2013-12-31

LEDinside: Global Demand for LED Bulb and Tube in 2014 is to Increase over 80%

Global market research firm TrendForce's Green Energy Division LEDinside said that, with the decrease in LED price and the gradual improvement in LED efficacy, the cost recovery period has been shortened remarkably, greatly improving the intention of commercial and public departments worldwide to replace lights, formally launching the global replacement tide with LED lamps, and retrofit lamps like bulb and tube are most welcomed by market. LEDinside estimates that the global demand for LED bulb and LED tube will increase by 86% and 89% in 2014 respectively o...
Continue reading
2013-12-17

LEDinside: Chinese LED Package Manufacturers on the Rise, Technology Remains Biggest Challenge

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.
Continue reading
2013-11-20

LEDinside: LED Lighting Product Shipment Volume to Soar in 2014

Global LED lighting market penetration rate is quickly rising with market value expected to reach US$ 17.8 billion by 2014, according to the latest silver report by LEDinside, a subsidiary of global research institute TrendForce. Compared to 2013, the overall LED light product shipment volume will grow 68% YoY to 1.32 billion units in 2014.
Continue reading
2013-11-14

LEDinside: LED Companies Focus on New Tech Developments During 4Q13

Korean manufacturers are still planning to increase direct-type LED TV shipment volumes, according to LEDinside, a research subsidiary of global research institute TrendForce. In addition, as Chinese Lunar New Year approaches in January, most LED manufacturers are working hard to release higher Price/Performance (P/P) products in 2014. In face of fierce competition and conventionally low season in 2014, companies are developing new flip chip LED and EMC package technologies to increase their competitiveness.
Continue reading
2013-10-04

Rising Lighting Demands Triggers Chinese LED Manufacturers Surging Utilization Rates

In 1H13, listed Chinese LED manufacturers’ total revenue increased at a Year Over Year (YOY) rate of 24.26% to US$ 629.62 million, while LED chip manufacturers’ revenue reached US$ 274.01 million. LED package manufacturers listed on the Chinese bourse also saw their revenue increase to US$ 355.61 million. Although, chip prices plunged in 1H13, overall sales increased at a YOY rate of 15.42%, companies have implemented low pricing strategies as manufacturers expanded production capacity. Taking into consideration factors including the timing of the production capacity expansion and chip performance, there were huge differences in chip manufacturers’ revenues. Affected by the LED lighting market demand, China’s major chip manufacturers’ production utilization rate reached a historical high, with San’an Optoelectronics and Elec-tech International (ETI) utilization rates at 87% and 59% respectively. Package manufacturers, especially in backlight field had the highest profits as they benefited from unexpected volume increases for lighting applications during 1H13 and an increasingly domestic backlight module supply chain.
Continue reading
2013-08-20

LEDinside:Taiwanese LED Manufacturers Revenues Stable in July

According to LEDinside, a research division of TrendForce, in July 2013, the total revenues of LED companies listed on Taiwan’s stock market reached NT$ 10.95 billion (US$ 366 million), with a Year on Year (YOY) increase of 24.9% and a Month-Over-Month (MOM) growth of 4.24%. Listed Taiwanese LED chip manufacturers revenues peaked NT$ 3.85 billion in the same month, while listed LED package manufacturers saw revenues climb to NT$ 7.09 billion. Despite effects from slowed backlight demands, end-market demands have attracted LED manufacturers to quickly expand into lighting applications.
Continue reading
2013-08-12

LEDinside: LED package manufacturers for backlight application raises on basis of supports from Chinese TV brand

In 2013, LED package industry in China still grows very fast. Take Refond, a representative company of medium-large size LED package manufacture, for example, their revenue in the first half of 2013 meet RMB 294 millions, 67% higher on a year-on-year basis. The LED revenue for meidun-large sized backlight application went to RMB 135 millions with a 113% growth on a year-on-year basis; at the same time, their LED revenue from new small-sized backlight LED also jumped over 10 millions. Beside of this, Shenzhen Jufei Optoelectronics co., Ltd., another representative Chinese small-sized backlight LED package manufacturer’s net profit improved 25%-55% on a year-on-year basis as well. LEDinside, a green energy branch of international market investigating institute TrendFoce said that as Chinese manufacturers’ package technology keep improving, it is obvious that LED package for backlight in China is going ready emerge.
Continue reading
2013-07-16

