News: LED Lighting Market Value at US$30.5 Billion in 2014, Says EORL Head

LED lighting market is expected to see further growth in 2014. Quoting forecasts released by IHS and IEK (Industrial Economics and Knowledge Center),  Liu Chun-Ting, director general for Electronics and Optoelectronics Research Laboratories (EORL) at the Industrial Technology Research Institute (ITRI) indicated that global LED lighting market value is estimated at US$30.5 billion for 2014, and will increase to US$51.6 billion in 2018.

Source: DigiTimes

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