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From 2018 to 2022, the global high-brightness LED output value will increase by 2-5% annually.
According to the latest data, the global high-brightness LED chip production value is expected to reach 13.179 billion US dollars in 2017, an annual growth rate of 2.8%; but from 2018 to 2022, the output value will grow at an average annual rate of 2-5%. According to the latest data, the global high-brightness LED chip production value is expected to reach 13.179 billion US dollars in 2017, an annual growth rate of 2.8%; but from 2018 to 2022, the output value will grow at an average annual rate of 2-5%. From 2018 to 2022, the global high-brightness LED output value will increase by 2-5% annually. From 2018 to 2022, the CAGR of automotive and display applications will be 13-15% and 8-11% respectively; and because LED lighting penetration will be close Saturated, lighting application output CAGR will be less than 10%. The global production value of TV, notebook, monitor and tablet backlight applications will continue to decline slightly in 2018-2022; due to the increasing popularity of smartphone AMOLED panels, mobile phone backlight applications will drop significantly. At the same time, LED chip manufacturers have developed infrared (IR) and ultraviolet (UV) LED chips and micro LEDs, while also developing micro LEDs. Infrared LED chips have been widely used in biometrics (fingerprint, face and iris recognition), ADAS (Advanced Driver Assistance Systems) and Internet of Things (IoT) sensing. UV-A (wavelength 320-400nm) LED chips have been used for industrial and nail curing; UV-B (wavelength 290-320nm) has been used for skin care; UV-C (wavelength 240-290nm) has been used for water And air purification and other fields. Micro LED chips have begun to be used in backlights for fine pixel-pitch displays, automotive displays, and high-contrast displays, and the micro-LED technology bottleneck still exists, so it may not be commercially available until 2018.