LEDinside:LED backlight application growth eases in June, manufacturers rush towards lighting market

The total revenue of Taiwanese listed LED manufacturers plunged to NTD 10.6 billion in June 2013, as the LED market was affected by declining demand for backlight application and stocktaking, according to LEDinside, a research subsidiary of industry research organization TrendForce. Revenue of listed LED chip manufacturers reached NTD 3.97 billion, while LED package manufacturers revenue grew to NTD6.63 billion.
Continue reading
2013-07-11

LEDInside: China LED market to grow 36% in 2013, Home lighting market to expand by approximately 90%

China’s LED lighting market will reach RMB 32.4 billion (US$5.24 billion) in 2013, at a year-on-year growth rate of 36 percent, according to LEDInside’s latest Chinese LED Lighting report. LEDInside is a research division under global market research organization, TrendForce. The report highlighted the home market growth of 96 percent, placing it just one place behind the top ranking commercial market. Traditional lighting manufacturers, such as NVC Lighting Technology (NVC), Opple Lighting (Opple), PAK Corporation (PAK) and Foshan Electrical Lighting (Foshan) have all switched to LED lighting, while Taiwanese and Chinese LED assembly companies including Everlight, Edison Opto (Edison), MIS Lighting (MIS), Shenzhen Changfang Lighting (Changfang) are more proactive in utilizing advantages in LED manufacturing to grasp a share of China’s LED lighting market.
Continue reading
2013-06-24

LEDinside: Taiwanese LED manufacturers’ sales revenue in May sets a record high; order demand for backlight in June remains steady

As indicated by market research organization TrendForce’s research division LEDinside, LED market demand was benefited from inventory demand and lighting market order demand. In May, 2013, Taiwanese listed LED manufacturers’ total sales revenue increased to NTD10.96 billion (+6.8%MoM,+23.8%YoY). Meanwhile, Taiwanese listed LED chip manufacturers’ total sales revenue reached NTD4.44 billion (+6.7%MoM,+10.9%YoY). Moreover, that of Taiwanese listed LED package manufacturers also increased to NTD6.52 billions (+6.9%MoM,+34.4%YoY).
Continue reading
2013-05-09

2Q13 Silver+ Member Market Intelligence Service

[LED Lighting Market Development Trend- Commercial Lighting Market Trend] Because commercial lighting often serves a long operation time, in addition to the high brightness requirement, energy-saving requests have also been significant. Since the efficiency of LED lighting products have continued to increase, LED lighting demands brought by the replacement with LED light source will also increase. LEDinside expect that by 2015, the global LED commercial lighting market value will be up to 16,818 million USD.
Continue reading
2013-05-09

2Q13 Silver Market Intelligence Service

LED Lighting Market Development Trend- Commercial Lighting Market Trend Because commercial lighting often serves a long operation time, in addition to the high brightness requirement, energy-saving requests have also been significant. Since the efficiency of LED lighting products have continued to increase, LED lighting demands brought by the replacement with LED light source will also increase. LEDinside expect that by 2015, the global LED commercial lighting market value will be up to 16,818 million USD.
Continue reading
2013-04-17

Significant revenue in 1Q13 resulting from increasing demands in the LED backlight and commercial lighting markets

LEDinside, a research division of Trendforce indicated that benefiting from the advance stocking of the backlight supply chain, listed Taiwanese LED manufacturers achieved a total revenue of 9.39 billion NTD in March of 2012 (+35.1%MoM,+19.5%YoY). In March of 2013, listed Taiwanese LED chip manufacturers achieved a revenue of 3.77 billion NTD (+38%MoM,+15.4%YoY), while listed Taiwanese LED package manufacturers achieved a revenue of 5.62 billion NTD (+33.2%MoM,+22.4%YoY). According to LEDinside,It is clear that due to stocking in the backlight market has broughtand numerous commercial lighting orders,; according to LEDinside, demands are expected to extend to 2Q132 and enhance growth momentum in the LED market.
Continue reading
2013-03-01

