Mid-power LEDs to account for 48 percent of the market in 2014

The growing lighting end market in 2014 is now projected to account for 35 percent of all packaged light-emitting diode (LED) dollars, according to IHS. For the first time, this is more than all backlighting combined. In 2013, lighting and backlighting accounted for 31 percent of market revenue each. Mid-power devices are projected to represent 48 percent of packaged LED revenue in lighting applications in 2014 and 81 percent in terms of units. This represents a major change since 2010 when high-power LEDs, such as 1 Watt devices, dominated.