LED displays set to represent 50 per cent of consumer market

In 2011 the number of LED displays sold to consumers will represent approximately half of the market, according to the latest estimates.

LED displays are becoming increasingly common because wide uptake is causing a steep drop in price and they are much more desirable than outgoing options.

LED TVs, which use traditional LCD panels with new, efficient LED backlighting, are becoming popular when people go to upgrade their HDTV or PC monitor and with a number of competing firms offering appealing products, the onus is on the manufacturers to keep costs low.

In 2010 there was a significant growth in the number of LED displays sold, but only 20 per cent of the market was captured by this emerging technology. This is expected to more than double over the next 11 months, with consumers picking up LED displays in larger numbers than ever before and a 50 per cent market share predicted by the year’s end.

One area in which LED displays will be the default choice is for laptops, as 100 per cent of the market is set to be swallowed by LED-powered screens, up from 91 per cent in 2010.

This news come from analyst organisation, iSuppli, which appreciates the convenience of having a light, bright, slim and energy-efficient LED display on a portable device like a laptop and foresees that the entire 2011 product line-up will feature this technology.

Larger displays will see close to 67 per cent of their kind using LED backlighting, a 23 per cent increase compared to last year’s figures. In total it is predicted that almost 500 million LED displays will be sold around the world this year, which is an increase of three quarters compared to 2010 and good news for LED manufacturers.