Market Watch

June 2023
Meeting the Challenges of Higher-Power LED Lighting Applications

Kevin Parmenter, Director, Applications Engineering. TSC, America

­The global lighting market is projected to reach $163.72 billion by 2027, up from $118.33 billion in 2019,  according to a recent report by Fortune Business Insights.  Of all the most popular lighting technologies available – LEDs, CFLS, HIDs, halogens, incandescent -- LEDs have the highest market sh
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