In 2013, the LED package market value was US$ 12.5 billion and is expected to reach US$ 13.39 billion (Year-on-Year +7%) in 2014, according to a LEDinside gold member report. Tablets and smartphones are still highlights of the LED market in 2014. The two applications have shown stable growth as it benefited from increased resolution and market demands. As for lighting applications, LED package value and lighting applications greatly increased in 2014, with most evident growth in industrial, commercial and outdoor lighting markets. LEDinside observed several changes i...

Affects from the termination of China’s Home Appliance Subsidiary Programs in 1H13 caused LED backlight market demands to ease in June and July this year, according to LEDinside, a green energy research subsidiary of global research institute TrendForce. However, some chip manufacturers have reflected a rebounding market, due to stable market orders in 2H13 and several TV manufacturers inventory restock demands. In 2H13, the LED market might show signs of moderate growth during peak season in 3Q, and off-peak season in 4Q will deliver a solid performance.

Starting from 2012-2014, bans on incandescent lights has led to the gradual entry of LED products in the residential lighting markets, according to a latest search report by LEDinside, a research division of TrendForce. Improved LED luminous efficacy and lowered LED product prices contributed to higher consumer acceptance levels and rising penetration rates. Japan was the largest LED residential lighting market in 2012, followed by Europe and North America. However, China’s residential lighting’s global market share is also growing.

According to LEDinside, observed from the 2013 regional residential lighting market development, the Chinese market proportion will increase from 19% in 2012 to 24%, becoming the fastest-growing regional market. In terms of the European market, the implementation of comprehensive ban of incandescent lamps and the economic recovery after the European debt crisis gradually had a positive impact on LED light bulb market, and the LED light bulb market penetration rate is expected to increase.

LED die manufacturers are stabilizing raw material sources in the wake of rising LED lighting demands, and competition from other sapphire substrate applications. Epistar has reached a Patterned Sapphire Substrate (PSS) production capacity agreement with Crystalwise and Rigidtech Microelectronics (Rigidtech), in which two PSS production lines from each company will be fully supporting Epistar. Due to PSS higher prices, it is estimated substrate manufacturers’ 3Q13 revenue will hit double digit growths.

Although the market is dominated by low priced direct-lit LED TV’s, top international brands are planning to reduce direct-lit product shipments, due to impact from the end of China’s energy-saving subsidies and increased costs accrued from slimmer product designs. According to recent information, though, top international manufacturers are cooperating with secondary optic lens manufacturers to expand lighting angle from 140-150 degrees to 160 degrees. 

Important global LED application bases, the EU and U.S. high technology demands, safety standards, and technological barriers are impacting China’s LED exports. These technological barriers have become the biggest export obstacle for Chinese LED lighting products, such as LED strip display. In recent months, the EU and U.S. raised import standards are adding to the woes of Chinese LED lighting manufacturers and putting China’s 8,000 plus LED manufacturers on an arduous road to export goods. In the overseas market, Chinese manufacturers are “under siege” by Europe, U.S. and Japan’s technological barriers, and with a sluggish domestic market, manufacturers face an embarrassing oversupply situation.

Strong demands for mid-power LED products have increased shipments of Epoxy Molding Compound (EMC) lead frames. Taiwanese and Chinese LED package manufacturers have jumped into EMC lead frame technology. Taiwanese LED package manufacturers Everlight, Lite-On Technology (Lite-On), Unity Opto, and Advanced Optoelectronic Technology (AOT) are producing EMC package components. Chinese manufacturers including Lighting Optoelectonic Technology (LOT) and Refond possess EMC package component production capacity. Market research shows EMC lead frame prices are falling quickly, which is why most manufacturers are trying to improve price/performance ratio by applying EMC lead frames in 2-3W mid / high power LEDs, according to LEDinside. In the past, most EMC lead frame applications were for 1-2W LED.

Affected by LED chip’s consecutive price drop and efforts to control costs, Taiwanese chip manufacturers including Epistar, FOREPI, and others are turning to Chinese sapphire substrates. A move that directly contends Taiwanese sapphire substrate manufacturers’ price raise plans, and is expected to impact 3Q13 operations of companies including Crystalwise Technology (CWT), Tera XTAL Technology’s (Tera XTAL) and others.

Chinese banks’ recent credit crunch has impacted the LED industry. More than 100 LED manufacturers have defaulted as a result in Eastern and Southern China this year. Taiwanese LED manufacturers have emerged as the beneficiaries of the industry restructuring, as foreign investors purchase stock from industry leaders Epistar and Everlight.

