LED lighting market will increase by 30% next year. Indoor lighting continues to grow.

According to foreign media reports, Taiwan's supply chain companies expect global LED lighting market output to increase by 30% in 2015, and doubling shipments will offset the negative impact of falling prices by 30%-35%.

Research institutions estimate that the total value of global LED lighting output in 2015 will reach 25.7 billion US dollars, accounting for 31.3% of the total output of the overall lighting market. The industry expects that Europe's production capacity will account for 23% of the global LED lighting market next year, with China accounting for 21% and the US accounting for 19%.

According to industry sources, the LED backlight market will decline compared to the overall growth of the LED lighting market, mainly because new LED TVs require fewer chips than backlight LCD TVs, and the price of backlight LED chips is also falling.

An important trend in the LED industry recently is the continued growth in demand for indoor LED lighting equipment and the decline in LED chip/component business. According to the financial report released by CREE, the leading LED lighting company in the US, the sales of LED lighting products of the company increased by 51% year-on-year to US$223 million in the third quarter of this year, while the chip/component business sales fell 20% to US$173.6 million.

According to US semiconductor supplier Rubicon Technology (RBCN), the weak LED backlight market will have a significant impact on the company's current quarterly results, and it is expected that demand will not pick up until the first quarter of next year.

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