LED penetration rates-LEDinside

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2013-10-02

LEDforum 2013 Taipei to Probe Lighting Market Demands

The LED package market value reached US$ 12.5 billion in 2013, and projected to grow at a Year-over-Year growth rate of 7% to US$ 13.39 billion in 2014, according to the latest LEDinside research report. Tablets and smartphone backlight applications will still be the main highlights in 2014. The lighting application market will see most growth in industrial, commercial and outdoor lighting markets.

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