Spurred by Chinese TV manufacturers’ demands, LED TV penetration rates reached 95% in 2013, according to LEDinside, a subsidiary of global research institute TrendForce. The organization estimates LED TV will completely replace CCFL by 2014, and annual LED TV shipment volume will grow at YOY 3% to 209 million. However, LED for backlight TV applications market value is expected to decrease 17% to US$ 2.41 billion. The main cause behind LED TVs growing shipment volume, but lower market value has been direct-type LED TVs reduced usage of LEDs and its high penetration rate of more than 60% in 2014. Compared to edge-type LED TVs, direct-type LED TVs only uses half the number of LEDs.
TrendForce Shenzhen office--- Global market research firm TrendForce's Green Energy Division LEDinside said that, in 2013 Chinese LED packaging market value increased far quicker than the global average. LED lighting is still the largest application field of 2013 Chinese LED packaging market, accounting for 42%. Due to the rapid growth of Chinese LED commercial lighting market demand, Chinese lighting-use LED manufacturers such as MLS Lighting, Honglitronic, CF Lighting got continuously outstanding performance. High-quality indigenous chips greatly improved the competitive position for Chinese LED lighting-use LED packaging industry. According to LEDinside, indigenous chips has accounted for almost 80% in the 2013 Chinese chip market.
Spurred by LED lighting and mobile device market demands, sapphire substrate manufacturers have been actively expanding their production capacity, according to TrendForce subsidiary LEDinside’s “Global Sapphire Substrate Market 2013” research report. The top five sapphire ingot manufacturers for instance, have seen 2-inch equiv. sapphire substrate monthly production capacity grow by 75% to 7800Kmm compared to 2012.
According to market intelligence organization Trendforce's LEDinside division's newest LED bulb retail findings for October 2013, global 40W equiv LED bulb ASP dipped 2.3 percent to US $15.8 (NT $466), with price decline most evident in the UK region. Conversely, global 60W equiv LED bulb ASP rose slightly 1.2 percent to US $21.6.
Although, mid and large sized LED backlight market was affected by the economic downturn, LED prices for backlight applications overall declined stably at 3-6% in 4Q13, according to LEDinside’s 4Q13 LED price trend report. LED prices for lighting applications also maintained a slow downward slide. The extent of price falls varied among different product specs.