2012-04-24

LEDinside: European Lighting Market Value to Soar by 40% in 2012, Growth Driven by High Electricity Prices and Lighting Aesthetics Preferences

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 LEDinside, the LED research division of TrendForce, Europe has become one of the most fast-growing LED markets in the world besides Japan. Benefiting from the ban imposed by certain countries against selling incandescent light bulb of high wattage in 2012, 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 U...
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