DIGITIMES pointed out that the global high-brightness LED market reached 8.25 billion U.S. dollars in 2010, and it is expected that the output value in 2011 will grow to 12.6 billion U.S. dollars, and the annual growth rate is estimated to reach 53%. It is estimated that the global high-brightness LED output value in 2012 and 2013 will reach 16.8 billion U.S. dollars and 21.9 billion U.S. dollars, respectively, and the annual growth rate will still exceed 30%.
It is mainly due to the rapid acceleration of LED lighting applications, including the active expansion of production in South Korea, Taiwan, and mainland China. If we use the total number of high-brightness LEDs, the annual compound growth rate from 2009 to 2013 will reach 28.6%. Among them, LED lighting applications do not use single-digit composite growth rates as high as 97.4%, not only exceeding the overall growth of the LED industry. The rate also exceeds the annual compound growth rate of 62.6% for LED backlights for LCD displays.
As for the production expansion of MOCVD machines, according to a survey by DIGITIMES Reasearch, in 2010, Chinese mainland companies, driven by the government subsidy policy, placed orders for MOCVD machines for LED production equipment more than South Korean and Taiwanese manufacturers. Since the installed capacity of MOCVD machines in the mainland will peak in 2011, it is estimated that the total number of newly installed MOCVD machines in mainland China will reach 60% in the Asia-Pacific region in 2011.
It is mainly due to the rapid acceleration of LED lighting applications, including the active expansion of production in South Korea, Taiwan, and mainland China. If we use the total number of high-brightness LEDs, the annual compound growth rate from 2009 to 2013 will reach 28.6%. Among them, LED lighting applications do not use single-digit composite growth rates as high as 97.4%, not only exceeding the overall growth of the LED industry. The rate also exceeds the annual compound growth rate of 62.6% for LED backlights for LCD displays.
As for the production expansion of MOCVD machines, according to a survey by DIGITIMES Reasearch, in 2010, Chinese mainland companies, driven by the government subsidy policy, placed orders for MOCVD machines for LED production equipment more than South Korean and Taiwanese manufacturers. Since the installed capacity of MOCVD machines in the mainland will peak in 2011, it is estimated that the total number of newly installed MOCVD machines in mainland China will reach 60% in the Asia-Pacific region in 2011.
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