November 28, 2011 09:08 ET

Market Research Projects LED Market Growth at 8% CAGR Through 2014

ROCKVILLE, MD--(Marketwire - Nov 28, 2011) - has announced the addition of the new report "Global LED Market 2010-2014" to their collection of Components market research. For more information, visit

This report forecasts the Global LED market to grow at a CAGR of 7.7 percent over the period 2010-2014. One of the key factors contributing to this market growth is the demand for energy-efficient lighting. The Global LED market has also been witnessing an increase in the preference for LED lighting in the Government sector and the Public Sector. However, the high price of LEDs could pose a challenge to the growth of this market.

"Global LED Market 2010-2014" has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report covers the Americas and the EMEA and APAC regions. It covers the market for LEDs that emit any kind of colored light.

This report does not cover the market for any product, service, or solution that has LED as a light source. The report analyzes the current Global LED market landscape and its growth prospects. It also includes a discussion of the key vendors operating in this market.

Key vendors dominating this market include Nichia Corp., Samsung LED Co., Cree Inc., and LG Innotek.

For more information, visit

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