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Top Ten LED Supply and Demand Market Trends and Analysis in 2018
The trend and analysis of the top ten LED supply and demand market in 2018 are as follows, including IT display market trends in the demand market, general lighting market trends, architectural and landscape lighting markets, automotive lighting market trends, display market trends, infrared and ultraviolet market trends ; and LED supply market analysis. LEDInside's latest 2017-2021 LED industry demand and supply database shows that the LED industry in 2017 will benefit from the stabilization of LED market prices, coupled with the rapid growth of automotive lighting and outdoor architectural landscape lighting. LEDinside estimates that LED output in 2017 will reach $17.16 billion (+7.4% YoY). The trend and analysis of the top ten LED supply and demand market in 2018 are as follows, including IT display market trends in the demand market, general lighting market trends, architectural and landscape lighting markets, automotive lighting market trends, display market trends, infrared and ultraviolet market trends ; and LED supply market analysis. Trend 1: Mobile Phone Market - Mini LED backlight products have the opportunity to introduce mobile phone backlight applications in 2018. The production capacity of existing AMOLED panels is tight. In addition to Samsung and Apple, other Andriod mobile phone brand manufacturers may face the dilemma of not being able to obtain OLED panels. Therefore, in order to make product differentiation, other mobile phone brand manufacturers will switch to the combination of Mini LED and soft substrate to achieve the form of high-surface backlight. It is expected that the mobile phone products related to Mini LED backlight application will be available in 2018. Trend 2: TV Market - WCG Quantum Point is a technology-wide wide color gamut solution for TV brand manufacturers. In response to the demand of TV brand manufacturers for HDR and wide color gamut (WCG), the HDR market is gradually moving toward WCG. In 2018, the WCG ratio will be expected to be lifted. The basic requirements of the HDR part are about NTFC 85%, and subsequent and even higher, will also drive the NTSC 85% solution with B LED +R(KSF) G (Phosphor), B LED+R (Nitride)G (Phosphor), BG LED + The amount of R (KSF) is expected to increase gradually. In addition to NTSC≧100% program, in addition to QDEF, the Korean factory has developed QD In Open Cell. Because QD material backlight only needs blue LED chip, it will no longer need to use traditional phosphor, so the future phosphor dosage will be The amount of QD in Open cell increases and decreases. Trend 3: General Lighting Market - The number of potential replacement lamps still takes 10 years to get close to saturation. The number of potential lighting fixtures that can be replaced in the world is about 600-70 billion. The past five years of LED lighting industry in 2012-2016 In the growth period, the LED lighting industry has achieved replacement of 11.872 billion LED lighting products worldwide. Plans like global lighting challenges have received wide response from lighting companies, with an estimated 600-70 billion LED fixtures to be used each year by 2020 to reduce energy consumption and greenhouse gas emissions. Trend 4: Building and landscape lighting market - Night travel economy drives the rise of the building and landscape lighting market From the demand side, each city has spared no effort in improving the city's taste and creating tourist attractions. Especially in China, cities have invested heavily in creating a night-sport economy. The dynamic picture control technology combined with the LED curtain wall creates a humanistic urban experience in the form of a light music show on the river bank, the coast, the lakeshore and the city square. With 300 prefecture-level cities in China and 2,800 county-level cities, such as 5% of cities each year to promote urban lighting projects, the demand for billions of dollars of landscape lighting market can be formed. Trend 5: Automotive market - China has grown to become the biggest business opportunity in the global automotive market. China is the world's largest auto market. It is estimated that the total number of passenger cars in 2018 will be 25.5 million (YOY 7.14%). The main reason is two. Third-tier cities are actively developing new economies. Traffic construction promotes the rapid growth of vehicles, the transformation of traditional two- or three-wheel vehicles to four-wheeled vehicles, and the maintenance of vehicles from 100 gradually close to advanced countries (500-800 vehicles) and the implementation of Chinese government policies. Push up the development of local brands. Trend 6: Automotive Market - The trend of automotive panel LED usage gradually entering the long-term automotive panelization has been achieved in Dashboard, CID and Entertainment display applications, dashboards From splicing (3.5-10å‹) to combined display (10.3-12.5å‹), the central control panel (CID) was developed from partial display basic control (6-9å‹) to full vehicle Display control (10.1-17å‹) The entertainment board has been developed from the intrusive display (7-9å‹) to the non-intrusive display (10.3-11.4å‹). The development trend has begun to increase the basic requirements of panel size, wide viewing angle and high brightness. The development of irregular shapes and curved surfaces is expected to increase the output value of automotive panel LEDs from 67 million US dollars in 2016 to 173 million US dollars in 2021, with a compound annual growth rate of 21%. Trend 7: Display Market - Mini LEDs on the display stage, challenging mid-range retinal technology Although Micro LEDs are hot, the technical challenges of massive transfers are still difficult to overcome in the short term, and the time required for industrialization may be long-lasting. For the display industry, macro display technology is a threat to the existing market, but it also brings new opportunities. If it is laid out in time, it can take the lead by leveraging the display technology and the brand channels accumulated over the years. Therefore, the Mini LED technology between the small-pitch display and the Micro LED has won the favor of display companies. With the COB modular package, the display has a smaller pitch (below P0.7). Trend 8: Infrared LED market - 2016-2021 IR LED output value annual growth rate of 15% As some Chinese manufacturers cut into the infrared LED chip market, some of the more mainstream IR LED prices fell rapidly. However, with the emergence of various emerging applications, applications such as security industrial monitoring, virtual reality devices, and facial and iris recognition have emerged. The output value of infrared LEDs continues to grow. LEDinside estimates the size of the infrared LED market in 2017 (excluding the optical sensing component market) of approximately $441 million. It is estimated that it will grow to $699 million by 2021. Trend 9: UV-C LED price pushes market size UV-C LED price varies with manufacturer's product wavelength, quality, product life and order quantity, and the price range is quite large, plus 2017 new material and chip performance The UV-C LED uses a flip chip and a vertical chip to drive brightness with higher current. In addition, unlike UV-A LED products, which are mainly in the light curing market, UV-C LED products are locked in the consumer lighting market. UV-C LED manufacturers such as LG Innotek, Seoul Viosys, and Bioraytron actively promote UV-C LEDs, using lower prices. Open the market, and also block new manufacturers to develop UV-C LED products. Trend 10: LED chip market restarts expansion plan In 2017, the LED chip industry of LED chips ushered in a new wave of expansion. Due to the low price of LED chips at this stage and the cost advantages of China's first-line LED chip manufacturers, orders have been concentrated in China's LED manufacturers. In the case of full capacity, China's first-line LED chip manufacturers began to restart production expansion plans. LEDinside estimates that the number of new devices in 2017 will reach 401 units (K465i equivalent), which is the peak period for expanding production capacity in recent years.