High-Brightness LED Market - Global Opportunity Analysis and Industry Forecast, 2014-2022
HB-LED Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $29 billion by 2022, registering a CAGR of 10% during the period 2014-2022. In the year 2014, Asia-Pacific dominated the market and contributed more than 50% share of the overall market revenue, followed by North America. The presence of key market players in Asia-Pacific and rising HB-LED application, primarily in signs, display, and large screen backlighting have fueled the market growth.
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