It is estimated that the global high-brightness LED lighting industry will have annual growth of 7.5% in terms of output, reaching $13.7 billion in 2015.
The total number of LEDs used will reach 186 billion units, representing annual growth of 32.6%, out of which lighting applications will have the highest annual growth rate in terms of usage, reaching 65%.
From the perspective of LED usage distribution, lighting applications will account for 49.3% of LED usage in 2015, representing growth of 9.9% compared to 2014. Of the LEDs used in lighting applications 37.4% will be used for public LED tubes. Besides, the prices for LED bulbs will drop, and these types of light sources will account for 32.5% of the LEDs used in lighting applications.