June 4, 2012 — Displaybank published a 2009-2014 analysis of light-emitting diode (LED) packages, the finished LED components used in various applications. While LED package units will grow steadily through the forecast period, revenues will remain mostly flat from 2010 to 2013.
|Figure. LED package sector growth by units shipped and by revenue through 2014. SOURCE: LED Industry Outlook – Package (2009~2014), Displaybank.|
LEDs are achieving near 100% penetration in mobile device displays, emerging as a major segment of lighting, and replacing CCFLs in television backlights. Market penetration is increasing for internal and external automotive lights, as well as signage applications.
LED light sources can offer higher performance and lower power consumption than traditional technologies. The technology is also considered more environmentally friendly, and can reduce costs for some applications.