TechNavio today launched its report, Global LED Market 2010-2014, which is based on an in-depth study of the Americas and the EMEA and APAC regions.
London, UK, December 10, 2011 -- TechNavio today launched its report, Global LED Market 2010-2014, which is based on an in-depth study of the Americas and the EMEA and APAC regions. The report aims to aid decision makers understand the key trends impacting the growth of this market.
Commenting on the report, an analyst from TechNavio’s Hardware team said, "Governments and public sector departments across the world have begun to realize the benefits of LED lighting systems over traditional lighting systems. Several public sector organizations and large private enterprises are in the phase of testing and trialing LED lights for their lighting requirements. This is expected to boost market growth."
According to the report, LEDs are technically efficient in terms of lighting and power consumption. The control and limitation of power consumption is achieved effectively through the usage of LED bulbs in comparison to their traditional counterparts - incandescent bulbs. In addition to being more energy-efficient, LED bulbs have a longer lifetime than incandescent bulbs by thousands of hours.
The study was carried out using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio is the market research platform of Infiniti Research publishing periodic reports on multiple areas of niche and emerging technologies. For further information, please visit http://www.technavio.com/content/global-led-market-2010-2014. Follow us on Twitter @Technavio for daily industry updates.
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