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Home > Goldman Sachs forecasts
2013-10-01

Goldman Sachs Optimistic about LED Growth in 2014

Goldman Sachs latest global LED industry report pointed out decreasing LED lighting products are driving LED lighting market growth. Goldman Sachs believes LED and general lighting demands have climbed up 70% and 40% respectively in 2013 and 2014. The financial institute upheld its previous outlook that LED lighting penetration rate will reach 70% by 2020, but indicated future lighting demand growths will be much faster than expected.
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