European Lighting Market Value to Soar by 40% in 2012
The energy shortage raises energy-saving awareness around the world, and
with the effort of the major companies, LED lighting once again takes
over the spotlight in 2012. According to analysts, Europe has become one
of the most fast-growing LED markets in the world besides Japan. The value of European
LED lighting market will soar to US$3.01 billion in 2012, a 44% YoY
growth; the value is expected to reach US$10 billion by 2015,
representing a compound annual growth rate of almost 49% from 2011 to
2015....
Published By: Electronics.ca Publications - Tuesday, 24 April, 2012