In accordance with statistics in Gold membership reports of LEDinside, Green Energy Division of the Global market research firm TrendForce, thanks to strong demand in the global LED lighting market in the first half of this year, the utilization rate of MOCVD machines that the major chip manufacturers have installed and debugged shows rising trend. The chip price has been stable this year, but with the increasing capacity of chip manufacturers, it remains to be seen whether the LED chip price will be falling in the second half of this year, but in the long term, only the quit of invalid production capacity in China can help LED industry to return to supply and demand balance.

According to the latest "China LED Lighting Market Report (2013 Version)” from LEDinside, Green Energy Division of Global market research firm TrendForce, China LED lighting market will reach 32.4 billion RMB in 2013, and the annual growth rate is up to 36%. Residential lighting market is the major growth momentum with a growth of 96% in 2013, it becomes the second largest general lighting applications market only second to commercial lighting. Traditional lighting manufacturers like NVC, Opple, PAK and Foshan Lighting have expand to LED lighting, while LED package plants such as Everlight, Edison, MLS and Changfang Lighting have taken full use of LED manufacturing advantages to seize Chinese lighting market.

According to LEDinside, a research division of TrendForce, due to the oversupply of LED chips and other key raw materials, LED lighting product price has dropped to a more reasonable level. LEDinside’s statistics showed that in the Chinese market, 7W bulb price was between 45RMB-55RMB (10USD per Klm ), showing a price decline of more than 40% within one year. Knowing that the price-performance of LED lighting products has been accepted in the Chinese market, many LED lighting companies have started to do brand management and seize market channels. Traditional lighting manufacturers with brand resources and market channel advantages have also increased the LED lighting product lines in order to compete with new comers.

LEDinside (a research division of TrendForce) indicated in their “Chinese lighting market report-2013” that the rise of the domestic LED market has brought great business opportunities. After the European debt crisis, the export-oriented Chinese LED lighting industry shifted their business to emerging markets. Exports to Russia, for example, has already accounted for 2.8% of China’s total exports. The Chinese domestic LED lighting market has also become the major focus of manufacturers. Government bidding project support is a significant influencing factor; because the Chinese LED lighting market is deeply affected by the policy, an in-depth understanding of China’s policy for LED lighting would help understand the mechanism of the Chinese market. 

According to the latest “2013 Global Sapphire Substrate Market Report” published by the LEDinside research department of TrendForce global market research institute, the price declines of 2-inch and 4-inch sapphire substrate have slowed down in 1Q13, while there are even some signs on certain low market prices slightly rebound. 

According to the latest “2013 Global Sapphire Substrate Market Report” published by the LEDinside research department of TrendForce global market research institute, sapphire substrate manufacturers have been optimistic about the emerging demand on non-LED market applications in 2013 such as handset device applications, SOS, and window film. With the unlimited imagination of the future, there are still numerous manufacturers fighting for this non-LED market application with production plans despite of low market prices.

Global market intelligence organization TrendForce’s research division LEDinside and Consumer research division AVANTI joint research results showed that only 25% of average Chinese consumers had a clear knowledge of LED bulbs. If LED lighting wants to popularize their products, the key is through increasing consumer awareness.

According to LEDinside, a research division of TrendForce, starting from August 2012, at least 5 M&A cases occurred in China and Taiwan; Epistar, for example, acquired 49% of Huga’s equity, and Sanan Opto acquired 120 million of FOREPI’s common stock. LEDinside indicated that starting from 2010, Chinese LED chip industries have aggressively invested in chips and caused severe oversupply in the market; chip price has continued to decline, and most industries have been struggling to survive in the industry. Even with the economic recovery, upstream LED chip manufacturers still failed to extricate themselves from the oversupply situation. Therefore, it is reasonable to conclude that M&A is the only solution to this problem.

According to the latest “2013 Global Sapphire Substrate Market Report” published by the LEDinside, a research department of TrendForce, sapphire ingot manufacturers have been in the state of “the big gets bigger” such that first-tier manufacturers with cost competitiveness have accounted for 80% of market share.

