European General Lighting LED Lamp Market Forecast

The report estimates that 288 million LED lamps were used (installed) in 2014 in the European region.  The study provides the market forecast and analysis of LED lamps used for general lighting, including indoor and outdoor accent and functional lighting for residential, commercial and government areas. General Lighting provides the main illumination of an area.  The number of LED lamps installed during the year 2019 is forecast to reach 2.9 billion (lamp) units, representing an impressive average annual growth rate of 58.7% (2014-2019), which is slightly faster than another research forecast for the United States of America for the same timeframe.