Streetlights to lead growth in high-power LED shipments, says DisplaySearch

Shipments of high-power LED chips used in streetlights, direct backlit LCD displays, spotlights, and other applications that require higher brightness are expected to grow at a CAGR of 13% between 2014-2017, according to DisplaySearch. The firm forecasts that high-power LED demand will increase from 18.5 billion in 2014 to 27 billion in 2017. Streetlights are forecast to have a 28% share of total high-power LED shipments in 2014, closely followed by TV backlights and spotlights with 27% each; however, streetlights are expected to dominate the high-power LED market in 2017 (41%), followed by spotlights (21%) and TV backlights (15%).



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via Yuichun