Global LED Could Grow 50% in One Year

The global market for LED-based lighting solutions could see its value soar by nearly one-half over the course of next year, as the technology continues to improve and consumer awareness grows, a market advisory firm has projected.

Market value for LED lighting will soar to US$35.3 billion in 2014, a 47.8% year-on-year increase, according to a research note from LEDinside.  Read more.