Trade Resources Industry Trends LED Lighting as a Percentage of All of Lighting in The Market Is Expected to Reach 20%

LED Lighting as a Percentage of All of Lighting in The Market Is Expected to Reach 20%

LED lighting as a percentage of all types of lighting in the global market is expected to reach 20% in 2013, and the penetration is likely to rise to 30% in 2014, according to Taiwan-based LED packaging house Everlight Electronics.

Everlight has been setting up retail channels for marketing own-brand LED lighting products in Taiwan and China, with revenue contribution to begin in 2014, the company indicated. As retail prices for LED light bulbs keep falling, international vendors are expected to release OEM orders to Taiwan-based makers, Everlight said.

Epistar, the largest Taiwan-based LED epitaxial wafer and chip maker, has 70% of consolidated revenues coming from blue-light LED chips and 30% from red-light AlGaInP chips, the company indicated. Red-light LED chips are mainly used in signage boards and outdoor display panels, and blue-light LED chips in backlighting and lighting, Epistar noted. The company expects fourth-quarter 2013 consolidated revenues to be flat or slightly increase sequentially.

Harvatek, another Taiwan-based LED packaging house, has 30% of consolidated revenues coming from LED lighting, 15% from backlighting and 40% from SMD LED devices. The company saw operation swing from net losses for seven consecutive quarters into net EPS of NT$0.25 for the third quarter of 2013.

Source: DIGITIMES
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Global LED Lighting Penetration Estimated at 20% in 2013, 30% in 2014, Says Everlight
Topics: Lighting