There will be an estimated 245.237 billion high-brightness LED chips shipped globally in 2016, increasing 31.8% on year, and the corresponding shipment value will reach US$12.821 billion, growing 3.4%, according to Digitimes Research.
Lighting applications will account for 58.7% of shipments, of which usage will be 35.9% for LED light bulbs, 34.7% LED light tubes, 25.6% LED projection lamps and 3.8% LED street lamps, Digitimes Research indicated.
Among other applications for high-brightness LED chips, mobile terminal devices will account for 13.4% of the shipment volume, display boards 6.5%, LCD TVs 5.7%, automobiles 5%, tablets 3.2%, notebooks 2.5% and LCD monitors 1.3%.
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