New Market Study, "Global Professional Luminaires Market 2016-2020", Has Been Published
Luminaires based on LED and conventional light sources include CFL, fluorescent lamps, halogen, HID, and incandescent. LED-based luminaires will account for the largest market share because of their energy efficiency and low operational costs. An LED light bulb on an average consumes 30%-50% less power than a conventional light bulb. In addition, LED bulbs are eco-friendly as they do not contain mercury. The global professional luminaires market is expected to grow at a CAGR of 3.85% during the forecast period,...
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