Chapter One Overview of sapphire substrate industry  Chapter Two Analysis of supply-side of global sapphire substrate industry Chapter Three Demand analysis of sapphire substrate industry  Chapter Four Supply-Demand Analysis of Global Sapphire Substrate Market  Chapter Five Investigation of Supply Chain Related To Global Sapphire Substrate Chapter Six Investigation of Alternative Technology And Emerging Application Of Sapphire Substrate 

Chapter 1 Chinese Lighting Market Development Forecast  Chapter 2 Chinese LED Lighting Industry Policy Support And Regional Development Chapter 3 Analysis of Lighting Market Segments and Channels Chapter 4 Chinese LED Lighting Supply Chain Overview Chapter 5 Major Energy Management Business Models For LED Energy Saving Project  Chapter 6 Analyzing Characteristics  And Cost of LED Lighting Products 

According to the “Chinese Lighting Market Report (2013 version)” released by LEDinside, a research division of TrendForce, the Chinese government successfully passed a series of domestic policies in 2012 that serve to not only stimulate LED lighting demand, but also to strengthen the entire business momentum within the LED lighting market. A few of the key policies worth noting include the proposed spending of 2.2 billion RMB on the promotion of CFL and LED lights. Bans on the sales of 100 Watt-and-above incandescent light bulbs, along with those of halogen lamps whose efficiency levels fall below required standards, took effect on October 1st, 2012.

The latest market report published by LEDinside, a research division of TrendForce showed that LED outdoor lighting replacements will be popular worldwide from 2013 to 2015, with Asian countries including China, Japan, and Taiwan acting most aggressively. Promoted by the policy, the LED outdoor lighting market value will be up to 2,478 million USD in 2013, an annual growth over 46%. In other emerging countries such as Thailand, Russia, Latin America and Africa, considerable streetlight replacements will also be installed in 2014. The installation of LED streetlight replacements will gradually slow down in 2015, and the number of worldwide LED streetlight replacements and newly installed LED streetlights will be maintained at approximately 10 million/year. 

LEDinside's Market Intelligence program offers extensive research reports on the LED industry, prices and market trends help you gain insights into the rapidly changing LED industry.

According to a report on the global lighting industry made by the LEDinside, a subsidiary of TrendForce, an international research institute, the LED market value for LED lighting application market in 2012 is 2.66 billion US dollars, which was 23.5% higher than that in 2011. The greatest markets come from architectural lighting market and indoor lighting market, such as par lamp and light bulb. In addition, because the prices continue to go down, LED lighting market demand rose due to an increasing penetration rate and a decreasing price. A look at the global LED ligh...

LED has been penetrated into a wide range of applications such as lighting and TV, thanks to the rapid price fall and aggressive push among vendors. Despite the LED market is still growing steadily in terms of demand, corresponding market growth slows down amid excess capacity build. LEDinside expects the LED package industry to grow only 9.6% YoY at US$11.27 billion in 2013. In spotlight: iPad Mini, Android & Windows tablet PC The LED market value for backlight application is expected to be flat YoY at US$2.69 billion in 2013 with tablet PC con...

According to LEDinside, the LED research division of TrendForce, major lighting markets in the world have been affected by the European debt crisis in varying degrees. Certain Chinese LED firms whose businesses rely heavily on overseas markets have seen a decline in orders, which is particularly pronounced in the European lighting market. As a result, many LED companies start to shift their focus to the Chinese LED bidding market. In fact, China has recently restarted the bidding for LED subsidies in July, which provided hope for many LED firms.

LEDinside indicated that there will be a first small peak in the Chinese market in 2012, and the LED lighting market will be likely to come to 2 billion USD, its penetration rate in the general lighting market up 15.6%. LEDinside forecasted that the Chinese LED lighting market scale will reach 7.6 billion USD and 38.4% in 2015. At that time, China will rank top 3 in the global LED lighting market.

In the past, traditional street lamps were primarily HID lamps and mercury lamps. However, due to disadvantages such as lumen decay, high power consumption and short lifespan, traditional light sources are no longer in line with the global energy-saving trend. LED quickly made its way into street lighting due to several factors, including carbon emission reduction policies enforced worldwide and improved luminous efficacy LED light sources (a total luminous efficacy of over 100–130 Lm/W and an application luminous efficacy of over 50 Lm/W), as commercial opportunities presented themselves.  

Chapter 1 Overview of the Chinese LED Lighting Market Supply Chain Introduction Along with a constant increasing crude oil price pressure, and a rising awareness of energy-saving and carbon emission reduction, Light Emitting Diode (LED), as a solid-state lighting source, driven by the constant increase of its luminous efficacy and cost reduction, with the advantages such as small size, easy integration with system design, good color rendering, Light Emitting Diode (LED) has been substantially applied in the display industry, consumer electronics applications, an...