MyLEDlite Division

LED Lighting Bulbs

led lighting industry

LED lighting technology delivers high efficiency, high level of brightness, long lifespan and high reliability than incandescent, fluorescent and HID lights. LED light minimizes the operating and maintenance cost and is also considered as environment-friendly lighting, as it does not emit harmful gases. LEDs emit very less heat compared to incandescent bulbs and CFLs.

Get Future Scope and More Industries Insight Here

The industrial and commercial LED lighting market is driven by various factors such as high efficiency and durability, the government ban on incandescent lamps and attractive payback, as it consumes minimum electricity and reduces electricity bills. The global industrial and commercial LED lighting market was valued at 12,927.9 million in 2012 and is expected to grow at a CAGR 30.8% during the forecast period from 2013 to 2019.

1 visits |0 Comments|Reply

Related Posts

There are no comments on this post

Write a New Comment on led lighting industry

Please Log In or Register to post comments.

[]