LED market faces bright outlook but hurdles remain

Newswire

* Consumer LED bulb market hindered by cost, production * Niche LED markets set for fast growth By Nina Chestney LONDON, May 18 (Reuters) - The light-emitting diode (LED) sector is growing fast, especially in niche markets such as the car industry, but LED bulbs will not be a mass consumer item for some time, developers and experts said on Tuesday. Lighting accounts for around 20 percent of global electricity consumption. LED bulbs use 20 percent of the energy of a traditional ...

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