2015-06-08

Dow Corning: Rapid Growth of LED Lighting Driving Adoption of Advanced Silicone Technologies

General lighting applications for LEDs continue to accelerate in China, thanks to improvements in LED power, efficacy and quality, as well as new government mandates that seek to replace conventional incandescent lighting with solid-state sources. According to market analyst TechNavio, China’s LED lighting market will grow at a compound annual growth rate of 26.9% between 2013 and 2018, making the country one of the globe’s largest potential markets for LED lighting. However, as the technology matures, pressure will grow on LED lighting OEMs to offer more differentiated lighting designs within increasingly stringent cost constraints. 
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