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A recently published report, "Energy Efficient Lighting in Asia Pacific," from market research company Pike Research based in Boulder, CO states that in most Asia Pacific markets, governments are committing large amounts of funding to basic LED lighting infrastructure, creating an abundance of business opportunities. The firm expects sales of LED lighting systems to increase rapidly over the next ten years and to accelerate sharply after 2015. Unit shipments, including lamps and luminaires, will rise from 66 million in 2011 to 542 million in 2021 -- an increase of more than 700%.
PikeResearch-Energy Efficient Lighting in Asia Pacific