Mar 2 2011
Research and Markets has released a new market report titled, ‘Solid State and Other Energy Efficient Lighting Systems Application Market Trends (2010 - 2015)’.
Compact fluorescent lights are popular in terms of profits, while LEDs, which occupy the second place in the market, are used to meet the requirements of energy-saving fixtures. The OLED market is anticipated to experience a 44.0% CAGR from the period of 2010 to 2015, while the LED market has provided 31.2% CAGR to energy efficient and solid state lighting market in 2010.
The emerging demand for eco-friendly and energy-efficient lighting technology is boosting the expansion of worldwide energy efficient and solid state lighting sector. This market is anticipated to rise from $28,248.7 million to $53,469.5 million in 2015 at 9.7% CAGR from the period of 2010 to 2015.
The research report examines key energy-saving lighting technologies such as LED, OLED, neon and fluorescent lights. It covers major sub-markets, ingredients, applications and products under these lighting technologies. The report also includes comprehensive geographic analysis of important regional markets such as Asia, Europe, U.S. and rest of the World.