LEDinside 1Q13 Silver+ Member Market Report

  Lighting: [Worldwide LED Lighting Market Value Reach 2,478 Million USD in 2013] LED outdoor lighting is being popularized worldwide from 2013 to 2015, especially in the Asian Countries like China, Japan and Taiwan. Driven by the policies, the global LED outdoor lighting market value growth rate is expected to exceed 46%.Besides, street light replacement projects will also be popularized in other emerging markets such as Thailand, Russia, Latin America and Africa starting from 2014. Till 2015, LED street light penetration rate is expected to slow down, and the worldwide LED street light installation volume will stay around 10 million per year.    The worldwide LED outdoor lighting market showed a strong growth in 2012. The new street light installation volume in China accounts for 30% in the global market, with governmental subsidy still being the major driving force. Especially under the situation of weak export sales, more and more companies start to focus on domestic public lighting projects in China. Due to fierce competition, the street lighting price further reduced in 2012, and companies with scale advantage can have more shipment, however, new manufacturers still keep to enter the market. LEDinside estimated that the new LED outdoor lighting installation volume in China reached 900,000 sets in 2012, and as the governmental subsidy projects start installation, the total installation volume in China will reach 1.21 million in 2013, among which the installation volume in Guangdong Province itself will exceed 300,000, becoming the fastest LED outdoor lighting growth momentum. 
Continue reading
2013-02-21

TrendForce:Benefiting from smart phone and TV stocking demand, LED manufacturers gradually increases revenue in January 2013

According to LEDinside, the LED research division of TrendForce, the total revenue of Taiwanese listed LED manufacturers in January 2013 is 8,220 million NTD (+21.5%MoM, +39.9%YoY). LEDinside indicated that in addition to the fourth quarter of 2012 (traditional off season), the TV manufacturers’ delay in stocking will also cause difficulties in the fourth quarter revenue of LED manufacturers.
Continue reading
2013-01-17

TrendForce:Offseason Effect in 4Q12, Drives Taiwanese Vendors towards Bidding Market

According to LEDinside, the LED research division of TrendForce, Taiwanese listed LED manufacturers posted a total revenue of NT$6,917 million (MoM-14.8%, YoY+5.1%) as of December, 2012. As the fourth quarter is the traditional offseason, and branded TV vendors delayed the replenishment of their stocks, LED manufacturers’ fourth-quarter revenue was put to the test. Affected by the offseason effect in the LED backlight market, many Taiwanese LED manufacturers started to set eyes on the LED bidding market such as bulbs and street lights. However, in the face of keen competition in the market, most vendors have aggressively reduced their prices to win the bid, further dampening Taiwanese LED manufacturers’ profitability.
Continue reading
2013-01-10

TrendForce:LED production value to grow by 12% YoY in 2013; handheld application still being the key sales driver

According to LEDinside, the LED research division of TrendForce, global LED production value is expected to hit US$12.4 billion in 2013, representing a 12% YoY growth. Handset application and LED lighting product demand are expected to be the key sales driver to spur corresponding LED demand. Yet, given that the oversupply issue will not be eased in near term, every LED manufacturers will aggressively deploy into new applications and consolidate with peers in order to secure sales and enhance profitability.
Continue reading
2012-11-15

Manufacturers Form Alliances within the Industry as LED Market Becomes Over-Competitive

Manufacturers Form Alliances within the Industry as LED Market Becomes Over-Competitive Thanks to the replenishment demand from brand vendor in 3Q12, the production value for October has shown a respective performance compared to the same period of last year. According to LEDinside, a research division of TrendForce, total revenues for listed LED companies in Taiwan amount to approximately $NT 9.27 billion, a 16.8% growth YoY. With oversupply remaining an issue within the LED industry, many vendors have turned to strategic alliances and share exchanges for the sake of long term development. In the future, the role played by LED manufacturers is likely to expand beyond simply providing chips and components. Many are expected to begin making end products.
Continue reading
2012-09-18

LED Backlight Market Demand in China Surging

According to LEDinside, the LED research division of TrendForce, listed Taiwanese LED firms’ revenues in August totaled NT$9.49 billion, a 2.64% MoM increase and a 7.6% YoY increase. LED Backlight Market Demand in China Surging Benefiting from the increasing demand from China’s October 1 holiday, certain LED manufacturers have been receiving more backlight orders. The demand growth in the Chinese market is attributed to China’s subsidy policy for energy-saving products enacted since June 1, which caused the demand for new TV mod...
Continue reading
2012-08-21

