32 percent next year to reach $6.8 billion from this year's projected $5.2 billion revenues. This is double than last year's first-ever $3.4 billion turnover.

According to Taiwan's Photonics Industry and Technology Development Association (PIDA), the high-growth market demand was driven by both government and private sector incentives in many countries to boost the use of energy-saving LED lighting.

Claiming nearly 25 percent of the world market, Taiwan ranks second among the world's largest LED industries, with total 2010 LED production value of $5.43 billion dollars, as fueled by Taiwan's economic rebound after the 2009 downturn, PIDA said.

PIDA, which tracks the worldwide LED industry, cited Japan's ECO-Point incentive program to encourage the use of LED bulbs and light tubes, Beijing's LED lighting promotions program under its 12th Five-Year Plan, and Taiwan's own grant of subsidies to LED-using consumers, as among the incentives that push worldwide market demand.

PIDA claimed that Taiwan was the world's top-ranked producer of LED wafers and chips last year, with local LED makers Bright LED Electronics Corp., Wellypower Optronics Corp., Classete Technology Co. Ltd and Epistar Corp., leading its LED wafer and chips production industry.

PIDA also attributed Taiwan's ranking position in the global LED industry to "decades of transformation and upgrading" which has earned global recognition not only for Taiwan's industrial technology, but also for its product innovation, as evidenced by the variety of international awards that it claims have been regularly bagged by Taiwan's LED lighting products in recent years.

PIDA said Taiwan's fast technological advancements in the LED industry have contributed to the wide use of LED as backlights for cellphones, notebook computers and TV sets, and that the quality of Taiwan's LED products has "shown big improvement" as the technologies of high-power rating LED approach those of big LED manufacturers in industrial countries.

PIDA also credited the high-growth popularity of LED lighting to its many advantages, such as it long usage life, its use of only about one-tenth the energy of traditional incandescent bulbs and its reduced energy consumption by emitting light from a chip rather than an incandescent filament in a light bulb or charged gases in a fluorescent light tube.

In addition, LEDs they take up less space, use no breakable glass or filaments, perform exceptionally well even in cold environments, require no warm up time, eliminate frequent replacement of burned-out bulbs and tubes, emit no harmful infrared or ultraviolet rays and also produce almost no heat, thereby reducing the chance of fire.

Researchers have said that new manufacturing technology and lower manufacturing costs may help make LEDs a viable lighting source in homes and offices within the next four years, placing LEDs in a position to take a larger portion of the multibillion dollar lighting market away from light bulbs and tubes as the new technology becomes more mature.

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