LED lighting is forecast to reach 32% of total lamp revenue in office lighting this year, according to the latest projection by IHS. The total worldwide revenue for office lamps is projected at $3.5 billion, of which $1.2 billion is anticipated to be LED. The remainder is mostly fluorescent lighting.
LED is gaining popularity in high-end installations in developed countries. And lighting designers are increasingly eschewing fluorescent lighting in their projects, in favor of LED.
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