Indian LED market to hit 32.15% CAGR in 2021

LED Lighting market is growing with a whopping CAGR of 57.31% over last five years. According to “India LED Lighting Market Outlook 2021”, India’s LED Lighting market is forecast to grow at a CAGR of 32.15% over six years. LED

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Global LED Market to Reach $71.35 Billion in 2021

According to the new market research report, “LED Market by Technology”, published by Scalar Market Research, the LED market is expecting an impressive growth at a CAGR of 19.8%. At the estimated growth rate, the LED market is expected to

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LEDinside Reports Global LED Market Posts First YoY Decline in 2015

The latest report from LEDinside, a division of TrendForce, finds the total value of the global LED market (include both visible and non-visible LED products) arrived at US$14.32 billion in 2015, representing YoY growth of -3%. The market witnessed its

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India LED Market Enters Exponential Growth Phase

Low price competition has led to a phenomenon coined “frugal engineering” and innovation, where manufacturers are driven to engineer products at lower prices. “Growth is happening practically by the day,” said Loomba. “I know a lot of my friends in

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Strategies Unlimited Forecasts COB LED Market to Grow to $4.4B in 2020

It is forecasted that the overall market for these COBs (Chips on Board) will grow significantly to $4.4 billion in 2020 from $1.5 billion in 2014, and the market will experience a very respectable 40% growth from 2014 to 2015.

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Cree’s Q2’14 Earnings Preview: Rising LED Penetration to Drive Demand

The LED market dynamics improved considerably in 2013, primarily driven by the launch of new innovative products and the closing price gap with traditional lighting.  Led by strong lighting demand, Cree provided guidance for revenue to grow to $400-$420 million,

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News Updates for the Week of August 15

1.    Getting the LEDs Outby Doug Chandler– Solid-state lighting may save the free world. Someday. Probably not this month. The reality is that the whole lighting industry, and the broader electrical and construction and design and energy-efficiency markets of the world

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Monthly Special Feature… LED Market Grew by 93% in 2010, Driven by Backlights

The worldwide high-brightness (HB) LED market leaped from $5.6 billion in 2009 to $10.8 billion in 2010, a growth rate of 93%, according to market research firm Strategies Unlimited. The total market is expected to reach $18.9 billion in 2015,

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