2016 LED lighting output is expected to climb to $7 billion 100 million

Light emitting diode (LED) market will grow significantly. IHS pointed out that with the LCD TV backlight applications (LCDTV) market is becoming saturated, LED has increased the development strength of Dachang lighting market, and have resorted to the low price strategy to seize the business opportunities, is expected to drive LED lighting output by $3 billion 600 million in 2013, rising to $7 billion 100 million in 2016.

Light emitting diode (LED) market will grow significantly.

IHS pointed out that with the LCD TV backlight applications (LCDTV) market is becoming saturated, LED has increased the development strength of Dachang lighting market, and have resorted to the low price strategy to seize the business opportunities, is expected to drive LED lighting output by $3 billion 600 million in 2013, rising to $7 billion 100 million in 2016.