The use of Plastics in LED offers several benefits like Cost savings, Design flexibility, Weight reduction, Part consolidation and Greener manufacturing.
Few important figures related to the LED market are:
The global LED (Light Emitting Diodes) market is expected to reach US $42.7 Billion by 2020.
By 2022, LED are projected to penetrate 52% of the lamp market and 69% of the luminaries segment.
Read on to find out which factors play a role in driving this market.
And check out the 18 Unmissable ‘Hot’ & ‘Cool’ Polymer Solutions for LED!