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.
The LED package prices continue to fall in the second quarter, according to the latest price report from LEDinside, a division of TrendForce. Compared with the prior quarter, the average LED price for the lighting application products has fallen by 1~9%, excluding the package specification 2835.
Osram Licht AG yesterday (April 21) has announced that it is proceeding with the next phase of its corporate reorganization, sending a shockwave across the LED industry. The announcement from Germany-based lighting giant follows Dutch electronics company Royal Philips ’ sale of its automotive lighting and LED components business.
On March 31, a consortium of investors led by GO Scale Capital announced they have bought LED manufacturer Philips Lumileds from its parent company Royal Philips. Under this agreement, GO Scale Capital will pay Royal Philips US$3.3 billion for an 80.1% stake in its automotive lighting and LED components business, and the remaining 19.9% stays under Royal Philips.
LEDinside, a division of TrendForce, reports that industrial lighting has a decisive weight in the entire lighting market. LEDinside has released its latest “1Q15 Silver Member Market Report - Industrial Lighting and High Bay Markets”, which shows an intense level of price competition in the market for LED replacement lighting products, including LED light bulbs and light tubes sold in retail stores.
