The industry is focusing its attention on LED lighting market growth performance in 2014. The demand for LED lighting will surpass that of LED backlight during the beginning of 2014, according to a recent report by J.P. Morgan. The dispersed LED lighting market is rewriting market game rules. LED manufacturers are hoping to overcome consumer congestion which led to limited bargaining space. With the arrival of a new era in LED lighting, manufacturers hope to enjoy more stable gross profit performance and larger space for price negotiations. 

The LED lighting market value will soar 47.8% to reach US$35.3 billion by 2014, compared to 2013, according to projections by LEDinside, a green energy research subsidiary of TrendForce. In addition, LED lighting penetration rates are expected to increase 32.7%, with bulb and tube penetration rates at 20% and 15% respectively. To meet new LED bulb and tube market demands in 2014, an estimated 250 MOCVD equipment will be required, according to Jack Kuo, Senior Analyst, Trendforce.