LED lighting has grown in leaps and bounds since the start of the decade, and this year looks to be no exception. Let’s look at the predicted developments in the industry for 2015. 

Leading analytics company, IHS, has forecast 10 trends that it believes will propel the lighting and LED industry through 2015, which it believes could lead to improved margins for companies and lower prices for consumers. “For the big three lighting suppliers, the road was bumpy: all of them recorded falling revenue in the first three quarters of 2014,” said William Rhodes, research manager of lighting and LEDs at IHS Technology. “Industry watchers are now looking to see if these giants of the lighting industry can turn the tide in 2015.” 

More from Clean Technica.  

 

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