The LED packaging industry’s value is anticipated to only rise an estimated 3.2% on-year in 2015, from this year's US$14.6 billion to US$15 billion, according to the latest “Global LED package Industry Report” released by LEDinside, a division of Taiwan based market intelligence firm TrendForce. “With growth in the LED package market slowing and competitive pressure coming from China, the LED industry will face some major challenges next year,” said Roger Chu, research director at LEDinside. 

Lower prices and government policies have stimulated the initiation of LED general lighting. From 2013 to 2015, the global lighting market will grow at 36 percent, 37 percent and 38 percent respectively. The residential LED lighting market demand will grow 157 percent, 90 percent and 62 percent respectively.

Konka and A&A Optoelectronics in Canada will be continuing their distribution relationship in Canada, after establishing a good business relationship last year. In 2014, A&A will launch new series of products from Konka to continue their leading position in Canada. 

LED lighting over the next 3-5 years will experience rapid development. Whoever gains access to distribution channels will ultimately win the market as they are the key recourse for LED lighting application. Channels and brand name still remains as the main barrier for lighting applications. Brands with control over export markets will be in an active position. Lighting manufacturers employ different channel strategies depending on the market segments and client demands. High quality distribution channels are conducive towards manufactures that have a controlled accounts receivable turnover ratio and can avoid producing bad debts, as this can increase company revenue and profits.