LEDinside: Growth Momentum in Major Markets Weakening, LED Firms’ July Revenues Stay Flat

According to LEDinside, the LED research division of TrendForce, revenues of listed Taiwanese LED firms totaled NT$8.95 billion (MoM+1.68%, YoY+2.4%) in July 2012. According to LEDinside research, TV annual shipment for 2012 will see a mere 5% YoY growth, whereas monitor shipment will suffer a downturn. Notebook demand for 3Q12 is expected to be weak, but new products releases in Mid-3Q12 will pick up the demand and make the annual shipment stay flat compared to that in 2011. As for smartphones, annual shipment forecast revised from 660 million units to 606...
Continue reading
2012-07-12

LEDinside: Taiwan LED Makers’ Revenue Stayed Flat in June, LED Industry to Face Severe Challenge in 2H12

According to LEDinside, the LED research division of TrendForce, the June revenues of Taiwanese listed LED manufacturers totaled NT$8.8 billion (MoM+1.12%, YoY-5.6%). Benefiting from the climbing demand for consumer electronic appliances and the traditional lighting peak season, the LED industry’s 2Q12 revenue reached NT$25.82 billion (QoQ+22.7%). Looking towards the second half of 2012, the LED industry will face a severe challenge – affected by the lukewarm economic outlook and the European debt crisis, the future for end market does not seem b...
Continue reading
2012-05-10

LEDinside: European LED Lighting Sees Rapid Growth, Architectural Lighting Triggers Strong Growth Surge

According to LEDinside, the LED research division of TrendForce, European LED lighting market’s compound annual growth rate will hit 38% in the next five years, becoming another mature LED market besides Japan. In particular, the architectural lighting and commercial lighting markets are less price-sensitive, so they have higher acceptance of LED lighting, and therefore, LED’s penetration rate sees faster growth in both markets. According to LEDinside’s “2011-2015 European LED Lighting Market Report (2012 Version),” the global...
Continue reading
2012-04-25

Chinese May Day Holiday Demand Pickup and Outdoor, Commercial Lighting Peak Season Spurred LED Chip and LED Package Makers’ Utilization Rates to Reach 80%-90% in March

According to LEDinside, the LED research division of TrendForce, the March revenues of Taiwanese listed LED manufacturers totaled NT$8.109 billion (MoM+17.72%, YoY-12.2%). Due to the inventory stocking in the backlight market and the impending peak season of the commercial lighting market, the orders are expected to pour in well into May. The 1Q12 revenues of Taiwanese LED companies amounted to NT$21.05 billion (-2.5%QoQ, -14.9%YoY). The TV demand triggered by the May Day Holiday will help shed light on the market acceptance of the new TVs. Reven...
Continue reading
2012-04-24

LEDinside: European Lighting Market Value to Soar by 40% in 2012, Growth Driven by High Electricity Prices and Lighting Aesthetics Preferences

The energy shortage raises energy-saving awareness around the world, and with the effort of the major companies, LED lighting once again takes over the spotlight in 2012. According to LEDinside, the LED research division of TrendForce, Europe has become one of the most fast-growing LED markets in the world besides Japan. Benefiting from the ban imposed by certain countries against selling incandescent light bulb of high wattage in 2012, the value of European LED lighting market will soar to US$3.01 billion in 2012, a 44% YoY growth; the value is expected to reach U...
Continue reading
2012-03-21

LEDinside: New LED TVs Fueled LED Utilization Rate, Orders to Continue Pouring in well into April

According to LEDinside, a research division of TrendForce, the February revenues of Taiwanese listed LED manufacturers totaled NT$ 6.92 billion (MoM+14.1%, YoY-4.5%). Due to the inventory stocking in the backlight market and increasing bidding projects in the lighting market, LEDinside expects the high demand to persist well into April, 2012. LED Backlight Market Outlook Korean panel makers launched new LED TVs in 2012, which stimulated the demand and in turn increased LED companies’ utilization rates. As a result, LED makers’ revenues...
Continue reading
2012-03-19

