February 23, 2016

The global LED lighting market is predicted to more than double over the next 5 years increasing from USD 20 billion in 2014 to USD 42 billion by 2020. As the demand for more energy efficient lighting technologies increases and the cost of LED lights falls the market is in a good place. Demand from the Asia Pacific region is set to grow substantially especially with urbanisation in huge countries such as India and China.

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