LED market scale-LEDinside

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2014-07-09

Lighting-use LED Market Scale Hits US $4.88B, says TrendForce

The global high brightness LED market scale reached US $14.4 billion this year and is estimated to increase to US $16.6 billion by 2018, with a compound growth rate of 4%, according to “2014 LED Supply and Demand Data Base” by LEDinside, a LED research division of TrendForce. The LED package market value for lighting applications will reach US $4.88 billion and maintain market share of 34%.

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