LED in rescue of sluggish Electronics market
LED has enjoyed a market grow of 10.8% in 2008 to be followed by 2.9% in 2009 thanks to the rising demand for the new LED backlight LCD TV. In contrast to this overwhelming success the overall semiconductor market will see a decline of 9.4% in 2009 making LED a lone star in the sluggish semiconductor market. According to the prediction by iSuppli Corp. the LCD TV market will demand for US $ 163 million worth of LEDs which is more than three fold increase in comparison to the 2008 of US$51 million. This number is expected to increase by nine times to an estimated US$1.4 billion by 2012. The LED backlighting LCD TV with their thinner form factor has certainly set the mark for the future of this market during their demonstration at CES 2009 in Las Vegas. LED back light LCD TVs offer a more efficient alternative in terms of the power consumption in comparison to their CCFL equipped counterparts putting them in compliance with “Energy Star” requirements labeling them as a guarantee to greenness and reduce energy cost. At the same time decline in the pricing of LED making the LED back light LCD TV to become more price competitive with respect to CCFL TVs. But in order to LED hit the main stream market their application should go beyond the LCD TV as we will see in the future their application to be expanded in products such as PC LCD displays and desktop monitors and in light bulbs in general illumination application offering a far more energy efficient alternative to the conventional incandescent bulbs and at the same time offering a higher brightness. The top of the line LED equipped LDC TVs expected to hit the market by summer of this year offering a mixture of thin form factor edge mounted design and higher image quality.