The global HB LED market is growing at a high rate due to the benefits of HB LEDs. HB LEDs have better luminosity when compared with traditional LEDs. They are preferred over other lights such as incandescent and compact fluorescent lamps (CFL) for their higher drive current levels and energy efficiency. HB LEDs are known as green lighting systems because of their energy-efficient features and low carbon emissions. They consume 75% less energy than other bulbs and have a longer lifespan (60,000 hours) compared with incandescent bulbs (1,500 hours) and CFLs (8,000 hours).

Radiant Insights analysts forecast the global HB LED market to grow at a CAGR of 7.15% during the period 2017-2021.

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The report covers the present scenario and the growth prospects of the global HB LED market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of HB LEDs.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Global Oscilloscope Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Cree
• GE Lighting
• LG Innotek
• Lumileds
• Nichia
• OSRAM
• Samsung Electronics
• Seoul Semiconductor

Other prominent vendors
• Dialight
• Eaton
• Emerson Electric
• Lite-On
• M.L.S Electronics
• TOSHIBA Lighting & Technology
• TOYODA GOSEI

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Market driver
• Demand for energy-efficient lighting solutions
• For a full, detailed list, view our report

Market challenge
• High average cost per LED fixture
• For a full, detailed list, view our report

Market trend
• Declining manufacturing cost of LEDs
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

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