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National Academies Report Highlights LED Market

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WASHINGTON, D.C., Dec. 21, 2016 — A report by the National Academies of Sciences, Engineering and Medicine says that although residential and commercial industries are widely adopting energy-efficient LEDs, the drop in LED prices is driving away manufacturers because of decreased profitability, dramatically dislocating and restructuring the solid-state lighting marketplace. Since the last Academies report, the annual residential installation of LED bulbs has increased six fold between 2012 and 2014, from 13 million to 78 million. The report also cites the emergence of new applications for solid-state lighting that have...Read full article

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    Published: December 2016
    National Academies of SciencesEngineering and MedicineLEDstechnology reportAmericasBusinessLight Sources

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