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It is pointed out in the latest silver member report issued by LEDinside that global LED lighting penetration rate is rapidly growing. According to the data from LEDinside, a research division of TrendForce, LED lighting market value in 2014 will come to 17.8 billion USD, and the total shipment of LED lighting products will reach 1.32 billion units, with a 68% YoY growth.
Global Average Selling Price (ASP) for 40W equiv. LED lamp was up 2.8 percent to US$ 16.2 in Sept. 2013, according to a latest LED lamp ASP survey by LEDinside, a research subsidiary of TrendForce. Few new products were released worldwide last month. Global 60W equiv. LED lamp was down 2.5 percent to US$ 21.4. Price plunge was most evident in U.S., as top North American lighting brands and wholesalers begin releasing super competitive-priced products. The implemented strategy has obviously stimulated purchases.
The LED lighting market value will soar 47.8% to reach US$35.3 billion by 2014, compared to 2013, according to projections by LEDinside, a green energy research subsidiary of Trendforce. In addition, LED lighting penetration rates are expected to increase 32.7%, with bulb and tube penetration rates at 20% and 15% respectively. To meet new LED bulb and tube market demands in 2014, an estimated 250 MOCVD equipment will be required, according to Jack Kuo, Senior Analyst, Trendforce.
Major Chinese and Taiwanese LED manufacturers will be sharing industrial insights at the sixth “LEDforum Taipei 2013” to take place at the Evergreen International Convention Center in Taipei, Taiwan on Oct. 16-17, 2013. Organizers of the event, TrendForce and its subsidiary 21LED Online have invited China’s leading LED chip manufacturer San’an Optoelectronics Vice President Simon Lin, Laurence Lin, Marketing and Sales General Manager of large Chinese LED packager MLS Co., and many others to share their observations on the LED industry, and carry out technology interchange at the forum. In addition, important speakers at the event will include Epistar Chairman B.J. Lee, and many high ranking managers from major U.S. and European manufacturers. Key company decision makers will be making an appearance. Participants are welcome to celebrate this important annual event.
Global 40W equiv. LED bulb Average Selling Price (ASP) increased slightly by 1.7% in August 2013 to US$ 15.7, according to a recent bulb retail survey conducted by LEDinside, a research subsidiary of TrendForce. Global introduction of new products for August was low. Global 60W equiv. LED bulbs ASP dropped slightly by 2.9% to US$ 21.9. Price drops were most obvious in U.K.
