Info
Info
News Article

IHS: GaN LED Shipments To Top 100 Billion Units In 2013

Analyst research firm IHS believes the total LED market for AlInGaP, GaN and other LED types will beat the $10 billion revenue reached in 2010


More than 100 billion GaN LEDs will ship in 2013. This is the equivalent of 15 for every person on the planet using this particular type of lighting device incorporating GaN.

This is according to IHS' research's report titled “Q2 GaN LED Supply and Demand".

With mobile phones typically containing five or 10 LEDs and televisions incorporating LEDs numbering up to the hundreds, LED consumption is clearly accelerating.

In particular, GaN LEDs account for 85 percent of total revenues in the LED industry, dominating key applications such as TVs and lighting. The GaN LED market is part of the total global LED market, including AlInGaP and other LEDs, tracked by IHS on an annual basis.

Revenue for GaN LEDs this year will pass the $10 billion mark, notes Jamie Fox, principal analyst for Lighting and LEDs at IHS.

He says, “If we consider the total LED market - including AlInGaP, GaN and other LED types - the $10 billion revenue and the 100 billion unit shipment levels were actually reached in 2010. But now in 2013, both of these thresholds are predicted to be attained by the GaN LED market alone, showing how large the segment has become."

To be sure, tremendous growth has attended the GaN LED market in recent years. Revenue in 2013 is forecast to double from that of only four years ago, while unit shipments this year will have more than tripled since 2009.

Even so, growth on an annual basis has been fairly uneven.

In 2010, for instance, the annual revenue increase was the largest by far in the history of the LED industry, but revenue was flat the year after. Growth then returned in 2012, climbing 15 percent. This year, revenue is forecast to be flat once again or see very little expansion, but the market can take comfort in industry total takings of $10.2 billion.

Another strong growth year is predicted in 2014 via general lighting along with other applications such as TVs and tablets, and then growth will slow after next year, with the double-digit revenue increases typical of years past harder to come by.

Within the GaN LED space, the market this year for GaN LEDs in lighting is projected to reach $3.4 billion, on its way to $6.7 billion by 2016.

In contrast, the market for GaN LEDs in TVs will start declining as manufacturers reduce the number of LEDs utilised per television in the face of newer technology requiring fewer LEDs. From $2.1 billion this year, revenue for GaN LEDs in TVs will contract 7 percent on average every year during the next several years.

A number of challenges will be in store for the LED space moving forward. Despite the strong annual growth of recent years, overcapacity, tough competition and declining profit margins at some companies have been nipping at the industry.

And as the market matures, players will find it increasingly tougher to survive and thrive, even as good opportunities exist for those with the appropriate product and business model, IHS believes.



AngelTech Live III: Join us on 12 April 2021!

AngelTech Live III will be broadcast on 12 April 2021, 10am BST, rebroadcast on 14 April (10am CTT) and 16 April (10am PST) and will feature online versions of the market-leading physical events: CS International and PIC International PLUS a brand new Silicon Semiconductor International Track!

Thanks to the great diversity of the semiconductor industry, we are always chasing new markets and developing a range of exciting technologies.

2021 is no different. Over the last few months interest in deep-UV LEDs has rocketed, due to its capability to disinfect and sanitise areas and combat Covid-19. We shall consider a roadmap for this device, along with technologies for boosting its output.

We shall also look at microLEDs, a display with many wonderful attributes, identifying processes for handling the mass transfer of tiny emitters that hold the key to commercialisation of this technology.

We shall also discuss electrification of transportation, underpinned by wide bandgap power electronics and supported by blue lasers that are ideal for processing copper.

Additional areas we will cover include the development of GaN ICs, to improve the reach of power electronics; the great strides that have been made with gallium oxide; and a look at new materials, such as cubic GaN and AlScN.

Having attracted 1500 delegates over the last 2 online summits, the 3rd event promises to be even bigger and better – with 3 interactive sessions over 1 day and will once again prove to be a key event across the semiconductor and photonic integrated circuits calendar.

So make sure you sign up today and discover the latest cutting edge developments across the compound semiconductor and integrated photonics value chain.

REGISTER FOR FREE

VIEW SESSIONS

Info
×
Search the news archive

To close this popup you can press escape or click the close icon.
×
Logo
×
Register - Step 1

You may choose to subscribe to the Compound Semiconductor Magazine, the Compound Semiconductor Newsletter, or both. You may also request additional information if required, before submitting your application.


Please subscribe me to:

 

You chose the industry type of "Other"

Please enter the industry that you work in:
Please enter the industry that you work in:
 
X
Info
X
Info
{taasPodcastNotification}
Live Event