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Market For General Lighting LEDs To Explode Through 2021

Although LED lighting clearly has a bright future in solid-state stationary applications, the market still remains on the near side of the growth curve. That will change rapidly, however, as LED lighting uptake accelerates dramatically in the latter half of the 2010s decade. Having accurate forecasts and analysis will be essential to companies that wish to compete on the global stage. With premium market research from the world's leading publishers. A new forecast predicts the global consumption of packaged LEDs in general lighting applications to increase at 37.1% per year 2011-2016, before accelerating 2016-2021 to an incredible overall annual growth rate of 50.7%.

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