Light Emitting Diode (LED) Market Trends- The Insight Partners Light Emitting Diode (LED) Market Trends- The Insi | Page 4

Light Emitting Diode (LED) Market to 2025 It is expected that the consumers will gain awareness regarding the aids of longer life of LED and ultimately would lead to a widespread adoption of LED lighting during the forecast period. Declining prices of LED lamps, growing display backlighting applications, longer life span and high efficacy of LED lamps are key factors propelling the global LED market. LED lighting offers enormous prospects to save energy intake across residential, outdoor and architectural applications. Additionally, outdoor LED lighting is further gaining popularity for usage in tunnels, traffic lights, roadways, parking lots and garages. Residential applications for LED lighting consists of lighting in kitchens, dining rooms, hallways, and bathrooms. Make an Inquiry@ http://www.theinsightpartners.com/inquiry/TIPTE100000106 Contact Us : [phone]| E-Mail : [email protected]