Global Energy Efficient Lighting Technology Market
The field of lighting has witnessed remarkable technology improvements in the past few years, especially in the area of compact fluorescent lamps (CFL) and solid state lighting. Conventional incandescent bulbs are expected to reach obsolescence with the onset of CFL and LEDs (light emitting diodes). LED lighting is enjoying robust growth because of its exceptional features that include high energy-efficiency, long operational life and robust weather resistant design. Lighting accounts for about 18% to 20% of total energy consumption globally;...
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