Freedonia In The News

Article Title: China, India will drive lighting demand growth
By: Jim Carbone
Publication: Purchasing Magazine, 1/8/2009
Freedonia Study: World Electric Lighting (2442)

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Global demand for electric lighting will grow more than 7% per year through 2012 as the market for incandescent, fluorescent and light emitting diode (LED) systems exceeds $40 billion in four years, according to researcher The Freedonia Group.
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Article Title: Philips' Bright Future for Lightbulbs
By: Kerry Capell
Publication: Bloomberg Businessweek, 9/30/2009
Freedonia Study: World Electric Lighting (2442)

Quote from article
The LED market may be a small part of the lighting industry, but it's expected to be the fastest-growing segment over the next decade. Freedonia Group, a Cleveland-based market research firm, projects the global lighting industry will grow at around 5% a year through 2012.
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