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Solid State LED Lighting Market forecast to Grow 30.9% to nearly $1.3 billion in 2013

The report “U.S. Solid-State (LED) Lighting Market Trends, Opportunities and R&D Activities 2009 - 2014” available at details the trends and developments that are driving the energy efficient lighting market in the United States. According to the 150 page report, many companies, including new entrants who are crossing traditional business boundaries, are streaming into the Solid-State Lighting market. This trend will continue steadily for some time, until a few suppliers eventually dominate. Until that time comes, the market will enter a competition-oriented phase, where paying attention to competitors becomes the basis of a company’s product development policy.