According to its 2015 Chinese LED Industry Market Report, LEDinside, a division of TrendForce, finds the scale of the Chinese LED package market for 2014 reached US$8.6 billion and grew by 19% annually. The general lighting market has been the main driving force, and the rising market penetration rates of commercial and residential LED lighting products has been fueling China’s growing demands.
The latest research by LEDinside, a division of TrendForce, sees a significant growth for the infrared (IR) LED market in the near future. LEDinside’s 2Q15 Gold Member Report - 2015 Global LED Supply and Demand Market provides a clear outline on the IR LED’s wide range of applications, such as imaging sensors, motion sensors, light sensors, proximity sensors, position detection systems, biometric recognition systems, and heart rate and blood oxygen monitors.
LEDinside, a division of TrendForce, projects the scale of the infrared (IR) LED market for the surveillance application during the entire year of 2014 to reach US$94 million in its 2Q15 Gold Member Report - 2015 Global LED Supply and Demand Market. This recently released analysis also estimates IR LED market scale in surveillance application will furthermore come to US$120 million for 2015.
The beginning of 2015 was excellent for Apple as the sales of iPhone 6 and iPhone 5S remained strong. The total shipment of iPhones in the first quarter was over 60 million units, exceeding the market expectations. As the second quarter is drawing to a close, the smartphone market shifts its attention to the next-generation iPhone (iPhone 6S or iPhone 7). Interests on the next iPhone's future sales results are growing as more information about its specs have been leaked to the public.
The scale of the global market for commercial LED lighting continues to grow with the development outlook for light tubes and troffer/panel lights very positive, says LEDinside, a division of TrendForce. The latest analysis by LEDinside in its Silver Member Report: Commercial Lighting Sector’s Light Tubes and Integrated Luminaires estimates that the scale of the global market for all LED lighting products will reach US$25.65 billion in 2015.
