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Commercial Lighting Penetration Rate Could Reach 23% in 2014, says TrendForce

29 May 2014

Global LED commercial lighting market penetration rate this year soared, with growth projected to reach 23% by the end of the 2014, according to the latest “2Q14 Silver Member- Commercial Lighting Market” by LEDinside a research division of TrendForce.

TrendForce: Manufacturers Maintain Conservative Outlook Towards Production Expansion Despite High LED Order Visibility

28 May 2014

LED price for lighting applications have dropped around 3-7 percent in 2Q14. Similarly, backlight-use LED prices have also seen a decline, dipping around 5-10 percent, with direct-type TV backlight-use LEDs decreasing by 13 percent due to fierce market competition, according to the recent price report from LEDinside.


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