MarketsandMarkets: Global LED Chips Market Worth US$ 8536 Million By 2014

Jun 15, 2010, 08:47 ET from MarketsandMarkets

DALLAS, Texas, June 15, 2010 /PRNewswire/ -- The 'LED Chips Market - Advanced technologies, Global Forecast and Winning Imperatives (2010 -2015) ( report sizes and analyzes the global markets for LED chip applications and LED chip colors over the period 2009-2014. The report studies the major market drivers, restraints, and opportunities for the global LED chips market.

Browse more than 15 market data tables and in-depth TOC on Global LED chips Market. Early buyers will receive 10% customization of reports.

The global LED chips market is estimated to be $8,536 million by 2014, growing at a CAGR of 22% from 2009 to 2014. The market is primarily driven by the development of new applications such as LED backlighting in LCD panels, especially in televisions, and the other advantages of LED chips such as low operating cost. In addition, government initiatives and the growing interest from the consumer electronics industry in newer manufacturing technologies are further fuelling market growth. However, LED chips are expected to be in short supply for next two years due to shortage in supply of manufacturing tools. Market players are focusing on new product launches, product upgrades, and service development to enhance their commercial portfolios. Strategic collaborations among companies are also increasing in order to obtain better technologies and enhance customer base.


The report analyzes the global LED chips market into the following segments:

LED Chip Applications Market (Backlighting, Illumination, Automotive, Signs & Signals)

LED Chip Color Market (Blue, Red, Green, Infrared, Ultraviolet and others)

The market data consists of aggregate sales figures of all LED chips applications and colors. The report sources key market developments from the top companies that it profiles.

Analyst Briefing on LED Chips Market - Advanced technologies, Global Forecast and Winning Imperatives (2010 -2015) to be held on 24th June 2010

The Semiconductor & Electronics practice at MarketsandMarkets is pleased to announce its Analyst Briefing Presentation on the LED Chips Market - Advanced technologies, Global Forecast and Winning Imperatives (2010 -2015) to be held on 24th June 2010. The briefing on the Global LED chips market (2009-2014) will benefit LED manufacturers, retailers and consumer electronics and automotive manufacturers.

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