and Outlook 2017-2022 | Share, Size, Growth, Industry Report Clique para ler
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and Outlook

2017-2022 | Share, Size, Growth, Industry Report

Publicado no e em "Negócios, Negócios", idioma — English. 8 páginas.
According to a new report by Expert Market Research, the global LED market reached a value of US$ 53 Billion in 2016 and is further expected to reach US$ 101 Billion by 2022. Owing to the growing environmental concerns and increasing expenses on electricity generation, governments’ regulations have become more stringent, encouraging the penetration of energy-efficient light sources like LED lights. Click here for summary of the report: Mais
LEDs represent electronic components that can convert electric energy into light. They have today gained prominence across all the regions on account of their potential advantages over other lighting sources such as incandescent bulbs and CFLs. LEDs stay much cooler than incandescent lights, reducing the risk of combustion or burns. As they are made with epoxy lenses, they are highly resistant to breakage. Besides this, they are energy-efficient, long-lasting and easy to install. Mais