2015-05-19

LEDinside Projects Commercial LED Lighting Sector to Reach US$26.65 B by 2015

The scale of the global market for commercial LED lighting continues to grow with the development outlook for light tubes and troffer/panel lights very positive, says LEDinside, a division of TrendForce. The latest analysis by LEDinside in its Silver Member Report: Commercial Lighting Sector’s Light Tubes and Integrated Luminaires estimates that the scale of the global market for all LED lighting products will reach US$25.65 billion in 2015. And within this market, the light tube and troffer/panel lights will make up US$3.44 billion and US$450 million respectively. Both categories are currently seeing stable market growth. 
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For three decades, white LEDs have depended on rare earth materials such as yttrium aluminum garnet (YAG) layered onto a blue LED chip (Figure 1). Seoul Viosys Co., Ltd. (KOSDAQ: 092190) today announced that it has broken that dependence. It h... READ MORE

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