2013-03-07

TrendForce: Benefited From Outdoor Lighting Replacement Demand, Worldwide LED Outdoor Lighting Market Value Grows By 46% in 2013.

The latest market report published by LEDinside, a research division of TrendForce showed that LED outdoor lighting replacements will be popular worldwide from 2013 to 2015, with Asian countries including China, Japan, and Taiwan acting most aggressively. Promoted by the policy, the LED outdoor lighting market value will be up to 2,478 million USD in 2013, an annual growth over 46%. In other emerging countries such as Thailand, Russia, Latin America and Africa, considerable streetlight replacements will also be installed in 2014. The installation of LED streetlight replacements will gradually slow down in 2015, and the number of worldwide LED streetlight replacements and newly installed LED streetlights will be maintained at approximately 10 million/year. 
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