February 3 - ElectroniCast Consultants, has released a new market research report pointed out that the 2011 package of high-brightness cheap LED light bulbs global consumption of 10.77 billion U.S. dollars. ElectroniCast Consultants, as defined by high-brightness LED luminous efficiency of 30-70 lumens / watt LED.
The report predicts that by 2021, high-brightness LED global consumption is expected to reach $ 69.7 billion.
Declining average selling prices will likely lead to challenging growth model for high-brightness LEDs in some applications. Therefore, in the 2016 to 2021, some of the applications of high brightness LED consumption is expected to be decreased; However, the next 10 years of high-brightness LED sales are expected to grow in all application areas.
The use of high-brightness LEDs in the field of mobile and portable devices will remain strong, but the organic LED will continue to occupy a certain market share. The development of this field is relatively mature, has made considerable consumption in 2012. From 2011 to 2016, consumption of high-brightness LEDs in the field of automotive / vehicle is expected to grow by more than 2 times.
2011 to 2016, high-brightness LEDs is expected to use in the field of static (non-vehicle) signals will reach the 5.5 percent average annual growth rate; but with the slowdown in price decline and market saturation, high brightness LED in the field of static signal consumption will decline sharply; However, in 2016 and 2021, sales of high-brightness LEDs in the field or a slight increase.
2011 to 2016, is expected to high-brightness LED in the logo / professional display application of the consumption will be 22.1 percent of the average annual growth rate from 2016 to 2021, this growth rate even expected to reach 35.9%. In 2016, the consumption of high-brightness LEDs in other applications will reach $ 710 million, will begin to decline after five years.
2011 to 2016, high-brightness LEDs in the field of consumer TV / desktop display backlight will maintain a higher market share from 2016 to 2021, with a lot of market saturation and competition from organic LEDs upgrade, this share will begin to decline.
High Brightness LED consumption in the Americas - South America, Central America and North America - is expected from 2011, $ 3,880,000,000 to $ 24,730,000,000 in 2021. In 2011, Europe, Middle East and Africa (EMEA) region of high brightness LED consumption accounts for 20.2% of the global market, its market share will rise as the region from 2016 to 2021, growth will be greatly expedited.
Electronicast expected, a major factor in the promotion of high-brightness wholesale LED lighting products applications will be ongoing financial support, including subsidies and incentives, as well as regulatory and government departments launched energy efficiency bill, regulations and standards.
