Major regional markets (i.e. China, the U.S. and Japan) and other emerging markets continue to drive the demand growth of this year’s photovoltaic (PV) market. The latest report by EnergyTrend, a division of TrendForce, says that the five largest regional markets for the first half of 2015, as listed in order, are China, Japan, the U.S., the U.K. and Germany.
The scale of China’s LED package market is projected to expand 16% year on year to 61.4 billion RMB in 2015, according to the latest Chinese LED Industry Market Report by LEDinside, a division of TrendForce. The growth of Chinese LED package market on the whole has slowed.
