Market research firm ,TrendForce's Green Energy Division, LEDinside released a report that in 2013 LED packaging market value is of 125 billion U.S. dollars, it is expected to reach 13.39 billion dollars in 2014 , the annual growth rate is 7%.LEDinside believes that in 2014 the highlights are still the LED market tablet PCs and smart phones based backlighting applications, some lighting applications in engineering, commercial and outdoor lighting market are growing most significant. According to LEDinside statistics, LED backlighting for TV penetration will reach 95% in 2013. By penetration saturation and end TV sales growth slowing effect in 2014 in TV backlight LED output will fall face first. Tablet PC market is still the main growth momentum backlight. 2013 tablet computers affected by the traditional off-season, third-quarter shipments as expected, under the revised full-year shipments to one hundred ninety-six million units, annual shipment growth forecast of 33.6% from the beginning down to 31.1%. Although growth has slowed down next tablet computer, but compared to other IT products is still much room for growth. LEDinside estimates from 2013 to 2017 LED backlighting applications in flat panel computer output on a compound annual growth rate of 8%. Currently small pitch LED display technology matures, LED manufacturers have begun to launch a small pitch LED display. Long term, small pitch LED display may replace part of the TV backlight application mode to enter the field of commercial and mass consumption. In 2014 LED packaging production value will be significantly improved, which in engineering, business, outdoor market growth the most significant. Plus LED bulb, lamp & commercial lighting market demand, the rise in demand for power LED market. LEDinside estimates in 2013 and 2014 will exceed the value of the power LED high power LED.
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LED Packaging Market Value In 2014 Will Increase 900 Million