Global LED Industrial Lighting Market to Grow at a CAGR of 49 Percent over the Period 2012-2016 : New Market Study Available at MarektResearchReports.Biz
TechNavio's analysts forecast the Global LED Industrial Lighting market to grow at a CAGR of 49 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing demand for energy-efficient lighting. The Global LED Industrial Lighting market has also been witnessing an increased adoption of energy-efficient LED lighting by Governments and public sectors. However, limited thermal tolerance of LEDs could pose a challenge to the growth of this market.
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