일반산업

LED Industry Outlook and Financial Analysis of LED Firms

2009-10-07LEE, Joo-Wan

목차
요약
LED Industry Outlook and Financial Analysis of LED Firms

Ripple effects from the white LED industry

LEDs are expected to rapidly take a growing share of the lighting and BLU market. LEDs do not contain Hg, have low energy consumption and are suitable for emotional lighting with 16.7 billion colors.
The LED industry has a long and broad supply chain and thus supports expansion of a wide variety of related industries.
LED-related industries include sapphire substrates, epi-wafers, chip makers, equipment makers, packaging, fluorescent materials, lighting and BLU.


Outlook for the LED market
The LED industry, which is currently considered to be among the most promising industries for the future, is growing rapidly and the market is expected to reach $103 billion by 2015.
The domestic LED market, which was \2.4 trillion in 2008, will reach to \15.7 trillion
in 2015, maintaining average annual growth of 30.4%, and applications will be the main source of this growth.


The lighting and BLU market

LEDs currently account for only 3% of the worldwide lighting market, this portion will
grow to 28% by 2015, implying revenues of $46.4 billion.
Shipments of LED BLU, the fastest growing sector of the LED market, will reach 52.3 billion units in 2012, with an average annual growth rate of 302% between 2008 and 2012.


Financial/Qualitative Analysis and Results

Daejin DMP, Knowledge-on, Protec and n-Hightech are ranked highest on the basis of profitability, growth, financial stability and future potential.