LED Lighting Market in China 2014-2018
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NEW YORK, April 29, 2014 /PRNewswire/ — Reportlinker.com announces that a new market research report is available in its catalogue:

LED Lighting Market in China 2014-2018

http://www.reportlinker.com/p02105832/LED-Lighting-Market-in-China-2014-2018.html

About LED Lighting in China
LED lighting, also known as solid state lighting, is a semiconductor-based lighting technology. LEDs emit light based on the electroluminescence principle, which gives them high luminous efficacy. Also, LEDs are compact in size and are more power efficient as well as brighter than traditional lighting technologies such as incandescent and fluorescent lamps. Owing to these advantages, customers prefer to use LEDs for general lighting applications. In China, LEDs are gaining more importance due to their power and luminous efficacy. Moreover, the government also supports the adoption of LED lighting to a large extent. Thus, China is becoming one of the largest potential markets for LED lighting.
TechNavio’s analysts forecast the LED Lighting market in China will grow at a CAGR of 26.9 percent over the period 2013-2018.

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