High-Brightness LED Global Market Forecast & Analysis (2011-2021)


Hyderabad, Andhra Pradesh -- (SBWIRE) -- 05/23/2012 -- This is the ElectroniCast forecast of global market consumption of packaged high brightness light emitting diodes (HB-LEDs).

The light emitting diode (LED) market, despite exciting innovative devices driven by technological advances and ecological/energy-saving concerns, still face challenges in overcoming performance/price limitations and in attracting widespread consumption. The use of LEDs in general lighting is increasing, initiating from government-based retrofitting projects – then to commercial/business – and then to the consumer-level.

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