Safety & Security Benefits of Outdoor Lighting
Outdoor lighting plays a vital role in ensuring the safety and security of public places, streets, pathways, and walkways. To ensure the safety and security of these...
What’s in Store for LED Manufacturers? A Sneak Peek into the LED Lighting Industry
LED lighting is eco-friendlier and are up to 80 per cent more efficient than traditional lighting such as fluorescent and incandescent lights. Today people are realising these...
LED market to reach $96.71 bn, globally, by 2024: Reports
The global LED market was valued at $33.10 billion in 2017 and is projected to reach $96.71 billion by 2024, registering a CAGR of 15.9% from 2018...
LED lighting market to surpass global industry $54.28 bn by 2022: ZMR Report
Developing infrastructure of roads, upcoming development projects, the booming construction industry in developing countries such as China, India, and Indonesia are expected to create massive demand for LED lighting for residential as well as outdoor application.
Global Automotive LED Revenue Still On The Rise, Says Trendforce
“The global automotive market has been showing declines since 2018 amid global trade frictions and economic recessions, but the penetration rates of LEDs in various major automotive lighting products continued to rise.”
On a mission to flourish – LED in lighting
The lighting market like all other markets is strained owing to the on-set of the COVID-19 pandemic. However, if we take a look at the statistics, a...
Grow Lights market to be worth 5.11 Billion US$ by 2022
According to a report by MarketsandMarkets, the overall grow lights market is expected to be valued at USD 5.11 Billion by 2022, growing at a CAGR of 11.86...
Global architectural LED products market to grow by 14% CAGR: STUDY
The study by PMR reveals that manufacturers of architectural LED products prioritising enhanced brightness, in addition of energy efficiency.
