TechNavio today launched its report Global LED Chips Market 2011-2015 based on an in-depth study covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers and understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio’s Hardware team said; ”Light Emitting Diode (LED) chips that can provide high brightness are increasingly used as backlight in TVs. Original Equipment Manufacturers (OEMs) in the TV segment are shifting from the traditional cold-cathode fluorescent lamp (CCFL) technology to LED technology to provide backlighting in TVs. This is one of the major factors contributing to the growth of the market.”
According to the report, the growing popularity of LEDs among end-users has led many consumer electronics manufacturers to include LEDs in their product portfolio. Manufacturers in the Consumer Electronics industry are developing Liquid Crystal Display (LCD) panels, automotive applications, and LED panels for use in various home appliances such as TVs. Moreover, benefits such as low emissions and cost effectiveness have forced the Government sector to install LEDs in public places, streets, and government offices.
Further, the report also discusses how the long service life of LED bulbs will reduce the aftermarket for LED bulbs.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/global-led-chips-market-2011-2015
Follow us on Twitter @ Technavio
TechNavio Announces the Publication of its Report – Global LED Chips Market 2011-2015
