In response to the rapid changes in the market, the LED industry has adjusted its organization and strategic direction in recent years. It has also been continuously improving luminous efficiency, cutting prices and reducing costs, while trying to break into a niche market to increase profits. At present, the growth momentum of mainstream LED applications including mobile phones, large-size backlights, lighting and automotive applications is slowing down. More and more LED manufacturers are investing in niche market applications such as UV LED and IR LED, which are expected to boost market demand.
The LED industry is sluggish, and the application of invisible light is rising
Chu Yuchao said that in 2015, the global LED market output value is estimated to be about 14.52 billion US dollars, and the annual growth rate (YoY) has dropped to 2%. However, due to the rapid and fierce decline in LED prices, it is not ruled out that negative growth may occur in the fourth quarter of settlement. situation.
Chu Yuchao pointed out that the LED industry has entered a plain period. It is estimated that the global LED market’s annual compound growth rate (CAGR) in the next five years may only be about 3%. The imbalance between LED supply and demand will continue. Accelerate the elimination of ineffective production capacity, forcing some manufacturers to withdraw from the market. As for the LED niche market applications such as infrared (IR) LED and ultraviolet (Ultraviolet, UV) LED, which are divided into UVA, UVB, and UVC according to their different wavelengths, there is a relatively chance to drive demand growth. Taiwan's Epistar, Yanjing Optoelectronics, and Nikkiso also expressed their views on the development of UV LED and IR LED fields at the conference.
IR LED: High demand for night vision system and biosensing
Xie Mingxun, vice president of Jingdian R&D Center, pointed out that UV LED and IR LED are niche markets. Although the current demand is small, the profits are better. For IR LEDs, the price of a single LED is about 8 to 16 times that of blue LEDs of the same size. . Jingdian has a full range of spectrum LED chips from UV to IR, of which IR LEDs are mainly used in two areas: Security and Sensors.
In the field of security monitoring, applications include network surveillance cameras using IR 850nm and 940nm LEDs, as well as a Night Vision system installed in car headlights. The driving field of view can reach 150 to 200 meters away. Clear. Xie Mingxun further stated that the demand for IR LEDs for night vision systems should be the largest.
In response to the rapid changes in the market, the LED industry has adjusted its organization and strategic direction in recent years. It has also been continuously improving luminous efficiency, cutting prices and reducing costs, while trying to break into a niche market to increase profits. At present, the growth momentum of mainstream LED applications including mobile phones, large-size backlights, lighting and automotive applications is slowing down. More and more LED manufacturers are investing in niche market applications such as UV LED and IR LED, which are expected to boost market demand.
The LED industry is sluggish, and the application of invisible light is rising
Chu Yuchao said that in 2015, the global LED market output value is estimated to be about 14.52 billion US dollars, and the annual growth rate (YoY) has dropped to 2%. However, due to the rapid and fierce decline in LED prices, it is not ruled out that negative growth may occur in the fourth quarter of settlement. situation.
Chu Yuchao pointed out that the LED industry has entered a plain period. It is estimated that the global LED market’s annual compound growth rate (CAGR) in the next five years may only be about 3%. The imbalance between LED supply and demand will continue. Accelerate the elimination of ineffective production capacity, forcing some manufacturers to withdraw from the market. As for the LED niche market applications such as infrared (IR) LED and ultraviolet (Ultraviolet, UV) LED, which are divided into UVA, UVB, and UVC according to their different wavelengths, there is a relatively chance to drive demand growth. Taiwan's Epistar, Yanjing Optoelectronics, and Nikkiso also expressed their views on the development of UV LED and IR LED fields at the conference.
