Global LED market dominated by Nichia and Samsung

Press Release   •   Oct 17, 2012 17:19 BST

The global LED market grew approximately 10% from $11.3 billion in 2010 to $12.5 billion in 2011.

The continuing popularity of tablets and similar mobile devices will be a key factor in the growth of the global LED market. The mobile devices segment of the global LED market is expected to account for 39 billion unit sales by the end of 2012, but will almost double to 75 billion by 2016, climbing at a compound annual growth rate (CAGR) of 14%.

The reduced market for LEDs in mobile phones is compensated by growing demand in tablets. The two products that matter the most in terms of tablet volume are the iPad2, which uses 36 LEDs, and the Kindle Fire, which uses 20 LEDs.

The mobile devices portion contributed $4.7 billion to the total LED market in 2011 - a share of 27% - and the insatiable demand for tablets such as Apple's iPad 3 and Google's new Nexus is expected to be a major market catalyst.

The top ten manufacturers accounted for 68% of all LED component sales in 2011 but 75% of total sales in 2010. In 2011, the top three LED manufacturers each had revenues exceeding $1 billion. The companies in the top ten were the same in 2011 as 2010 but the order was slightly different.

The rank order of the top 10 suppliers in the LED market for 2011, by revenue of packaged LED components, is:

1) Nichia 
2) Samsung LED 
3) Osram Opto Semiconductors 
4) LG Innotek 
5) Seoul Semiconductor 
6) Cree
7) Philips Lumileds
8) Sharp 
9) Toyoda Gosei 
10) Everlight

Packaged LED makers in Japan accounted for the greatest portion of overall LED component revenues (30%) followed by Korea (26%) and then Taiwan and Southeast Asia (19%).

For more information on the global LED market, see the latest research: Global LED Market

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