Acquired Electronics360

Semiconductors and Components

Module Market Next Target for LED Vendors

03 February 2015

According to the latest research from IHS Technology, leading suppliers of LED components are increasingly diversifying, in order to produce LED modules and light engines. Many companies, known only as packaged LED providers in the past, have expanded their product offerings, and are now also supplying LED modules. The competition in this market is particularly diverse, not only because suppliers are located all over the world, but also because of competition from companies with backgrounds in power devices and other backgrounds.

These suppliers are moving into the module market, in order to diversify their portfolio and protect against component LED profit margins potentially lowering further, as the packaged LED market becomes increasingly commoditized. With Chinese companies beginning to gain share, companies in the West and Korea (among others) are moving up the supply chain to minimize the effects of this competition. With modules and light engines becoming more common, there is a growing trend for lighting companies to purchase LED modules, rather than component-packaged LEDs, in order to shorten and simplify the supply chain; however, in-house production by lighting companies is still common and will remain so.

The combined market for LED modules and light engines in lighting applications is projected to reach $1.3 billion in 2014, according to the latest IHS Next Generation Lighting report. In addition to providing insight into modules and light engines, the report also features analysis of the emerging markets for LiFi, indoor positioning and OLED.

Questions or comments on this story? Contact dylan.mcgrath@ihs.com

Related links:

IHS Lighting & LEDs

News articles:

Lighting Up 2015

Scots Startup Turns Lighting into Wi-Fi Alternative

The Year Wi-Fi and Hybrid Technologies come to LEDs

Smart Lighting Looks to Reduce Commission Costs

Lighting Set to Drive LED Demand



Powered by CR4, the Engineering Community

Discussion – 0 comments

By posting a comment you confirm that you have read and accept our Posting Rules and Terms of Use.
Engineering Newsletter Signup
Get the Engineering360
Stay up to date on:
Features the top stories, latest news, charts, insights and more on the end-to-end electronics value chain.
Advertisement
Weekly Newsletter
Get news, research, and analysis
on the Electronics industry in your
inbox every week - for FREE
Sign up for our FREE eNewsletter
Advertisement

CALENDAR OF EVENTS

Date Event Location
30 Nov-01 Dec 2017 Helsinki, Finland
23-27 Apr 2018 Oklahoma City, Oklahoma
18-22 Jun 2018 Honolulu, Hawaii
Find Free Electronics Datasheets
Advertisement