Global LED Lighting Market Analysis


Global LED lighting market is likely to outperform and reach US$ 100 Billion Mark by the end of year 2024. The increasing urbanization rate in Northern America, Latin America, Europe, Asia and Africa will propel the demand of LED lighting in residential complex and household. In office application, it is likely to increase more than 40% because of viability and compatibility in office architecture. In retail application, LED lighting penetration will reach more than 60% percent by the end of year 2020. In hospitality application, it would cross the more than 75% till 2020.

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Created by renubresearch 3 years 2 weeks ago – Made popular 3 years 2 weeks ago
Category: Business   Tags:

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