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IHS Markit Releases Ranking of Top LED Suppliers
August 18, 2016 | IHS MarkitEstimated reading time: 1 minute
IHS Markit today released its annual 2015 revenue-share ranking of the top LED suppliers in backlighting, automotive, lighting and other applications.
According to the 2016 edition of the IHS Markit Packaged LED Report, Nichia led in both lighting and mobile applications for 2015, with 12.9% share of the total packaged LED market. Nichia was followed by Osram and Lumileds with a combined share of 14.7%.
“It’s not a surprise that Nichia led in more than one application,” said Alice Tao, senior analyst, LEDs and lighting for IHS Markit. “In 2015, Nichia overtook Cree, which led the lighting category in 2014. Nichia was also very strong in mobile phone LEDs, since the company is a major supplier for Apple’s iPhone.”
Samsung was the leading supplier in backlighting, which includes LEDs used in TVs, monitors, notebook PCs and tablet PCs. Nichia followed in second position and LG Innotek ranked third.
Osram has been the leading supplier of automotive LEDs for many years. Its market share was 35% in 2015 for LEDs used in the total automotive market and 40% for those used in the automotive exterior market. It also led in the “other” application, which includes LEDs used for industrial, medical, security, projection, signage and off-specification applications.
About IHS Markit
IHS Markit is a world leader in critical information, analytics and solutions for the major industries and markets that drive economies worldwide. The company delivers next-generation information, analytics and solutions to customers in business, finance and government, improving their operational efficiency and providing deep insights that lead to well-informed, confident decisions. IHS Markit has more than 50,000 key business and government customers, including 80 percent of the Fortune Global 500 and the world’s leading financial institutions. Headquartered in London, IHS Markit is committed to sustainable, profitable growth.
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