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Scale of LED Industrial Lighting to Reach US$2.9 Billion in 2016 as Explosion-Proof Lamps Become the Focus of Demand, Says TrendForce

2 March 2016

The LED industrial lighting market has enjoyed accelerated growth in recent years owing to the rising demand worldwide and government subsidies, says LEDinside, a division of TrendForce. According to LEDinside’s latest report, 2016 Industrial Lighting: Explosion-Proof Lamps, the market of LED industrial lighting is forecast to grow from US$2.93 billion in 2016 to US$5.20 billion in 2020, representing a CAGR of over 15% during the five-year period.

TrendForce Reports NAND Flash Revenue Fell 2.3% in 4Q15 as Oversupply Led to Falling Prices

1 March 2016

Set against the prior quarter, the contract prices of NAND Flash memory chips fell by 9~10% in the fourth quarter of 2015 as the market experienced oversupply. Prices of eMMC and SSD products also fell by 10~11% quarterly due to shipments of OEM devices - such as smartphones, tablets and notebooks - being weaker than expected in the same period.


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