Sep 23 2010
SBI Energy has released a new industry report titled ‘LED and Energy Efficient Lighting Worldwide Markets: Indoor, Outdoor, Residential, Commercial’. The study analyzes the technologies in the industry and their applications in vehicular lighting, electronic displays, illuminated signage and general illumination.
Solid State Lighting
According to the report, various business changes are transforming the lighting industry. The industry will grow significantly as compared to the 6% compound annual growth rate in the last five-year period. The lighting market is experiencing changes with the arrival of new applications for solid state lighting and LED sources. These changes are affecting well-known companies and creating opportunities for new companies.
The report forecasts that the electronic displays and illuminated signage segments have high growth potential. The illuminated Signage has great potential in the large-scale digital displays and digital billboards sections.
The report provides complete data on global and the US markets for all types of lighting elements. The study provides projections for 2014 and offers historic data from 2005.