Global LED lighting market penetration rate is quickly rising with market value expected to reach US$ 17.8 billion by 2014, according to the latest silver report by LEDinside, a subsidiary of global research institute TrendForce. Compared to 2013, the overall LED light product shipment volume will grow 68% YoY to 1.32 billion units in 2014.

4Q13 Silver+ Member Report- Outline Lighting Market Development Trend-Outline Lighting Level Package Market Trend- Product Development and Strategy  Trend One: Rising Commercial, Industrial And Outdoor Lighting Markets