Global LED tube shipments are expected to reach 380 million units in 2014 to give the technology a 9.74% penetration rate in the market, according to Digitimes Research.
The lamps are becoming more in demand than fluorescent units due to their energy saving features and are also expected to have luminous efficiency of 200lm/W in 2014, twice that of T8 and T5 fluorescent units.
Most vendors plan to sell the LED tubes for about US$27 in 2014 to attract more customers, added Digitimes Research.
This article is an excerpt from a Chinese-language Digitimes Research report. Click here if you are interested in receiving more information about the content and price of a translated version of the full report.