LED Industry Growing at $10 Billion a year in USA Alone

LED lighting market is projected to grow over 45% per year by 2020. The market was estimated at $13 billion in 2014 and is likely to cross over $63 billion by 2020. Next generation lighting attains a complete substitute of luminous filament bulbs with LED lighting that lasts longer and is more efficient. These lightings also have low cost of operation significantly. Philips is the market leader for LED lights and it mainly focuses on higher margin activities. General competitive...

LED Industry Growing at $10 Billion a year in USA Alone

from LED Industry Growing at $10 Billion a year in USA Alone