LED Lighting sales are on the rise and with it shipments of LED chips, reports Digitimes.
According to DisplaySearch, US$1.1 billion worth of LED lighting chips were sold in 2013. The firm predicts sales to reach US$3.4 billion in 2017 as consumer demand continues to grow.
The LED chip market will continue to see an upward trajectory, despite waning sales in chips for LED back-lighting applications, such as display screens. “LED market observers have been expecting huge growth in the LED lighting market for a long time, and it’s finally here,” said Steven Sher of DisplaySearch.
LED lighting technology’s popularity is increasing partially because it contains no mercury, is more efficient than other existing lights and generally has a longer life span.
Increasing demand for LED lighting products is good news for Indice, a designer and manufacturer of another crucial lighting component, LED Driver ICs. Both its Mains IC (INDICE0101) and MR16 IC (INDICE0002) have become a popular choice for lighting manufacturers due to its unique features.
One of those features is Active Temperature Management, which allows the chip to regulate the operating temperature of the light, protecting the LED and electronics from overheating. This extends product life and means lights featuring the Indice Driver IC can also be installed inside sealed fixtures.
Deep Dimming is also a feature of Indice’s products. The Driver IC allows for smooth, flicker-free dimming and is compatible with most dimmers on the market globally.