Mar 11 2010
Frbiz.com, one of China's leading B2B search platforms, analyzes that 2010's LED market will see a distance shortage.
In 2010 the global LED market is facing a shortage of supply, and the end of the year may see a serious shortage of supply, unless production capacity is raised.
In 2009 the overall LED consumption level reached 63 billion, which is higher than 2008's 57 billion. LED market revenue is about 6.8 billion U.S. dollars, which increased 11.4% over 2008. As the sharp increase in consumption last year shows, many LED manufactures are already at close to 100% capacity.
Demand is clearly exceeding supply, and the LED market, at least the next three years, will maintain double-digit growth. Frbiz forecasts this year may therefore see a serious shortage of supply, unless additional capacity is able to meet growing demand.
2010's shortfall is expected to be influenced by large-screen LCD TV backlight LEDs. From a demand perspective, the shortfall stems from a strong consumer demand, because LED backlight LCD are becoming increasingly popular. On the supply side, TV manufacturers are actively increasing the sale of LED- backlight TVs.
Laptop usually use around 50 LEDs, while monitors use about 100 LEDs, and LCD TVs use an average of 300-500 LEDs. In addition, because the LED backlight LCD TVs demand is consistently high, LED shortages are likely a primary affect of LED TV panels.
LED backlighting is currently widely used as a device, not only in television or computer monitors' large-size LCDs, but also for a variety of equipment with smaller LCDs, including laptops, mobile phones, portable navigation devices, digital photo frames, digital cameras and keyboards.
In addition, LED solution projects in general have seen increased usage, for residential, commercial and industrial lighting applications. Although, the general LED lighting market is still at an early stage of development, it will over the next two years become the mainstream in the market.