The Worldwide Market for LEDs – Market Analysis and Forecast 2017
In 2016 the LED component market saw a slight stabilization of the price erosion that swept the market in 2015. Though the mid-power LED package market may feel some price stabilization for now, the high-power LED package market may see further price erosions. The top LED package suppliers accounted for more than 60% of the LED package market and many experienced slight growth or negative growth. Strategies Unlimited accounted for the LED package market by analyzing market demand as well as the supply-side activities of more than 50 LED component suppliers.
This report analyzes the LED market used in the following sectors: lighting, automotive, displays, mobile devices, signs, and others. Each sector is further broken down by the main application within each sector, as well as by LED power (low power, mid power, high power, and super high power) and material type (InGaAlP, InGaN, RGB).