2013-09-16

LEDinside: Top Six LED Industry Trends 2014

In 2013, the LED package market value was US$ 12.5 billion and is expected to reach US$ 13.39 billion (Year-on-Year +7%) in 2014, according to a LEDinside gold member report. Tablets and smartphones are still highlights of the LED market in 2014. The two applications have shown stable growth as it benefited from increased resolution and market demands. As for lighting applications, LED package value and lighting applications greatly increased in 2014, with most evident growth in industrial, commercial and outdoor lighting markets. LEDinside observed several changes i...
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