Home > News > Top 10 LED Industry Trends in 2015

News

Top 10 LED Industry Trends in 2015
2015-01-08 16:16:32

Top 10 LED Industry Trends in 2015
 

For many LED manufacturers, 2014 has been a prosperous and challenging year. Lighting market demands were stronger than expected in 1H14, leading to a period of LED supply shortages. Despite the positive development, the industry was impacted by clients double booking and distributors rising inventory levels during second half of the year. Many manufacturers were impacted by the markets cooling demands, and price competition as a result. As a result a lot of manufacturers’ performance in first and second half of the year was very polarized.

Facing the approaching year, below are some of LEDinside’s outlook for top 10 industry trends to watch out in 2015.

1.      LED manufacturers expansion plans depend on government subsidies, China’s MOCVD installation volume remains largest

2.      Chinese LED manufacturers market shares grow, big manufacturers become even larger

3.      LED lighting clients continue to seek low cost solutions

4.      Finding special niche applications to raise profitability

5.      Growing automotive LED market value, exterior automotive lighting market showing highest growth

6.      Mobile phones become thinner, smartphone backlight LED specs turn towards 0.4t

7.      Flash LED usage volume gradually increases in high-end smartphones

8.      Declining tablet shipment volume affects backlight LED market value

9.      LEDs for TV backlight applications shift towards reducing usage volume and raising color saturation

10. Small pitch display increasing market penetration becomes major growth momentum in display market

LED display field is becoming increasingly mature and saturated, despite the positive impact from Brazil World Cup in 2014, which stimulated the global LED display market demand. However, the future outlook is with fewer large sports events to spur public expenditure, the market will need to depend on the introduction of new technologies in the near future, such as small pitch display and other products to create new market demands.


Previous   [Return Home] [Print] [Go Back]   Next

Contact Us