2016 LED Industry Outlook

February 16, 2021

According to DIGITIMES Research, the annual growth rate of global high-brightness LED output will be 3.4% in 2016, reaching US$12.82 billion, but it will only increase by 0.6% compared with 2014. The main reason is that it will decrease by 2.7% in 2015 and the base period will be lower. In terms of the number of users, it will reach 245.2 billion in 2016, with an annual growth rate of 31.8%. Among them, the highest annual growth rate of usage will still be 57.1% for lighting applications.

In terms of the proportion of LED usage, the proportion of lighting applications will reach 58.7% in 2016. Among them, the light source for LED bulbs has the highest proportion, accounting for 35.9% of the lighting simulation, followed by the LED light source for lamps. The proportion will reach 34.7%.

In terms of LED backlighting for TV, the highest reduction rate for all applications in 2016 will be 5.4% in terms of usage. The main reason is that the low-cost LED TVs account for a high proportion of the overall TV, and the LED modules are coated. Demand fell.

In other applications, the number of LED light sources used to grow positively has Mobile devices, display billboards, automobiles, etc. Among them, the annual growth rate of smart phones is 7.4%, which is not a double-digit growth in previous years; Negative growth includes Tablet, NB, and Monitor. However, the annual rate of decline will be slower, ranging from -0.5% to -0.9%, and the decline will not be as deep as the TV category.

Impact analysis of LED light source usage in each application in 2016

Impact analysis of LED light source usage in each application in 2016

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