Digitimes Research: Global LED lighting demand in 2018 to grow 180-190% from 2013
Jessie Lin, DIGITIMES Research, Taipei [Wednesday 8 October 2014]

Global demand for LED lighting products and LED-based lighting systems and services in 2018 will increase from 2013 by 190% and 180%, respectively, and global demand for LED lighting will begin to exceed that for conventional lighting products in 2017, according to Digitimes Research.

In contrast, global demand for conventional lighting products in 2018 will decrease 40% from 2013, Digitimes Research indicated.

Conventional lighting products are still and will be mainstream in developing and underdeveloped countries, with about 70% of such products being compact fluorescent lamps (CFLs) and fluorescent lamps. Average annual decreases in CFL use will be higher than that for fluorescent lamps mainly because CFLs will face increasing price competition from LED light bulbs.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s