LED Lighting Market Estimated To Expand At A Robust CAGR Over 2024-2033
Market Definition LED lighting is a type of lighting that uses light–emitting diodes (LEDs) as the source of light. LEDs are semiconductor devices that convert electrical energy into visible light. LED lighting is more energy–efficient and has a longer lifespan than traditional lighting such as incandescent and fluorescent lighting. There are a few different types of LED lighting: Standard LED bulbs – These are the most common type of LED bulbs and can be used in a variety of applications, including general lighting, task lighting, and accent lighting. Flood lights – Flood lights are a type of LED light that is designed to provide a wide, even beam of light. They are often used for outdoor lighting, such as security lighting or landscape lighting. Market Outlook The growing number of smart city projects around the …