LEDinside: South Korean Low Price LED TVs Garner Attention, 2012 to see LED TV Penetration Rate Exceed 70%

Samsung is reported to stop production of CCFL LCD TV, which uses fluorescent lamp as the TV backlight, and will only manufacture LED TV. Since it entering the market in 2009, LED TV has been the high-end choice in the TV market, but its high cost prevents its popularity from further increasing. In a nod to it, Samsung will be actively pushing its direct-type LED TV in 2012 in the hope of increasing LED TV’s penetration rate.   Korean New LED TV Price  on Par With CCFL TV, LED Penetration Rate to Exceed 70% in 201...
Continue reading
2012-01-16

LEDinside: Despite Inventory Pressure on LED Makers, LED Backlight Demand Expected to Pick Up in March

According to LEDinside, a research division of TrendForce, the revenues of Taiwanese listed LED manufacturers totaled NT$ 6.54 billion (MoM-11.99%, YoY-19.6%). In retrospect, the under performing peak season in 2011 and the dull demand made the LED chip and package manufacturers fail to reproduce the booming 1H11 revenue growth in 2H11. At present, given the inventory pressure, many LED makers are actively seeking joint ventures and improving their product quality to create greater product differentiation. LEDinside believes that the gloomy economic climate will ...
Continue reading
2012-01-12

LEDinside: Excessive Capacity Causes Oversupply to Persist in 2012; Makers’ Technological Edge and Patents Become Critical for Survival

LEDinside, the LED research division of TrendForce, indicates that affected by the month-end inventory adjustment and the dreary end-market demand, most LED manufacturers’ revenues underwent setbacks, averaging between 10% and 15%. According to LEDinside, despite the low utilization rates of LED companies, the LED chip supply in 2011 still amounted to 174 billion units while the chip demand was merely 129 billion units, with a 35% oversupply. As a result, most LED manufacturers faced considerable inventory pressure in 2H11. Looking towards 2012, given t...
Continue reading
2011-12-15

LEDinside: LED Makers Strived to Digest Inventories and Make Way into Lighting Market

According to LEDinside, a research division of TrendForce, the revenues of Taiwanese listed LED manufacturers totaled NT$ 7.434 billion (MoM-3.41%, YoY-11.3%). Most companies have made lowering their inventory levels the first priority. LEDinside’s survey finds that a lot of manufacturers’ days sales of inventory (DSI) are over three months. In light of the stagnant outlook, Taiwanese makers have been conservative about their expansion plans, and in the meantime aggressively increase their capacities of lighting product application. Aside from Taiwanese makers, global big names also put more accent on the lighting market. Eying the great potential of Japanese and Chinese markets, Nichia expanded its capacity with its capital expenditures in 2011 reaching US$ 900 million. Moreover, Panasonic plans to merge Panasonic Electric Works with Panasonic Lighting into a new lighting business unit in January, 2012 and launch 70 types of LED light bulbs and 3300 types of LED lighting fixture products in 2012. It is evident that gaining market share in the lighting market will give manufacturers edges over other competitors.
Continue reading
2011-11-10

LEDinside: China to Raise LED Market Demand with Incandescent Bulb Phase-Out Policy and LED Subsidies

The Chinese government recently announced a time frame for the phasing-out of incandescent lamps. China will ban imports and sales of 100W and higher incandescent bulbs starting from October 1, 2012, and ban on 60W and higher incandescent bulbs starting October 1, 2014. October 1, 2015 to September 30, 2016 will serve as an evaluation period. Starting on October 1, 2016 the ban will be extended to 15W and higher bulbs, or adjusted according to the results of the evaluation. The policy is expected to save 48 billion kilowatt hours of power per year and reduce carbon dioxide emissions by 48 million tons annually.
Continue reading

XtraLight Manufacturing, an expert in commercial LED light fixtures, has recently initiated an additional focus on data center LED lighting. This comes after research has found that data centers can reduce energy consumption by ... READ MORE

Whilst there is a wide variety of standard sizes and standard powers and outputs of LED modules available on the market, most luminaire designers would agree that bespoke made-to-measure LED modules are preferable from a performance and design... READ MORE