In recent years, the LED industry is the most anticipated and targeted application market. In addition, the attitude of panel manufacturers entering the LED industry is also more positive this year than in previous years. The upstream grain factories are also actively expanding in the second half of 2009. Investing in large and medium-sized LED backlights, LED lighting is expected to accelerate in advance, and many LED lighting fields are advancing.
If high-brightness LEDs are used in various application markets, it is expected that the output value of LED lighting will reach 634 million US dollars, 879 million US dollars, 1.192 billion US dollars and 1.647 billion US dollars from 2009 to 2012, respectively; the annual growth rate is 35%, 39%, 36% and 38%, the growth rate is about 35%~40%; LED lighting is lower than the growth of medium and large panel LED backlights, and the output value of medium and large panel LED backlights from 2009 to 2012 is 312 million respectively. US$ 690 million, US$ 1.633 billion and US$ 3.703 billion are expected to reach a high growth rate of 120-140% in the past five years. In the future, the medium and large panel LED backlight application market is still the most growing application in the high-brightness LED market. It is expected that large and medium-sized LED backlights will dominate the entire LED industry in recent years.
However, compared with the LED lighting market, before 2012, growth still seems to be unable to reach a period of rapid rise, but even so, can not ignore the trend of LED lighting year after year growth, the output value of the LED lighting market in the past five years It is convinced that the output value of the LED lighting market has been increasing year by year. In addition, the market expects that the LED lighting market will have an average growth rate of nearly 30-40% per year. In the next few years, LED lighting will belong to positive growth. Application market.
Source:Strategies unlimited, Takuya Industry Research Institute, 2009/09
Global LED lighting application market output value development trend
In recent years, LED lighting is still the main LED lighting application market. The main application of LED lighting will not change much in 2012. The overall landscape lighting market is forecast to reach US$260 million in 2009 and 3.56 in 2010. In 2009 and 2012, the annual growth rate will reach 28%~39%. In 2009, the second largest LED lighting application will still be based on letter lighting. The third largest application is commercial and industrial lighting. As a whole, LED lighting is still the main and largest market for architectural landscape lighting until 2012. In addition to architectural landscape lighting applications, it has ranked among the top three LED lighting application markets in recent years. Still dominated by decorative lighting, which has the widest application of decorative lighting. In addition, commercial and industrial lighting will continue to increase in recent years. In the past five years, it has accounted for nearly 10% of the LED lighting market. As for retail store lighting It can be said that it is a promising LED lighting application in the near future. It is expected to be squeezed into the top three lighting application markets of LED lighting in 2012, among which the low-temperature lighting freezer market has the advantage of LED market development.
Figure 2. Output Forecast of LED Lighting Market from 2007 to 2012 (Application)
Source: Takuya Industry Research Institute, 2009/09