Global Packaged LED Market to Reach $22B by 2019, According to Strategies Unlimited

Date:2015/5/18  　　【Back】

The research firm, Strategies Unlimited, reports that revenues from the total packaged LED market reached $15.6 million in 2014, growing 7.6 percent compared to 2013. About 34 percent of total revenues came from lighting. The combination of display backlighting and mobile applications made up a nearly equal portion of the revenue at 35 percent. Strategies Unlimited predicts that the largest share of the total packed LED market, lighting, will reach 45% of total revenues by 2019. The firm expects lighting to have the largest growth of any sector with a 5-year CAGR of 14.3%.