LED set to outsell CFL and halogen by 2018
According to IMS Research LED-based lamps and luminaires are predicted to reach 30 per cent of the market in terms of units, and even more in terms of revenue because of their higher price tag.
LEDs currently account for just one per cent of the lighting market in terms of units sold, but 14 per cent in terms of revenue – showing the significant potential for growth.
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