MRRSE LED Driver and Chipset Market : Facts, Figures and | Page 7

turn affect the LED Driver and Chipset market positively. Bye different
display segment, the medical devices held the largest market share in
2014. This segment's dominance is attributed to the increasing usage
of LEDs used for lighting and display of devices used for teeth
whitening, removal of wrinkle skin, endoscopy, stroboscopic and
Computerized Tomography (CT scan)scan among others.
In 2014, by geography, Asia pacific held the largest market share and
is also expected to be the fastest growing market. Rising
environmental concerns among the consumers regarding energy
conservation coupled with increasing disposable income has fuelled
the demand of power efficient LEDs used for lighting and display
purposes. Moreover, initiative of government to promote LED lighting
products has also boosted the demand of LED lighting. Owing to these