LEDs in Lighting Applications: Market Analysis and Forecast – 2015

Revenues for LEDs in lighting applications, which includes both replacement lamps and luminaires, are expected to grow at a compound average growth rate of 15% through 2019. Lighting Applications have seen a variety different packages used over the last year including-COBs, arrays, high voltage LEDs, high CRI, tighter color bins, directional, multi-directional, etc.