LED lighting market to double by 2014
There is likely to be strong growth in LED lighting over the next three years, resulting in a doubling of the market by 2014, according to a new report.,brightcrystal Overall, one can say that LED lights have hit mainstream products like a plague. It seems that these tiny bulbs which are energy efficient can be assimilated into practically anything either for general use or for visual enhancing purposes only.
Strategies Unlimited predicted that the global market for LED light fixtures would grow to $8.3 billion (￡5.1 billion), up from ￡3.8 billion in 2010.
This represents a compound annual growth rate of 22 per cent.
The report listed a number of factors driving increased take-up of LED lighting.
They included improvements in the performance and price of commercially available LEDs and growing awareness of the importance of energy efficiency.,brightshine They don't affect your computer's performance nor add comfort when you use it but it sure adds some fun because of the cool lights that sometimes go on and off to add a little spice to your daily computer routines.
Fiscal stimulus measures undertaken by numerous countries and the phasing out of incandescent light bulbs have also played a part.
Meanwhile,,bluebright One of the most basic devices that run on LED is a flashlight. Older models relied on a single bulb to produce the light needed to make one work. lighting designer Victoria Lee has predicted that the LED lighting market will grow with "reckless abandon" in the year ahead.
"LEDs are getting so much better,,bluebright One of the most basic devices that run on LED is a flashlight. Older models relied on a single bulb to produce the light needed to make one work. and the market is flooded with them so there are so many to choose from," she remarked.
Rapid Electronics is a leading supplier of LEDs and optoelectronic components, and the main UK distributor of Kin,bluebright One of the most basic devices that run on LED is a flashlight. Older models relied on a single bulb to produce the light needed to make one work.gbright LEDs.
There is likely to be strong growth in LED lighting over the next three years, resulting in a doubling of the market by 2014, according to a new report.,brightcrystal Overall, one can say that LED lights have hit mainstream products like a plague. It seems that these tiny bulbs which are energy efficient can be assimilated into practically anything either for general use or for visual enhancing purposes only.
Strategies Unlimited predicted that the global market for LED light fixtures would grow to $8.3 billion (￡5.1 billion), up from ￡3.8 billion in 2010.
This represents a compound annual growth rate of 22 per cent.
The report listed a number of factors driving increased take-up of LED lighting.
They included improvements in the performance and price of commercially available LEDs and growing awareness of the importance of energy efficiency.,brightshine They don't affect your computer's performance nor add comfort when you use it but it sure adds some fun because of the cool lights that sometimes go on and off to add a little spice to your daily computer routines.
Fiscal stimulus measures undertaken by numerous countries and the phasing out of incandescent light bulbs have also played a part.
Meanwhile,,bluebright One of the most basic devices that run on LED is a flashlight. Older models relied on a single bulb to produce the light needed to make one work. lighting designer Victoria Lee has predicted that the LED lighting market will grow with "reckless abandon" in the year ahead.
"LEDs are getting so much better,,bluebright One of the most basic devices that run on LED is a flashlight. Older models relied on a single bulb to produce the light needed to make one work. and the market is flooded with them so there are so many to choose from," she remarked.
Rapid Electronics is a leading supplier of LEDs and optoelectronic components, and the main UK distributor of Kin,bluebright One of the most basic devices that run on LED is a flashlight. Older models relied on a single bulb to produce the light needed to make one work.gbright LEDs.
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