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LED market shows no sign of dimming

Posted: 17 Sep 2013 ?? ?Print Version ?Bookmark and Share

Keywords:LED package? flash LED?

Besides using LED displays for signalling and advertisement, LED manufacturers are also promoting small pitch LED display. The shortest distance between LED display and pixels is 1.2-1.6mm in small pitch LED displays, and its advantages include good colour saturation and high resolution. Costs are far lower than same sized LCD monitors, especially in the 110in monitor market. From a long term perspective, LED displays can replace a part of LED-backlit TV applications, and enter commercial and mass consumer markets.

Observations of the LED lighting market show significant market value growths for LED package applications in 2014. Out of these, growth in engineering, commercial and outdoor markets will be most evident. In addition, rising LED bulb, tubes and commercial lighting markets has led to huge demands for mid power LED, especially as 5630 and 3030 packages (PKG) become the market mainstream. LEDinside projects mid power LED market value to surpass high power LED market in 2013 and 2014.

Due to raging price wars in the lighting market, the entry of 5630 PKG, which specifications has higher price/performance (P/P) ratio than traditional high power LED has become widely popular among luminaire manufacturers. LED manufacturers have been trying to develop products with higher P/P ratio than 5630 PKG. Since the launch of Japan package manufacturer Nichia Corp. 757 series 3030 PKG received a warm market welcome, many manufacturers have also released products with the same specifications in 2Q13.High current 2835 PKG is also gradually spreading among Chinese package manufacturers. Not only can it be used in backlight applications, it can also be used in the lighting market, and is also popular among clients. LEDinside research showed, comparisons between 3030 PKG (0.5-0.9W), 2835 PKG and 1-3W LED showed 3030 PKG had the best p/p ratio, and was the most price competitive. Prices for 3030 PKG reached $0.12-0.16 in 3Q13. LEDinside projected 3030 PKG and 2835 PKG will replace 5630 PKG as the market mainstream in the future.

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