Rapid Penetration of LED LCD TVs Drives the Global LED Light Bars Market, According to New Report by Global Industry Analysts, Inc.

GIA announces the release of a comprehensive global report on LED Light Bars markets. Global shipments of LEDs for Light Bars used in backlighting of large area displays are forecast to reach 34.7 billion units by 2020, driven by rapid penetration of LED LCD TVs in developing countries and rising replacement of CCFL LCD TVs with LED LCD TVs in developed markets.

  • Share on TwitterShare on FacebookShare on Google+Share on LinkedInEmail a friend
LED Light Bars: A Global Strategic Business Report

San Jose, California (PRWEB) March 07, 2014

Follow us on LinkedIn – LED light bars are used as light sources in backlight units which illuminate LCD panels. LCD panels do not emit light on their own but need a source for illumination that is provided by backlights, powered either by LED or CCFL light sources. Earlier, LCD panels were integrated only with backlights with cold cathode fluorescent lamp (CCFL) tubes as light sources. However, the CCFL technology is fast phasing out and the LED technology, with its numerous benefits, foremost among them being higher brightness and lower power consumption, is taking over as the key light bar technology for backlighting large area displays including televisions, notebook PCs and monitors, among others. Low cost, direct-lit LED LCD TVs are fast gaining prominence over edge-lit LED LCD TVs. However, it does not translate into increased market value for LED chips and light bars used in TV applications since the direct type LED TV uses lesser LEDs when compared to edge-lit LED TVs.

Televisions currently constitute the largest end-use segment for LED light bars. Notebooks and monitors constitute the other two prominent large area display application segments. When LED LCD TVs were first introduced, the scale of manufacturing LEDs, especially for backlighting large area LCD panels, increased tremendously to meet increased demand. However, with penetration of TVs in developed markets reaching saturation levels, shipments of LEDs required for light bars is expected to decline in the coming years. The market, however, is expected to post recovery in 2015, driven by increasing penetration of LED TVs in emerging markets and accelerated TV replacement demand in developed countries. Presently, notebook PCs represent the only growth segment for LED backlighting, driven by increasing preference for high resolution next generation notebook PCs.

Developing Asian countries are expected to drive long-term growth for LED light bars. China and India hold the highest potential for all types of consumer electronic products including LED and LCD TVs. The Indian TV market is largely under-penetrated when compared to China and therefore offers more attractive opportunities for TV makers. The rapid rise in TV demand, especially LED LCD TV, from India and other emerging countries in Asia bodes well for LED TV shipments in turn benefiting panel, BLU and LED package suppliers. TV backlighting companies in China are expected to offer tough competition to LED packaging companies in Korea and Taiwan which currently dominate global backlighting LED shipments.

As stated by the new market research report on LED light bars, South Korea represents the largest market worldwide. Growth of LED shipments for backlighting large area displays is forecast to be the fastest in China with a CAGR of 1.9% over the analysis period.

Key players covered in the report include BKE&T Co., Ltd., Cree Inc., Edison Opto Corporation, Kai Yiu Optical Co. Ltd., Lextar Electronics Corporation, LG Innotek, Nichia Corporation, OSRAM Opto Semiconductors GmbH, Philips Lumileds Lighting Company, Samsung Electronics Co. Ltd., Seoil Electronics Co. Ltd., Seoul Semiconductor Co. Ltd., Taiwan Surface Mounting Technology Corporation, Regent Manner International Holdings Limited and Toyoda Gosei Co. Ltd.

The research report titled “LED Light Bars: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, drivers, issues and challenges. The report provides market estimates and projections in units for all major countries engaged in manufacturing LEDs for backlighting large area displays, including Taiwan, South Korea, Japan, China and Rest of World (North America and Europe). Application segments analyzed include Monitors, Notebooks PCs, Televisions and Others.

For more details about this comprehensive market research report, please visit –
http://www.strategyr.com/LED_Light_Bars_Market_Report.asp.

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.

Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
Email: press(at)StrategyR(dot)com
Web Site: http://www.StrategyR.com/

###


Contact

  • Raghu Gopal
    Global Industry Analysts Inc
    +1 408-528-9966
    Email

Attachments