LED Lighting Sales Growth Seen Slowing

By | October 8, 2014

Scalper1 News

Worldwide sales of LED lights will near $20 billion in 2014, up 12% from last year. But sales are expected to decelerate, with single-digit growth, for the next four years. The LED component market is expected to reach $19.8 billion in revenue this year, vs. $17.7 billion in 2013, market research firm IHS (IHS) reported this week. The overall market would be even bigger if it included all the LED downstream markets, such as lighting, displays, Scalper1 News

Scalper1 News