LEDinside: LED Lighting Product Shipment Volume to Soar in 2014

Summary: Global LED lighting market penetration rate is quickly rising with market value expected to reach US$ 17.8 billion by 2014, according to the latest silver report by LEDinside, a subsidiary of global research institute TrendForce. Compared to 2013, the overall LED light product shipment volume will grow 68% YoY to 1.32 billion units in 2014.......

Global LED lighting market penetration rate is quickly rising with market value expected to reach US$ 17.8 billion by 2014, according to the latest silver report by LEDinside, a subsidiary of global research institute TrendForce. Compared to 2013, the overall LED light product shipment volume will grow 68% YoY to 1.32 billion units in 2014. Rapid fall in prices has been the source behind global LED lighting product replacement wave, said LEDinside. Light sources products ........
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