Phosphor export values of Changshu, a city located in Jiangsu Province in China, reportedly tumbled 55% Year-on-Year in 2016, based on data compiled by local customs agency, reported Chinese-language media China News Service.

Micro-LED became a hot keyword in 2016, despite being years away from commercialization. Most in the industry agree this exciting next generation display technology will not be realized for another 3-5 years, HSBC projects the earliest date of commercialization will be around 2019 earliest.

Taiwanese LED industry underwent significant changes in senior management including in leading LED manufacturer Everlight, Optotech, and Unistar Opto, reported Chinese-language newspaper Commercial Times.

As 2016 comes to an end, there were many exciting and surprising technology breakthroughs, based on statistics complied by LEDinside there were at least 10 major technology advancements this year.

Taiwan’s LED industry production value increased nearly 15% year-on-year during the first nine months of 2016, as more governments around the globe rolled out policies supporting environmental friendly businesses, said the Ministry of Economics Affair (MOEA) recently.

China’s LED lighting market value will surpass RMB 500 billion (US $72.45 billion) by 2016, said Ling Wu, the Secretary General of China’s International Solid State Alliance (ISA).

Unveiling of the iPhone 7 this week has wowed many, it introduced a dual camera system for the first time and a four-pieced LED lighting that raised lighting output by 50%. The LEDs comprises two warm white and two cool white LEDs. Rumors of the OLED screen…well, we’re not seeing it in the phone yet. So the wait for an OLED screened iPhone probably won’t be over anytime soon.

Pixelligent, the leader in high-index advanced materials, announced today its 2016 predictions for high refractive index applications in the electronics markets that it serves.

Continually Shrinking Production Value、Growing Chinese Market、Three-in-one Sensor becomes the Standard Requirement

2016 LED Market Demand and Supply Analysis

LED manufacturers had an especially tough year in 2015. Despite rising LED lighting market demands, and large scale replacements of traditional luminaires, the oversupply situation in the market has caused average sales price (ASP) of LEDs to plunge 30% to 40%. Growing number of manufacturers have incurred heavy losses and exiting the market. With 2016 just around the corner, LEDinside Research Director Roger Chu has listed ten major trends in the market including future LED industry consolidations and technology trends. Listed below are five major trends observed by LEDinside’s analyst team:   1.     Easing LED market growth in the near future Due to the oversupply situation in the LED industry, LEDs ASP prices plunged. LEDinside estimates the global high brightness LED market value in 2015 will increase at an incremental rate of 2% to US $14.52 billion. Even though lighting demands spurred LED usage volume growth, ironically the increasingly energy efficient LEDs are reducing usage volume. Additionally, LEDs still are under immense pressure to further lower prices. Based on these observations, LEDinside projects in the next five years the LED industry Compound Annual Growth Rate (CAGR) is unlikely to reach more than 10% in the future.

2016 Lighting LED and Lighting Market v.s. 2016 LED Backlight Market Trend

This year has been very difficult for companies in the LED industry. While LED lighting products are seeing rising demands and have replaced numerous traditional products in different applications, their average selling prices have gone down by 30~40% due to oversupply. According to LEDinside, the value of the market for high-brightness LED products is projected to grow 2% year on year to US$14.52 billion in 2015. Duff Lu, LEDinside research manager, notes that the industry will undergo consolidation next year with companies merging or being driven out of business. With uncompetitive players leaving, the industry will gradually reorganize itself.

The market for glass-based AMOLED displays is expected to reach almost US $23 billion in 2022. In an effort to adapt to new market conditions both Samsung and LG Display are now ramping up production capacity of plastic-based OLED displays, for which IDTechEx forecasts the market will nearly double next year from $1.5 billion in 2015 to $2.9 billion in 2016.

The intelligent lighting system of the future will make its premiere in the new Opel Astra generation at the International Motor Show in Frankfurt (September 17 to 27, 2015). With the new Astra, the ground-breaking full-LED matrix light IntelliLux that enables driving with glare-free high beams will be available in the compact class for the first time, making top-of-the-range lighting technology accessible to the largest audience ever. After having introduced bi-xenon adaptive lighting in the current generation Astra, Opel again takes on a pioneering role in lighting technology with its next compact bestseller.

Foxconn might start small scale OLED production in 2016, according to a Nikkan Kogyo Shimbun report.

The commercialization of OLED lighting continues to accelerate, with a growing list of companies announcing their intention to enter the market. Although traditional lighting companies are active, seeking to safeguard their position with regards to OLED lighting, there are many new entrants that want to challenge these incumbents and shift the dynamics of the industry.