Tag Archives: LED

LED lamp market expected to grow

T8 Led Tube And Various Chilled E27 Bulbs

The light-emitting diode (LED) lamp market has been forecasted to reach a consumption value of $3.36 billion in 2019—­almost tripling from last year. According to ElectroniCast Consultants, the 2014 market hit $1.22 billion and will increase at an annual growth rate of 22.4 per cent to reach the 2019 prediction.

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