The Digital Journal recently posted an article online about the LED industry.
Zion Research has published a new report titled “LED Lighting Market for Residential, Architectural and Outdoor Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2014 – 2020”.
According to the report, the global LED lighting market was valued at approximately USD 20.0 billion in 2014 and is expected to reach approximately USD 42.5 billion by 2020, growing at a CAGR of around 13% between 2015 and 2020.”
As you can see, the LED market continues to grow and is expected to do so at double digit rates. For our electrical wholesale clients, this provides an opportunity to build on the trend and take advantage of the expanding revenue stream.
Read the full article at http://www.digitaljournal.com/pr/3105553
To learn more about commercial and industrial lighting and how we can help, please contact us at email@example.com