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Publié par | frost-sullivan |
Publié le | 21 janvier 2014 |
Nombre de lectures | 7 |
Langue | English |
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PR Newswire
LONDON, Jan. 21, 2014
-- Merger and acquisition activity will increase as participants strengthen market presence and enhance brand visibility
The need to reduce energy consumption and minimise greenhouse gas (GHG) emissions in lighting, which accounts for 15 percent of global energy usage and 5 percent of GHG emissions, is driving the light emitting diode (LED) lighting market. To speed up adoption, market participants are offering end users integrated LED lighting solutions that include consultation from concept to implementation along with maintenance services. Reduction in the prices of LED lamps too will boost global sale volumes and encourage emerging nations to turn to solid state lighting (SSL) to meet their energy requirements.