Universal LED Lighting Market to Grow 45% Per Year :Forecasts, Worldwide, 2014 to 2020


Posted May 20, 2015 by pramodsing4

MRRSE.Com Announces addition of new report"LED Lighting Market"to its database

 
The replacing of incandescent bulbs with LED lights has begun all around the word, and the drive towards 100% replacement of existing lighting technology such as incandescent bulbs will support the growth of the LED lighting market. This can be attributed to the fact that LEDs are cheaper than incandescent lights, offer up to 50,000 hours of illumination, and generate 90% less heat compared to incandescent bulbs.These energy- and money-saving attributes of LED lights have made them popular among consumers across the globe. Aesthetics along with efficiency are further adding to the attractiveness of LED lighting
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Tags led lighting market
Last Updated May 20, 2015