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2014-12-30

LED Lighting Industry's Low Price Trends in 2014

Global LED package market is estimated to achieve US $14.6 billion in 2014, and grows at a CAGR of 3.2% during 2014-2018. Among all LED applications, LED lighting has the highest estimated revenue of US $4.8 billion in 2014, soaring with a CAGR of 12%. These figures suggest that LED lighting market has entered a high growth phase. Nevertheless, the prices of LED lighting products, such as lighting bulbs and tubes show a steady downfall trend.
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2014-12-15

Chinese Vendor Sells LEDs at Unbelievable Low Price

China’s low LED prices have taken on a whole new definition in Zhongshan city located in Guangdong Province, where bulbs are being sold in a similar way to vegetables on the market, according to an Alighting.cn report.
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