Light-Emitting Diodes (LEDs) for Lighting Applications
Global shipments of high-brightness LEDs were worth an estimated $38.2 billion in 2013. The market is projected to reach nearly $46.4 billion in 2014 and $105.5 billion in 2019, a compound annual growth rate (CAGR) of 17.9% between 2014 and 2019.
- An overview of the global markets for light-emitting diodes (LEDs) for lighting applications.
- Analyses of global market trends, with data from 2013, estimates for 2014, and projections of compound annual growth rates (CAGRs) through 2019.
- Information on the various types of LEDs and their value for various consumer and industrial applications.
- Examination of global government funding and support, industry involvement, standards, and other pertinent factors related to the success of solid-state lighting.
- Comparisons between LEDs and traditional light bulb products based on factors such as power needed, operating lifetimes, and the pros and cons of the materials which constitute each type.
- Discussion on the different material structures used to fabricate LEDs as well as their fabrication methods.
- Comprehensive profiles of major players in the LED industry.
This study encompasses technologies and materials for fabricating colored and white LEDs. BCC Research assesses each technology and then focuses on where it is used. The five major industries using HB-LEDs are analyzed to evaluate their current market statuses and to develop future projections. Forecasts of unit shipments and their values are made for 2013, 2014 and 2019. Various technical issues are discussed. In addition, a thorough economic analysis is presented.
BCC Research analyzes the high-brightness LED industry on a global basis, including manufacturing capability and consumption by various regional markets. It examines global government funding and support, industry involvement, standards, and other pertinent factors related to the success of solid-state lighting. BCC Research also reviews the various materials and material systems that create different colored LEDs and their potential technologies for the future.
Andrew McWilliams spent more than 25 years as a consultant with Ernst & Young, McKinsey & Company and A.T. Kearny focused on manufacturing before segueing into research analysis. He has been covering myriad technology categories for BCC Research for more than 15 years. McWilliams has a BA from Princeton University and an MA from Harvard University. He has worked in more than 40 countries and he resides in the greater Boston area.
- Microscopy: The Global Market (IAS017G)
- Implosion Manufacturing: Novel Nanotech Methods for Next Generation Materials (NAN065A)
- Civil engineering Services for Public Works Infrastructure Projects: North America (ENG023A)
- Organic Foods and Beverages: Global Markets (FOD067B)
- Bionics: Technologies and Global Markets (HLC196B)
The market for Light-emitting Diodes (LEDs) for Lighting Applications is projected to reach $19.5 billion in 2012 and $31.4 billion in 2017, a CAGR of 9.9% between 2012 and 2017.
- Global shipments of high-brightness LEDs reached $5.6 billion in 2008. The market dipped slightly to $5.4 billion in 2009, but is expected to increase at a compound annual growth rate (CAGR) of 8.7% through 2014 to $8.2 billion.
- LED shipments for the automotive market declined from $849.5 million in 2008 to $766.6 million in 2009. Shipments of LEDs in the automotive sector will reach $1.3 billion annually by 2014, a 5-year compound annual growth rate (CAGR) of 11.5%.
- Display backlighting has been and still is a growing market for LEDs. Shipments reached $933 million in 2009 and are anticipated to rise to $1.5 billion by 2014, a 5-year compound annual growth rate (CAGR) of 11.1%.
Shipments of high-brightness light emitting diodes reached $4.8 billion in 2005. They are projected to grow at a 13.1% rate to $6.5 billion in 2006 and then increase at a 10.3% rate to reach $8.8 billion through 2011.
The mobile device LED market, the largest at this time, saw shipments of $2.8 billion in 2005. They will grow at a 9.6% rate to reach $3 billion by 2006 and then level off, as mobile devices experience some market saturation, to increase at a 5.9% rate to amount to $4.1 billion in 2011.
Display backlighting is a growing market for LEDs. Shipments reached $513 million in 2005 and will grow at a 45% rate to adjust to larger screens and amount to $744 million by 2006, and continue at a 21.6% rate to reach $1.9 billion by 2011.
HB-LED shipments will rise at an average annual growth rate (AAGR) of 18.5% to reach $3.3 billion by 2007.
Automotive market HB-LEDs will average 33% annual growth through 2007.
Display backlighting will grow at an AAGR of 24% to reach $1.5 billion in 2007.
HB-LED traffic light units will increase to 26.7 million by 2007.
When do I get the report?
Most reports are fulfilled immediately. In some cases, it could take up to 24 hours.
In what format does this report get delivered to me?
We will send you an email with login credentials to access the report. You will also be able to download the pdf.
What are the free reports included in my purchase?
They consist of a collection of current reports from various partner publishers scanning multiple industries.
What is the difference between BCC Research and BCC Publishing?
BCC Research curates thousands of reports from different sources and provides access to this content to our clients. BCC Publishing is the publication arm of BCC Research (one of several publishers in our portal).
What reports do I get 'discounts' on with my purchase?
All reports. BCC Publishing reports will be available for a 50% discount. All other partner publishers are also available at deeply discounted rates.
Where are you located?
Wellesley Massachusetts, just outside of Boston, Massachusetts, USA.
How long has BCC Research been around?
We are approaching our 50 year anniversary in 2021!
What if I want you to invoice me for payment via Purchase Order?
Simply choose Pay by Purchase Order when you are checking out. We will connect with you via email to set up your order.
What if I have a question about your reports?
Call us, email us, or chat with us! We encourage your questions and feedback. We have a research concierge team available at all times, and included in every purchase, to help our customers find the research they need-when they need it.
Can I share this report with my team?
Absolutely yes, with the purchase of additional user licenses.
Can I use your research in my presentation?
Absolutely yes, so long as the publisher is properly cited.