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Global LED Chips Market to Grow at CAGR of 21.6% by 2015
The Global LED Chips market in the Semiconductor industry to grow at a CAGR of 21.6 percent over the period 2011-2015. One of the key factors contributing to this market growth is the cost-effectiveness of LEDs compared to traditional lighting sources. The Global LED Chips market has also been witnessing an increase in backlighting applications in TVs.
The Global LED Chips Market 2011-2015 has been prepared based on an in-depth analysis of the market with inputs from industry experts. This report covers the Global LED Chips market landscape and its growth prospects in the coming years and it discusses how the long service life of LED bulbs will reduce the aftermarket for LED bulbs. It also aims to aid decision makers’ understanding of the significant trends impacting this market.
Light emitting diode (LED) chips that can provide high brightness are increasingly used as Backlight in TVs. Original Equipment Manufacturers (OEMs) in the TV segment are shifting from the traditional cold-cathode fluorescent lamp (CCFL) technology to LED technology to provide backlighting in TVs. This is one of the major factors contributing to the growth of the market.
According to the report, the growing popularity of LEDs among end-users has led many consumer electronics manufacturers to include LEDs in their product portfolio. Manufacturers in the Consumer Electronics industry are developing Liquid crystal display (LCD) panels, automotive applications, and LED panels for use in various home appliances such as TVs. Moreover, benefits such as low emissions and cost effectiveness have forced the Government sector to install LEDs in public places, streets, and government offices.
This report was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry and contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
Key vendors dominating this market space include Cree Inc., Epistar Corp., Nichia Corp., OSRAM Opto Semiconductor GmbH, Philips Lumileds Lighting Co. and Seoul Semiconductors Inc. Other vendors mentioned in the report: Hitachi Cable, Luminus, Toyoda Gosei Co Ltd. etc.
Key questions answered in this report:
- What will the market size be in 2015 and at what rate will it grow?
- What key trends is this market subject to?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the opportunities and threats faced by each of these key vendors?
- What are the strengths and weaknesses of each of these key vendors?
Details of the new report, table of contents and ordering information can be found on Electronics.ca Publications' website. View the report: Global LED Chips Market 2011-2015.