global demand for lighting will increase 12.3% year on year through 2016
(PRWEB UK) 8 February 2013
It has been reported that the OLED Displays Market- Global Industry Analysis, Market Share, Growth and Forecast, 2012-2018 has predicted that global demand for lighting will increase 12.3% year on year through 2016 to £49.79 billion. Part of the reason behind this can be attributed to the move towards higher value lighting technologies that are more efficient, as many companies phase out general use, incandescent lamps.
LEDs and other energy efficient light sources also have a big part to play in this growth, with their rising availability and more affordable prices. Simple Lighting co. specialise in a variety of LED lighting including under cabinet lighting, LED strip lights and LED tape. As such, the team were naturally intrigued by the recent report and a representative from the firm shares their thoughts on the matter.
“As the market expands, there is more competition and naturally this leads to more attractive prices for the customer. At Simple Lighting we provide a fantastic range of LED lighting, providing products that are usually priced well below the normal RRP.
“In terms of demand, it is easy to see why LED lights are growing increasingly popular. As well as making considerable savings in the long term, they are more environmentally friendly and are extremely versatile.”
Established in 2009, Simple Lighting Company aims to provide high quality lighting at some of the most competitive prices on the web. The company has grown considerably in recent years and supplies over 4000 products, specialising in LED lighting, LED tape, LED strip lights as well as indoor and outdoor lighting. Simple Lighting Company considers customer service its priority, regularly adding new products to the website.