Description

The light-emitting diode (LED) lighting market is growing, driven predominantly by supportive legislation phasing out inefficient lighting technologies. This research service examines the global LED lighting market, providing specific breakdowns for North America, Europe, Asia, and Rest of World. Decreasing prices, improving quality, and increasing technical advantages are significant influences on the market’s anticipated growth trajectory. The study period is 2008-2018, with a base year of 2011 and a seven-year forecast period of 2012-2018. Key market drivers and restraints, market engineering measurements, and forecasts and trends for the total market, are analyzed.