According to NPD DisplaySearch, the demand for LEDs for LED backlight modules is decreasing, but the demand for lighting is rising rapidly. The total demand for LED chips is expected to grow from 17 billion in 2012 to 61 billion in 2014. According to NPD DisplaySearch's latest LED lighting and display supply and demand quarterly report, global LED lighting chip sales in 2013 reached 1.1 billion US dollars, and is expected to reach 3.4 billion US dollars by 2017. Based on 500 & TImes; 500 micron standard size estimates, the total demand for LED chips is expected to increase from 17 billion in 2012 to 61 billion in 2014. However, while demand for LED lighting will increase in the next few years, demand for LED backlight wafers for TV panels and other display devices is expected to decline from 2014. The decline in demand for backlight chips is mainly due to the slow growth in sales of LED-backlit LCD TVs, while the increased efficiency leads to a reduction in the number of LED chips used in each backlight module. Sales of LED-backlit wafers in 2013 were $2 billion, but are expected to fall to $1.4 billion by 2017. In contrast, demand for LED lighting chips has grown since 2012 and is expected to continue to grow into 2017. NPD DisplaySearch LED backlight module and lighting analyst Steven Sher said that the long-awaited market growth wave of LED market researchers has finally arrived. With the decline in demand for LED backlight modules, the significant growth in the LED lighting market has helped LEDs continue to grow. NPD DisplaySearch analysis will continue to replace traditional fluorescent lighting as the cost of LED fluorescent tubes declines, especially in offices and workshops that require 24-hour lighting. LED tube is currently the most popular LED lighting product, because compared with the traditional fluorescent lamp, the LED tube is not mercury-containing, and it is 50% more energy-efficient and has a longer service life. RandM SWITCH Disposable Device Features: R&M Vape,Lead Free Vaporizer E-Cigarette,Quartz Coil Cigarette Vaporizer Pen,Thick Oil Atomizer Vaporizer Pen,Pod Device Puff Bar Shenzhen Ousida Technology Co., Ltd , https://www.osdvape.com
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