According to LEDinside, total revenue of global packagers in 2010 reached $12.8 billion with an annual growth rate of 57%. In regional performance, Korean output value in particular, increased at an exceptional rate - the main reason behind the growth was that large conglomerates that own television brands such as Samsung and LG provided the necessary support to drive the growth of Korea’s LED industry. Looking forward into 2011, LED-backlit TV and LED lighting markets are still the main driving force for the LED demand, and LEDinside estimates that there is still substantial room for further growth. From the perspective of market supply, LED manufacturers have undergone aggressive capacity expansion in 2010.

Therefore, it is foreseeable that in 2011, the industry will witness explosive growth in both supply and demand. Nonetheless, only the manufacturers which are able to maintain quality while keeping costs low can outperform others in the competitive industry.

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LEDinside's Market Intelligence program offers extensive research reports on the LED industry, prices and market trends, which will help you gain insights into the rapidly changing LED industry.

2011 is a new and dynamic year for LED industry, and LEDinside offers 3 extensive and in-depth reports that covers the High Brightness LED Market (gold report), price and market trend (silver report) and customized reports.

The LED market is a rapidly moving industry, and to provide LED players with the most updated information, LEDinside's customized report provides the latest information on the upstream, midstream, LED chip price, and demand to reflect the market trend and technology. The latest report from LEDinside is "Report on 2010 China's LED chip industry". For more information on this report, please click here.