Industrial and Commercial LED Lighting Market Is Expected to Grow at a CAGR 30.8% by 2019
LED lighting delivers high efficiency, high level of brightness, long lifespan and high reliability. LED lights are manufactured using semiconductor components and emit less radiated heat as compared to other products such as incandescent and fluorescent. According to the U.S. Department of Energy (DOE), LEDs emit very less heat compared to incandescent bulbs (90%) and CFLs (80%). LED lights are used across various end users applications such as industrial, commercial, architectural and outdoor.
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