Mid- to low-power LEDs generated 70 percent revenue share, according to IHS

Packaged LED lighting revenue reached $6.6 billion in 2014. Nearly three quarters (70 percent) of that revenue was generated from mid- to low-power LED sales, according to the latest data in the Packaged LED Report 2015, a part of IHS LED Intelligence Service.

The chip-on-board (COB) share was only 8 percent, despite the fact that only a small number of companies began promoting COB products just a few years ago. Citizen was the largest provider last year, with approximately 20 percent market share; followed by Cree, with a 15 percent. The COB market is forecast to increase at a compound annual growth rate (CAGR) of 20 percent, from 2014 to 2020, as they are used to replace high-power LEDs in outdoor lighting applications. The high-end commercial market also shows potential for COB.

The high power LED market is still dominated by several international companies, including Cree, Lumileds, and Osram. In fact, the top three suppliers combined comprised 65 percent of the LED market in 2014.

Nichia led in the mid- to low-power LED market, followed by Seoul Semiconductor and Samsung. The mid- to low-power LED market is much more fragmented, due to the number of Chinese companies competing in this market. 

The largest Chinese packaged LED company, MLS, boasted 5 percent share of the market last year, following Samsung. Mid-power LED is more cost effective for indoor lighting and, with technology improvements, this category might also compete with high power LEDs in the future. 

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