lighting

LED market growth to rebound

Despite the global market for light emitting diodes (LED) dropping 8% in 2016, a new article from Electronics Sourcing has revealed that robust demand will drive the industry, where revenue will total $17.8 billion by 2021. The research, conducted by IC Insights, has found that price erosion was the biggest contributor to the market falling for the first time in 15 years.

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