LED Chipset Demand Growth Primarily Led by LED Lighting Industry, DisplaySearch Reports

Multimedia
Dateline City:
SANTA CLARA, Calif.
Contacts
Defense, Risk & Security; Healthcare/Pharmaceuticals; Economics; Country & Industry Forecasting; Design & Supply Chain
IHS Media Relations, +1 303 305 8021
press@ihs.com
or
Lee Graham for IHS, Inc., +1 212 333 4983
lee@leegrahampr.com

Demand for LED chipsets expected to increase from 35.8 million in 2013 to 1.4 billion in 2018

SANTA CLARA, Calif. (December 22, 2014) The demand for LED chipsets, primarily for the LED lighting market, is forecast to increase substantially through 2018. According to DisplaySearch, now part of IHS (NYSE: IHS), measured in standard units (500 x 500 micron chip size), demand for LED chipsets are expected to increase 293 percent from 35.8 million in 2013 to 1.4 billion in 2018.

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