Compound Semiconductor January February 2010

news digest compound semiconductor
rhombus4
IMS Research Launches New Quarterly Report on LED
Supply, Demand, Market Size and MOCVD Market -
Nichia Dominates $5.2B HB LED Market - Jan 28, 2010
In a groundbreaking effort, IMS Research state lighting to penetrate the general Barry Young, IMS Research Senior
has released the first market research report lighting market. Furthermore, the LCD TV Consultant and Managing Director of OLED
characterizing the supply side of white and market is now rapidly shifting to LEDs due Association, the author of this report, said
RGB LED production used for high to their improved performance, superior “Demand for HB LEDs is forecast to grow
brightness (HB) LEDs. HB LEDs, including form factor and lower power. As a result, by 61% in 2010 and supply is unlikely to
GaN and InGaN, have been experiencing TVs should become the #1 market for HB keep up, creating an opportunity for new
record breaking growth from early 2009 as LEDs in 2010 creating a supply shortage. manufacturers and new tool makers.”
a result of the rapid shift to LEDs in Contents of the report include:
notebook displays. While this growth The report forecasts the extraordinary
continues to accelerate, other markets are growth in large area display backlights by Production in terms of die capacity, yielded
also increasingly migrating to LEDs such as application and shows the capacity, yielded die, wafers, in-spec die and revenue from in-
signaling, very large outdoor displays, digital production and in-spec (binned) LED dies spec (binned) die by supplier.
billboards, personal lighting, automotive and on a quarterly basis by LED supplier. By
industrial. the end of 2009, there were 1,413 reactors Demand forecast and supply/demand
at 75 manufacturers with a capacity of 188 forecast and analysis.
In addition, LEDs are enabling the solid billion die/year.
MOCVD equipment suppliers’ (Aixtron,
Veeco, Thomas Swan and Nippon Sanso)
Table 1 – 2009 Top 5 LED Manufacturers by In-Spec Die Revenue and Share shipments, share and forecasts along with
equipment specification comparison.
LED Supplier Revenue (US$m) Share
Nichia $2,200.0 42.2% Additional findings of the report include:
Cree $550.0 10.6% A projected 2010 shortage of 12-14 billion
Showa Denko $402.1 7.7% in-spec (binned) die, with the shortage
Epistar $359.8 6.9% projected to continue well into 2013.
Epivalley $119.5 2.3%
Others $1,576.1 30.3% 2010 MOCVD reactor forecast of 348 units
Total $5,207.5 100.0% with an additional 195 to 240 reactors
necessary to meet demand, resulting in a
total potential market of 588 reactors.
This potential shortfall in supply is putting
Table 2 - 2009 Top 5 LED Manufacturers by In-Spec Die and Share pressure on both the tool suppliers and the
LED Supplier In-Spec Die (m) Share LED manufacturers to improve yields (or
Nichia 5582 16.5% reduce the binning specs), increase
Epistar 4088 12.1% capacity and speed up tool production.
Samsung LED Company 2974 8.8%
Cree 2821 8.3% Nichia has a dominant position with a 42%
Showa Denko 2031 6.0% share and over $2B in in-spec (binned) die
Others 16346 48.3% revenues as shown in Table 1 due to their
Total 33843 100.0% technical and IP leadership in the white LED
market. Cree’s share has surged to 11%
due to its strong focus on the rapidly
Table 3 – 2009 Regional LED Production (In-Spec Die) and Share growing solid state lighting market.
Region In-Spec Die (m) Share
Taiwan 12,625 37.3% 34 billion in-spec (binned) die were
Japan 8,191 24.2% produced with Nichia again in a leadership
Korea 7,224 21.3% position as shown in Table 2. Epistar was
USA 3,660 10.8% #2 followed by Samsung LED Company,
Europe 1,493 4.4% which vaulted to #3 as a result of strong
China 650 1.9% demand from Samsung’s TV business, Cree
Total 33,843 100.0% and Show Denko.
The quarterly 178-page GaN LED report, including both PowerPoint Slides and Excel Tables and Figures, is
By region, as shown in Table 3, Taiwan
available immediately. To learn more, contact Adrian Lloyd from IMS Research at +1 512 302 1977 or
leads in HB LED production with a 37%
adrian.lloyd@imsresearch-usa.com share followed by Japan and Korea.
4 www.compoundsemiconductor.net January/February 2010
Page 1 | Page 2 | Page 3 | Page 4 | Page 5 | Page 6 | Page 7 | Page 8 | Page 9 | Page 10 | Page 11 | Page 12 | Page 13 | Page 14 | Page 15 | Page 16 | Page 17 | Page 18 | Page 19 | Page 20 | Page 21 | Page 22 | Page 23 | Page 24 | Page 25 | Page 26 | Page 27 | Page 28 | Page 29 | Page 30 | Page 31 | Page 32 | Page 33 | Page 34 | Page 35 | Page 36 | Page 37 | Page 38 | Page 39 | Page 40 | Page 41 | Page 42 | Page 43 | Page 44 | Page 45 | Page 46 | Page 47 | Page 48 | Page 49 | Page 50 | Page 51 | Page 52 | Page 53 | Page 54 | Page 55 | Page 56 | Page 57 | Page 58 | Page 59 | Page 60 | Page 61 | Page 62 | Page 63 | Page 64 | Page 65 | Page 66 | Page 67 | Page 68 | Page 69 | Page 70 | Page 71 | Page 72 | Page 73 | Page 74 | Page 75 | Page 76 | Page 77 | Page 78 | Page 79 | Page 80 | Page 81 | Page 82 | Page 83 | Page 84 | Page 85 | Page 86 | Page 87