Global Lighting Market Estimated @ $150 Billion in 2020

That’s what it says here (it says 110 billion euros, but each euro is currently worth more than $1.35 — do the math).

A slice:

Aside from the LED market, the smart lighting market is estimated to be worth €41 billion by 2020, whereas in comparison the LED market is expected to be worth €31 billion by 2020.

[EleBlog note: 41 billion euros = (right now, anyway) $55.4 billion. 31 billion euros = $42 billion.]

ALSO THERE IS THIS:

China accounts for more than 20% of the world’s lighting market and has recorded a fast growth over the past years, particularly in terms of the uptake of LED lighting technologies.

NOTE: hat tip to EdisonReport.net.

Source: http://electricalcontractor.com/?p=14930

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