$4 Billon LED Lighting Module Market to Grow More Than Triple by 2022 - Energy Watch News


$4 Billon LED Lighting Module Market to Grow More Than Triple by 2022

The LED lighting module industry is showing the emergence of innovative functions and the introduction of new market segments including automotive, smart lighting and horticultural markets. In this context, Yole Développement (Yole) estimates the market and presents its vision of the industry in its new technology and market report titled LED Lighting Module Technology Industry & Market. According to Yole’s Solid State Lighting team, the LED lighting module market, including flexible LED strips, reached nearly US$4 billion in 2016 and will grow to US$13.8 billion by 2022.

$4 bn LED lighting module market to grow more than triple by 2022

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